Technology
Sector | Technology |
Sub-sector | Transport |
Location | Americas |
StreetLight Data’s solutions provide a cloud-based analytics platform with the broadest set of traffic data, processing approximately 40 billion anonymised location records from smart phones and navigation devices in connected cars and trucks each month.
StreetLight’s solutions allow its users, from Napa Valley to the city of Toronto, to anticipate and plan for special events, identify underserved areas, optimise bike and pedestrian infrastructure, accurately prioritise mobility spending and more.
monthly location data points
miles of roadway, sidewalk and bike lane
monthly transportation analyses
Source: Streetlight’s website (as of Dec. 2020)
Macquarie Capital’s transportation infrastructure expertise and relationships with various Departments of Transportation (DOTs) made Macquarie Capital a preferred investor.
Alongside co-investors Osage University Partners, Ajax Investment Strategies and Activate Capital, the new round brought together global leaders in infrastructure investing and clean technology innovation as North America’s transportation industry transitions into a new era of mobility, accelerated by COVID-19.
Jared Doskow, Managing Director at Macquarie Capital Principal Finance
Outcome
StreetLight is using smartphones as sensors to measure activity on all streets as COVID-19 continues to affect the global transportation landscape. Whether measuring the pandemic’s impact on specific communities or helping cities move forward with routine projects, StreetLight’s products allow users to get transportation metrics for regions 24/7.
Macquarie Capital is continuing to work with StreetLight to identify strategic M&A opportunities to expand the platform’s product offering.
Stephan Feilhauer, Managing Director at Macquarie Capital Principal Finance
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