# Valerann

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

- Industry: Internet
- Headquarters: Tel Aviv, Israel
- Website: www.valerann.com
- Total disclosed funding: $22M
- Latest round: Series A (Feb 22, 2022)
- Investors on record: 4

## About

Valerann Ltd. is a technology company focused on enhancing traffic management through its innovative AI-powered data fusion platform, Lanternn by Valerann™, which provides actionable insights to improve road safety and efficiency.Founded in 2016 by Gabriel Jacobson and Shahar Bahiri, Valerann Ltd. is based in Tel Aviv, Israel. The company specializes in advanced traffic management solutions and has successfully completed three deals, with its most recent funding round being a Series A in February 2022, raising USD 17 mn led by HG Ventures, with additional contributions from 2B Angels and Rio Ventures.Valerann specializes in advanced traffic management solutions through its flagship product, Lanternn by Valerann™. This AI-powered data fusion platform enhances road safety and efficiency by providing real-time, actionable insights into traffic situations. Valerann's technology integrates AI and satellite data to help traffic operators detect risks earlier, respond to incidents more rapidly, and improve traffic flow. It serves a diverse client base, including government agencies, toll road operators, and transportation authorities across the United States, the United Kingdom, and various countries in Europe and Latin America.Valerann's revenue structure is based on B2B transactions, primarily with government entities and transportation authorities that implement its traffic management solutions. Clients engage through subscription-based models, paying for ongoing access to the Lanternn platform and related services. These agreements often involve long-term contracts that include maintenance and updates to ensure continuous service delivery. Valerann's solutions offer various pricing plans to reflect the scale and complexity of the services required, allowing for customized engagements based on operational needs.In February 2022, Valerann Ltd. raised USD 17 mn in Series A funding, led by HG Ventures, to support its expansion and product development efforts. The company aims to enhance its Lanternn platform with upcoming features focused on improving user experience. Valerann plans to expand into new markets in Europe and Latin America by the end of 2023, capitalizing on its recent funding to facilitate growth and innovation in traffic management solutions.

## Funding rounds

- Series A, Feb 22, 2022, $17M — 2B Angels, HG Ventures, Rio Ventures
- Seed, Dec 21, 2018, $5M — Telefonica, 2B Angels, Rio Ventures

## Investors

- Telefonica (https://capitalatlas.ai/funds/telefonica) — Seed
- 2B Angels (https://capitalatlas.ai/funds/2b-angels) — Seed, Series A
- Rio Ventures — Seed, Series A
- HG Ventures (https://capitalatlas.ai/funds/hg-ventures) — Series A