Artificial intelligence (AI) startup Hayden AI has announced $90 million in new growth equity financing. The Series C round was led by The Rise Fund, the multi-sector strategy of TPG’s global impact investing platform, and was supported by existing investors such as the Drawdown Fund and Autotech Ventures, among others. This investment will help accelerate the company’s research, development and growth.

The funding comes as Hayden AI has expanded its market leadership and customer base both domestically and internationally in the $748 billion smart city market.

“With The Rise Fund, we can develop our platform into a true urban operating system – processing data and generating actionable insights that help cities become more livable for everyone,” said Chris Carson, founder and CEO of Hayden AI. “This new financing lets us invest in long-term technology development to explore new applications for our platform. TPG’s The Rise Fund has a long track record of successfully scaling socially impactful companies across the technology and climate sectors and we are thrilled to partner with them to continue to empower cities to transform sustainability, road safety, and accessibility.”

Hayden AI’s vision AI platform leverages geospatial data collection sensor systems to provide comprehensive smart city intelligence and is trusted by some of the nation’s largest cities and transit agencies, including New York’s MTA, Washington DC’s Metro, Los Angeles Metro, the East Bay’s AC Transit, and others, to detect and enforce parking and moving violations that obstruct public transportation and road safety.

Hayden AI’s platform can be mounted on virtually any vehicle type – providing a level of insight and situational awareness that cities can use to make better decisions to achieve both their operational and sustainability goals.