Hayden AI, a San Francisco, California-based leading smart city solutions provider that developed the world's first autonomous traffic management platform, raised $20 million in Series A funding.
The round was led by TYH Ventures with participation from previous investors Autotech Ventures, BootstrapLabs, and Modern Venture Partners, bringing the company's total funding to over $30 million.
The new funds will be used to expand its reach nationally and internationally, and to accelerate hiring across R&D, cybersecurity, and customer support.
Company: Hayden AI Technologies, Inc.
Round: Series A
Funding Month: September 2021
Lead Investors: TYH Ventures
Additional Investors: Autotech Ventures, BootstrapLabs, and Modern Venture Partners
Company Website: http://www.hayden.ai/
Software Category: Autonomous traffic management platform
About the Company: Hayden AI was founded on the belief that by combining mobile sensors with artificial intelligence, we can help governments bridge the innovation gap while making traffic flow less dangerous and more efficient. Led by a team of experts in machine learning, data science, transportation, and government technology, we've developed the world's first autonomous traffic management platform — simultaneously serving citizens and multi-agency missions to help cities become safer and more sustainable.