HAAS Alert, a SaaS company that provides real-time automotive collision prevention for public safety and roadway fleets, raised $5 million in seed funding.
The round was led by R^2 and Blu Ventures, joined by TechNexus, Stacked Capital, Urban Us, Techstars, Ride Ventures, and Gramercy Fund.
The company will use the fund to scale sales and outreach efforts and prioritize R&D with vehicle-to-vehicle and vehicle-to-infrastructure (V2X) technology partnerships.
Company: HAAS, INC.
Raised: $5.0M
Round: Seed Round
Funding Month: August 2021
Lead Investors: R^2 and Blu Ventures
Additional Investors: TechNexus, Stacked Capital, Urban Us, Techstars, Ride Ventures, and Gramercy Fund
Company Website: http://www.haasalert.com/
Software Category: Safety Cloud
About the Company: HAAS Alert’s mission is to build lifesaving mobility solutions to make vehicles and roads safer and smarter. HAAS Alert relies on cellular-based sensors to ingest roadway hazard data from the environment surrounding a vehicle, and its predictive technology to digitally alert drivers through their vehicle systems. HAAS Alert’s proprietary digital alerting system, Safety Cloud, can be found on a range of fleet vehicles in the public and private sector, from fire trucks, ambulances, and police vehicles to tow trucks, construction, and waste vehicles, school buses, and more.
Source: https://techcrunch.com/2021/08/30/haas-alert-raises-5m-seed-round-to-scale-its-automotive-collision-prevention-system/