RoadBotics Raises $7.5M in Series A Funding
PITTSBURGH, July 17, 2019- AI-based road assessment platform RoadBotics has raised $7.5 Million Series A investment round lead by AI-focused venture capital fund Radical Ventures.
Other investors like Hyperplane Venture Capital and Wharton Alumni Angels of Silicon Valley also participated in this round.
Roadbotics will use this round of funding to accelerate its growth and development of new products in order to further help local governments and other infrastructure asset managers to get important, objective data about their roads.
Only two and a half years since founding, RoadBotics has over 150 customers in 23 US states and 11 countries.
"This fresh capital, together with Radical's vast network and Artificial Intelligence domain expertise, wi...