These companies are developing technology to help alleviate traffic and congestion, including everything from smart parking solutions to route optimization platforms.
Traffic plagues cities around the world, and it’s expected to worsen as urbanization and population growth contribute to more congestion.
A number of startups are emerging to tackle the issue, developing tools to help cities monitor and optimize the flow of vehicles in urban areas.
These companies are approaching traffic management from a number of different angles. Some are looking to alleviate congestion with smarter routing software that navigates vehicles away from traffic slowdowns or potential safety hazards.
Others are developing IoT sensor systems baked into existing infrastructure and vehicles to track vehicle movements in real time. The systems also optimize traffic light systems to control traffic flow more efficiently.
We used CB Insights data to uncover 40+ startups developing solutions and services to facilitate traffic management.