DriveU.auto Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
33
- Latest Deal Type
-
Later Stage VC
- (In Progress)
- Investors
-
20
DriveU.auto General Information
Description
Developer of autonomous vehicle deployment and connectivity technology designed for safe and efficient automation across transport and industrial environments. The company's platform offers retrofit kits for terminal tractors, teleoperation connectivity, and remote assistance capabilities, enabling logistics operators and autonomous vehicle developers to deploy, manage, and scale automated vehicle operations across diverse use cases.
Contact Information
Website
www.driveu.autoCorporate Office
- 2 Hatidhar Street
- Raanana
- Israel
Corporate Office
- 2 Hatidhar Street
- Raanana
- Israel
DriveU.auto Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC | In Progress | |||||
| 6. Later Stage VC | 14-Apr-2026 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 01-Jan-2025 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 01-Apr-2023 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 31-Oct-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A1) | 23-Jun-2020 | $4.58M | $4.58M | Completed | Generating Revenue | |
| 1. Early Stage VC | Completed | Startup |
DriveU.auto Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preferred A1 | ||||||||
| Preferred A |
VC Exit Predictor
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DriveU.auto Patents
DriveU.auto Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3746854-A1 | Device, system, and method of autonomous driving and tele-operated vehicles | Active | 18-Mar-2018 | ||
| EP-3746854-A4 | Device, system, and method of autonomous driving and tele-operated vehicles | Active | 18-Mar-2018 | ||
| EP-3746854-B1 | Device, system, and method of autonomous driving and tele-operated vehicles | Active | 18-Mar-2018 | ||
| US-12197209-B2 | Device, system, and method of autonomous driving and tele-operated vehicles | Active | 18-Mar-2018 | ||
| US-20210116907-A1 | Device, system, and method of autonomous driving and tele-operated vehicles | Active | 18-Mar-2018 | G05D1/221 |
DriveU.auto Signals
DriveU.auto Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Blue Ocean CVC | Corporate Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| MoreVC | Venture Capital | Minority |
DriveU.auto Acquisitions (1)
DriveU.auto’s most recent deal was a Merger/Acquisition with Ception. The deal was made on 01-Jun-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Ception | 01-Jun-2023 | Merger/Acquisition | Business/Productivity Software |
DriveU.auto FAQs
-
When was DriveU.auto founded?
DriveU.auto was founded in 2019.
-
Where is DriveU.auto headquartered?
DriveU.auto is headquartered in Raanana, Israel.
-
What is the size of DriveU.auto?
DriveU.auto has 33 total employees.
-
What industry is DriveU.auto in?
DriveU.auto’s primary industry is Automotive.
-
Is DriveU.auto a private or public company?
DriveU.auto is a Private company.
-
What is DriveU.auto’s current revenue?
The current revenue for DriveU.auto is .
-
How much funding has DriveU.auto raised over time?
DriveU.auto has raised $4.58M.
-
Who are DriveU.auto’s investors?
Blue Ocean CVC, , , , and MoreVC are 5 of 20 investors who have invested in DriveU.auto.
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