Cyvl Raises $6M to Drive the Future of Transportation Infrastructure with AI and 3D Mapping

The funding round was led by Companyon Ventures, with participation from Argon VenturesAeroX Ventures, and Alumni Ventures. “What is truly impressive about the Cyvl team is how they managed to find true product/market fit by collaborating with civil engineering firms in the field for a hands-on understanding of their needs,” said Firas Raouf, general partner at Companyon Ventures. “Cyvl brings far advanced AI/ML/Mapping technology to the very established – and antiquated –  world of transportation infrastructure just when it needs a better way to be analyzed and upgraded.”, General Partner at Companyon Ventures.

Cyvl.ai is also proud of the continued support of its existing investors, MassVenturesLaunch CapitalRiverPark Ventures, Launchpad Venture Group, and Hub Angels.

Redefining Transportation Infrastructure with AI

Cyvl.ai’s end-to-end solutions leverage vehicle-mounted LiDAR sensors, cameras, and advanced AI algorithms to offer outstanding insights into infrastructure conditions. This technology streamlines inspection and management processes, significantly reduces costs, and improves safety for engineers and the communities where it is implemented.

Daniel Pelaez, CEO of Cyvl.ai explains, “We’re writing the enterprise AI playbook for civil engineering firms and governments, removing previously unsolvable barriers for managing the built environment and unlocking billions in savings by enabling fast and accurate data-driven decisions for infrastructure systems at any scale.”

The funds raised will be used to establish and grow partnerships with engineering firms and their government clientele. These collaborations are vital as they enable Cyvl.ai to seamlessly integrate its technology into the workflow of professionals managing and maintaining infrastructure, thereby broadening its impact.

Moreover, Cyvl.ai is committed to continuously improving its current AI solutions. Cyvl.ai’s team is dedicated to refining its algorithms and enhancing its data processing capabilities to ensure its partners and clients can access the most accurate and actionable insights possible.

Additionally, Cyvl.ai will invest in developing new technologies to support additional infrastructure use cases. By expanding its solution portfolio, Cyvl.ai aims to address a wider range of industry challenges and make infrastructure management more efficient, safer, and adaptable to modern challenges.

A Vision for the Future

Led by a dedicated team of engineers, data scientists, and industry experts, Cyvl.ai is poised to revolutionize civil engineering and infrastructure management. Their technology offers a scalable solution to one of today’s most pressing challenges: maintaining and managing aging infrastructure.

Cyvl.ai is immensely grateful for the trust and support of its investors, partners, and the engineering community. Daniel Pelaez, CEO of Cyvl.ai, said, “Together with our customers and supporters, Cyvl.ai is paving the way for a smarter, connected world, ensuring that our world’s transportation infrastructure is intelligently built and maintained for generations to come.”

To learn more about Cyvl.ai’s innovative solutions, visit https://www.cyvl.ai. Stay tuned for updates on Cyvl.ai’s progress and impact on infrastructure management around the globe.

About Cyvl.ai: Cyvl.ai revolutionizes infrastructure management through its AI-powered mapping technology. Their platform utilizes vehicle-mounted 3D mapping sensors and sophisticated AI algorithms to transform how infrastructure is inspected and managed. Designed to enhance efficiency, reduce costs, and improve safety, Cyvl.ai empowers engineers and infrastructure professionals with actionable insights into physical infrastructure conditions. Cyvl.ai is headquartered in the heart of innovation and backed by leading investors such as Companyon Ventures, Argon Ventures, and AeroX Ventures.

Cyvl Donates Sensors to WPI Students

This donation to the Electrical Engineering and Robotics Engineering departments is a testament to our commitment to fostering technological advancements.

Cyvl.ai’s Vehicle-Mounted Sensor in Worcester, MA

Together, Cyvl and WPI will:

  • Empower Future Engineers: To further empower WPI students, we are providing the Civil Engineering department with access to all the 3D LiDAR survey data collected during the city-wide scan. This data will enrich their educational experiences and open doors to innovative research possibilities.
  • Foster Research and Innovation: To support research endeavors, we’re also granting platform access to any student who requests it for their research related to AI mapping and 3D modeling projects.
  • Shape Tomorrow’s Innovators: We believe in the potential of knowledge and are excited to witness how WPI’s talented students will leverage this technology for groundbreaking discoveries and advancements in engineering.
  • Give Back to Our Roots: This initiative is our way of giving back to an institution that played a pivotal role in Cyvl’s journey and helped shape Cyvl as we know it today.

Cyvl.ai Welcomes Rich Allen, Former Stantec COO, to its Board

Rich has held a series of board and executive leadership roles at world-renowned engineering and construction firms. Notably, he served as the Chief Operating Officer of Stantec Inc., a $4B, 22,000-employee global engineering design firm, where he led the aggressive growth and profitable operations of Stantec’s locations worldwide. Today, Rich continues his Board of Directors role at Gilbane Construction Inc., a $6B privately held family-owned construction and real estate development firm.

Rich brings invaluable expertise to Cyvl’s Board of Directors. His strategic growth initiatives, merger and acquisition experience, and strong legal background will provide essential guidance in advancing Cyvl’s vision of setting the new industry standard for how the built environment is managed.

“We’re thrilled to have Rich on the team,” says Daniel Pelaez, CEO at Cyvl. “We’ve been working together for a couple of months now, and his experience and connections in the industry are already helping us push the needle further, faster.”

Rich adds, “Adopting new practices and solutions is necessary to remain creative and competitive. To this end, Cyvl’s cutting-edge technology will revolutionize how the infrastructure and engineering business measures, manages and levers its assets. I am excited to bring to Cyvl’s Board my professional services and industry experience to that endeavor.”

About Cyvl

Cyvl Inc. is a geospatial technology company based in Boston, MA. The company provides civil engineering firms and governments with automated solutions to inspect and assess physical infrastructure like roads, trees, signs, buildings, and more via vehicle-mounted LiDAR sensors and artificial intelligence algorithms. Cyvl was founded by four Worcester Polytechnic Institute graduates in 2020.

For more additional information, please reach out to Emma Shechtman (emma@cyvl.ai).

Cyvl.ai Secures $2.7M to Set Industry Standard for Civil Engineering Data Capture

Cyvl’s vehicle-mounted LiDAR sensors and proprietary data processing algorithms provide a unique solution to the challenges faced by civil engineers when it comes to managing physical infrastructure assets like pavements, signage, trees, and more. By capturing high-resolution 3D data of the built environment, Cyvl’s technology enables engineers to make more informed and accurate decisions, ultimately leading to improved construction processes and outcomes.

Infrastructure Data Created by Cyvl’s Solutions

Founded by four WPI alumni, Cyvl launched its product at the beginning of 2022 and quickly captured the attention of civil engineers and governments. Within months of launching, their technology was used to assess more than 4,000 miles of transportation infrastructure throughout New England.

“The team is excited for this next chapter as we work to transform the civil engineering industry,” said CEO and Co-Founder of Cyvl, Daniel Pelaez. “This funding will enable us to continue developing our technology and expanding our team, so that we can better serve the needs of civil engineers and help them build a better, safer, and more sustainable built environment.”

Co-Founder, Noah Parker, Testing Cyvl’s Sensor

Cyvl’s technology is already being used by leading civil engineering firms to improve the accuracy and efficiency of their infrastructure projects. With this new funding, the company plans to expand its customer base and continue improving its technology, with the ultimate goal of becoming the industry standard for civil engineering data capture and analysis.

“MassVentures is thrilled to lead the investment in Cyvl.ai, a dynamic deep tech startup that is pioneering urban visualization technology to make infrastructure repair and management easier and less costly for governments,” said Priya Yadav, Vice President of Investments at MassVentures. “We are excited by the wealth of deep tech innovation emerging from theCommonwealth’s research institutions.”

About Cyvl

Cyvl, Inc. is a leader in innovative data solutions for civil engineering firms. The company’s vehicle-mounted LiDAR sensors and proprietary computer vision algorithms provide a unique solution to the challenges facing civil engineers, enabling them to make more informed and accurate decisions and improve the construction process. For more information, visit www.cyvl.ai.

Introducing Cyvl: The Future of Infrastructure Management

Cyvl helps governments and civil engineers better manage our world’s physical infrastructure with LiDAR and AI.

Who We Are

After speaking with their local governments, former WPI students Daniel Pelaez, Noah Budris, and Noah Parker founded Cyvl (previously Roadgnar) with the central mission of addressing our nation’s most pressing infrastructure challenges.

Now, with a growing team of engineers and data scientists, Cyvl provides modern infrastructure management solutions to communities throughout New England and the United States.

Why We Do It

At Cyvl, our efforts are driven by the impact we make in our communities.

While infrastructure is critical to our society, it’s constantly overlooked and neglected through insufficient and inconsistent asset management techniques and poor budget allocation. Furthermore, current techniques can no longer keep up with the growing use and size of our nation’s infrastructure networks.

There is an agreement between governments and their citizens that our infrastructure needs to be better maintained. However, a solution that’s easy to implement and afford for communities of all sizes does not exist.

What We Do

Cyvl has developed a new infrastructure technology platform that enables governments and civil engineers to manage the world’s pavements, traffic signs, trees, and related infrastructure assets quickly, effectively, and affordably. We achieve this with our vehicle-mounted data collection sensors and our proprietary data processing algorithms.

Here’s how it works:

Sensor Delivery – We send users our vehicle-mounted sensor, which includes a 3D LiDAR and camera.

Mount and Drive – Our sensor is easily mounted to your vehicle of choice with provided mounting equipment. Drive around to collect LiDAR and imagery data of your infrastructure assets and upload it to our web portal.

Automated Analysis – We use artificial intelligence to identify, inventory, and assess infrastructure assets. Privacy is our top priority, so all personally identifiable information like faces and license plates are anonymized.

Actionable Results – All results are made available via our secure web portal, which allows you to interact with a digital twin of your community. You can share results with stakeholders and export all of your data in various industry-standard GIS, CAD, and point cloud formats for easy integration into your current software platforms.

The Cyvl solution provides a systematic way to organize and prioritize infrastructure needs so that our customers can make well-informed and data-driven decisions.

Why Now

In 2021, congress passed the $1.2 trillion Bipartisan Infrastructure Law to help fuel the restoration of our nation’s deteriorating infrastructure. The passing of this bill indicates the urgency for repairing America’s infrastructure, but the perfect solution does not exist.

Cyvl is Here to Change That

Through our partnerships with leading civil engineering firms and state and local governments, we have helped dozens of communities improve their infrastructure management processes and optimize their resources.

We the People believe it’s time for the world to start taking infrastructure management seriously. It’s time to start paving the way toward a better world. It’s time for Cyvl.