About Cruise
Cruise is a company based in San Francisco (United States) founded in 2013 was acquired by General Motors in March 2016. Cruise has raised $7.72 billion across 10 funding rounds from investors including Microsoft, Walmart and T. Rowe Price. The company has 3,326 employees as of December 31, 2022. Cruise has completed 2 acquisitions, including Voyage and Zippy. Cruise offers products and services including Super Cruise and Autonomous Vehicles. Cruise operates in a competitive market with competitors including Aurora, Waymo, Zoox, Ridecell and May Mobility, among others.
- Headquarter San Francisco, United States
- Employees 3326 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$7.72 B (USD)
in 10 rounds
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Latest Funding Round
$1.35 B (USD), Series E
Feb 01, 2022
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Investors
Microsoft
& 10 more
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Employee Count
3326
as on Dec 31, 2022
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Investments & Acquisitions
Voyage
& 1 more
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Acquired by
General Motors
(Mar 11, 2016)
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Products & Services of Cruise
Cruise offers a comprehensive portfolio of products and services, including Super Cruise and Autonomous Vehicles.
Provides hands-free driving using sensors for safer roads.
Enables fully self-driving capabilities to reduce congestion.
People of Cruise
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Software Development Team
207 people
Leadership Team
93 people
Product Management Team
50 people
Sales and Marketing
43 people
Creative and Marketing Team
39 people
Finance and Accounting
19 people
Senior Team
16 people
Human Resources and Administration
16 people
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Funding Insights of Cruise
Cruise has successfully raised a total of $7.72B across 10 strategic funding rounds. The most recent funding activity was a Series E round of $1.35 billion completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Cruise
Cruise has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Microsoft, Walmart and T. Rowe Price.
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Venture capital investments in technology and startups.
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Venture capital investing in technology sectors such as AI and automotive.
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Spark Capital is engaged in venture capital investments.
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Investor details for Cruise
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
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Investments & Acquisitions by Cruise
Cruise has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Voyage and Zippy.
Investment portfolio details for Cruise
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Self-driving taxi service is operated via retrofitted autonomous vehicles.
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AI-enabled robotic solutions for warehouse logistics are developed and provided.
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Complete acquisition details for Cruise
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Cruise
Detailed financials for Cruise
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Cruise Comparisons
Peer comparison for Cruise
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Cruise
Cruise 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 Aurora, Waymo, Zoox, Ridecell and May Mobility, among others.
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AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
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Self-driving vehicle solutions are developed and deployed for transportation.
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Autonomous mobility solutions are provided through AI-enabled platforms.
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Cloud-enabled platforms for shared mobility and fleet management are provided.
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Autonomous shuttles are developed for urban transportation solutions.
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Detailed competitors of Cruise
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Cruise
Complete news archive for Cruise
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Cruise
Cruise was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Cruise is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Cruise is a funded company, having raised a total of $7.72B across 10 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Cruise is 3,326.
Cruise was founded in 2013 in San Francisco, United States, within the autonomous vehicle sector. Hardware and software solutions are developed to enable self-driving capabilities. Sensor data is collected and analyzed using AI for object recognition and precise navigation. Customized hardware is designed to support the software stack. Testing and simulation services are provided to facilitate development and validation processes.
Cruise offers Super Cruise and Autonomous Vehicles.
Cruise has 11 investors. Key investors include Microsoft, Walmart, T. Rowe Price, General Motors, and SoftBank Vision Fund.