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Lacuna Technologies

380 Portage Avenue, Palo Alto, California, 94306, United States

Overview

Lacuna Technologies builds and manages open-source digital twins for cities to model and regulate all forms of mobility, including delivery, rideshare, drones and regular traffic. Since its 2018 founding the company has worked with cities such as Los Angeles, Seattle and Miami to help planners and transportation agencies monitor conditions, run simulations, and implement regulations. Lacuna emphasizes operational control rather than historical planning data, enabling cities to set digital policies that operators can transmit to and receive from in real time. Use cases include geofencing scooter fleets (an LA project in 2019), dynamic curb pricing, and caps on drone movements, with the company focusing on applications that sit on top of its digital twins. Lacuna positions its tools to help cities monetize and manage the public right of way and to ensure operator compliance via digital data exchanges. The company has raised a total of $33.5 million to date and plans to use new capital to expand into new markets and hire engineering teams to build digital twins and connect applications.

Total raised
$16M
Funding rounds
1
Latest round
Series A
Latest activity
Jul 2021

Industries

  • Artificial Intelligence (AI)
  • Machine Learning
  • Software
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Recent funding

  1. Series A

    Jul 2021

    $16M

Team

  • Hugh Martin

    Chairman & CEO at Lacuna Technologies

    LinkedIn
  • Todd Petersen

    Co-Founder and CTO

    LinkedIn
  • John Ellis

    President

    LinkedIn
  • Mark Maxham

    Director, Platform Engineering; Full-stack Engineer

    LinkedIn