Signal active
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
Software, Transportation, Internet of Things
2015
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.
Funding Rounds
3
1
0
$50.0K
Details
2
Rapid Flow Technologies has raised a total of $50.0K in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2019 | Seed | |||
2020 | Seed | 50.0K |
Investors
Rapid Flow Technologies is funded by 8 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Serguei Netessine | - | FUNDING ROUND - Serguei Netessine | 50.0K |
Rapid Flow Technologies | - | FUNDING ROUND - Rapid Flow Technologies | 50.0K |
Rapid Flow Technologies | - | FUNDING ROUND - Rapid Flow Technologies | undefined |
Innovation Works | - | FUNDING ROUND - Innovation Works | undefined |
Recent Activity
There is no recent news or activity for this profile.