How Much Did Mytraffic Raise?
Funding & Key Investors

Mytraffic has secured $30.3M in total capital, with its most recent financing round bringing in $30.3M in a major strategic investment. This Series B financing round, which closed on November 8, 2022, underscores the company's significant traction and market potential in the intelligent transportation sector.

What is Mytraffic?

Mytraffic
SoftwareMobile App DevelopmentBusiness Intelligence (BI) Software

MyTraffic is a software design firm that has developed an innovative application providing users with comprehensive traffic data. The platform is particularly valuable for city offices, offering critical insights for understanding and developing urban travel infrastructure. By leveraging advanced data analytics, MyTraffic empowers municipalities to make informed decisions regarding transportation planning and enhancement, contributing to more efficient and sustainable urban mobility.

How much funding has Mytraffic raised?

Mytraffic has raised a total of $30.3M across 1 funding round:

2022

Series B

$30.3M

Series B (2022): $30.3M with participation from AXA Venture Partners

Key Investors in Mytraffic

AXA Venture Partners

AXA Venture Partners (AVP) is a venture capital fund specializing in high-growth, technology-enabled companies, with a focus on early and growth-stage investments. Their global presence and expertise in tech investments provide significant value for portfolio companies seeking to scale internationally and accelerate growth.

What's next for Mytraffic?

The substantial enterprise-level funding Mytraffic has garnered, particularly the recent strategic investment, positions the company for accelerated growth and market expansion. This capital infusion is expected to fuel further development of its traffic data analytics platform, enhance its service offerings for city offices, and potentially broaden its reach into new geographical markets. The company is poised to solidify its position as a key player in smart city initiatives and urban infrastructure development.

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Frequently Asked Questions Regarding Mytraffic Financial Insights

What are the most recent funding rounds that Mytraffic has completed, and what were the funding rounds?
Mytraffic has recently completed 1 funding rounds: Series B on Nov 8, 2022.
What is the total amount of funding Mytraffic has raised to date?
Mytraffic has raised a total of $30.3M in funding to date.
How many funding rounds has Mytraffic completed?
Mytraffic has completed 1 funding rounds.
How much funding did Mytraffic raise in its most recent funding round?
Mytraffic raised $30.3M in its most recent funding round.
Who are the lead investors in Mytraffic's latest funding round?
The lead investor in Mytraffic's latest funding round was AXA Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Mytraffic's history?
The largest funding round in Mytraffic's history was $30.3M.
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