Valerann

Company Overview

Snapshot

Founded in September 2013 by Gabriel Jacobson, Michael Vardi, Daniel Yakovich, and Shahar Bahiri, Valerann operates with 11–50 employees. The company has raised $24 million across 4 funding rounds from 7 investors. In February 2022, Valerann secured Series A funding, led by HG Ventures.

Business overview

Valerann is an AI-driven company specializing in Intelligent Transportation Systems (ITS). Its core product, Lanternn by Valerann, is a data fusion platform that enhances road safety and traffic management. The platform integrates data from various sources, including legacy ITS, video, connected vehicles, social media, navigation apps, and weather information, to provide road operators with real-time, actionable insights. Leveraging artificial intelligence and machine learning, Lanternn's Real-Time Fusion Engine processes vast amounts of data to detect risks, prevent accidents, and respond to incidents more efficiently, aiming for smoother traffic flow and reduced congestion. Valerann operates within the Automotive & Mobility Technologies sector, focusing on smart cities, smart mobility, and connected vehicles.

Strategic signal

In October 2024, Valerann received the prestigious Prince Michael Award for its AI prediction tool. This recognition highlights the company's innovation in leveraging artificial intelligence to enhance road safety and traffic management, signaling strong validation of its technology and potential for broader industry adoption.

Company Intelligence Q&A

What is Valerann's primary focus?

Valerann specializes in Intelligent Transportation Systems (ITS), utilizing AI to enhance road safety and traffic management through its data fusion platform, Lanternn by Valerann.

What significant award did Valerann receive recently?

In October 2024, Valerann won the prestigious Prince Michael Award for its AI prediction tool, recognizing its contributions to road safety.

Which investors participated in Valerann's December 2018 funding round?

In December 2018, Valerann received funding from investors including RIO Ventures Holdings and 2B.VC.

What was a notable achievement for Valerann in late 2019?

In November 2019, Valerann won the CES 2020 Smart Cities Innovation Award, and in December 2019, it won the Best of Innovation in the 2020 CES Innovation Awards for its smart roads traffic management technology.