What is Viaduct?
Viaduct provides an end-to-end machine learning platform designed to empower automakers by unlocking new use cases through connected vehicle data. The company's cloud platform derives actionable insights for applications such as predictive maintenance, driver personalization, and driver safety scores. Viaduct's machine learning solutions are deployed directly in the vehicle, intelligently compressing and enhancing data to transmit the richest information to the cloud with minimal bandwidth usage. This focus on efficient data utilization positions Viaduct as a key player in the automotive technology landscape, enabling deeper understanding and utilization of vehicle-generated data.
How much funding has Viaduct raised?
Viaduct has raised a total of $21M across 2 funding rounds:
Series A
$11M
Series B
$10M
Series A (2020): $11M with participation from Exor Seeds, Box Group, and Innovation Endeavors
Series B (2024): $10M led by Stellantis Ventures, EXOR, Innovation Endeavors, FM Capital, and Sumitomo Rubber Industries
Key Investors in Viaduct
Stellantis Ventures
Stellantis Ventures is a venture fund focused on driving innovation within the mobility sector, partnering with disruptive startups through investment and collaboration. Their interests span autonomous driving, energy storage, and AI.
EXOR
Exor is an investment holding company with a focus on medium to long-term investments across various sectors, including automotive and technology. They are known for their strategic stakes in prominent industrial companies.
Innovation Endeavors
Innovation Endeavors is an early-stage venture capital firm that invests in visionary founders and transformational technologies, with a thesis centered on data, computation, and advanced engineering to reshape industries like transportation.
What's next for Viaduct?
The recent major strategic investment in Viaduct signals a pivotal moment for the company, likely enabling accelerated product development, expansion into new markets, and enhanced R&D capabilities. As Viaduct continues to refine its machine learning solutions for connected vehicles, this capital infusion is expected to bolster its competitive edge in areas like predictive maintenance and driver safety. The company's focus on deriving actionable insights from vehicle data positions it for significant growth within the evolving automotive industry, potentially leading to further strategic partnerships and technological advancements.
See full Viaduct company page
