Quantifly Company Profile

Background

Overview

Quantifly is a technology company specializing in transforming qualitative data into granular quantitative insights to inform critical decision-making processes. Founded in 2017 as a joint venture between Autonomous Scientific and Pivot Planning & Design, the company is headquartered in Syracuse, New York, with additional offices in Brooklyn, New York, and Detroit, Michigan.

Mission and Vision

Quantifly's mission is to revolutionize data collection and analysis by providing affordable, reliable, and accessible solutions that simplify complex data interpretation. Their vision is to empower organizations to make data-driven decisions through innovative technologies that enhance operational efficiency and strategic planning.

Primary Area of Focus

The company focuses on automating the observation, measurement, and analysis of urban changes, particularly in parking studies. By leveraging aerial imagery and advanced analytics, Quantifly offers comprehensive data solutions that replace traditional, labor-intensive parking studies.

Industry Significance

Quantifly's innovative approach addresses the growing need for efficient urban planning tools. By providing detailed and accurate data on parking demand and turnover, the company contributes to smarter city planning and development, aligning with global trends toward data-driven urban management.

Key Strategic Focus

Core Objectives

• Data Automation: Streamline data collection processes to reduce time and costs associated with traditional methods.

• Urban Planning Enhancement: Provide actionable insights that aid in effective city planning and infrastructure development.

• Scalability: Offer solutions that can be applied across various urban environments, from small towns to large metropolitan areas.

Specific Areas of Specialization

• Parking Studies: Automated analysis of on- and off-street parking utilization.

• Urban Analytics: Assessment of urban spaces to inform development and policy decisions.

Key Technologies Utilized

• Aerial Imagery: Utilization of drone and manned aircraft to capture comprehensive visual data.

• Computer Vision: Advanced algorithms to process and analyze visual data efficiently.

• Data Analytics: Tools to interpret complex datasets and generate actionable insights.

Primary Markets Targeted

• Municipalities: City planners and local government agencies seeking efficient data collection methods.

• Urban Developers: Companies involved in real estate and infrastructure development requiring detailed urban data.

• Transportation Consultants: Firms needing accurate parking and traffic data for planning and analysis.

Financials and Funding

Funding History

Quantifly has demonstrated consistent revenue growth since its inception:

• 2021: Launched with initial funding.

• 2022: Reported $2.3 million in revenue.

• 2023: Achieved $2 million in revenue.

• 2024: Reached $2.9 million in revenue.

Recent Funding Rounds

In March 2022, Quantifly raised a seed round, though specific details regarding the amount and valuation are not publicly disclosed.

Notable Investors

The company has received support from various investors, including participation in the GENIUS NY accelerator program, which is the largest drone/UAV startup competition and incubator globally.

Utilization of Capital

The funds have been allocated towards technology development, expanding service offerings, and scaling operations to meet the growing demand for data-driven urban planning solutions.

Pipeline Development

Key Pipeline Candidates

Quantifly's primary offering is its automated parking study solution, which has been successfully implemented in various cities to assess parking demand and turnover.

Stages of Development

The company is in the growth stage, focusing on refining its existing solutions and exploring new applications of its technology in urban analytics.

Target Conditions

The technology is designed to address challenges in urban planning, particularly related to parking management and infrastructure development.

Anticipated Milestones

Future milestones include expanding the geographic reach of their services, enhancing data analytics capabilities, and integrating additional urban data sources to provide more comprehensive insights.

Technological Platform and Innovation

Proprietary Technologies

• Automated Data Collection: Utilizing drones and aircraft to capture large-scale parking data efficiently.

• Advanced Data Analytics: Processing complex datasets to deliver actionable insights for urban planning.

Significant Scientific Methods

• Computer Vision Algorithms: Enabling accurate identification and counting of parked vehicles from aerial imagery.

• Geospatial Analysis: Mapping and analyzing parking patterns to inform infrastructure decisions.

Leadership Team

Key Executives

• Daniel Brooks: Co-Founder and CEO. Daniel has a background in urban planning and technology, leading the company's strategic vision and operations.

• Adrianna Jordan: Co-Founder and COO. Adrianna brings expertise in business development and operations, overseeing the company's growth and service delivery.

• Zachary Halberd: Co-Founder and CTO. Zachary specializes in technology development, driving innovation in the company's data collection and analysis platforms.

Competitor Profile

Market Insights and Dynamics

The urban planning and data analytics market is experiencing significant growth, driven by the increasing need for efficient city management and infrastructure development. Companies like Quantifly are well-positioned to capitalize on this trend by offering innovative solutions that streamline data collection and analysis processes.

Competitor Analysis

While specific competitors are not detailed in the available information, companies offering traditional parking study services and urban data analytics solutions may present competition. Quantifly differentiates itself through its automated, aerial imagery-based data collection methods, providing more efficient and scalable solutions compared to conventional approaches.

Strategic Collaborations and Partnerships

Quantifly's participation in the GENIUS NY accelerator program highlights its commitment to innovation and collaboration within the drone and UAV industry. This partnership has likely provided valuable resources and networking opportunities to enhance the company's technological capabilities and market reach.

Operational Insights

Quantifly's focus on automating data collection and analysis processes offers a distinct competitive advantage by reducing the time and costs associated with traditional methods. This efficiency enables the company to deliver timely and accurate insights, positioning it favorably in the urban planning and data analytics market.

Strategic Opportunities and Future Directions

Looking ahead, Quantifly aims to expand its service offerings by integrating additional urban data sources and enhancing its analytics capabilities. By leveraging its strengths in technology and data analysis, the company is well-positioned to address a broader range of urban planning challenges and contribute to the development of smarter, more sustainable cities.