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Derq

derq.com

Founded Year

2016

Stage

Seed VC - II | Alive

Total Raised

$2.14M

Last Raised

$500K | 2 yrs ago

About Derq

Derq provides software to eliminate road accidents and prevent deaths by using AI and V2X technology. Derq can predict and prevent car accidents. Its technology covers driver behavior modelling, advanced driver assistance, V2I/V2V communication, deep learning methods, perception and sensor fusion, and embedded systems design.

Headquarters Location

Dubai,

United Arab Emirates

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ESPs containing Derq

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Transportation & Logistics / Automotive Tech

Startups in this market are developing sensors that enable vehicle-to-everything (V2X) communication, which will allow vehicles to directly communicate with each other and with points of infrastructure. The technology is still in its very early stages, and will likely require the build-out of 5G telecommunications technology before it can scale.

Derq named as Challenger among 5 other companies, including Kymeta, GaN Systems, and Autotalks.

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Expert Collections containing Derq

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Derq is included in 3 Expert Collections, including Auto Tech.

A

Auto Tech

2,473 items

Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.

S

Smart Cities

2,085 items

A

Artificial Intelligence

10,425 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Derq Patents

Derq has filed 11 patents.

The 3 most popular patent topics include:

  • Avionics
  • Classification algorithms
  • Machine learning
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/14/2020

9/13/2022

Global Positioning System, Avionics, Satellite navigation systems, Road safety, Diagrams

Grant

Application Date

8/14/2020

Grant Date

9/13/2022

Title

Related Topics

Global Positioning System, Avionics, Satellite navigation systems, Road safety, Diagrams

Status

Grant

Latest Derq News

Derq introduces first automated safety performance monitoring at TRB Annual Meeting 2023

Jan 10, 2023

Derq introduces first automated safety performance monitoring at TRB Annual Meeting 2023 Derq, an MIT spin-off and provider of real-time artificial intelligence (AI) analytics solutions for intelligent roads and connected vehicles, released at the Transportation Research Board’s (TRB) 102nd Annual Meeting an industry-first Automated Safety Performance Monitoring solution to help agencies with safety scoring and prioritization across various road networks in the US. The new dashboard features create an automated safety performance scoring framework and tools, which draw from the safety and traffic insights the platform collects and generates on a real-time and continuous basis for Derq’s customers. With the US Department of Transportation recognizing the importance for data-driven approaches to understanding and resolving road safety issues through significant investments in programs such as SS4A and SMART, Derq’s new safety scoring framework fills this key need by providing a unique solution to continuously measure safety performance metrics for vehicles, pedestrians, and cyclists. Our number one priority remains to help agencies reduce the rapidly increasing number of roadway deaths to ultimately achieve their vision zero target. —Karl Jeanbart, COO and Co-founder of Derq Derq’s dashboard showing the new Automated Safety Performance Monitoring features on a local road network. Derq’s safety performance metrics are based on real-time identification and granular classification of safety events and road user behaviors such as crashes, near-misses, violations, and pedestrian and cyclist compliance issues. These metrics, embedded into Derq’s dashboard-based INSIGHT suite, ultimately generate safety scores across road corridors or networks, enabling agencies to proactively prioritize issue identification and countermeasure development as well as measure their effectiveness with short turnarounds.

Derq Frequently Asked Questions (FAQ)

  • When was Derq founded?

    Derq was founded in 2016.

  • Where is Derq's headquarters?

    Derq's headquarters is located at Dubai.

  • What is Derq's latest funding round?

    Derq's latest funding round is Seed VC - II.

  • How much did Derq raise?

    Derq raised a total of $2.14M.

  • Who are the investors of Derq?

    Investors of Derq include Wadi Makkah Venture, Factory1, Accelerate Michigan Innovation Competition, Techstars Ventures, Techstars and 3 more.

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