StreetLight Data provides a SaaS platform that combines machine learning, transportation expertise, and large-scale mobile and computing data to deliver near-instant insights for virtually every road and block in North America. The platform helps agencies automate and scale data collection and modernize investment decisions, including identifying congestion sources, optimizing infrastructure, and planning for autonomous vehicles. StreetLight is led by CEO and co-founder Laura Schewel. The company powers more than 6,000 global projects every month. It intends to use recently raised funds to expand operations and broaden its business reach. StreetLight Data provides an online platform that transforms the massive amount of geospatial data produced by mobile devices, connected cars and trucks, IoT sensors, and geospatial databases into transportation behavior information for smart city leaders, transportation experts, and urban planners. The company serves clients including transportation agencies at federal, state, regional and city levels, transportation engineering and consulting firms, and private transportation companies including ride share, automaker, and IoT firms. Led by CEO Laura Schewel, StreetLight plans to use the new funding to invest in product innovations to tackle major transportation questions such as emissions from transportation, the impact of new modes like ride share, cost-effective and resilient infrastructure investment, and socially positive deployment of autonomous vehicles. The financing will also accelerate StreetLight’s targeted geographic expansion. StreetLight closed $10M in a Series C financing backed by Osage University Partners, Engie New Ventures, DTCP and other undisclosed investors. The company is based in San Francisco, CA. StreetLight Data offers StreetLight InSight®, a SaaS platform that leverages geospatial data produced by mobile devices to provide decision makers in the transportation sector with mobility-pattern and behavior insights. Its analytics are used to inform smart cities, transportation engineering, real estate, and economic development decisions. The platform is already in use by over 100 clients in North America. The company says it will use the new funds to accelerate sales and expand development of its platform. StreetLight was founded in 2011 by CEO Laura Schewel and is based in San Francisco, CA. The article does not disclose revenue or other financial metrics beyond client count. Founded in 2011 by CEO Laura Schewel, StreetLight Data delivers next-generation geospatial business intelligence to support decisions in marketing, site selection, urban planning, and economic development. The company recombines data from traffic and transportation management systems, such as traffic jam alerts and navigation, to help retailers better understand the context in which their stores operate. That intelligence is used to improve site selection and other retail applications. StreetLight is developing a new product, StreetLight InSight, and plans to expand its team to support that launch. Financially, the company completed a seven-figure Euro Series A financing to fund product development and hiring. The firm's focus remains on applying mobility and traffic data to drive ROI for retail and urban planning customers.

Total raised

$25M

Funding rounds

4

Latest round

Series D

Latest activity

Aug 2020