Fundraising FoxWayCare
AcquiredTel-Aviv · Founded 2016 · 4 known investors
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Acquired by Rekor Systems August 2021 · $61M ($61 million) · source ↗
Waycare Technologies was a Tel Aviv-based startup using AI and predictive analytics to help transportation agencies optimize traffic management and reduce crashes and congestion.
Founders & leadership
WayCare was founded in 2016 by Idan Hahn and Noam Maital.
Board
Investors · 4
How we know: Next Gear Ventures's portfolio page · Not right? Tell us
How we know: Spider Capital's portfolio page · a partner's Signal profile · Not right? Tell us
How we know: UpWest's portfolio page · the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$515K disclosed across 1 round · 2017
▶$515KraisedMay 2017 · 4 investors · Other TechnologyRule 506(b)
- Idan HahnExecutive Officer, Director
- Ryan FeitPromoter
- Noam MaitalExecutive Officer, Director
- Branislav ZlatyDirector
- Shai SuzanExecutive Officer, Director
- Offering amount
- $515K
- Amount sold
- $515K
- Minimum investment
- $10K
- Sales commissions
- $44.6K
- Proceeds to insiders
- $180K
- First sale
- Mar 2017
- Incorporated
- Corporation, Israel, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
3 people who came through WayCare went on to found or lead other companies.
Frequently asked questions
- What does WayCare do?
- Waycare Technologies was a Tel Aviv-based startup using AI and predictive analytics to help transportation agencies optimize traffic management and reduce crashes and congestion.
- Who founded WayCare?
- WayCare was founded by Idan Hahn, Noam Maital in 2016.
- Who are WayCare's investors?
- WayCare's investors include Next Gear Ventures, SJF Ventures, Spider Capital, UpWest.
- How much funding has WayCare raised?
- WayCare has disclosed $515K raised across 1 round.
- Where is WayCare headquartered?
- WayCare is headquartered in Tel-Aviv.