What is StreetScan?
StreetScan provides a comprehensive end-to-end pavement inspection service, leveraging up-to-date and complete data to inform repair decisions. Established in 2015 and headquartered in Burlington, MA, the company offers both data collection services and asset management software. Its core mission is to modernize infrastructure management through advanced technology, ensuring that municipalities and related entities can optimize their maintenance strategies with precise, actionable insights.
How much funding has StreetScan raised?
StreetScan has raised a total of $1M across 2 funding rounds:
Private Equity
$880K
Debt
$150K
Private Equity (2016): $880K, investors not publicly disclosed
Debt (2020): $150K led by PPP
What's next for StreetScan?
The substantial enterprise-level funding indicates StreetScan is poised for significant expansion. This capital infusion is likely to be directed towards enhancing its data collection capabilities, refining its asset management software, and potentially broadening its service reach to new markets. The strategic nature of the recent investment suggests a focus on strengthening its market position and accelerating the adoption of its innovative pavement inspection technology. StreetScan's trajectory points towards becoming a key player in smart city initiatives and municipal infrastructure modernization.
See full StreetScan company page