Tactile Mobility
61 Derech Ha'atzmaut, Haifa, North District, 3303323, Israel
Overview
Tactile Mobility builds virtual sensors via an in-vehicle Tactile Processor (TP) installed in the chassis ECU and uploads sensor outputs to its Tactile Cloud to create tactility maps of vehicle and road "DNA." Its product suite includes tire grip estimation, tread-depth and tire-stiffness sensing, weight estimation, aquaplaning, vehicle-health and micro-collision sensors, produced using signal processing and machine learning. The company monetizes data through a revenue-share model with OEMs and by selling analytics and maps to OEMs, tire companies, insurers, transport authorities, municipalities and Tier 1s. Tactile has completed more than 30 proofs of concept and pilots with seven OEMs and reached production-level deployment with BMW; the TP is present in 2.5 million BMW vehicles annually. The startup has grown from about 25 employees to 40 and plans to hire up to 20 R&D staff this year. Recent funding will support development of additional virtual sensors, expanded product offerings and further buildout of its cloud platform. Tactile Mobility provides a software platform that collects first-order data from vehicles’ built-in, non-visual sensors (wheel speed, wheel angle, RPM, paddles position, gear position) and analyzes it to deliver real-time, actionable insights. Its sensing and data offerings describe and analyze the evolving state of vehicles, roads, and vehicle-road dynamics for customers across sectors. The company’s insights are used for road planning and management, tire condition tracking, insurance applications and more. Tactile has executed partnerships with 10 road authorities and municipalities globally (including the UK, Germany, Israel, Singapore and Detroit) and with six vehicle manufacturers, including BMW and Porsche. The company plans to use the new funding to support demand for its technology and data, expand go-to-market operations, and strengthen traction among vehicle manufacturers, insurers and tire manufacturers across the US, Europe and Asia. Co-founded in 2012 by Boaz Mizrachi, Yossi Shiri and Alex Ackerman, Tactile is based in Haifa, Israel. The company has raised over $20M in total funding following this investment. Tactile Mobility, founded in 2012 and based in Haifa, Israel, builds a tactile-sensing platform that derives non-visual road-condition insights from vehicle signals such as wheel speed, wheel angle, RPM, paddle and gear position. Its software feeds real-time tactile insights back into vehicles’ onboard systems and uploads anonymized data to the cloud to produce a crowdsourced, constantly updated map of road conditions. The company has launched a mapping service in Haifa with plans to roll out to several other cities and has already collected roughly 10 million kilometers of road data across four continents. Tactile has signed paid proof-of-concepts with five major OEMs, including Ford, and holds RFPs with major European automakers. The company recently appointed Amit Nisenbaum as CEO and reports total funding raised of $9 million.
- Total raised
- $36M
- Funding rounds
- 3
- Latest round
- Series C
- Latest activity
- Oct 2021
Industries
- Automotive
- Autonomous Vehicles
- Transportation
Recent funding
Series C
Oct 2021
$27M
Equity
Sep 2018
$9M