Rapid Flow Technologies

Rapid Flow Technologies

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Organization

Contact Information

Overview

Rapid Flow Technologies spun out of Carnegie Mellon University with the goal of introducing new Intelligent Transportation Systems (ITS) technologies into the marketplace. Rapid Flow was created to commercialize the Surtrac adaptive traffic signal control technology developed in the Robotics Institute at Carnegie Mellon as part of the Traffic21 research initiative. The company’s founders include the original inventors of Surtrac, who have successfully expanded the initial pilot deployment of Surtrac in Pittsburgh to a network of 50 intersections over the past three years. Rapid Flow holds an exclusive license to the patented Surtrac technology from Carnegie Mellon University, and the University has a stake in the company. In addition to Surtrac, Rapid Flow is also engaged in the development of ubiquitous Bluetooth AVI sensor network technology for ITS performance modeling and other applications through a Small Business Innovation Research (SBIR) grant from the U.S. Department of Transportation.

About

Industries

Software, Transportation, Internet of Things

Founded

2015

Employees

1-10

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Rapid Flow Technologies headquartered in United States, North America, operates in the Software, Transportation, Internet of Things sector. The company focuses on Software and has secured $1.8M in funding across 36 round(s). With a team of 1-10 employees, Rapid Flow Technologies is actively contributing to advancements in Software. Their latest funding round, Convertible Note - Rapid Flow Technologies, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Griffin Schultz

Griffin Schultz

CEO and Board Member

Funding Rounds

Funding rounds

3

Investors

1

Lead Investors

0

Total Funding Amount

$50.0K

Details

2

Rapid Flow Technologies has raised a total of $50.0K in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2019Seed
2020Seed50.0K

Investors

Rapid Flow Technologies is funded by 8 investors.

Investor NameLead InvestorFunding RoundPartners
Serguei Netessine-FUNDING ROUND - Serguei Netessine50.0K
Rapid Flow Technologies-FUNDING ROUND - Rapid Flow Technologies50.0K
Rapid Flow Technologies-FUNDING ROUND - Rapid Flow Technologiesundefined
Innovation Works-FUNDING ROUND - Innovation Worksundefined

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