March 2019 Salt Lake City, UT
In March 2019, Enhanced Capital made a debt investment in Blyncsy, Inc., a powerful technology and software company that captures data and location analytics to keep traffic flowing and travelers’ commutes safe and timely. Through the Utah Rural Jobs program, this investment provides the Company with capital to purchase additional equipment to help reduce accidents and congestion.
Blyncsy has created a unique traffic sensor to understand congestion, travel times, and delay. This technology picks up electronic signals as people pass by throughout the day to gather tracking data that is more reliable than smartphone and GPS systems. The data retrieved is completely anonymous and is housed in a secure database. Located in Salt Lake City, Utah, the Company was founded to give cities, companies, and leaders better decision-making tools to optimize mobility. More information about Blyncsy.