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Los Angeles California based Drover AI is raising $5,500,000.00 in New Equity Investment.

Los Angeles California based Drover AI is raising $5,500,000.00 in New Equity Investment.

July 27, 2022 Craig Etkin

Los Angeles, CA – According to filings with the U.S. Securities and Exchange Commission, Drover AI is raising $5,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Christian Scheder played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Drover AI
We make PathPilot an advanced AI powered IoT technology designed to elevate last mile transportation fleets, increase operational efficiencies and eliminate regulatory compliance issues. Drover is using AI and machine learning to remove the primary pain points experienced by shared micromobility users, cities and operators. Beyond micromobility, Drover has the capability to harvest and manage various sets of valuable data with our proprietary sensor fusion technology.

To learn more about Drover AI, visit http://www.drover.ai/

Contact:
Christian Scheder, Chief Executive Officer
406-763-1922
christian@drover.ai
https://www.linkedin.com/in/christianscheder/

SOURCE: http://www.intelligence360.io
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Venture Capital
4480, California, Drover AI, Los Angeles, Los Angeles-Long Beach, Venture Capital

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