How much funding has Cyvl raised?

Cyvl has raised $22.72M in total funding. Their latest funding round was Series A. Key investors include Sentinel Global, Companyon Ventures, Aero X Ventures, Alumni Ventures, Argon Ventures.

Where is Cyvl headquartered?

Cyvl is headquartered in Somerville, Massachusetts, USA. The company has a team of 45 people.

Cyvl operates in the AI in Government / Public Sector sector. An infrastructure intelligence platform that uses AI, LiDAR, and 360° imagery to automate pavement and sidewalk assessments. To provide a faster, more accurate, and cost-effective way to assess and manage critical infrastructure like roads and sidewalks, enabling data-driven decision-making for maintenance and planning.

When was Cyvl founded?

Cyvl was founded in 2021. It is based in Somerville, Massachusetts, USA.

Who is the CEO of Cyvl?

Daniel Pelaez is the CEO of Cyvl. The company was founded in 2021.

Where is Cyvl located?

Cyvl is headquartered in Somerville, Massachusetts, USA.

What funding stage is Cyvl at?

Cyvl is currently at the Early Stage stage.

How many employees does Cyvl have?

Cyvl has approximately 45 employees.

Cyvl

Category: AI in Government / Public Sector

An infrastructure intelligence platform that uses AI, LiDAR, and 360° imagery to automate pavement and sidewalk assessments. Cyvl was founded in 2021. The company is led by Daniel Pelaez. Based in Somerville, Massachusetts, USA. Team size: 45. Total funding raised: $22.72M. Latest round: Series A. Key investors include Sentinel Global, Companyon Ventures, Aero X Ventures, Alumni Ventures, Argon Ventures.

Founded: 2021
Headquarters: Somerville, Massachusetts, USA
Team size: 45
Total funding: $22.72M

Value proposition

To provide a faster, more accurate, and cost-effective way to assess and manage critical infrastructure like roads and sidewalks, enabling data-driven decision-making for maintenance and planning.

Products and solutions

Infrastructure Intelligence Platform, AI-powered data analytics, Vehicle-mounted sensor systems (LiDAR, 360° cameras)

Unique value

Cyvl integrates proprietary vehicle-mounted sensors with an AI-powered software platform to automate infrastructure assessment, creating digital twins of physical assets. This replaces slow, manual inspection processes.

Target customer

Municipalities, civil engineering firms, and government agencies responsible for infrastructure management.

Industries served

Government/Public Works, Civil Engineering

Technology advantage

The company's key advantage is the speed, accuracy, and cost-efficiency of its data collection and analysis. Their system can be mounted on any vehicle, turning it into a high-tech data collection tool that provides actionable insights for infrastructure management.

How they differentiate

Cyvl differentiates itself by utilizing a combination of AI, LiDAR, and 360° imagery to automate the assessment of public infrastructure, such as pavements and sidewalks. This approach provides a high-tech, data-driven solution for asset management, aimed at making infrastructure decisions smarter and faster for cities and engineers.

Main competitors

DroneDeploy, Prezerv, Simerse

Key partnerships

Esri, Greentown Labs, National Center for Asphalt Technology (NCAT), Autodesk, NVIDIA, City of Boston, The Public Innovation Institute (PII)

Notable customers

City of Buffalo, New York, City of Boston, City of New York, City of Nashville, City of Atlanta, City of Green Bay, City of Niagara Falls, Ontario, City of Schenectady, City of Casa Grande, Arizona, City of Kansas City, City of Jacksonville, City of Toledo, City of Indianapolis, City of Cleveland, City of St. Joseph County, 700+ municipalities across the U.S.

Major milestones

Secured $14M in Series A funding., Raised a total of over $22.72M in funding., Developed an AI-powered platform for infrastructure assessment using LiDAR and 360° imagery.

Growth metrics

Publicly available growth metrics are not specified.

Market positioning

Cyvl is positioned as a leading-edge AI-powered infrastructure intelligence platform for the public sector, specifically targeting municipalities and civil engineering firms.

Geographic focus

Primarily focused on the United States market.

Patents and IP

Not publicly disclosed

About Daniel Pelaez

Previously worked on DPW road crew in Southbury, CT; earned B.S. in Electrical & Computer Engineering from Worcester Polytechnic Institute; worked on advanced satellite-communications research at MIT Lincoln Laboratory; served as a systems engineer at Raytheon Missiles & Defense.

More AI in Government / Public Sector companies

Official website: https://www.cyvl.com