# Inrix

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

- Industry: Software
- Headquarters: Kirkland, US
- Website: www.inrix.com
- Total disclosed funding: $104M
- Latest round: Series E (Oct 3, 2014)
- Investors on record: 7

## About

Inrix, Inc. is a US-based software platform that specializes in intelligent mobility solutions, focusing on traffic flow optimization, safety improvements, and urban planning support for various clients.Inrix, Inc. offers advanced traffic data solutions that empower decision-making for urban planners and transportation agencies. Founded in 2004 in Kirkland, US, by Aisel Akhmedova and Bryan Mistele, the company has made significant strides in enhancing transportation efficiency. In August 2023, Inrix raised USD 70 mn from Morgan Stanley Investment Management, marking its latest funding round. The company has completed a total of 12 deals, with key operations in North America, Europe, and Asia, and remains under the leadership of CEO Bryan Mistele.INRIX provides a comprehensive suite of intelligent mobility solutions designed to enhance traffic flow, improve safety, and facilitate urban planning. Their core offerings include INRIX IQ, which aggregates vast amounts of traffic data to inform decision-making, and INRIX Signal Analytics, allowing cities to optimize traffic signals without the need for additional sensor installations. The company's products cater to a diverse clientele, including city planners, transportation agencies, and businesses aiming to reduce congestion and enhance transportation efficiency. Notable solutions such as Cross Border Insights and Traffic AI offer real-time visibility into freight activity and emerging economic trends. INRIX services are utilized across various geographical markets, including North America, Europe, and Asia, with applications tailored for both urban and suburban environments.INRIX generates revenue through a model that primarily focuses on subscription-based services, partnerships, and business-to-business (B2B) transactions. Clients pay for access to INRIX's data-driven tools and analytics, which include flagship products like INRIX IQ and Signal Analytics. These services typically involve tiered pricing plans based on the volume of data and the specific needs of the client, allowing flexibility for various types of organizations. Partnerships with municipalities and private sector companies further enhance revenue streams, as clients leverage INRIX's insights to improve transportation infrastructure and operational efficiencies. The structured transaction model fosters ongoing relationships, ensuring that clients continuously benefit from INRIX’s innovations in mobility solutions.In August 2023, Inrix, Inc. successfully raised USD 70 mn in funding to support its strategic planning and enhance market reach. The company plans to develop new products aimed at further optimizing traffic management systems, although specific launch dates are yet to be disclosed. Additionally, Inrix is targeting expansion into new markets, with a focus on increasing its presence in Europe and Asia by 2025, leveraging the recent funding to accelerate these initiatives.

## Funding rounds

- Series E, Oct 3, 2014, $26M — Bain Capital, Ignition Partners, Intel Capital, Venrock, August Capital, Porsche Automobil Holding
- Series E, Mar 5, 2014, $10M — Bain Capital, Venrock, August Capital
- Series D, Aug 22, 2011, $37M — Kleiner Perkins, August Capital
- Series C, Nov 7, 2007, $15M — Bain Capital, Venrock, August Capital
- Series B, Jun 5, 2006, $10M — Bain Capital, Venrock, August Capital
- Series A, Oct 28, 2005, $3M — Venrock, August Capital
- Series A, Apr 25, 2005, $3.1M — Venrock, August Capital

## Investors

- Venrock (https://capitalatlas.ai/funds/venrock) — Series A, Series B, Series C, Series E
- August Capital (https://capitalatlas.ai/funds/august-capital) — Series A, Series B, Series C, Series D, Series E
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series B, Series C, Series E
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series D
- Ignition Partners (https://capitalatlas.ai/funds/ignition-partners) — Series E
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series E
- Porsche Automobil Holding — Series E