CRH's Venture Capital Unit, CRH Ventures, Teams Up With Citylogix To Accelerate Digital Transformation In Road Infrastructure Management

CRH Ventures, the venture capital unit of CRH, today announced a strategic investment in Citylogix, a North American leader in AI-powered pavement condition assessments and enterprise asset management software.

Founded in 2015, Citylogix's platform uses LiDAR, high-definition cameras, and advanced machine learning to generate digital twins of roadways, providing actionable insights for municipal and infrastructure stakeholders. With this partnership, Citylogix will be able to further expand its technology, which already serves more than 450 government entities throughout North America, enabling them to optimize maintenance, extend asset life, and make data-driven investment decisions.

"As the leading road paver in North America, this investment supports CRH's commitment to deliver smarter, more sustainable infrastructure solutions," said Eduardo Gomez, Head of CRH Ventures. "Citylogix's technology and team are at the forefront of digital transformation in road asset management and will play a pivotal role in helping to shape the roads of the future."

Jon-Erik Dillon, Citylogix CEO added: "We are excited to join forces with CRH Ventures, whose global reach and deep expertise in infrastructure will help us accelerate our impact. This partnership will enable us to scale our technology, enhance our platform, and better serve the needs of cities and towns as they modernize their road networks."