Obvio has raised $22 million in a Series A funding round led by Bain Capital Ventures to expand its innovative stop sign camera technology aimed at improving road safety.
Jun 04, 2025•6 months ago
Amount Raised
$22 Million
Round Type
series a
Investors
Bain Capital Ventures
Description
Obvio has completed a $22 million Series A funding round led by Bain Capital Ventures. The company aims to use the funds to expand beyond its initial five cities of operation in Maryland. Their technology uses cameras at stop signs to enhance road safety without excessive surveillance. Founders Ali Rehan and Dhruv Maheshwari emphasize responsible data use as they address pedestrian safety concerns.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech