Integrated tolling, vehicle-identification and payments vendor with more than 200 patents and a 650-person international operation.
Neology, Inc. is a privately held transport-technology company headquartered in Carlsbad, California. It supplies vehicle identification, tolling, enforcement and payments technology to public authorities and road operators across North America, Latin America, Europe, the Middle East, Africa and Asia-Pacific. The company reports more than 650 employees, over 200 granted or pending patents, 15,000 toll devices, 5,000 lanes and 130 million transponders. Neology's present portfolio combines its passive RFID heritage with roadside detection, automatic number-plate recognition, vehicle classification, lane systems, back-office software and managed tolling services. Its Integrated Mobility Platform is offered as tolling-as-a-service, joining roadside events to accounts and payments. The company also operates specialist businesses including neoFleet and Neology PSquare. A major expansion came in 2017 when Neology acquired 3M's tolling and automated licence-plate-recognition business. That transaction added RFID readers and tags, classification systems, lane controllers, host and back-office software, and mobile and fixed ANPR products. 3M reported that the divested tolling and ANPR activity had approximately US$40 million of annual sales in 2016. Neology has no identified New Zealand RUC contract or approval. It is relevant because national RUC reform could require vehicle identity, roadside assurance, transponders, account processing, digital payments and telematics-based charging. These areas sit within Neology's established product range.
Tolling-as-a-service platform joining roadside detection, accounts, payments and customer processes.
Passive and active vehicle-identification products for tolling and electronic vehicle registration.
Fixed and mobile plate-reading, image review and vehicle analytics for tolling, public safety and enforcement.
Roadside sensors and processing used to classify vehicles and support the correct charge.
Controllers and software coordinating roadside equipment and passing transactions into central systems.
Account, transaction, customer and digital-payment processing for road operators.
Fleet and telematics capabilities supporting connected operations and evolving usage-based charging.
Secure RFID identity products linking registered vehicles with government and enforcement records.
Tolling-as-a-service stack
A modular platform spanning detection, transaction processing, accounts, payments and customer experience.
RFID, ANPR and classification
Patented hardware and software identify vehicles and create reliable events for charging or enforcement.
Neology was founded and began developing passive RFID and vehicle-identification technology.
The company expanded RFID products for electronic vehicle registration and tolling markets.
Neology acquired 3M's tolling and automated licence-plate-recognition business.
The acquisition added RFID, classification, lane-control, back-office and mobile/fixed ANPR products and teams.
Neology broadened its positioning from component supply toward integrated mobility and managed tolling services.
Brad Feldmann was publicly identified as chairman and chief executive as the company expanded its tolling leadership.
Neology continued development of an Integrated Mobility Platform covering tolling-as-a-service and patron experience.
The company reported 650+ employees, 200+ patents, 15,000 toll devices, 5,000 lanes and 130 million transponders.
Chairman and Chief Executive Officer
Leads Neology's international mobility and tolling business.
Chief Operating Officer
Responsible for operating execution across the company.
Chief Financial Officer
Senior Vice President and General Manager, North America and Asia-Pacific
Regional remit includes the market closest to New Zealand.
Senior Vice President and General Manager, neoFleet
Neology is not a current New Zealand RUC provider. Its relevance lies in technology needed around a charging scheme: identifying vehicles, creating reliable roadside transactions, processing accounts and payments, and supporting telematics or all-electronic charging.
Analysis of notable corporate and institutional shareholders. Individual shareholders are excluded.
Neology ownership
Private ownership
Neology states that it is privately held and governed by a board. Current beneficial ownership is not disclosed on its public website; older releases described it as part of SMARTRAC and associated with One Equity Partners, but those historic statements should not be treated as current ownership without newer evidence.
