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Next time you think about double parking, remember a San Francisco-based startup just raised a big Series C to help make sure you don鈥檛.

, a vision AI platform, locked in a $90 million growth equity round led by 鈥� 鈥檚 impact investing platform 鈥� with participation from existing investors , and others.

While the company鈥檚 platform uses cameras mounted on buses that can spot illegal parking or moving violations, it also can do more. The platform uses geospatial data collection sensor systems to give cities insights to improve traffic safety and accessibility. It can detect and predict traffic congestion, improve transportation networks and more.

鈥淲ith The Rise Fund, we can develop our platform into a true urban operating system 鈥� processing data and generating actionable insights that help cities become more livable for everyone,鈥� said , founder and CEO.

The company said in New York City its automated camera enforcement has resulted in 5% faster buses and 20% fewer vehicle collisions.

Founded in 2019, the company has now raised more than $193 million, .

Govtech goes big

The funding is the largest received by a startup in the govtech sector this year, but it is by no means the only one.

In fact, govtech startups have already raised $271.4 million this year, . That already surpasses last year鈥檚 total of $249.7 million invested into the sector.

In addition, govtech saw a huge exit back in February, when software provider agreed to to existing shareholder at a $1.8 billion valuation.

That deal caught a lot of investors鈥� attention 鈥� which likely hasn鈥檛 hurt fundraising in the sector.

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