Optimus Ride Overview
- Year Founded
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2015
- Status
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Acquired/Merged
- Employees
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120
- Latest Deal Type
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M&A
- Investors
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1
Optimus Ride General Information
Description
Developer of self-driving technology systems designed to enable efficient, sustainable, and equitable mobility networks for geofenced environments. The company's technology combines advances in complex sensor fusion, mapping, computer vision, and machine learning, enabling customers to use transportation from commercial vessel operations to transit options.
Contact Information
Website
www.optimusride.comCorporate Office
- 88 Black Falcon Avenue
- Suite 188
- Boston, MA 02110
- United States
Corporate Office
- 88 Black Falcon Avenue
- Suite 188
- Boston, MA 02110
- United States
Optimus Ride Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 12-Jan-2022 | Completed | Generating Revenue | |||
| 7. Grant | 30-Jul-2021 | Completed | Generating Revenue | |||
| 6. Debt - PPP | 01-May-2020 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B) | 06-Nov-2019 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 27-Oct-2017 | Completed | Startup | |||
| 3. Accelerator/Incubator | 01-Jan-2017 | Completed | Startup | |||
| 2. Seed Round | 03-Oct-2016 | $5.25M | $5.25M | Completed | Startup | |
| 1. University Spin-Out | 01-Aug-2015 | Completed | Startup |
Optimus Ride Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A | 10,801,920 | $0.001000 | 6% | $1.67 | $1.67 | 1x | $1.67 | 20.79% |
| Seed | 7,843,336 | $0.001000 | 6% | $0.67 | $0.67 | 1x | $0.67 | 15.1% |
Optimus Ride Comparisons
Industry
Financing
Details
Optimus Ride Competitors (17)
One of Optimus Ride’s 17 competitors is Zoox, a Formerly VC-backed company based in Foster City, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zoox | Formerly VC-backed | Foster City, CA | ||||
| WeRide (Automotive) | Formerly VC-backed | Guangzhou, China | ||||
| May Mobility | Venture Capital-Backed | Ann Arbor, MI | ||||
| Auro | Formerly VC-backed | Milpitas, CA | ||||
| Uhnder | Venture Capital-Backed | Austin, TX |
Optimus Ride Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Optimus Ride Patents
Optimus Ride Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2021237194-A1 | Display system and method | Inactive | 22-May-2020 | ||
| WO-2021237201-A1 | Display system and method | Inactive | 22-May-2020 | ||
| WO-2021237212-A1 | Display system and method | Inactive | 22-May-2020 | ||
| WO-2021237212-A9 | Display system and method | Inactive | 22-May-2020 | ||
| WO-2021226073-A1 | Infrastructure interaction system and method | Inactive | 04-May-2020 | B60W40/04 |
Optimus Ride Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Optimus Ride Former Investors (29)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alumni Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Edison International | Corporation | Minority | ||
| Eight Roads | Corporate Venture Capital | Minority | ||
| Emerson Collective | Impact Investing | Minority |
Optimus Ride FAQs
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When was Optimus Ride founded?
Optimus Ride was founded in 2015.
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Where is Optimus Ride headquartered?
Optimus Ride is headquartered in Boston, MA.
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What is the size of Optimus Ride?
Optimus Ride has 120 total employees.
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What industry is Optimus Ride in?
Optimus Ride’s primary industry is Automotive.
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Is Optimus Ride a private or public company?
Optimus Ride is a Private company.
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What is Optimus Ride’s current revenue?
The current revenue for Optimus Ride is .
-
How much funding has Optimus Ride raised over time?
Optimus Ride has raised $84.3M.
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Who are Optimus Ride’s investors?
Alumni Ventures, , Edison International, Eight Roads, and Emerson Collective are 5 of 29 investors who have invested in Optimus Ride.
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Who are Optimus Ride’s competitors?
Zoox, WeRide (Automotive), May Mobility, Auro, and Uhnder are some of the 17 competitors of Optimus Ride.
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When was Optimus Ride acquired?
Optimus Ride was acquired on 12-Jan-2022.
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Who acquired Optimus Ride?
Optimus Ride was acquired by Magna International.
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