Tech Company Financing Transactions

RoadBotics Funding Round

Radical Ventures, Hyperplane Venture Capital and Wharton Alumni Angels joined a $7.5 million Series A funding round for RoadBotics. The financing round was announced by the company on 7/18/2019.

Transaction Overview

Company Name
Announced On
7/18/2019
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to accelerate its growth and development of new products.

Company Information

Company Status
Private & Independent
Industry
GovTech
Robotics
Mailing Address
322 North Shore Dr. 200
Pittsburgh, PA 15212
USA
Email Address
Overview
RoadBotics was spun out of the Carnegie Mellon University Robotics Institute in 2016. Our chief Dr. Christoph Mertz spent several years and significant research dollars at CMU developing a smartphone-enabled road inspection tool for diagnosing road defects.
Profile
RoadBotics LinkedIn Company Profile
Social Media
RoadBotics Company Twitter Account
Company News
RoadBotics News
Facebook
RoadBotics on Facebook
YouTube
RoadBotics on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Ken Durrett
  Ken Durrett LinkedIn Profile  Ken Durrett Twitter Account  Ken Durrett News  Ken Durrett on Facebook
Chief Scientific Officer
Christoph Mertz
  Christoph Mertz LinkedIn Profile  Christoph Mertz Twitter Account  Christoph Mertz News  Christoph Mertz on Facebook
President
Benjamin Schmidt
  Benjamin Schmidt LinkedIn Profile  Benjamin Schmidt Twitter Account  Benjamin Schmidt News  Benjamin Schmidt on Facebook
VP - Bus. Development
Alex Khammari
  Alex Khammari LinkedIn Profile  Alex Khammari Twitter Account  Alex Khammari News  Alex Khammari on Facebook
VP - Marketing
Jill Bejger-Frederick
  Jill Bejger-Frederick LinkedIn Profile  Jill Bejger-Frederick Twitter Account  Jill Bejger-Frederick News  Jill Bejger-Frederick on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/18/2019: Momentus venture capital transaction
Next: 7/18/2019: AlphaSense venture capital transaction

 

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Where The Data Comes From

We do our best to document funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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