The Internet of Things is helping cities improve everything from traffic data, weather, and parking, to water usage and waste management.

The cost of sensors has more than halved in the 10 years to 2014, falling to an average of 60 cents per unit. Declining sensor cost is one of the main drivers of Internet of Things technology, and the proliferation of internet-connected devices in the built environment. Those sensors are allowing us to gather new data that was previously inaccessible, and one impact is the growth of companies with the potential to make our cities smarter and more efficient as a whole.

We used CB Insights data to segment the growing crop of companies that are working to build smart cities.

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Webinar: Trends in GovTech & Smart Cities
The future of making cities and their governments run more efficiently has spurred a number of startups across transit, water management, constituent services and more. 


We define startups operating in the smart cities segment as those that are helping to connect services, utilities, and roads to the internet. These startups are providing data-driven services that help cities increase their efficiency in using resources and/or help increase public transit-related mobility for city consumers.

These are some of the areas that these startups are operating in:

  • Parking - Startups are improving the efficiency with which we park our cars, doing everything from booking (ParkWhiz), parking analytics (Parkifi), and smart metering (MeterFeeder).
  • Grid/Energy – These companies are using analytics, algorithms, and connectivity to keep supply and demand for electricity in balance.
  • Data-Driven Urban Planning – These companies are providing access to new, hyperlocal data about our cities and helping planners understand neighborhood needs better.
  • Smarter Transport – Startups that are working on new commuter shuttle transit options powered by data (Bridj, Shuttl), or smart bike-sharing programs (Zagster, Mobike, Ofo).
  • Environmental Sensors - Companies that are developing hardware to better understand our urban environment, from weather data, to pollution, to ambient sound.
  • Connectivity – Startups that are using different means to provide internet, connections, and infrastructure for new networks.
  • Waste Management – Using data and connected devices to optimize waste collection.
  • Traffic/Transit Data – Private companies that are using mobile and sensors to provide analytics around commutes and congestion.
  • Water Software & Analytics - Tools that help analyze and test water in our cities.
  • Disaster Management – Startups helping local governments make quicker and more informed, data-driven decisions prior to and during natural disasters.

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Smart Cities Startups

88 items

Companies That Are Building Smart Cities
Company Select Investors Category
ParkWhiz Jump Capital, Amicus Capital, Hyde Park Venture Partners Parking
Parkifi Crosslink Capital, Foundry Group, Drummond Road Capital Parking
SpotHero 500 Startups, Battery Ventures, Lightbank Parking
ETCP Wanda Group Parking
Spot Undisclosed Investors Parking
Evopark Porsche Automobil Holding Parking
Get My Parking Chennai Angels Parking
EZParking ZJAMP Holding Group Parking
AppyParking Aviva Ventures Parking
CivicSmart N/A Parking
Passport MK Capital, Relevance Capital, Grotech Ventures Parking
MeterFeeder Y Combinator Parking
Telensa Silicon Valley Bank, Environmental Technologies Fund Grid/Energy
Gridcure 500 Accelerator Grid/Energy
Utilidata Formation 8, Braemar Energy Ventures, American Electric Power Grid/Energy
Space-Time Insight EnerTech Capital, Novus Energy Partners, Opus Capital Grid/Energy
AutoGrid Systems E.ON, Foundation Capital, Voyager Capital Grid/Energy
Varentec 3M New Ventures, Khosla Ventures, Bill Gates Grid/Energy
Dispatchr Floodgate, Backed VC Grid/Energy
Energyworx HenQ, SET Venture Partners Grid/Energy
Trilliant Selby Venture Partners, Zouk Capital, VantagePoint Capital Partners Grid/Energy
Opus One Solutions Engle New Ventures, Energy Impact Partners Grid/Energy
Mapillary Atomico, Sequoia Capital, LDV Capital, Playfair Capital Urban Planning
Civic Insight N/A Urban Planning
Calthorpe Analytics Undisclosed investors Urban Planning
Neighborland SV Angel, True Ventures, Lerer Hippeau Ventures Urban Planning
Azavea Dogpatch Labs Urban Planning
Social Bicycles SOSventures. New York Angels, SoundBoard Angel Fund Smarter Transport
Zagster Fontinalis Partners, LaunchCapital, Investors Circle Smarter Transport
Mobike Panda Capital, Sequoia Capital China, Tencent, Warbung Pincus, Hillhouse Capital Smarter Transport
Ofo Coatue Management, CITIC Capital, Matrix Partners China, GSR Ventures, Xiaomi Smarter Transport
Shuttl Sequoia Capital India, Lightspeed Venture Partners, Times Internet Smarter Transport
ZipGo Orios Venture Partners Smarter Transport
Urbee Amsterdam Klimaat & Energiefonds Smarter Transport
Ubike Yicun Capital, Black Hole Capital, Zhonglu Capital Smarter Transport
Cityflo IDG Ventures India Smarter Transport
Bridj NextView Ventures, Atlas Ventures, Suffolk Equity Partners Smarter Transport
Plume Labs Undisclosed investors Environmental Sensors
Breezometer Launchpad Digital Health, JumpSpeed Ventures Environmental Sensors
Ambience Data 500 Accelerator Environmental Sensors
Clarity Movement Undisclosed investors Environmental Sensors
eLichens Aereco, BPI France, Angels’ Bay Invest, Paris Business Angels, Grenoble Angels, Sofimac Partners, Business Angels des Grandes Ecoles Environmental Sensors
Understory RRE Ventures, True Ventures, SK Ventures Environmental Sensors
Blyncsy Pelion Venture Partners, Peterson Ventures, Subtraction Capital Environmental Sensors
Aclima N/A Environmental Sensors
Veniam Union Square Ventures, True Ventures, Verizon Ventures Connectivity
Purple WiFi Juno Capital, Bill Currie, Bob Willett, Terry Leahy Connectivity
SigFox Elaia Partners, iXO Private Equity, Intel Capital, Partech Ventures, BPI France Connectivity
Qianhai Mobile  Baidu, Dongguan Zhongke Zhongguang Venture, Guangdong Zhongke Baiyun New Industry Venture Connectivity
Filament Resonant Venture Partners, Samsung Ventures, Bullpen Capital Connectivity
Remix Y Combinator Traffic/Transit
Streetlight Data Osage University Partners, Vision Ridge Partners, Deutsche Telekom Strategic Investments Traffic/Transit
Transloc Fontinalis Partners, SJF Ventures, Patient Capital Collaborative, Marc Benioff, Thomas McMurray Traffic/Transit
Transit Labs N/A Traffic/Transit
Trafi BaltCap, Practica Capital, Octopus Ventures, EBRD Traffic/Transit
Transloc Fontinalis Partners, SJF Ventures, Patient Capital Collaborative, Marc Benioff, Thomas McMurray Traffic/Transit
Swiftly Plug and Play Accelerator Traffic/Transit
Ally ERP-Startfonds Traffic/Transit
WhereIsMyTransport Horizen Ventures, Goodwell Investments, Omidyar Network, Infotech Ventures Traffic/Transit
Ridlr Matrix Partners India, Qualcomm Ventures, InnoVen Capital, Times Internet Traffic/Transit
Inrix August Capital, Bain Capital Ventures, Intel Capital Traffic/Transit
TransitScreen 1776 Traffic/Transit
Citymapper Balderton Capital, Index Ventures, Greylock Partners, Benchmark Traffic/Transit
Miovision Plaza Venture Partners, Renewal Funds, Investeco Capital Traffic/Transit
Metrotech Undisclosed Investors Traffic/Transit
Transit App Real Ventures, Accel, Accomplice, BDC Capital, FounderFuel Traffic/Transit
DoubleMap N/A Traffic/Transit
Moovit BMW iVentures, Sequoia Capital Israel, Nokia Growth Partners Traffic/Transit
Ayyeka ImagineH20 Water Usage/Quality
Flow Labs Orange Fab Water Usage/Quality
FATHOM Silver Lake, XPV Capital Water Usage/Quality
Pluto AI Imagine H2O, 500 Accelerator Water Usage/Quality
Emagin Imagine H2O Water Usage/Quality
Banyan Water Cue Ball Capital, Catamount Ventures, Centennial Ventures, Owl Ventures Water Usage/Quality
Rachio Slow Ventures, Foundry Group, SK Ventures Water Usage/Quality
Valor Water Analytics Y Combinator, ImagineH20, 500 Startups, Apsara Capital, Urban Innovation Fund, Syzygy West Water Usage/Quality
WaterSmart Software Draper Fisher Jurvetson, Physic Ventures, Westly Group Water Usage/Quality
One Concern Pear Disaster Management
Zenysis Y Combinator Disaster Management
Rubicon Global Wellington Management, Goldman Sachs, Nima Capital, Suez Ventures, Henry Kravis, Paul Tudor Jones II, Blake Mycoskie Waste Management
Compology Sinovation Ventures, Fresco Capital, Kapor Capital, LaunchCapital, Silicon Badia Waste Management
Enevo Lifeline Ventures, Finnish Industry Investment, Draper Associates, Earlybird Venture Capital, Foxconn Technology Company, Ginko Ventures Waste Management
ZeroCycle N/A Waste Management
AMCS Group Insight Venture Partners, Ireland Strategic Investment Fund, Highland Europe Waste Management


Want more information on smart city companies? Check our our venture capital database below.

  • Rajesh K Kishanpuriya

    This is alarming, with so much of convenience being added to lives, I foresee lot more people getting very lazy to do things on their own. They depend on IOT, internet data for everything. The most apparent result is more sickness, newer diseases and higher medical bills in future.

  • Taliesyn

    “The most apparent result is more sickness, newer diseases and higher medical bills in future.”
    Whoa, wait a minute. Where does *A* logically lead to your *B* here. It’s only about sensors reading into what triggers them into action and the results in *Efficiency*from that. Fr’instance wiser use of electri*city* City-wide for starters. Last one out dim those damn lights that your *not* using and get rid of all of the colossal waste. How can that lead to more sickness and newer diseases. That’s such a non -sequitur conclusion as to be not for real.

  • Guto Roft

    Very good … tech companies =)