AssetIntel™ Announces Strategic Growth Partnership with The Riverside Company
AssetIntel™ is pleased to announce a strategic growth partnership with The Riverside Company, a global investment firm with extensive experience supporting software and technology businesses.
Over the past decade, AssetIntel™ has had the privilege of serving transportation agencies and infrastructure owners across North America, including state departments of transportation, federal agencies, transit authorities, municipalities, and private-sector organizations. We are deeply grateful for the trust our clients have placed in us and for the dedication of our employees, partners, and stakeholders whose hard work and commitment have made this milestone possible.
Since our founding, AssetIntel™'s mission has been to help transportation agencies and infrastructure owners better inspect, manage, and preserve critical infrastructure assets. Through solutions such as inspectX™, manageX™, emergencyX™, and SNBIX™, we have worked to modernize infrastructure management and support informed decision-making across the transportation industry.
As we look toward the future, we are excited to welcome Riverside as a growth investor and strategic partner. This partnership will enable AssetIntel™ to continue investing in our products, our people, and the services we provide to our clients. It will also help accelerate product innovation, expand into adjacent infrastructure markets and asset classes, and support the development of complementary solutions that provide even greater value to infrastructure owners and operators.
"This partnership represents an exciting milestone in AssetIntel's journey," said Hooman Parvardeh, CEO of AssetIntel™. "Over the past decade, we have worked alongside transportation agencies and infrastructure owners to modernize how critical assets are inspected, managed, and preserved. As we look ahead, we will continue investing in innovative solutions, expanding our platform, and creating even greater value for the organizations and communities we serve."
As AssetIntel enters its next chapter, our focus remains on helping transportation agencies and infrastructure owners better manage the assets that connect and support our communities. We are excited about the opportunities ahead and look forward to continuing to serve our clients and advancing transportation infrastructure management technology for years to come.
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