Streetsmart

Mobile App for Car Service Drivers

Automotive & Mobility Technologies
Acquired (Inactive) by Gett on Aug 2017 - closed due to acquisition

Company Overview

Snapshot

Founded in May 2015 by Asaf Roz, Streetsmart operated with 1-10 employees. The company raised $2,000,000 across one funding round before being acquired by Gett in August 2017.

Business overview

Streetsmart developed a mobile application for car service drivers, leveraging big-data analytics and machine-learning algorithms. The system was designed to optimize driver routes, enhance efficiency, and minimize passenger wait times by analyzing supply and demand. Streetsmart primarily served the transportation and logistics sector, specifically targeting drivers and consumers within the urban mobility and smart city markets.

Strategic signal

In August 2017, Streetsmart was acquired by Gett, a global ride-hailing company. This acquisition signaled a strategic move by Gett to integrate Streetsmart's big-data analytics and machine-learning capabilities, enhancing its own e-hailing system and driver optimization strategies. For investors, this demonstrated the value of Streetsmart's technology in a competitive urban mobility landscape and its potential for integration into larger platforms.

Company Intelligence Q&A

What was Streetsmart's primary business?
Streetsmart developed a mobile app for car service drivers that utilized big-data analytics and machine-learning algorithms to optimize routes and increase efficiency.
When was Streetsmart founded?
Streetsmart was founded in May 2015.
What was the key outcome for Streetsmart in August 2017?
In August 2017, Streetsmart was acquired by Gett, leading to its inactive status.
What was Streetsmart's total disclosed funding?
Streetsmart raised a total of $2,000,000 across one funding round.
Which market did Streetsmart primarily operate in?
Streetsmart primarily operated in the United States market.