About Passenger AI
Passenger AI is a company based in Toronto (Canada) founded in 2018.. Passenger AI has raised $150 thousand across 1 funding round from investors including Y Combinator. Passenger AI operates in a competitive market with competitors including RideOS, Goggo, Bestmile, Fleetonomy and Launch Mobility, among others.
- Headquarter Toronto, Canada
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Sep 01, 2018
- Investors
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Employee Count
Employee Count
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Funding Insights of Passenger AI
Passenger AI has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in September 2018. 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 1
- Last Round Seed — $150,000
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First Round
First Round
(01 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Seed - Passenger AI | 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 Passenger AI
Passenger AI has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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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Early-stage startups are accelerated via funding and educational programs.
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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 Passenger AI
| 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 - Passenger AI
| 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 |
Passenger Ai Comparisons
Competitors of Passenger AI
Passenger AI 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 RideOS, Goggo, Bestmile, Fleetonomy and Launch Mobility, 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 |
Technologies for self-driving vehicle transportation ecosystems are provided.
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| domain | founded_year | HQ Location |
Autonomous vehicle technology is provided for safety and mobility networks.
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| domain | founded_year | HQ Location |
Cloud-driven fleet optimization is provided for autonomous and human-driven vehicles.
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| domain | founded_year | HQ Location |
Fleet intelligence solutions for autonomous vehicles are developed and provided.
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| domain | founded_year | HQ Location |
Car sharing platform for self-driving fleets
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| domain | founded_year | HQ Location |
Autonomous vehicle fleets are managed and optimized using proprietary technology.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Passenger AI
When was Passenger AI founded?
Passenger AI was founded in 2018.
Where is Passenger AI located?
Passenger AI is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Passenger AI a funded company?
Passenger AI is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Sep 01, 2018.
What does Passenger AI do?
Passenger AI, based in Toronto, Canada, focuses on it serves as a passenger ai. It serves as a passenger ai. The company prioritizes operational excellence and customer-centric approaches. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
Who are the top competitors of Passenger AI?
Who are Passenger AI's investors?
Passenger AI has 1 investor. Key investors include Y Combinator.
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