# Hayden AI Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hayden-ai-technologies

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.hayden.ai
- Total disclosed funding: $176M
- Latest round: Series C (Jul 3, 2024)
- Investors on record: 12

## About

Hayden AI Technologies, Inc. is a US-based firm specializing in mobile perception technology that utilizes deep learning and artificial intelligence to enhance urban problem-solving, particularly in automated traffic enforcement.Founded in 2019, Hayden AI Technologies, Inc. focuses on automating traffic enforcement processes for bus lanes and stops. The company has completed 8 deals to date, including a Series C funding round on July 3, 2024, which raised USD 94.90 mn led by The Rise Funds, with participation from Autotech Ventures and Drawdown Fund. The current CEO is Chris Carson, one of the co-founders alongside Bo Shen, Chris Ciavarelli, Michael Byrne, and Vaibhav Ghadiok. The company is headquartered in San Francisco, US.Hayden AI offers a mobile perception platform that leverages deep learning and artificial intelligence to enhance urban problem-solving, particularly in automated traffic enforcement. The core product focuses on the automatic enforcement of bus lanes and bus stops, aimed at improving safety and operational performance for transit systems. This technology supports municipalities and transit authorities by providing a robust system for detecting and addressing traffic violations and ensuring compliance with traffic regulations. The platform utilizes advanced hardware designed for data collection and analysis, featuring edge processing capabilities that prioritize data privacy. Hayden AI serves a diverse client base, including various cities across the United States, making it the largest provider of mobile automated bus lane and bus stop enforcement systems in the country.Hayden AI generates revenue through the deployment of its AI-powered enforcement solutions to municipal and transit authorities, employing a business-to-business (B2B) transaction model. The company establishes relationships with clients, who typically engage in partnerships that may involve subscription-based service agreements for the continued use of the platform and its associated technologies. These agreements encompass the installation of hardware, ongoing software updates, and data analytics services, allowing clients to optimize enforcement processes effectively. Specific pricing structures for these offerings are not publicly disclosed but are integral to the overall transaction framework between Hayden AI and its clients. The company’s advanced technology solutions are positioned to deliver value to urban environments, enhancing safety and operational efficiency for public transit systems.In July 2024, Hayden AI Technologies, Inc. raised USD 94.90 mn in Series C funding, led by The Rise Funds, with participation from Drawdown Fund and Autotech Ventures. The funding will be used to accelerate the development and growth of the company's products. Plans for future growth include launching new products focused on enhancing urban transit solutions and expanding into new geographic markets, although specific regions have not been detailed. This strategic direction aims to bolster the company's position in automated traffic enforcement.

## Funding rounds

- Series C, Jul 3, 2024, $95M — Autotech Ventures, Drawdown Fund, The Rise Funds
- Series B, Oct 16, 2023, $53M — Oshkosh Corporation, Bridgestone, Drawdown Fund
- Series A, Aug 19, 2021, $18M — BootstrapLabs, Autotech Ventures, MVP Ventures, TYH Ventures
- Seed, Mar 1, 2021, $4.5M — BootstrapLabs, Autotech Ventures, Alumni Ventures Group, e.Republic Ventures, OpenDoor Venture Capital, MVP Ventures
- Seed, Apr 28, 2020, $5M — BootstrapLabs, Autotech Ventures, Foothill Ventures

## Investors

- BootstrapLabs (https://capitalatlas.ai/funds/bootstraplabs) — Seed, Series A
- Autotech Ventures (https://capitalatlas.ai/funds/autotech-ventures) — Seed, Series A, Series C
- Foothill Ventures (https://capitalatlas.ai/funds/foothill-ventures) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- e.Republic Ventures — Seed
- OpenDoor Venture Capital (https://capitalatlas.ai/funds/opendoor-venture-capital) — Seed
- MVP Ventures (https://capitalatlas.ai/funds/mvp-ventures) — Seed, Series A
- TYH Ventures (https://capitalatlas.ai/funds/tyh-ventures) — Series A
- Oshkosh Corporation — Series B
- Bridgestone — Series B
- Drawdown Fund (https://capitalatlas.ai/funds/drawdown-fund) — Series B, Series C
- The Rise Funds — Series C