Neology
Latest round
- Series C
Last raised
- Sep 2005
Total raised
- $8M
Investors
- 2
About Neology
Neology, Inc.Founded in 1986, Neology, Inc. operates from its headquarters in San Diego, US, providing innovative technology solutions for transportation agencies. Neology has completed 4 deals to date, highlighting its evolving role in the transportation technology sector.Neology specializes in providing advanced end-to-end toll collection systems and vehicle-related enforcement technology solutions aimed at enhancing mobility and operational efficiency for transportation agencies. Its core offerings include the Neology Mobility Platform, which integrates AI-powered adaptive solutions for seamless toll payment, parking, and road user charging. The platform facilitates convenient and accurate tools for road users to manage their travel, thereby improving revenue assurance for agencies.The revenue model of Neology is structured around partnerships with government transportation agencies and local authorities, where transactions typically occur through service agreements that encompass the sale and implementation of tolling systems, as well as ongoing maintenance and support. The company’s flagship offerings, such as its electronic toll collection solutions and the neoRide mobile payment platform, are bundled into comprehensive service packages that include installation and lifecycle support. Neology’s business transactions involve multi-year contracts with fixed terms, focusing on the delivery and integration of technology solutions that enhance operational capabilities for their clients.Neology, Inc. is actively pursuing the development of new products aimed at enhancing its technology offerings for transportation agencies. The company is targeting expansion into emerging markets across Asia and Europe by the end of the upcoming fiscal year.00 mn will be utilized to support these initiatives, particularly in bolstering research and development for innovative solutions in toll collection and enforcement technology.
Who invested in Neology
2 investors across 2 rounds
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Questions about Neology
Who invested in Neology?
Neology has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Neology raised?
Neology has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Neology last raise money?
Neology's most recent round on record is a Series C, in Sep 2005.
What does Neology do?
Neology is a electronics company.
Where is Neology headquartered?
Neology is headquartered in San Diego, US.
Which VCs invest in companies like Neology?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Neology's stage. Their profiles are linked below.
VCs backing electronics startups at Series C
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