Tech Company Financing Transactions
RailVision Analytics Funding Round
RailVision Analytics, based in Montréal QC, raised $4 million in funding from Trucks Venture Capital, Active Impact Investments and Blackhorn Ventures.
Transaction Overview
Company Name
Announced On
11/30/2022
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Trucks Venture Capital (Lead Investor)
private investors (Neil Murdoch)
Proceeds Purpose
The company intends to use the funds for technical hiring, to grow its product development team, and to expand its EcoRail product line and customer base.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
400 rue Montfort
Montréal QC, H3C 4A8
CA
Montréal QC, H3C 4A8
CA
Phone
Website
Email Address
Overview
The rapid development of today's technology in the rail industry allows us to access digital data for nearly every operation performed by rail locomotives and its personnel. The problem with the massive amounts of data generated daily by rail equipment is that very little of that data is interpreted into valuable information. RailVision Analytics strives to be a leader in advanced data analysis within the rail industry to maximize train efficiency and performance, and minimize GHG emissions. We believe that rail is the future of sustainable transportation. Our mission is to drive the rail industry into a new era with clean technology and business practices that maximize rail's value to society.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dev Jain
Chief Scientific Officer
Nicolas Bent
Chief Technical Officer
Mark Smith
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