Numetric, Inc.

Numetric, Inc. is a technology company specializing in traffic safety analytics, providing solutions that empower organizations to improve road safety through data-driven insights and advanced analytics capabilities. Founded in 2015 in Draper, US by Davide Go and John Guymon, Numetric focuses on traffic safety analytics. The company has secured a total funding of USD 13.

00 mn, with the latest round being a venture funding co-led by Insight Venture Partners and EPIC Ventures on October 4, 2017. The firm has conducted 2 deals to date. Numetric specializes in traffic safety analytics solutions, offering a comprehensive suite of products designed to empower organizations to leverage data for improved safety outcomes. The core product is the Traffic Safety Analytics Platform, which integrates various data types for seamless analysis and visualization, facilitating rapid searches and actionable insights.

Additionally, the company provides a range of purpose-built applications, such as Collision Diagrams, Predictive Analysis, and Trend Analytics, tailored specifically for traffic safety professionals. These products are utilized by a diverse client base, including government agencies, municipalities, and transportation departments across North America, particularly in the United States and Canada. Numetric's solutions address critical safety challenges, such as identifying crash hotspots and aligning crash data with national standards, ultimately aiming to enhance safety investments and minimize road hazards. Numetric generates revenue primarily through a subscription-based model for its Traffic Safety Analytics Platform and associated applications.

Clients typically engage in annual contracts that grant them access to the platform’s features and ongoing support, enabling them to integrate traffic safety data and analytics into their operations. Partnerships with governmental agencies and transportation departments often form the basis of these agreements, as clients rely on Numetric’s expertise to drive data-informed decision-making. While specific pricing details for the subscriptions or services are not disclosed, the structure generally reflects the value placed on data-driven safety analysis and the tailored nature of the solutions provided. The company’s commitment to customer success underscores the importance of ongoing support and continuous improvement of their analytics capabilities, ensuring that clients maximize their return on investment in traffic safety initiatives.

Numetric plans to leverage the recent funding of USD 13. 00 mn to further develop its Traffic Safety Analytics Platform, with new features aimed at enhancing user experience expected to be released in 2023. The company is targeting expansion into additional geographic markets, specifically aiming to establish a foothold in European regions by 2024. This strategic move will allow Numetric to address a broader audience in need of robust traffic safety solutions, thereby increasing its market presence.