Riverside Company has put money into AssetIntel, a New Jersey‑based firm that builds software for inspecting and managing critical transportation assets. The deal, terms undisclosed, adds fresh capital to a company that started in 2016.

AssetIntel’s platform serves state departments of transportation, federal agencies, transit authorities and municipalities, helping them spot wear, plan repairs and prioritize spending. The software streamlines data collection and risk assessment across roadways, bridges and tunnels.

For investors, the move signals growing confidence in digital tools that modernize infrastructure maintenance. AssetIntel’s customer base spans government entities that face mounting repair budgets, positioning the company for steady demand.

The investment underscores a trend of private equity backing tech that supports public‑sector assets, offering a pathway for scaling solutions that reduce downtime and extend asset lifespans.