42dot

Integrated platform for urban transportation management

Seoul, South Korea

About 42dot

42dot.ai operates in the smart mobility and urban transportation sector, offering an integrated platform called UMOS (Urban Mobility Operating System). This platform connects various modes of transportation, such as cars and drones, into a unified system to enhance transportation management and logistics. UMOS uses advanced technologies to provide services like demand response and smart material logistics, making it easier for cities to optimize their transportation networks. Unlike its competitors, 42dot.ai focuses on a comprehensive solution that integrates multiple transportation modes, catering to city governments, transportation agencies, and private companies. The goal of 42dot.ai is to improve operational efficiency, reduce costs, and enhance the user experience for commuters and logistics providers in urban environments.

Seoul, South KoreaHeadquarters
2019Year Founded
$123.9MTotal Funding
GROWTH_EQUITY_NON_VCCompany Stage
Data & Analytics, Automotive & Transportation, Government & Public SectorIndustries
201-500Employees

Risks

Tech giants like Google and Amazon expand in mobility services, threatening 42dot's market share.
Rapid advancements by companies like NVIDIA may outpace 42dot's autonomous driving development.
Regulatory changes in autonomous vehicles could increase compliance costs for 42dot.

Differentiation

42dot's UMOS platform integrates multiple transportation modes into a single cohesive system.
The company partners with Samsung to develop an AI-powered software-defined vehicle platform.
42dot focuses on smart city infrastructure, enhancing urban mobility through advanced technologies.

Upsides

Hyundai and Kia's $185 million investment boosts 42dot's talent acquisition and development.
The global MaaS market is projected to grow at a 25% CAGR until 2030.
5G technology enhances connected vehicles, benefiting 42dot's integrated transportation systems.

Funding

Total raised$123.94 M
Latest valuation$588.37 M
StageGROWTH_EQUITY_NON_VC