Optimus Ride Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 120

Employees

  • Latest Deal Type
  • M&A

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.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 88 Black Falcon Avenue
  • Suite 188
  • Boston, MA 02110
  • United States
+1 (202)
Primary Industry
Automotive
Acquirer
Magna International
Vertical(s)
Big Data, LOHAS & Wellness, Mobility Tech, Autonomous cars, Industrials, Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 88 Black Falcon Avenue
  • Suite 188
  • Boston, MA 02110
  • United States
+1 (202)

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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 B1) 12-Jul-2019 Completed Generating Revenue
3. Early Stage VC (Series A) 27-Oct-2017 Completed Startup
2. Accelerator/Incubator 01-Jan-2017 $5.25M Completed Startup
1. Seed Round 03-Oct-2016 $5.25M $5.25M Completed Startup
To view Optimus Ride’s complete valuation and funding history, request access »

Optimus Ride Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series A
Seed 7,843,336 $0.001000 6% $0.67 $0.67 1x $0.67 16.01%
To view Optimus Ride’s complete cap table history, request access »

Optimus Ride Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of self-driving technology systems designed to enable efficient, sustainable, and equitable mobility networks
Automotive
Boston, MA
120 As of 2022

Budapest, Hungary
 

Guangzhou, China
 
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Optimus Ride Competitors (17)

One of Optimus Ride’s 17 competitors is AImotive, a Formerly VC-backed company based in Budapest, Hungary.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
AImotive Formerly VC-backed Budapest, Hungary
WeRide (Automotive) Formerly VC-backed Guangzhou, China
Zoox Private Equity-Backed Foster City, CA
Cruise Formerly PE-Backed San Francisco, CA
Auro (Automotive) Formerly VC-backed Santa Clara, CA
You’re viewing 5 of 17 competitors. Get the full list »

Optimus Ride Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 29 investors. Get the full list »

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Optimus Ride FAQs

  • When was Optimus Ride founded?

    Optimus Ride was founded in 2015.

  • Where is Optimus Ride headquartered?

    Optimus Ride is headquartered in Boston, MA.

  • What is the size of Optimus Ride?

    Optimus Ride has 120 total employees.

  • What industry is Optimus Ride in?

    Optimus Ride’s primary industry is Automotive.

  • Is Optimus Ride a private or public company?

    Optimus Ride is a Private company.

  • 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 $84.2M.

  • 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.

  • Who are Optimus Ride’s competitors?

    AImotive, WeRide (Automotive), Zoox, Cruise, and Auro (Automotive) are some of the 17 competitors of Optimus Ride.

  • When was Optimus Ride acquired?

    Optimus Ride was acquired on 12-Jan-2022.

  • Who acquired Optimus Ride?

    Optimus Ride was acquired by Magna International.

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