BusPatrol, a Lorton, VA-based school bus safety technology provider, received a strategic growth investment from GI Partners.
The amount of the deal was not disclosed. GI Partners joined FIT Ventures as investors in BusPatrol.
The company intends to use the funds to continue to scale and diversify products within the public safety space.
Founded in 2017 and led by CEO Karoon Monfared, BusPatrol specializes in school bus safety solutions, which partners with school districts, law enforcement agencies, and municipalities to deter illegal and dangerous passes of stopped school buses. BusPatrol provides partners with technology that modernizes school bus fleets, including a platform for capturing and processing violations. Beyond stop-arm enforcement, it also offers school districts cloud-connected internal cameras and telematics data, so schools are empowered with the technology they need to ensure their students a safe journey to and from school.
FinSMEs
10/01/2024