Drive.ai
2015
FOUNDED
PRIVATE
STATUS
91-100
EMPLOYEES
Series B1
LATEST DEAL TYPE
$15M
LATEST DEAL AMOUNT
9
INVESTORS
Description
Developer of AI based self-driving technology designed to make autonomous vehicles safer. The company's self-driving technology uses a deep learning-first approach to allow its autonomous vehicles to learn new driving scenarios and routes without engineering effort and scale to new locations, enabling vehicle drivers to safely navigate any driving environment.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Other Software
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 |
|---|---|---|---|---|---|---|
| 4. Early Stage VC (Series B1) | 28-Sep-2017 | $15M | 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-Mar-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 Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Grab | VC-Backed Company | Minority | 000 0000 | 000000 0 | ||
| HOF Capital (New York) | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| GGV Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| New Enterprise Associates | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| InnoSpring | Venture Capital | Minority | 000 0000 | 000000 0 |
Drive.ai Executive Team (7)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Sameep Tandon | Co-Founder & Chief Executive Officer | ||
| Carol Reiley Ph.D | Co-Founder, President & Board Member | ||
| Fred Rosenzweig | Chief Operating Officer & Co-Founder |
4 Former Executives
You’re viewing 3 of 7 executives. Get the full list »Drive.ai Board Members (5)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Andrew Ng Ph.D | Self | Board Member | 000 0000 | |
| Carmen Chang JD | New Enterprise Associates | Board Member | 000 0000 | |
| Carol Reiley Ph.D | Drive.ai | Co-Founder, President & Board Member | 000 0000 | |
| Jenny Lee | GGV Capital | Board Observer | 000 0000 | |
| Steve Girsky | Self | Board Member | 000 0000 |