About Alpha Drive
Alpha Drive is a company based in Brooklyn (United States) founded in 2017.. Alpha Drive offers products and services including Algorithm Evaluation Platform and CARLA Autonomous Driving Leaderboard. Alpha Drive operates in a competitive market with competitors including SimSpace, Cymulate, Cyberbit, Picus Security and SafeBreach, among others.
- Headquarter Brooklyn, United States
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Technology
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Products & Services of Alpha Drive
Alpha Drive offers a comprehensive portfolio of products and services, including Algorithm Evaluation Platform and CARLA Autonomous Driving Leaderboard. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for testing and validating AI algorithms in automotive.
Service for benchmarking autonomous driving algorithms.
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Funding Insights of Alpha Drive
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2019 | Amount | Seed - Alpha Drive | Valuation | Detroit Startup Week |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alpha Drive
Alpha Drive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Detroit Startup Week. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Alpha Drive
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Alpha Drive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alpha Drive Comparisons
Competitors of Alpha Drive
Alpha Drive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SimSpace, Cymulate, Cyberbit, Picus Security and SafeBreach, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cyber risk management platform to validate cyber security
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Cloud-based cyber-range solutions are offered for IT security assessments.
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| domain | founded_year | HQ Location |
Cloud-based cyber range platform is offered for cybersecurity training.
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Vulnerability assessment solutions for production security systems are provided.
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| domain | founded_year | HQ Location |
Vulnerability assessment and breach prevention solutions are offered through simulations.
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| domain | founded_year | HQ Location |
Adversary emulation platform provided for vulnerability assessment.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Alpha Drive
When was Alpha Drive founded?
Alpha Drive was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Alpha Drive located?
Alpha Drive is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Alpha Drive?
Heidi Hysell is the current CEO of Alpha Drive.
What does Alpha Drive do?
Alpha Drive provides cloud-based tools for testing and validation of AI algorithms in simulation. The products offered by the company are Streaming Simulation and Cloud-Based Simulation. The Streaming Simulation provides a solution to run AI on the local machine with streamed interactions to a cloud-based simulator. The pricing model is based on monthly usage.
Who are the top competitors of Alpha Drive?
What products or services does Alpha Drive offer?
Alpha Drive offers Algorithm Evaluation Platform and CARLA Autonomous Driving Leaderboard.
Who are Alpha Drive's investors?
Alpha Drive has 1 investor. Key investors include Detroit Startup Week.