GRIDSMART Technologies, Inc. is a Knoxville, Tennessee based company, founded in 2006, that specializes in traffic management and logistics. The company has received Series A investment from Launch Tennessee in April 3, 2020. This venture capital investment has allowed GRIDSMART to further develop and expand its innovative solutions. GRIDSMART's unique approach to traffic management sets it apart in the industry. The company utilizes state-of-the-art vision processing algorithms developed by its team of experts, including alumni from Oak Ridge National Laboratory, Georgia Institute of Technology, and the United States Naval Academy. Their flagship product, the GRIDSMART System, is the world's only single-camera solution for intersection actuation, traffic data collection, and situational awareness. The GRIDSMART System is currently in use in 29 countries and 49 states, showcasing its global reach and impact. The system not only actuates intersections but also collects crucial traffic data to optimize signal timing and traffic flow strategies. It also enables real-time remote monitoring and visual assessment, providing unparalleled efficiency and control in managing traffic. With a focus on information technology and logistics, GRIDSMART Technologies is at the forefront of revolutionizing traffic management and shaping the future of mobility. Their continuous innovation and strategic investments position them as a prominent player in the industry, with promising potential for further growth and development. For more information about GRIDSMART, please visit www.gridsmart.com.
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