Eugene, United States
Connected Signals is a transportation startup headquartered in the United States, founded in 2010. The company's slogan "Making Infrastructure Smarter" perfectly encapsulates its core mission. Utilizing existing infrastructure, Connected Signals collects real-time traffic signal data to predict traffic signal changes, enhancing safety, improving fuel economy, reducing emissions, and minimizing driver stress.
With a growing network of nearly 10,000 signals across over 100 US municipalities, Australia, and New Zealand, Connected Signals stands out as the leading source of traffic signal data. Major automotive players such as BMW, Audi, and Toyota recognize the potential of this data, estimating a 7-10% improvement in fuel efficiency and emissions. Additionally, the company's EnLighten® smartphone app offers predictive insights to drivers, with ongoing development of new applications.
The startup's business model involves rapidly expanding signal coverage nationally and internationally, and marketing the resulting predictive data stream to automakers, traffic and map data providers, insurance companies, and other stakeholders. Notable Convertible Note investment was secured from SandHill Angels in 27 December 2020.
Overall, Connected Signals' innovative approach to leveraging existing infrastructure and real-time data for improved transit efficiency makes it a promising investment opportunity within the transportation industry. The company's established partnerships with major automakers and continuous development of new applications position it at the forefront of the evolving smart transportation landscape.
