Automotus

Overview
News
Smart Mobility Information?
Product stageSegments
Minimum Viable Product
?
Parking inventory management
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Automotus is a parking inventory management provider specializing in automated curb management solutions. Its suite of fully automated curb management solutions includes payment and billing, enforcement, and data collection and analytics. Its technology uses computer vision to automate data collection, billing, and enforcement related to curb space, making it easier for commercial vehicles to pay for their time at the curb without the need for apps or meters. Automotus also emphasizes privacy in its operations, ensuring that all data is de-identified and faces are blurred in its data collection process. The company's unique proposition lies in its integration with existing city infrastructure, such as street light poles, and its focus on privacy and efficient use of data.

The company claims to reduce congestion and emissions by 10%, reduce the risk of double parking by 64%, accelerate the adoption of electric vehicles by 4.7x, and increase parking turnover by 26%.

Key customers and partnerships 

In November 2023, the company partnered with Passport, a provider of digital mobility systems, to combine Passport's unified parking and mobility platform with Automotus' innovative computer vision technology to provide cities with comprehensive data and tools to manage curb space, reduce congestion, and support safer, more livable communities.

Funding and financials

In December 2022, the company raised USD 9 million in a seed funding round led by CityRock Venture Partners, primarily to execute and support deployments in at least 15 new cities coming online in 2023.

HQ location:
Los Angeles CA USA
Founded year:
2017
Employees:
11-50
IPO status:
Private
Total funding:
USD 21.8 mn
Last Funding:
USD 300.0 k (Series Unknown; Sep 2024)
Last valuation:
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Company profile
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