Drive.ai
2015
FOUNDED
M&A
STATUS
81-90
EMPLOYEES
M&A
LATEST DEAL TYPE
$77M
LATEST DEAL AMOUNT
Description
Developer of an artificial intelligence (AI) based self-driving technology designed to make autonomous vehicles safer. The company's technology uses a deep learning-first approach to its autonomous vehicles to learn new driving scenarios and routes without engineering effort and scale to new locations, enabling vehicle drivers to safely navigate in any driving environment.
Primary Office
- 365 Ravendale Drive
- Mountain View, CA 94043
- United States
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Drive.ai Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 25-Jun-2019 | $77M | 000.00 | 0000 | Completed | Generating Revenue |
| 5. Grant | 22-Aug-2018 | 00000 | 000.00 | Completed | Generating Revenue | |
| 4. Early Stage VC (Series B1) | 28-Sep-2017 | 0000 | 000.00 | Completed | Generating Revenue | |
| 3. Early Stage VC (Series B) | 27-Jun-2017 | 0000 | 000.00 | 00000 | Completed | Startup |
| 2. Early Stage VC (Series A) | 25-Jan-2016 | $12M | $12.1M | 0000 | Completed | Startup |
| 1. Seed Round | 01-Apr-2015 | $50K | $50K | Completed | Startup |
Drive.ai Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 000 |
| Series A | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Drive.ai Competitors (26)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| AImotive | Venture Capital-Backed | Budapest, Hungary | 000 | 000.00 | 000000000 | 000.00 |
| 000000 (00000) | Venture Capital-Backed | Sunnyvale, CA | 000 | 00000 | 00000000000 | 00000 |
| 00000.00 | Venture Capital-Backed | San Francisco, CA | 0 | 00.00 | 000000000 | 00.00 |
| 00000000 | Formerly VC-backed | Cambridge, MA | 000 | 000.00 | 000000&0 | 000.00 |
| 00000 | Venture Capital-Backed | Palo Alto, CA | 000 | 00000 | 00000000000 | 00000 |
Drive.ai Former Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Friendly Hill Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 | ||
| GGV Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Grab Holdings | VC-Backed Company | Minority | 000 0000 | 000000 0 | ||
| HOF Capital (New York) | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| InnoSpring | Venture Capital | Minority | 000 0000 | 000000 0 |