# Automotus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/automotus

- Industry: Software
- Headquarters: Camarillo, US
- Website: www.automotus.ai
- Total disclosed funding: $9M
- Latest round: Seed (Dec 22, 2022)
- Investors on record: 10

## About

Automotus Inc. is a US-based company focused on enhancing urban mobility through automated curb management solutions that streamline payment processing and improve loading zone efficiency. Founded in 2017 in Camarillo, US, Automotus Inc. specializes in automated curb management solutions. In August 2024, Automotus Inc. raised USD 2.6 million in venture funding from Santa Barbara Venture Partners, Weatherford Capital, BarronKent Family Office, Kineo Capital and Techstars. The round was part of a larger USD 4.4 million equity and debt funding. Automotus specializes in automated curb management solutions designed to enhance urban mobility and improve the efficiency of loading zones. Their core offerings include CurbPass and CurbSuite, which utilize advanced computer vision technology to streamline payment processing, invoicing, enforcement, and data collection for various types of vehicles, such as delivery, transportation network companies (TNCs), buses, and passenger vehicles. These solutions aim to address critical challenges such as safety hazards, congestion, compliance, and emissions in cities and airports. Automotus primarily serves municipalities, airports, fleets, and commercial drivers, focusing on markets within urban environments across North America. By integrating their technology with existing infrastructure, such as streetlight poles, Automotus promotes a seamless experience at the curb while ensuring data privacy and security. Automotus generates revenue through a combination of subscription-based services and partnerships with municipal and commercial clients. The company’s flagship products, CurbPass and CurbSuite, operate on a transactional model where clients pay for the automation of their curb management processes, which may include fees for data analytics and compliance enforcement. The transaction structure typically involves municipalities and airport authorities engaging Automotus for their comprehensive solutions, which help optimize curb usage and enhance safety. Each partnership includes tailored pricing models based on the specific needs of the client, encompassing aspects such as implementation costs and ongoing service fees. Automotus’s emphasis on reducing double-parking hazards and emissions positions it as a valuable partner in urban planning and transportation efficiency initiatives. The company plans to use the August 2024 funding to support its product offerings and expansion plans initiatives.

## Funding rounds

- Seed, Dec 22, 2022, $7.8M — Bridge Investments, Quake Capital Partners, H/L Ventures, Keiki Capital, Los Angeles Cleantech Incubator, SUM Ventures Ltd, Irish Angles, Unbridled, New York Angels
- Seed, Feb 8, 2021, $1.2M — Techstars, Quake Capital Partners

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Quake Capital Partners (https://capitalatlas.ai/funds/quake-capital-partners) — Seed
- Bridge Investments (https://capitalatlas.ai/funds/bridge-investments) — Seed
- H/L Ventures (https://capitalatlas.ai/funds/h-l-ventures) — Seed
- Keiki Capital (https://capitalatlas.ai/funds/keiki-capital) — Seed
- Los Angeles Cleantech Incubator (https://capitalatlas.ai/funds/los-angeles-cleantech-incubator) — Seed
- SUM Ventures Ltd — Seed
- Irish Angles — Seed
- Unbridled — Seed
- New York Angels (https://capitalatlas.ai/funds/new-york-angels) — Seed