Neology

Name

Neology

Legal name

Neology, Inc.

Website

https://neology.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

NAICS

Security Systems Services (except Locksmiths) (561621), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Measuring & Controlling Devices, Nec (3829), Services-Computer Programming Services (7371)

akta.pro primary industry

Automatic Number Plate Recognition (ANPR) / Video Tolling & Enforcement (TLAJABAB)

akta.pro secondary industries

Toll Plaza / Lane Equipment & Field Systems (Gantry, Sensors, Cameras, AVC) (TLAJABAH), Fleet, Asset Tracking & Telematics Location Platforms (BPAMANAF)

Keywords

• Electronic toll collection
• Intelligent transportation systems
• Automatic license plate recognition
• Road safety enforcement
• RFID toll transponders

Headquarters

HQ city

Carlsbad

HQ country

United States

HQ region

North America

Offices5 records

Markets served

Revenue model

1. Electronic Toll Collection Systems & Software: End-to-end toll collection systems including software platforms (neoBOSS), transaction processing, and interoperability services. Revenue from system sales, implementation, and ongoing platform fees.
2. RFID Hardware (Transponders & Readers): Sale of neoPass RFID toll transponders and neoRead RFID readers. Manufacturing capacity exceeds 90 million units per year with defect rate less than 0.01%. OmniAir and E-ZPass IAG certified products.
3. Transportation Operations & Maintenance (TOMS): Managed consulting, system migration, maintenance, and IT services for tolling infrastructure. 24/7 monitoring, incident response, and operational support for customer service centers.
4. Enforcement Technology & Solutions: Traffic enforcement, law enforcement, and public safety solutions including ANPR cameras, software platforms, and access control systems. Products include neoForce, neoGuard, P720 mobile, P497 fixed cameras.
5. Mobile Payments (neoRide): Mobile application for toll payments, parking, and road user charging. Enables flexible prepaid and postpaid payment options for tolling and transportation services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Neology designs, manufactures, and integrates electronic toll collection (ETC), automatic number plate recognition (ANPR), and intelligent transportation systems for government transportation and law enforcement agencies worldwide. Its offerings span RFID toll transponders and readers, AI-powered ANPR cameras, cloud-based back-office software platforms (neoBOSS, neoGuard), a consumer-facing mobile payment app (neoRide), and end-to-end operations and maintenance services (TOMS). The company delivers multi-year turnkey contracts covering system integration, hardware, software, and ongoing operations across more than 5,000 ETC lanes globally.

Product overview

Neology offers a platform-plus-modules architecture centered on its Integrated Mobility Platform and neoBOSS back-office system. The core product portfolio includes neoPass RFID toll transponders and neoRead readers for electronic toll collection, neoForce and P-series ANPR cameras for enforcement, and neoGuard back office software for data management. The neoRide mobile app extends payment capabilities to end users, while the TOMS division provides operations and maintenance services. All components share the common AI-powered Adaptive Solutions framework and are designed for interoperability across tolling, enforcement, and mobility applications.

Differentiator

Problem solved

Functional benefit

Brands

• neoPass: RFID toll transponders including windshield sticker tags, HOV switchable tags, and external license plate tags
• neoRead
• neoBOSS
• neoClass
• neoCare
• neoForce
• neoGuard
• neoRide

Quantifiable outcome

• Reduces serious and fatal crashes by up to 44% with speed enforcement solutions
• +7 more outcomes

Named customers11 records

Segments4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability10 records

Feature9 records

Partnerships

Eleven partnerships are on record, tiered major, flagship and core.

• Amazon ConnectmajorTechnology or Integration · 2 February 2026Integration of neoBOSS back-office system with Amazon Connect's telephony platform for CTRMA contract. Features AI-powered conversational capabilities for phone and chat interactions with customers.
• Central Texas Regional Mobility Authority (CTRMA)flagshipStrategic or Co-development Partner · 2 February 2026Seven-year multi-million-dollar contract for Pay-by-Mail services for Austin metropolitan area. Scope includes video tolling, payment processing, collections, enforcement, and customer service with neoBOSS and Amazon Connect integration.
• Minnesota Department of Transportation (MnDOT)majorStrategic or Co-development Partner · 6 October 2025Successful transition of E-ZPass Back-Office System from previous provider to Neology's neoBOSS platform with customer service center support. Completed in accelerated 6-month timeframe.
• Tampa-Hillsborough County Expressway Authority (THEA)flagshipStrategic or Co-development Partner · 19 August 2025Eight-year $20+ million contract for Operational Back Office System for Lee Roy Selmon Expressway. Neology delivers neoBOSS platform enhancing financial reporting and reconciliation with cloud-based platform.
• P Square Solutions, LLCcoreStrategic or Co-development Partner · 26 September 2024Acquired P Square Solutions, LLC, a tolling services and technology company based in the United States with its India-based subsidiary P-Square Toll Solutions India Ltd. The acquisition enhances Neology's end-to-end tolling system offerings and expands its regional technical support capabilities, particularly for the neoBOSS back-office platform developed in partnership with P Square.
• DeloittemajorImplementation/ SI/ Consulting Partner · 8 July 2024Partnership with Deloitte to provide SRTA with advanced analytics and dashboard capabilities integrating AI-driven data analysis and trending. Deloitte supports implementation of the neoBOSS platform with analytical services.
• tapNpay Inc.coreStrategic or Co-development Partner · 21 June 2023Acquired tapNpay Inc. to expand the digital payment platform neoRIDE. The combined platform aims to improve access to transportation services and reduce revenue leakage by offering flexible prepaid and postpaid payment options for tolling and other transportation services.
• Humber BridgemajorStrategic or Co-development Partner · 1 January 2023AI-driven free-flow tolling system deployment at the iconic Humber Bridge in UK. Neology provided turnkey solution with neoForce cameras, neoClass detection, neoBOSS back-office, and mobile app for payments. Supports over 30,000 daily crossings.
• Sund & BæltmajorStrategic or Co-development PartnerDanish transportation and infrastructure company awarded Neology a contract to deliver multiple ANPR Enforcement technologies for Low Emission Zones using the CAZaaS solution. Partnership for traffic-related challenges in Denmark.
• ShimmickcoreStrategic or Co-development PartnerAcquired Shimmick's Transportation Operations & Management Solutions (TOMS) business to augment end-to-end Tolling Systems offering with best-in-class customer service. TOMS division provides operations and management excellence for tolling systems.
• State Road and Tollway Authority (SRTA)flagshipStrategic or Co-development Partner10-year Toll Integration Service Contractor (TISC) contract, the largest in SRTA's history at approximately $120 million. Neology responsible for all SRTA tolling facilities including I-75 and I-85 Express Lanes with neoBOSS, neoForce, and full roadside system replacement.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• TransCore: TransCore is a leading North American provider of RFID tolling, back-office systems, and traffic management solutions, directly competing with Neology across ETC lanes, transponders, and toll integration services for state DOTs and turnpike authorities.
• Kapsch TrafficCom: Kapsch TrafficCom is a global provider of intelligent transportation systems including electronic toll collection, ANPR enforcement, and road user charging, competing head-to-head with Neology in US and EMEA procurements.
• Verra Mobility: Verra Mobility (formerly American Traffic Solutions) is a US leader in smart mobility, including automated enforcement, tolling services, and ANPR, directly competing with Neology's enforcement and tolling offerings for state and municipal customers.
• Q-Free ASA: Q-Free is a Norwegian-headquartered provider of road user charging, tolling, and traffic management solutions, competing with Neology in EMEA procurements (e.g., ANPR enforcement, free-flow tolling, and congestion charging).
• Emovis (Abertis): Emovis, part of Abertis, provides tolling, free-flow, and road user charging solutions globally, directly competing with Neology in European and North American toll modernization projects.
• Star Systems International: Star Systems is a US manufacturer of RFID transponders and readers for electronic toll collection and parking, competing directly with Neology's neoPass/neoRead product lines in the 6C RFID space.

Broad incumbents

• Cubic Transportation Systems: Cubic is a large, diversified transportation technology provider offering tolling, fare collection, and traffic management; Neology's COO Jeffrey Lowinger previously led Cubic, illustrating direct competition for back-office and integrated mobility contracts.
• Conduent Transportation: Conduent provides transportation solutions including tolling back-office and customer service operations for state agencies; its scale and breadth position it as a broader incumbent competing with Neology's TOMS and neoBOSS offerings.
• NEC Corporation (NEC iPAS): NEC provides ANPR, tolling, and smart city solutions globally through its iPAS platform, competing with Neology in ANPR enforcement and large-scale tolling/mobility procurements.

Emerging players

• Jenoptik: Jenoptik provides traffic enforcement and ANPR camera solutions for law enforcement and civil enforcement authorities, overlapping with Neology's neoForce and P-series camera offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/neology
• Xx.com/NeologyRFID

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neology