About Innoviz
Innoviz is a company based in Rosh Haayin (Israel) founded in 2016.. Innoviz has raised $252 million across 5 funding rounds from investors including Naver, Magna International and Fnx. The company has 415 employees as of December 31, 2024. Innoviz offers products and services including InnovizTwo, InnovizOne, and Perception Software. Innoviz operates in a competitive market with competitors including Ouster, Luminar Technologies, LeddarTech, AEye and Quanergy, among others.
- Headquarter Rosh Haayin, Israel
- Employees 415 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Innoviz Technologies Ltd.
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Annual Revenue
$24.27 M16.25as on Dec 31, 2024
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Net Profit
$-94.76 M23.25as on Dec 31, 2024
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EBITDA
$-94.13 M23.72as on Dec 31, 2024
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Total Equity Funding
$252 M (USD)
in 5 rounds
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Latest Funding Round
$38 M (USD), Series C
Jun 10, 2019
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Investors
Naver
& 19 more
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Employee Count
415
as on Dec 31, 2024
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IPO & Listings of Innoviz
Innoviz is a publicly listed company on the NASDAQ with ticker symbol INVZ in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Innoviz
Innoviz offers a comprehensive portfolio of products and services, including InnovizTwo, InnovizOne, and Perception Software. 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.
Advanced sensor for long-range autonomous driving applications.
Initial LiDAR product for basic autonomous vehicle functionalities.
AI solution for processing 3D LiDAR point clouds in vehicles.
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Software Development Team
29 people
Leadership Team
10 people
Human Resources and Administration
4 people
Legal and Compliance
4 people
Finance and Accounting
4 people
Data Analysis and Operations Team
3 people
Product Management Team
3 people
Sales and Marketing
3 people
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Funding Insights of Innoviz
Innoviz has successfully raised a total of $252M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $38 million completed in June 2019. 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 5
- Last Round Series C — $38.0M
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First Round
First Round
(08 Aug 2016)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Series C - Innoviz | Valuation | Magna , China Merchants Capital |
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| Mar, 2019 | Amount | Series C - Innoviz | Valuation | China Merchants Capital | |
| Oct, 2017 | Amount | Series B - Innoviz | Valuation | Samsung Catalyst Fund |
| 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 Innoviz
Innoviz has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Naver, Magna International and Fnx. 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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PE firm investing in China
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Founded Year | Domain | Location | |
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Venture capital, equity investment, and fund management services in China.
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Founded Year | Domain | Location | |
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PE firm invests in China
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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 Innoviz
| 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 - Innoviz
| 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 |
Innoviz Comparisons
Competitors of Innoviz
Innoviz 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 Ouster, Luminar Technologies, LeddarTech, AEye and Quanergy, 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 |
Developer of LiDAR-based sensors
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LiDAR-based sensors for autonomous vehicles are developed.
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| domain | founded_year | HQ Location |
Developer of raw data fusion and perception software for automotive ADAS/AD
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| domain | founded_year | HQ Location |
AI and cloud-enabled solutions for automotive sensors are provided.
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| domain | founded_year | HQ Location |
AI-driven LiDAR sensing solutions are provided for detection and tracking.
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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 Innoviz
Frequently Asked Questions about Innoviz
When was Innoviz founded?
Innoviz was founded in 2016.
Where is Innoviz located?
Innoviz is headquartered in Rosh Haayin, Israel. It is registered at Rosh Haayin, Central District, Israel.
Is Innoviz a funded company?
Innoviz is a funded company, having raised a total of $252M across 5 funding rounds to date. The company's 1st funding round was a Series B of $8M, raised on Aug 08, 2016.
How many employees does Innoviz have?
As of Dec 31, 2024, the latest employee count at Innoviz is 415.
What is the annual revenue of Innoviz?
Annual revenue of Innoviz is $24.27M as on Dec 31, 2024.
What does Innoviz do?
Innoviz was founded in 2016 in Rosh Haayin, Israel, within the autonomous vehicle technology sector. Solid-state LiDAR sensors and perception software are produced to support object detection, classification, and tracking functions. These technologies are engineered to operate across diverse environmental conditions. Solutions are provided for applications in mobility, security, aerial systems, and robotics.
Who are the top competitors of Innoviz?
Innoviz's top competitors include Ouster, Luminar Technologies and Hesai Technology.
What products or services does Innoviz offer?
Innoviz offers InnovizTwo, InnovizOne, and Perception Software.
Is Innoviz publicly traded?
Yes, Innoviz is publicly traded on NASDAQ under the ticker symbol INVZ.
Who are Innoviz's investors?
Innoviz has 20 investors. Key investors include Naver, Magna International, Fnx, The Delek Group, and Harel Group.
What is Innoviz's ticker symbol?
The ticker symbol of Innoviz is INVZ on NASDAQ.
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