About Optimus Ride
Optimus Ride is a company based in Cambridge (United States) founded in 2015 was acquired by Magna in January 2022. Optimus Ride has raised $43.98 million across 7 funding rounds from investors including Magna International, DOE and FirstMark. The company has 130 employees as of December 31, 2022. Optimus Ride operates in a competitive market with competitors including Zoox, May Mobility, NEVS, UISEE and Auro Robotics, among others.
- Headquarter Cambridge, United States
- Employees 130 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
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Social
Locked
- Legal Name Optimus Ride Inc.
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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
$43.98 M (USD)
in 7 rounds
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Latest Funding Round
Not available
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Investors
Magna International
& 11 more
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Employee Count
130
as on Dec 31, 2022
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Acquired by
Magna
(Jan 11, 2022)
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People of Optimus Ride
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Funding Insights of Optimus Ride
Optimus Ride has successfully raised a total of $43.98M across 7 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 Optimus Ride
Optimus Ride has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Magna International, DOE and FirstMark.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Tech focused growth stage VC firm investing in the US
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Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
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Investor details for Optimus Ride
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Investments & Acquisitions by Optimus Ride
Investment portfolio details for Optimus Ride
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Financial Statements - Optimus Ride
Detailed financials for Optimus Ride
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Optimus Ride Comparisons
Peer comparison for Optimus Ride
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Competitors of Optimus Ride
Optimus Ride 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 Zoox, May Mobility, NEVS, UISEE and Auro Robotics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Autonomous mobility solutions are provided through AI-enabled platforms.
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Autonomous shuttles are developed for urban transportation solutions.
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Electric autonomous cars are manufactured for urban mobility needs.
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Cloud and AI-enabled solutions for autonomous driving are developed.
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Autonomous vehicles and driving systems are developed by Auro Robotics.
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Detailed competitors of Optimus Ride
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Latest news on Optimus Ride
Complete news archive for Optimus Ride
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Frequently Asked Questions about Optimus Ride
Optimus Ride was founded in 2015.
Optimus Ride is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Optimus Ride is a funded company, having raised a total of $43.98M across 7 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Optimus Ride is 130.
Optimus Ride was founded in 2015 in Cambridge, United States, within the autonomous vehicle sector. Self-driving technology for shuttles is provided, with a focus on designing a level 4 fully autonomous system for electric vehicle fleets. Testing of the technology occurred in September 2016 at the Perkins School for the Blind in Watertown, Massachusetts. Software and hardware are aimed to be offered as Mobility-as-a-Service solutions.
Optimus Ride's top competitors include Zoox, May Mobility and NEVS.
Optimus Ride has 12 investors. Key investors include Magna International, DOE, FirstMark, Eight Roads Ventures, and Greycroft.