The following post highlights how Venture Scanner categorizes the Transportation Technology startup landscape, and presents our Innovation Quadrant showing how those categories compare to one another. The data for this post is through May 2017.
The above sector map organizes the sector into 17 categories and shows a sampling of companies in each category.
Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Transportation Technology categories and how they compare with one another.
The definitions of the Transportation Technology categories are as follows
Auto Clean Tech: Companies that create next-generation solutions seeking to make transportation more friendly towards the environment. Examples include technologies to increase fuel efficiency, lower emissions, and take advantage of renewable fuels.
Auto Fleet Management: Companies that enable professional owners of large fleets of vehicles to better optimize their total cost of ownership. Examples include solutions for tracking fleet locations, managing repairs and service, and fueling payment systems.
Auto Heads Up Displays (HUD): Companies that bring “cockpit” style display technologies into the automotive realm. Examples include technologies based on cell phones, mounted dashboard projectors, and devices embedded into windshields.
Automotive Infotainment: Companies that provide communication and entertainment services into an automotive experience, either through the manufacturer or after-market sales. Examples include music libraries, voice activation telephony, and voice-to-text translation.
Automotive Telematics: Companies that provide car owners with better access to specific information about their car. Examples include on-board data readers, diagnostic tools, and notifications to mobile devices for enhanced safety features (such as road-side assistance).
Autonomous & Assisted Cars: Companies that provide various solutions that assist a human in driving a car or work to eliminate the need for a human behind the wheel. Examples include automotive LiDAR, automotive RADAR, and automotive artificial intelligence computing.
Auto Wireless Networking: Companies that offer solutions to help cars communicate wirelessly with the cloud. Examples include wireless chip sets, infrastructure monitoring devices, and data analytics software.
Car Sharing: Companies that provide for the collaborative consumption of cars, enabling consumers to share the cost of auto ownership. Examples include centrally administered micro-rentals and peer-to-peer shared ride arrangement portals.
Enhanced Auto Ownership: Companies that allow for new methodologies to buy, rent, and own cars. Examples include social networks dedicated to car culture, mobile apps for scheduling auto maintenance, and streamlined services to buy/sell cars.
Individualized Insurance: Companies that provide new methodologies for automotive insurance. Examples include comparison websites, metered payments via telematic devices, and personalized quotes based on user-specific driving habits.
Intelligent Transit Systems: Companies that enable the sharing of information between cars and infrastructure – sometimes referred to as Vehicle-to-Infrastructure (V2I). Examples include solutions for collision avoidance, toll booth metering, and traffic routing management.
Mapping, Location, and Route Optimization: Companies that understand where a consumer is and offer recommendations based upon that specific location. Examples include providing local maps, localized advertising, and individualized directions.
Public Transit Enhancement: Companies that aim to encourage the use of public transit options. Examples include real-time tracking of buses, loyalty programs, and simplified ticketing options.
Ride Hailing and Scheduling: Companies that enable consumers to schedule a ride either in real time or for the future. Examples include transportation network companies, white label mobile applications, and website booking portals.
Smart City and Mobility: Companies that provide next generation solutions for increasing sustainability in how transportation is conducted within cities. Examples include all electric vehicles (from full size automobiles to smaller scooters) and distributed energy systems which make it easier for these vehicles to recharge.
Smart Parking Technology: Companies offering solutions that make it easier to park, usually in dense urban environments. Examples include software to manage parking space inventories, real-time inventory information, and mobile payment options.
Vehicle to Vehicle (V2V) Communications: Companies which allow for direct vehicle-to-vehicle communication. Examples include technologies for collision avoidance, dynamic route optimization, and maintaining the flow of traffic.
We are currently tracking 1,112 Transportation Technology companies in 17 categories across 65 countries, with a total of $67 Billion in funding. Click here to learn more about the full Transportation Technology market report.