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Valerann Ltd. of Tel Aviv makes Lanternn, an AI-powered data fusion platform for traffic management and road safety.
Founded in 2016 by Gabriel Jacobson and Shahar Bahiri and based in Tel Aviv, Israel, Valerann Ltd. provides traffic management through Lanternn by Valerann, which combines AI and satellite data to help operators detect risks and respond to incidents. Clients include government agencies, toll road operators and transportation authorities in the US, UK and parts of Europe and Latin America, paying through subscriptions. In February 2022 the company raised USD 17 mn in Series A funding led by HG Ventures, with 2B Angels and Rio Ventures participating.
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