What is Numetric?
Numetric specializes in delivering Traffic Safety Analytics Solutions tailored for state, county, and city-level transportation and law enforcement agencies. The company's offering includes a suite of purpose-built applications and a configurable platform designed to convert diverse data streams into actionable intelligence, thereby optimizing safety return on investment. Numetric emphasizes customer success and data expertise, ensuring seamless integration of various data types to empower traffic safety professionals with advanced analytics for rapid decision-making.
How much funding has Numetric raised?
Numetric has raised a total of $31.7M across 4 funding rounds:
Private Equity
$4M
Other Financing Round
$3.8M
Private Equity
$10.9M
Unspecified
$13M
Private Equity (2016): $4M with participation from EPIC Ventures
Other Financing Round (2016): $3.8M led by Epic Ventures and Service Provider Capital
Private Equity (2017): $10.9M, investors not publicly disclosed
Unspecified (2017): $13M featuring Insight Venture Partners and EPIC Ventures
Key Investors in Numetric
EPIC Ventures
EPIC Ventures is an investment firm that has participated in multiple funding rounds for Numetric, indicating a sustained belief in the company's growth potential and market position within the analytics sector.
Epic Ventures
Epic Ventures, a notable backer, has provided capital to Numetric, supporting its mission to enhance traffic safety through advanced data analytics and technological solutions.
Insight Venture Partners
Insight Venture Partners, a prominent venture capital firm, has invested in Numetric, signaling confidence in the company's innovative approach to traffic safety analytics and its potential for substantial market impact.
What's next for Numetric?
The recent major strategic investment indicates Numetric is poised for significant scaling and further development of its advanced analytics platform. This capital infusion is expected to fuel expansion into new markets and enhance its technological capabilities in traffic safety data analysis. The company's focus on transforming raw data into actionable insights positions it for continued growth and leadership in the intelligent transportation systems sector, likely attracting further strategic partnerships and investment as it solidifies its market presence.
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