Connected Signals, Inc.

Connected Signals, Inc. specializes in advanced technology solutions for traffic management, providing real-time predictive traffic light information to enhance mobility and efficiency in urban settings. Connected Signals, Inc. was founded in 2013 and is headquartered in Eugene, US.

The company develops systems that optimize traffic flow through advanced communication between vehicles and traffic signals. They have participated in a total of 5 deals, with their most recent funding round being a Venture Debt round in September 2019, raising USD 0. 56 mn. The total amount raised by the company is USD 1.

5 mn. Connected Signals offers innovative technology solutions such as the Signal Priority System and Signal Prediction Engine that improve traffic management by enabling real-time communication between vehicles and traffic infrastructure. Their primary clients are municipal transportation departments and transit agencies across the United States, aiming to enhance emergency service travel times, transit efficiency, and reduce urban fuel consumption and CO2 emissions. The company generates revenue through B2B partnerships with government and municipal organizations responsible for transportation infrastructure.

Their revenue model includes long-term contracts for the deployment and maintenance of traffic signal systems, incorporating subscription-based services or one-time licensing fees tailored to the client's needs. Connected Signals aims to leverage its recent Venture Debt financing of USD 0. 56 mn from September 2019 to support the development of new products designed to enhance traffic management capabilities. The company is exploring expansion into additional urban markets across the United States to broaden its client base and improve service delivery.

Specific market targets will be defined as new products are developed and released.