Valerann
Valerann is a London-based software company selling Lanternn, an AI-powered traffic management SaaS platform, to government road authorities and toll road concessionaires across 12 countries for real-time incident detection, data fusion, and roadway situational awareness.
- Company typePrivate
- Founded2021
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Valerann does
Valerann is a London-headquartered intelligent transportation software company (founded 2016, legal entity Valerann Ltd.) that sells Lanternn by Valerann™, an AI-powered roadway intelligence platform, to government road authorities and toll road operators. The platform is deployed across at least 12 countries, including deployments with Transport Infrastructure Ireland's nationwide eMOS program, North Carolina Turnpike Authority, New York Department of Transportation, Nea Odos in Greece, Lima Expresa in Peru, and toll concessions in Costa Rica (Ruta 27, Ruta 160). The company's customer base is split between government transportation agencies and toll road operators/concessionaires, with metropolitan/municipal operators as a secondary segment.
Lanternn is a cloud-native, hardware-agnostic SaaS platform built on a patented Data Fusion Engine that ingests and correlates multi-layered inputs from CCTV cameras (including PTZ), roadside sensors, radar, weather feeds, navigation data, and connected vehicle sources. Core AI capabilities include computer vision for event detection (stopped vehicles, pedestrians, wrong-way driving, wildlife with lane-level geo-location), corridor-level anomaly detection that filters routine congestion, predictive risk profiling combining historical crash data with live conditions, and a unified operator interface for incident validation and response. The platform is cloud-agnostic across AWS, Azure, and Google Cloud, carries ISO 27001 and ISO 27017 certifications in process, is GDPR-compliant, and operates under a 99.9% uptime SLA.
Valerann sells through direct enterprise sales to road authorities and concessionaires, supported by implementation partners such as Roughan & O'Donovan, with no channel or reseller distribution. Revenue is generated through multi-year SaaS subscriptions with credential-based licensing (up to 20 credentials per initial license, additional licenses at incremental cost) plus professional services for configuration, calibration, and ongoing integration. Pricing is quote-based and not publicly disclosed. The company has raised approximately US$22.8 million across disclosed rounds, with the most recent being a US$17 million Series A in February 2022 led by HG Ventures earmarked for UK, European, and Americas expansion.
Valerann firmographics
Firmographics- Name
- Valerann
- Legal name
- Valerann Ltd.
- Website
- https://valerann.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Valerann is a London-based software company selling Lanternn, an AI-powered traffic management SaaS platform, to government road authorities and toll road concessionaires across 12 countries for real-time incident detection, data fusion, and roadway situational awareness.
- Ownership category
- akta.pro rank
Valerann industry classification
Industry- Product category
- Intelligent Transportation Systems Software
- akta.pro primary industry
- V2X Message & Data Exchange Platforms (SPaT/MAP, TIM, CAM/DENM Brokers) (TLAJAHAF)
Keywords
Where Valerann is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Valerann business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Lanternn Software Platform License: SaaS-based software licensing model where Lanternn is provided as a proprietary licensed software solution. Customers receive credentials (up to 20 per initial license) with additional licenses available at additional cost. Delivered as cloud-native SaaS with 99.9% uptime guarantee.
- Professional Services & Implementation: Configuration support, calibration services, and integration work. The company provides outsourcing expertise including configuration support, event validation, reporting configuration, and ongoing data source and integration updates as part of customer engagement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise SaaS licensing for road operators |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels8 records
Valerann product offering
Product offeringCore offering
Valerann sells Lanternn by Valerann™, a cloud-native AI-powered data analytics platform for road traffic management. The platform fuses data from CCTV, sensors, radar, connected vehicles, navigation feeds, and weather systems to provide road network operators with real-time situational awareness, automated incident detection, risk profiling, and an operator interface for incident validation and response. It is delivered as enterprise SaaS with professional services for integration and calibration.
Product overview
Valerann offers a single unified product platform: Lanternn by Valerann™ — an AI-powered traffic management platform. The platform is modular and deployable in phases, offering detection, fusion, workflow, and analytics capabilities that can operate independently or as a unified platform. Core components include the Data Fusion Engine, AI-powered computer vision detection, incident management suite, risk profiling, and operator interface. Lanternn is hardware-agnostic, cloud-native, and delivered as SaaS.
Differentiator
Problem solved
Functional benefit
Brands
- Lanternn by Valerann: AI-powered data analytics platform for road traffic management providing real-time situational awareness, incident detection, and risk profiling for road operators.
Products and services
- Lanternn by Valerann™ Cloud-native, modular AI-powered data analytics platform for road traffic management that fuses data from CCTV cameras, roadside sensors, radar, connected vehicles, navigation feeds, and weather systems to provide road network operators with real-time situational awareness, automated incident detection, validation, risk profiling, and an operator interface for incident response. Sold to government transportation agencies and toll road operators via enterprise SaaS subscriptions with implementation services.
- Lanternn Professional Services & Implementation Configuration, calibration, integration, and ongoing data source management services delivered to Lanternn customers to support deployment, validation, and operation of the platform within existing traffic management environments. Includes event validation, reporting configuration, and integration updates as part of customer engagement.
Quantifiable outcome
- Up to 35 minutes faster incident detection on Ireland's M1 and M6 motorways
- +9 more outcomes
Companies that use Valerann
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Valerann technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature6 records
Valerann partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- European Space Agency (ESA)flagship€3.6 million contract awarded to develop an AI and satellite data-enabled traffic monitoring platform. The platform will integrate data from various sources including GNSS to enhance real-time traffic management and incident detection across large networks and rural areas, with the goal of reducing traffic accidents and improving emergency response times nationally and internationally.
Scale indicators12 records
Expansion highlights6 records
Valerann competitors and assessment
Company assessmentDirect peers
- NoTraffic: NoTraffic offers an AI-powered traffic management platform that fuses roadside sensors and computer vision to optimise signalised intersections and corridors. It targets municipalities and DOTs with similar AI/data-fusion value propositions to Lanternn.
- INRIX: INRIX is a major provider of traffic data, road analytics and incident intelligence to transportation agencies and OEMs. It competes with Valerann in the traffic data fusion and situational awareness layer used by road operators.
- Derq: Derq applies AI computer vision and sensor fusion at intersections and arterials to predict and prevent crashes for road authorities and smart cities — directly comparable technology stack and customer base to Valerann.
- Rekor Systems: Rekor (which acquired Waycare in 2021) provides AI-driven roadway intelligence, vehicle recognition and traffic analytics for DOTs and smart city operators. It is the closest direct peer to Valerann in AI-based traffic incident detection and management.
- Iteris: Iteris provides intelligent transportation systems, traffic analytics and mobility consulting to state DOTs and municipalities, with overlapping use cases in incident detection, traffic management and roadway analytics.
Broad incumbents
- Conduent Transportation: Conduent provides tolling, road user charging and transit technology to transportation agencies. It competes indirectly with Valerann where customers procure toll-road operations and traffic management as a bundle.
- Cubic Transportation Systems: Cubic delivers tolling, traffic management and transport payment solutions to agencies globally. It overlaps with Valerann in toll-road incident management and real-time traffic operations.
- Kapsch TrafficCom: Kapsch is a global incumbent in tolling, connected vehicle and ITS solutions. Its broad portfolio overlaps with Valerann's incident management and traffic operations capabilities, but Kapsch sells much wider hardware/software systems.
- Siemens Mobility: Siemens Mobility supplies advanced traffic management systems (Sitraffic) to road authorities worldwide. It is an incumbent competitor with the installed base and bundling power to challenge Valerann in enterprise tenders.
Emerging players
- Aimsun: Aimsun provides traffic simulation, prediction and dynamic traffic management software used by public agencies and consultants. It overlaps with Valerann's predictive/analytics layer for road operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights5 records
Customer concentration
Valerann social profiles
Digital presenceValerann compliance and trust
Trust signalCompliance3 records
Valerann financial estimates
Financial estimateRevenue estimate
Valuation estimate
Valerann leadership team
Management profileNumber of profiles
Profiles4 records
Valerann funding detail
Funding detailFunding overview
Funding rounds4 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Valerann M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Valerann
What does Valerann do?
Valerann sells Lanternn by Valerann™, a cloud-native AI-powered data analytics platform for road traffic management. The platform fuses data from CCTV, sensors, radar, connected vehicles, navigation feeds, and weather systems to provide road network operators with real-time situational awareness, automated incident detection, risk profiling, and an operator interface for incident validation and response. It is delivered as enterprise SaaS with professional services for integration and calibration.
Is Valerann a public or private company?
Valerann is a private company. It is classified as venture growth investor backed and is currently operating.
When was Valerann founded?
Valerann was founded in 2021. It employs 11 to 50 people.
Where is Valerann based?
Valerann is headquartered in London, United Kingdom, in the Europe region.
How does Valerann make money?
Two revenue lines are on record. Lanternn Software Platform License is the primary driver. The others are professional Services & Implementation.
Who are Valerann's main competitors?
Direct peers on record are NoTraffic, INRIX, Derq, Rekor Systems and Iteris. Broad incumbents are Conduent Transportation, Cubic Transportation Systems, Kapsch TrafficCom and Siemens Mobility. Aimsun is listed as an emerging player.
Does Valerann have an API?
Yes. Lanternn offers a secure event integration API that allows validated alerts to be integrated into third-party systems. The platform can be deployed with or without incident management capabilities, allowing road authorities to use the platform purely for monitoring and detection where existing systems are already in place via an incident detection API.
What industry is Valerann in?
Valerann's product category is Intelligent Transportation Systems Software. Its primary akta.pro industry code is TLAJAHAF, V2X Message & Data Exchange Platforms (SPaT/MAP, TIM, CAM/DENM Brokers).