About HyperloopTT
HyperloopTT is a company based in Los Angeles (United States) founded in 2013.. HyperloopTT has raised $30 million across 4 funding rounds from investors including Thornton Tomasetti, Small Business Administration and Industrial3D. HyperloopTT offers products and services including Hyperloop System, Hyperloop Capsule, and Test Track. HyperloopTT operates in a competitive market with competitors including Hyperloop One, Nevomo, Hardt, Zeleros and TransPod, among others.
- Headquarter Los Angeles, United States
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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 Hyperloop Transportation Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Thornton Tomasetti
& 3 more
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Employee Count
Employee Count
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Products & Services of HyperloopTT
HyperloopTT offers a comprehensive portfolio of products and services, including Hyperloop System, Hyperloop Capsule, and Test Track. 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.
High-speed transport technology using vacuum tubes and levitation
Passenger and cargo pods for hyperloop travel
Full-scale tracks for testing hyperloop components
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Funding Insights of HyperloopTT
HyperloopTT has successfully raised a total of $30M across 4 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(01 Dec 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - HyperloopTT | Valuation |
investors |
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| Jun, 2021 | Amount | Seed - HyperloopTT | Valuation |
investors |
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| Jul, 2020 | Amount | Debt – Conventional - HyperloopTT | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 HyperloopTT
HyperloopTT has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Thornton Tomasetti, Small Business Administration and Industrial3D. 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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US private equity investments are managed by EdgeWater Investments.
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Founded Year | Domain | Location | |
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Engineering and design services are provided for diverse sectors.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HyperloopTT
| 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 - HyperloopTT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Hyperlooptt Comparisons
Competitors of HyperloopTT
HyperloopTT 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 Hyperloop One, Nevomo, Hardt, Zeleros and TransPod, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hyperloop technology is developed, built, and tested for transportation.
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| domain | founded_year | HQ Location |
Hyperloop technology is developed for integration with existing railways.
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| domain | founded_year | HQ Location |
Hyperloop technology is developed for zero-emission high-speed transport.
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| domain | founded_year | HQ Location |
Hyperloop transportation pods are manufactured for high-speed electric travel.
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| domain | founded_year | HQ Location |
Hyperloop transportation systems are developed for efficient travel.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Latest news on Hyperlooptt
Frequently Asked Questions about HyperloopTT
When was HyperloopTT founded?
HyperloopTT was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is HyperloopTT located?
HyperloopTT is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of HyperloopTT?
Andres De Leon is the current CEO of HyperloopTT.
Is HyperloopTT a funded company?
HyperloopTT is a funded company, having raised a total of $30M across 4 funding rounds to date.
What does HyperloopTT do?
HyperloopTT was founded in 2013 and is headquartered in Los Angeles, United States. Operations focus on the transportation sector, where pressurized capsules are engineered to float on magnetic cushions inside tubes and reach speeds of 760 mph. Each capsule accommodates 25-50 passengers and incorporates composite materials for structural integrity. A carbon fiber-based fuselage skin, known as Vibranium, is integrated with sensors to track temperature, stability, and other metrics.
Who are the top competitors of HyperloopTT?
HyperloopTT's top competitors include Hyperloop One, Nevomo and Zeleros.
What products or services does HyperloopTT offer?
HyperloopTT offers Hyperloop System, Hyperloop Capsule, and Test Track.
Who are HyperloopTT's investors?
HyperloopTT has 4 investors. Key investors include Thornton Tomasetti, Small Business Administration, Industrial3D, and EdgeWater Investments.