INRIX Acquisition, Valuation, Funding & Investors
INRIX was acquired by Arity in October 2026.
INRIX acquisition price
Undisclosed
Acquired by Arity · Oct 2026
INRIX revenue at acquisition
$100M
Last twelve months · Oct 2026
Cumulative funding INRIX raised
$46M
across 2 funding rounds
Key investors in INRIX
Porsche Ventures
Intel Capital
General Motors
About INRIX
INRIX is a mobility analytics and connected-car services company, founded in 2004 and spun out of Microsoft Research, that turns data from connected vehicles and devices into traffic and mobility insights. Its Traffic Intelligence platform draws on data from more than 175 million vehicles and devices to cover 6.4 million kilometers of roads across 40 countries, powering navigation systems that predict optimal routes. The company has worked with automakers and public agencies, including a collaboration with General Motors on Safety View, a cloud-based application that uses connected-vehicle and public-safety data to help transportation officials plan and measure roadway safety programs.
Founded
2005
HQ
Seattle, WAWebsite
Status
Acquired
Customer focus
B2B & B2G
Revenue model
Subscription, Usage-based
Revenue
$136M (Sep 2014)
Valuation
$710M (Aug 2022)
INRIX Acquisition
INRIX was acquired by Arity for an undisclosed price on 16 October 2026.
Before the acquisition INRIX had raised $46M across 2 funding rounds.
Arity, a mobility data subsidiary of The Allstate Corporation, entered into a definitive agreement on 16 October 2026 to acquire substantially all of the assets of INRIX. Financial terms were not disclosed, and the transaction is expected to close in 2026 subject to customary closing conditions. Arity president Gary Hallgren said transportation operates as one connected system while the intelligence used to understand it remains fragmented, and the companies said combining Arity's insights on driving behavior and risk with INRIX's transportation intelligence and mobility analytics would give organizations greater context for decisions. INRIX co-founder and chief executive Bryan Mistele said a complete understanding of how people, vehicles, roads and goods interact can lead to better outcomes. INRIX raised USD 70 million from Morgan Stanley in 2023. The company was founded in 2004 in the Seattle area of Washington state and turns data from connected devices and vehicles into mobility insights using machine learning and AI. For more than two decades it has served public and private sector customers, including insurers, businesses moving goods and public agencies.
| Acquirer | Date | Type |
|---|---|---|
| 16 Oct 2026 | Strategic M&A |
Sources: prnewswire.com, bizjournals.com, geekwire.com, dealroom.co
INRIX Valuation
INRIX is currently valued at $710M, based on its Series F in August 2022.
The $10M round was led by General Motors.
INRIX's valuation has grown 1.3x from $550M at its Series E in March 2014 to $710M in August 2022, across 3 priced rounds.
INRIX valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Aug 2022 | Series F | $710M | - |
| Sep 2014 | Secondary | $550M | 4.0x |
| Mar 2014 | Series E | $550M | - |
INRIX Revenue
INRIX's latest recorded revenue is $136M, as of its secondary sale in September 2014. At a $550M valuation, that implies a 4.0x revenue multiple.
INRIX revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Sep 2014 | $136M | $550M | 4.0x | Secondary |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
INRIX Funding History
INRIX has raised a total of $46M across 2 funding rounds, plus 1 secondary share sale.
INRIX's first fundraising round was a $36M Series E in March 2014. The most recent completed round was a $10M Series F in August 2022.
INRIX funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2022 | Series F | General Motors (lead) | $10M | $710M | INRIX is a mobility analytics and connected car services company founded in 2004 that transforms data from connected devices and vehicles into mobility insights. In May 2022, INRIX announced a strategic collaboration with General Motors to develop Safety View, a cloud-based SaaS application leveraging connected vehicle data, public safety information, and demographic data to help transportation officials plan and measure roadway safety initiatives. The Safety View platform became widely available to transportation planners nationwide by August 2022, designed to support Vision Zero goals and U.S. Department of Transportation Safe Streets and Roads for All grant applications, which provided $5 billion in discretionary funding as part of the Bipartisan Infrastructure Law. INRIX has raised over $120 million in venture capital funding from investors including General Motors, Venrock, August Capital, and Porsche Ventures, and has acquired four companies including Ride Report in November 2023. |
| Sep 2014 | Secondary | Porsche Ventures (lead) | $55M | $550M | INRIX is a US-based provider of real-time traffic information, analytics, and driver services for connected cars and smart cities, founded in 2004 and headquartered in Kirkland, Washington. Its Traffic Intelligence platform analyzes data from over 175 million vehicles and devices to cover 6.4 million kilometers of roads across 40 countries. On September 12, 2014, Porsche Automobil Holding SE (Porsche SE) invested around $55 million for approximately a 10% stake through primary and secondary shares, implying a $550 million company valuation. Philipp von Hagen, Porsche SE's executive board member for investment management, joined INRIX's board of directors as part of the strategic investment focused on automotive connectivity and mobility trends. Prior to this transaction, INRIX had raised approximately $78.3 million from investors including Bain Capital, Venrock, August Capital, and Kleiner Perkins Caufield & Byers, plus $37 million in 2011 venture capital used to acquire ITIS Holdings. The investment supports INRIX's transformation from a traffic data company to a leader in connected car and smart city solutions, with expected double-digit growth. Porsche SE views this as the first step in building a portfolio of investments along the automotive value chain beyond its majority stake in Volkswagen Group. |
| Mar 2014 | Series E | Intel Capital (lead); Porsche Ventures (lead) | $36M | $550M | INRIX, a Kirkland, Washington-based provider of real-time traffic data and tools spun out of Microsoft Research in 2005, received a $55 million investment from Porsche Automobil Holding SE in September 2014, valuing the company at roughly $550 million. The funding, the first external investment since 2007, included primary and secondary components, with about half used to cash out early investors and the rest to accelerate growth in connected car services. Porsche acquired approximately a 10% stake through its family fund, marking its initial move into mobility and connectivity investments complementing its Volkswagen AG holding. Intel Capital's involvement appears in a separate $62 million batch across 16 startups announced around the same period, without specified amount or valuation impact for INRIX. INRIX operates the world's largest traffic network, analyzing real-time data from over 175 million vehicles and devices across 40 countries, covering 6.4 million kilometers of roads. Its Traffic Intelligence platform enables navigation systems to predict optimal routes and serves 75% of connected cars in the U.S. The company, employing about 350 people at the time, had previously raised around $78 million cumulatively, including $37 million in 2011 from Kleiner Perkins to acquire UK-based ITIS Holdings, expanding its global footprint. The investment positioned INRIX for transition from VC backing to strategic investors, with discussions of a potential IPO though no firm timelines. CEO Bryan Mistele highlighted the alignment with Porsche's vision for connected cars and smart cities. Porsche board member Philipp von Hagen joined INRIX's board, emphasizing traffic data's role in automotive megatrends. |
Who has invested in INRIX?
3 investors have backed INRIX across its funding rounds, including Porsche Ventures, Intel Capital and General Motors.
Lead investors include General Motors, Porsche Ventures and Intel Capital.
INRIX Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Stuttgart | 2 | Lead | Mar 2014 | |
This data is available for Pro users. Sign up to see all 3 INRIX investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by INRIX
INRIX has acquired 3 companies to date.
Last acquisition by INRIX was on November 13th 2023. INRIX acquired Ride Report for undisclosed valuation.
Latest Acquisitions by INRIX
| Description | Ride Report is a mobility data platform that processes anonymized trip data from shared vehicles, offering real-time location tracking, compliance alerts for no-ride zones, historical pattern analysis, and operator invoicing tools. | Opencar is a platform developer for connected vehicles that enables automakers, system integrators, and software developers to build automotive applications. The company focuses on in-car apps through its Rhino platform, which integrates with vehicle head units to deliver navigation, media, and productivity features without requiring smartphones. Headquartered in Seattle, Washington, Opencar partners with QNX and Harman International to deploy solutions in production vehicles from brands including Ford and Jaguar Land Rover. Launched in 2012, the platform supports HTML5-based app development across infotainment systems. | ParkMe is a San Francisco-headquartered provider of real-time parking data distributed to app developers, map providers, and GPS navigation systems. The company aggregates information from operators and municipalities worldwide, enabling drivers to select spots by price or proximity with direct routing. ParkMe maintains partnerships with leading navigation firms for instantaneous availability updates across North America and Europe. |
| HQ Country | | | |
| HQ City | Portland, OR | Seattle, WA | Los Angeles, CA |
| Deal Date | 13 Nov 2023 | 10 Mar 2016 | 9 Sep 2015 |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all INRIX acquisitions and their M&A valuation multiples. Start Free Trial | |||
INRIX Competitors
INRIX competitors include listed companies like MapmyIndia and Similarweb, and private ones like Flightradar24, Mapbox, Netradyne and Radar.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Stockholm | Private | $45M | - | $436M | 9.8x | |
 India | Publicly listed | $50M | $21M | $489M | 7.6x | |
| Washington, DC | Private | $100M | - | $1.3B | - | |
| San Diego, CA | Private | $31M | - | $1.4B | 43.5x | |
| New York City, NY | Private | - | - | $365M | - | |
| United States | Publicly listed | $283M | ($15M) | $729M | 2.2x |
INRIX Public Comps
INRIX is no longer listed, but its public comps include Similarweb, SuperMap, WingArc1st, Keytop Parking, Beijing Join-Cheer, Queclink, Cognyte Software, Plus Alpha Consulting, TomTom and Happiest Minds Technologies.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $283M | ($15M) | 2.5x | 2.2x | (48.1x) | 23.4x | |||
| $226M | $26M | 2.6x | 3.3x | 22.5x | 42.3x | |||
| $196M | $69M | 3.5x | 3.3x | 10.1x | 10.5x | |||
| $125M | $29M | 5.7x | - | 24.4x | - | |||
| $388M | $11M | 1.7x | - | 60.0x | - | |||
| $134M | $12M | 3.5x | 2.9x | 37.9x | 25.8x | |||
| $400M | $21M | 1.4x | 1.3x | 25.8x | 8.8x | |||
| $108M | $36M | 4.5x | 3.9x | 13.7x | 9.7x | |||
This data is available for Pro users. Sign up to see all INRIX competitors and their valuation data. Start Free Trial | ||||||||
Common questions about INRIX
| When was INRIX founded? | INRIX was founded in 2005. |
| Where is INRIX headquartered? | INRIX is headquartered in Seattle, WA, United States. |
| Is INRIX publicly listed? | No, INRIX was acquired by Arity in October 2026. |
| Who acquired INRIX? | INRIX was acquired by Arity in October 2026. |
| What is INRIX's valuation? | INRIX was last valued at $710M in its Series F in August 2022. |
| How much funding has INRIX raised? | INRIX has raised $46M across 2 funding rounds. |
| What was INRIX's last funding round? | INRIX's last funding round was a $10M Series F in August 2022, led by General Motors. |
| Who are INRIX's investors? | INRIX's investors include Porsche Ventures, General Motors and Intel Capital. |
| What is INRIX's revenue? | INRIX's latest recorded revenue is $136M (September 2014). |
| What is INRIX's revenue multiple? | INRIX's latest valuation implies a 4.0x revenue multiple ($550M valuation on $136M of revenue). |
| Which companies are comparable to INRIX? | Companies comparable to INRIX include Flightradar24, MapmyIndia, Mapbox, Netradyne, Radar and Similarweb. |
| How many companies has INRIX acquired? | INRIX has acquired 3 companies, including Ride Report, Opencar and ParkMe. |
See companies similar to INRIX
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.