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Axilion
AI-powered digital twin for urban traffic optimization
About Axilion
Axilion Smart Mobility, founded in 2009 by Ilan Weizman, is an artificial intelligence software company that develops systems for managing urban traffic. The company, publicly traded on the Tel-Aviv stock exchange (AILN), has offices in Israel, the US, UAE, and Europe. Axilion specializes in creating AI-based digital twins of city traffic networks to optimize traffic light timing, reduce congestion, and lower carbon emissions.
The company's core product is the X Way Suite, which includes a Mobility Digital Twin platform. This technology uses AI, computer vision, and data analytics to create a virtual replica of a city's road network. By analyzing data from traffic sensors and connected vehicles, the platform simulates traffic flows and generates real-time recommendations for optimizing traffic signal patterns. This allows traffic engineers to create "green waves," enabling smoother vehicle flow, reducing travel times by up to 40%, and significantly cutting CO2 emissions. The system also prioritizes specific vehicle types, such as public transit, which has led to increased ridership in some use cases.
Axilion operates on a B2B and B2G (Business-to-Government) model, serving cities and municipal authorities worldwide. Its strategy often involves partnerships with major technology providers, such as Microsoft, utilizing platforms like Azure to deliver its SaaS solutions. Revenue is generated by charging cities for traffic management services and through Azure credits for data processing from connected cameras. The company has deployed its solutions in various cities, including Jerusalem, and is expanding its presence in the United States and Europe through strategic partnerships.
Source: Dealroom company dataAt a glance
- Founded
- 2009
- Headquarters
- Tel Aviv-Yafo, Israel
- Sector
- Transportation
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Leading Cities
Sixt Ventures
Mark Joseph- SDShy Datika
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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