Monday Jun 23, 2025
NEWSLETTER
www.israelhayom.com
  • Home
  • Iran War
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
  • Home
  • Iran War
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
Home Science & Technology Startup Nation Tech Bits

A world without parking tickets: Israeli startup Wisesight raises $4M in Series A

by  Noga Martin/ILH Startup Editor
Published on  07-05-2021 19:28
Last modified: 07-05-2021 19:28
A world without parking tickets: Israeli startup Wisesight raises $4M in Series ACourtesy

Wisesight's founders | Photo: Courtesy

Share on FacebookShare on Twitter

Wisesight, an Israeli startup that develops advanced technological solutions for managing "smart cities" as well as a solution for the parking shortage problem has raised $4 million in a Series A funding round, the company announced Sunday. The round was led by private investors from Israel and abroad.

Follow Israel Hayom on Facebook and Twitter

The company is currently in the process of expanding to the United States, Europe, and the United Arab Emirates.

Wisesight's system maps vehicles parked on the street and on parking lots throughout the city and checks whether parking-payment services apps such as Israel's Pango and Cellopark have been activated. The same system applies to other countries' parking payment apps. If an app user has not activated it, the subscriber receives a text message so they can avoid a ticket. The company's vision is a "world without parking tickets" and strives to make Israel the country with the lowest rate of parking tickets per capita.

Co-founder and CEO of Wisesight Akiva Armon said, "This money will allow us to continue to fulfill our dream – a world without parking tickets with fewer traffic jams and air pollution. The goal now is to accelerate our expansion process in Israel and around the world and distribute our product as a PLUG & PLAY product that can be quickly implemented in the field by teams that have undergone simple training on the subject."

Related Posts

Arieli EL acquires 59.1% stake in Elron Ventures for $53.2MGetty Images/iStockphoto

Arieli EL acquires 59.1% stake in Elron Ventures for $53.2M

by ILH Staff

Arieli EL, part of the Arieli group of companies, has announced the acquisition of a 59.1% stake in veteran cyber...

Magnus Metal raises $74M in Series B fundingGetty Images/SARINYAPINNGAM

Magnus Metal raises $74M in Series B funding

by ILH Staff

  Magnus Metal, a company pioneering digital metal casting technology, raised $74 million in Series B funding. This funding will...

Morphisec launches anti-ransomware assurance suite powered by AMTDGetty Images/iStockphoto, gorodenkoff

Morphisec launches anti-ransomware assurance suite powered by AMTD

by ILH Staff

  Morphisec, a leading cybersecurity provider, announced the Anti-Ransomware Assurance Suite, an innovative offering to help organizations reduce cyber risk...

Menu

Analysis 

Archaeology

Blogpost

Business & Finance

Culture

Exclusive

Explainer

Environment

 

Features

Health

In Brief

Jewish World

Judea and Samaria

Lifestyle

Cyber & Internet

Sports

 

Diplomacy 

Iran & The Gulf

Gaza Strip

Politics

Shopping

Terms of use

Privacy Policy

Submissions

Contact Us

About Us

The first issue of Israel Hayom appeared on July 30, 2007. Israel Hayom was founded on the belief that the Israeli public deserves better, more balanced and more accurate journalism. Journalism that speaks, not shouts. Journalism of a different kind. And free of charge.

All rights reserved to Israel Hayom

Hosted by sPD.co.il

  • Home
  • Iran War
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il

Newsletter

[contact-form-7 id=”508379″ html_id=”isrh_form_Newsletter_en” title=”newsletter_subscribe”]

  • Home
  • Iran War
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il