StreetLight Knowledge introduced its new analytics product, StreetLight Superior Site visitors Counts, supposed for “business actual property professionals, who want dependable insights to tell website choice choices.”
“StreetLight Superior Site visitors Counts supplies prospects with an in depth set of insights that can be utilized for understanding site visitors patterns close to potential websites, a essential enter for the true property website choice course of,” the corporate stated. “The pre-processed metrics embody car and pedestrian counts, journey traits, and traveler demographics for greater than 8 million highway segments overlaying the nation.” The product supplies “analytics that mirror present traits and are persistently validated towards everlasting site visitors counters, and by transportation trade professionals.”
StreetLight added that the providing is particularly designed for retail operators and CRE professionals. “Firms working quick meals eating places, comfort shops, or automotive washes must know the amount and circulate of site visitors close to standard freeway off-ramps to find out if opening a brand new location could be precious; or, if closing an current one could be prudent,” the corporate stated.
There are different apparent potential makes use of as properly. An organization creating parking tons would seemingly wish to know the place site visitors patterns have been strongest. An infill logistics location would seemingly wish to select location that balanced entry to main site visitors methods with a capability to extra simply get truck site visitors from and onto the streets.
“Our new Superior Site visitors Counts providing is a essential and highly effective new device for trade professionals engaged in website choice,” stated StreetLight CEO Laura Schewel. “Pandemic-impacted modifications in how and the place we dwell, work, and commute proceed to drive flux in native and regional site visitors. Understanding granular demand by mode of journey, even the route of site visitors, can have big implications for actual property choices, and we’re excited to present our prospects the information they should develop and handle their companies. We all know this device can even be precious to others in search of to grasp broad nationwide traits in mobility for its affect on emissions, fairness, and the financial system.”
Based on startup knowledge supply Crunchbase, Streetlight Knowledge is a personal firm that has raised $44.4 million over six funding rounds, the newest being in 2020.
Jacobs purchased Streetlight Knowledge again in February, saying that the addition “accelerates Jacobs’ technique in rising its end-to-end digital options portfolio and concentrate on ESG, whereas including excessive development, extremely recurring income software program companies that provide large worth for its purchasers and the communities they serve.”
