Teralytics Raises $17.5 Million to Improve Human Mobility Worldwide

Teralytics AG announced today it has raised $17.5 million in a round led by Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group; alongside Deutsche Bahn Digital Ventures, innogy Ventures, LBBW Venture Capital, Liil Ventures, and existing investors Atomico and Lakestar. Teralytics is building advanced mobility insights solutions powered by telecom network data to help cities and transport services understand, predict and improve people’s journeys.

The funding follows a period of growing commercial traction and expansion into more than 10 countries. Teralytics now plans to expand its reach further to cover over a billion of journeys and become a global marketplace for mobility insights.

 

"We are delighted to have attracted such an outstanding syndicate of investors. The group comprises both astute financial investors with impeccable track records, and extraordinary domain-relevant strategic partners — RBVC, Deutsche Bahn and innogy. Our fit with their vision for mobility is particularly exciting," said Alastair MacLeod, Teralytics’ CEO.

 

Zurich-based and with offices in New York and Singapore, Teralytics partners with telecom network operators to solve the challenge with the most accurate indicator of people’s movement — their mobile devices, the one thing everyone has with them at all times. Teralytics is developing global mobility insights and analytics solutions for transport operators and planners, mobility services and cities to better understand how people travel and how new modes of transportation affect the entire transport network.