Drive.ai
2015
FOUNDED
M&A
STATUS
101-200
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
Request full access to PitchBook
You’re viewing a free company profile from the PitchBook Platform. To explore Drive.ai’s full profile, request a free trial.
Drive.ai Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 26-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-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 Competitors (14)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| AImotive | Venture Capital-Backed | Budapest, Hungary | 000 | 000.00 | 00000000000 | 000.00 |
| 00000.00 | Venture Capital-Backed | San Francisco, CA | 0 | 00.00 | 000000000 | 00.00 |
| 000000000 | Venture Capital-Backed | Mountain View, CA | 00 | 0000 | 0000000000 | 0000 |
| 00000 | Venture Capital-Backed | Palo Alto, CA | 000 | 00000 | 00000000000 | 00000 |
| 00000000 | Formerly VC-backed | Cambridge, MA | 000 | 000.00 | 000000&0 | 000.00 |
Drive.ai Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| 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 | ||
| Maniv Mobility | Venture Capital | Minority | 000 0000 | 000000 0 |