Cyvl.ai Raises $6M to Drive AI-Powered Transportation Infrastructure Innovation
Cyvl.ai, is innovating in transportation infrastructure management with its advanced AI-powered mapping technology.
![Cyvl.ai Raises $6M to Drive AI-Powered Transportation Infrastructure Innovation](/content/images/size/w1200/2024/03/Cyvl.jpg)
Company Name: Cyvl.ai
Location: Somerville, MA
Sector: Enterprise AI Solutions for Transportation Infrastructure
Funding Details: Raised $6M in funding, led by Companyon Ventures. Additional participation from Argon Ventures, AeroX Ventures, Alumni Ventures, and others.
Purpose of Investment: Expansion, partnership development with engineering firms and government clients, and the development of new technologies for broader industry challenges.
Leadership: Founded by CEO Daniel Pelaez.
Product: An AI-powered mapping technology platform for infrastructure management, utilizing vehicle-mounted 3D mapping sensors and AI algorithms. It aims to revolutionize how engineers inspect and manage infrastructure, enhancing efficiency, cost-effectiveness, and safety.
About Company: Cyvl.ai, is innovating in transportation infrastructure management with its advanced AI-powered mapping technology. By equipping vehicles with 3D mapping sensors and leveraging AI, Cyvl.ai sets new standards for efficiency, safety, and cost savings in infrastructure inspection and management. This funding round underscores the market's recognition of Cyvl.ai's potential to address pressing industry challenges.