INRIX, Inc. logo as of Dec 2012
|Industry||Analytics, automotive, mobility and transportation|
|Founders||Bryan Mistele, Craig Chapman|
|Headquarters||Kirkland, Washington, United States|
|Bryan Mistele, CEO; Mark Daymond, CTO; Scott Sedlik, SVP Public Sector & Enterprise; Joe Berry, SVP Automotive|
|Products||Roadway traffic and parking information|
|Owner||August Capital, Venrock, Bain Capital Ventures, Kleiner Perkins, Porsche SE, Intel Capital|
Number of employees
|350 (May 2019)|
INRIX is a private company headquartered in Kirkland, Washington. It provides location-based data and analytics, such as traffic and parking, to automakers, cities and road authorities worldwide, and in turn-by-turn navigation applications like Google Waze. INRIX also develops mobile phone and in-car apps and publishes annual reports on traffic congestion, parking, and autonomous vehicles in major cities.
INRIX was founded in 2004 as a spin-off of Microsoft Research. Since 2005, the company has raised $112 million in venture capital funding over five rounds from August Capital, Venrock, Bain Capital Ventures, Kleiner Perkins, Porsche SE and Intel Capital.
INRIX acquired ITIS, ParkMe, and OpenCar in 2011, 2015, and 2016 respectively. ITIS delivered daily traffic and travel information to millions of European drivers. Santa Monica, California-based ParkMe identified available parking spots and compares prices. OpenCar created applications and an open-sourced application framework for the car.
INRIX collects anonymized data on congestion, traffic incidents, parking and weather-related road conditions from millions of data points daily in over 80 countries. The data is aggregated from connected cars and mobile devices, state's Department of Transportation, cameras and sensors on roadways, and major events expected to affect traffic. In addition, INRIX works with local authorities to digitize rules of the road for highly automated vehicles (HAVs) operating on public roads, and information gathered from HAVs can be used for infrastructure improvements.
In addition to its business-to-business solutions, INRIX develops its own apps and works with app developers for its OpenCar infotainment product. INRIX Traffic is an app that advises users on the ideal time to leave based on historical and real-time traffic data along their planned trip. The ParkMe Parking app helps users find, pay and drive to available parking near their destination. INRIX Traffic and ParkMe Parking are available on iOS and Android devices.
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