Hayden AI Technologies, Inc., a San Francisco, CA-based urban mobility company, raised $5m in funding.
The round was led by Autotech Ventures, with participation from BootstrapLabs, Tsingyuan Ventures, and other investors.
The company intends to use the funds to accelerate product development..
Founded by Chris Carson, Bo Shen, Vaibhav Ghadiok and Michael Byrne, Hayden AI provides urban mobility solutions, which enable cities to bring safe, healthy and equitable mobility to the public. By using edge computing and AI to process real time data from mobile cameras, the platform is able to create vast and detailed situational awareness. Coupled with a knowledge and reasoning engine that fully automates the detection of any kind of traffic violation, the solution eliminates the need for human review, inherently filtering out bias and inefficiencies.
Hayden AI also announces today that Stuart McKee is joining the executive team as COO, and Anthony Foxx has joined the company’s Board of Directors.