Plus Overview
- Year Founded
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2016
- Status
-
Private
- Employees
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200
- Latest Deal Type
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2ndary - Private
- Investors
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26
Plus General Information
Description
Operator of AI-based autonomous driving software designed to solve the driving intelligence problem. The company's large AI models are purpose-built to enable high-performance, safe, and affordable autonomous driving vehicles at scale, it uses an autonomy technology platform powering vehicles in commercial and uses sensing technologies, including radar, LiDAR, and cameras to provide a 360-degree sensing system to help the system identify objects nearby, it is already powering vehicles in commercial use, it works with leading vehicle manufacturers, fleets, and other technology companies globally, it is helping to make driving safer, more comfortable, and more sustainable, thereby enabling clients to improve the lives of truck drivers, while saving lives lost to accidents and making the world greener through reduced carbon emissions.
Contact Information
Website
www.plus.aiCorporate Office
- 3315 Scott Boulevard
- Suite 300
- Santa Clara, CA 95054
- United States
Corporate Office
- 3315 Scott Boulevard
- Suite 300
- Santa Clara, CA 95054
- United States
Plus Timeline
Plus Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Secondary Transaction - Private | Completed | Generating Revenue | ||||
9. PIPE | 10-May-2021 | Cancelled | Generating Revenue | |||
8. Reverse Merger | 10-May-2021 | Cancelled | Generating Revenue | |||
7. Later Stage VC (Series C) | 31-Mar-2021 | Completed | Generating Revenue | |||
6. Later Stage VC (Series B) | 11-Feb-2021 | Completed | Generating Revenue | |||
5. Debt - PPP | 01-May-2020 | Completed | Generating Revenue | |||
4. Early Stage VC (Series A1) | 15-Nov-2018 | Completed | Product Development | |||
3. Early Stage VC (Series A) | 01-Mar-2018 | Completed | Product Development | |||
2. Accelerator/Incubator | 01-Jan-2017 | Completed | Product Development | |||
1. Seed Round | 01-Jan-2016 | Completed | Product Development |
Plus Comparisons
Industry
Financing
Details
Plus Competitors (8)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Kodiak Robotics | Venture Capital-Backed | Mountain View, CA | ||||
Waabi | Venture Capital-Backed | Toronto, Canada | ||||
Embark Trucks | Formerly VC-backed | San Francisco, CA | ||||
Pony.ai | Venture Capital-Backed | Fremont, CA | ||||
Aurora Innovation | Formerly VC-backed | Pittsburgh, PA |
Plus Patents
Plus Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-12099124-B1 | Integrated sensor assembly | Active | 31-Aug-2023 | ||
US-12046137-B1 | Automatic navigation based on traffic management vehicles and road signs | Active | 02-Aug-2023 | ||
US-12033399-B1 | Turn and brake action prediction using vehicle light detection | Active | 12-Jul-2023 | ||
US-11926335-B1 | Intention prediction in symmetric scenarios | Active | 26-Jun-2023 | ||
US-12019448-B1 | Mapping and detection for safe navigation | Active | 09-May-2023 | G05D1/617 |
Plus Executive Team (11)
Name | Title | Board Seat |
---|---|---|
David Liu Ph.D | Co-Founder, Chief Executive Officer & Board Member | |
Steven Spinner | Chief Financial Officer | |
Shawn Kerrigan Ph.D | Co-Founder & Chief Operating Officer | |
Hao Zheng | Co-Founder, Chief Technology Officer & Board Member | |
Nikolay Marcmin | Director Strategic Finance |
Plus Board Members (4)
Name | Representing | Role | Since |
---|---|---|---|
David Liu Ph.D | Plus | Co-Founder, Chief Executive Officer & Board Member | |
Hao Zheng | Plus | Co-Founder, Chief Technology Officer & Board Member | |
Joerg Buchheim | Self | Board Member | |
Richard Lim | GSR Ventures | Board Member |
Plus Signals
Plus Investors (26)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
ClearVue Partners | PE/Buyout | Minority | ||
FountainVest Partners | PE/Buyout | Minority | ||
Millennium Technology Value Partners | Venture Capital | Minority | ||
Notable Capital | Venture Capital | Minority | ||
Platinum Capital vc | Venture Capital | Minority |
Plus Investments (3)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Persimmon.life | 21-Aug-2024 | Other Services (B2C Non-Financial) | |||
Vozy | 10-Oct-2022 | Business/Productivity Software | |||
Self-Driving Trucks in China (FAW Jiefang / Plus.ai) | 06-Sep-2019 | Joint Venture | Road |
Plus FAQs
-
When was Plus founded?
Plus was founded in 2016.
-
Who is the founder of Plus?
David Liu Ph.D, Shawn Kerrigan Ph.D, Hao Zheng, and Tim Daly are the founders of Plus.
-
Who is the CEO of Plus?
David Liu Ph.D is the CEO of Plus.
-
Where is Plus headquartered?
Plus is headquartered in Santa Clara, CA.
-
What is the size of Plus?
Plus has 200 total employees.
-
What industry is Plus in?
Plus’s primary industry is Road.
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Is Plus a private or public company?
Plus is a Private company.
-
What is Plus’s current revenue?
The current revenue for Plus is
. -
How much funding has Plus raised over time?
Plus has raised $529M.
-
Who are Plus’s investors?
ClearVue Partners, FountainVest Partners, Millennium Technology Value Partners, Notable Capital, and Platinum Capital vc are 5 of 26 investors who have invested in Plus.
-
Who are Plus’s competitors?
Kodiak Robotics, Waabi, Embark Trucks, Pony.ai, and Aurora Innovation are some of the 8 competitors of Plus.
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