vialytics receives 8 million euros

8 million for AI in road management. vialytics digitizes the public sector with Acton Capital and existing investors and drives efficiency in municipalities.

Stuttgart, December 18, 2024 - The SaaS startup vialytics, specializing in AI-based road management, has closed a financing round of 8 million euros. Lead investor is Acton Capital, supported by existing investors EnBW New Ventures, Statkraft Ventures and Scania Growth Capital.

Reaching the profit zone

With the new capital round, vialytics plans to reach the profit zone and continue to grow organically. At the same time, the core product, road condition monitoring via smartphone app and browser-based web system, is to be further developed. New features such as intelligent budget planning and automated damage analysis have already been successfully integrated.

vialytics is creating an innovative solution that combines advanced AI with modern software. The company is proving in Europe and the USA how public administration can be made more efficient.

Dominik Alvermann, Managing Partner at Acton Capital

The system enables municipalities to efficiently record road conditions via smartphone, analyze damage based on AI and plan measures centrally. Over 500 municipalities in seven countries are already using the solution, including cities such as Goslar.

Our goal is to digitize over 400,000 kilometers of roads worldwide by 2030 - that's the distance from the Earth to the moon.

Patrick Glaser, CEO vialytics

With this step, vialytics is positioning itself as a pioneer for digital transformation in public administration. We recently reported on a 10 million Series A for vialytics on the Startbase.