Faction (Automotive) Overview
- Year Founded
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2020
- Status
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Private
- Employees
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14
- Latest Deal Type
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2ndary - Private
- Investors
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16
Faction (Automotive) General Information
Description
Developer of driverless electric vehicles designed to focus on micro-delivery and vehicle-on-demand services. The company's vehicles support networked data, over-the-air software updates and safety-critical autonomy features, enabling clients to get a safety-redundant and cost-effective driverless system.
Contact Information
Website
www.faction.usCorporate Office
- 20 South Linden Avenue
- Suite 5A
- South San Francisco, CA 94080
- United States
Corporate Office
- 20 South Linden Avenue
- Suite 5A
- South San Francisco, CA 94080
- United States
Faction (Automotive) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 6. Seed Round | 26-Oct-2023 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 20-Jun-2022 | Completed | Generating Revenue | |||
| 4. Seed Round | 20-Dec-2021 | Completed | Generating Revenue | |||
| 3. Seed Round | 02-Jun-2021 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 1. Accelerator/Incubator | 23-Mar-2021 | Completed | Generating Revenue |
Faction (Automotive) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-2 | ||||||||
| Seed-1D | ||||||||
| Seed-1C | ||||||||
| Seed-1B | 20,126,445 | $0.000100 | $0.09 | $0.09 | 1x | $0.09 | 8.79% | |
| Seed-1A | 21,943,370 | $0.000100 | $0.08 | $0.08 | 1x | $0.08 | 9.59% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Faction (Automotive) Comparisons
Industry
Financing
Details
Faction (Automotive) Competitors (6)
One of Faction (Automotive)’s 6 competitors is DriveU.auto, a Venture Capital-Backed company based in Raanana, Israel.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| DriveU.auto | Venture Capital-Backed | Raanana, Israel | ||||
| WeRide (Automotive) | Formerly VC-backed | Guangzhou, China | ||||
| Tensor (Automotive) | Venture Capital-Backed | Barcelona, Spain | ||||
| Ottopia | Formerly VC-backed | Tel Aviv, Israel | ||||
| Waymo | Venture Capital-Backed | Mountain View, CA |
Faction (Automotive) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Faction (Automotive) Patents
Faction (Automotive) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260061619-A1 | Human-assisted supervised autonomous mobile robot system | Pending | 30-Aug-2024 | ||
| US-12312028-B2 | Modular vehicle | Active | 03-Feb-2023 | ||
| US-20240262437-A1 | Modular vehicle | Active | 03-Feb-2023 | ||
| US-20240132027-A1 | Vehicle braking system | Pending | 24-Oct-2022 | ||
| US-20240227750-A9 | Vehicle braking system | Pending | 24-Oct-2022 | B60T7/12 |
Faction (Automotive) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Faction (Automotive) Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Arcimoto | Corporation | Minority | ||
| Angel (individual) | Minority | |||
| Ducera Partners | Investment Bank | Minority | ||
| Angel (individual) | Minority | |||
| McNamara Investments | Family Office | Minority |
Faction (Automotive) FAQs
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When was Faction (Automotive) founded?
Faction (Automotive) was founded in 2020.
-
Where is Faction (Automotive) headquartered?
Faction (Automotive) is headquartered in South San Francisco, CA.
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What is the size of Faction (Automotive)?
Faction (Automotive) has 14 total employees.
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What industry is Faction (Automotive) in?
Faction (Automotive)’s primary industry is Automotive.
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Is Faction (Automotive) a private or public company?
Faction (Automotive) is a Private company.
-
What is Faction (Automotive)’s current revenue?
The current revenue for Faction (Automotive) is .
-
How much funding has Faction (Automotive) raised over time?
Faction (Automotive) has raised $12.1M.
-
Who are Faction (Automotive)’s investors?
Arcimoto, , Ducera Partners, , and McNamara Investments are 5 of 16 investors who have invested in Faction (Automotive).
-
Who are Faction (Automotive)’s competitors?
DriveU.auto, WeRide (Automotive), Tensor (Automotive), Ottopia, and Waymo are some of the 6 competitors of Faction (Automotive).
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