Round2 Capital has provided GoodVision with seven-figure revenue-based financing.
The size of the non-dilutive facility was not further disclosed. GoodVision will use the proceeds to expand its commercial organisation, diversify its customer base and accelerate deployments, with a focus on the US.
Founded in 2017 by Chief Executive Daniel Štofan, GoodVision is based in London with research and operations in Prague. Its software converts existing roadside CCTV and IP cameras into real-time traffic sensors.
The company has more than 100 enterprise customers in over 50 countries and is cash-flow positive.
The financing follows a €2.7 million equity round in January 2023 from Lead Ventures, Credo Ventures and Sofia Angels Ventures.
Vienna-based Round2 was founded in 2017 and has €170 million under advisory. The EIF-backed firm held a €62 million first close for Fund II in November 2022, targeting €100 million.
Round2 also provided seven-figure revenue-based financing to PreciTaste in June 2026.