About DriveU.auto
DriveU.auto is a company based in Kfar Saba (Israel) founded in 2019. DriveU.auto has raised $4 million across 3 funding rounds from investors including Francisco Partners, European Union and Ascend Capital Partners. DriveU.auto has completed 1 acquisition, including Ception Technologies. DriveU.auto offers products and services including DriveU 100 Series and DriveU 300 Series. DriveU.auto operates in a competitive market with competitors including Vay, Phantom Auto, Ottopia, Scotty Labs and Voysys, among others.
- Headquarter Kfar Saba, Israel
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Driveu Tech Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$4 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Francisco Partners
& 6 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of DriveU.auto
DriveU.auto offers a comprehensive portfolio of products and services, including DriveU 100 Series and DriveU 300 Series.
Connectivity solution for low-speed delivery robots and logistics operations.
Platform for autonomous vehicles and remote machinery supervision.
People of DriveU.auto
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Funding Insights of DriveU.auto
DriveU.auto has successfully raised a total of $4M across 3 strategic funding rounds. 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 DriveU.auto
DriveU.auto has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Francisco Partners, European Union and Ascend Capital Partners.
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Investor details for DriveU.auto
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Investments & Acquisitions by DriveU.auto
DriveU.auto has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ception Technologies.
Investment portfolio details for DriveU.auto
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AI-enabled localization for autonomous vehicles is developed using computer vision.
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Complete acquisition details for DriveU.auto
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Financial Statements - DriveU.auto
Detailed financials for DriveU.auto
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Driveu.Auto Comparisons
Peer comparison for DriveU.auto
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Competitors of DriveU.auto
DriveU.auto 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 Vay, Phantom Auto, Ottopia, Scotty Labs and Voysys, among others.
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Remote-driving and autonomy services for electric vehicles are provided online.
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AI-powered remote safety support is offered for autonomous vehicles.
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Developer of AI-powered teleoperation solutions to remotely control autonomous vehicles
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Teleoperations platform to virtually control self-driving vehicles
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Software for teleoperation of vehicles, machines, and robots is provided.
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Detailed competitors of DriveU.auto
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Latest news on Driveu.Auto
Complete news archive for DriveU.auto
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Frequently Asked Questions about DriveU.auto
DriveU.auto was founded in 2019 and raised its 1st funding round 1 year after it was founded.
DriveU.auto is headquartered in Kfar Saba, Israel. It is registered at Kfar Saba, Central District, Israel.
Alon Podhurst is the current CEO of DriveU.auto.
DriveU.auto is a funded company, having raised a total of $4M across 3 funding rounds to date.
DriveU.auto was founded in 2019 in Kfar Saba, Israel, within the autonomous vehicles sector. Hardware and software solutions are provided for teleoperation, utilizing cellular-bonding technology to enable real-time transmission of video, sensor data, and operational commands. Integration with third-party systems is supported, alongside optimized performance features, to connect remote operators with vehicles across various environments.
DriveU.auto's top competitors include Vay, Ottopia and Scotty Labs.
DriveU.auto offers DriveU 100 Series and DriveU 300 Series.
DriveU.auto has made 1 acquisition, including Ception Technologies.
DriveU.auto has 7 investors. Key investors include Francisco Partners, European Union, Ascend Capital Partners, Kaedan Capital, and Two Lanterns Venture Partners.