About PlusAI
PlusAI is a company based in San Francisco (United States) founded in 2016 by Tim Daly, Shawn Kerrigan, David Liu, and Hao Zheng.. PlusAI has raised $720 million across 6 funding rounds from investors including Amazon, Quanta Computer and FountainVest. PlusAI offers products and services including SuperDrive Technology, Driving Intelligence, and Safety Case Framework. PlusAI operates in a competitive market with competitors including TuSimple, Gatik, Einride, Kodiak Robotics and Waabi, among others.
- Headquarter San Francisco, United States
- Founders Tim Daly, Shawn Kerrigan, David Liu, Hao Zheng
- Stage Unicorn
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Sectors
Transportation, 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 Plusai 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
$720 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Amazon
& 10 more
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Employee Count
Employee Count
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Products & Services of PlusAI
PlusAI offers a comprehensive portfolio of products and services, including SuperDrive Technology, Driving Intelligence, and Safety Case Framework. 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.
AI-powered virtual driver for fully autonomous truck operations.
Generative AI for real-time predictions in safer truck driving.
Framework to ensure safe deployment of autonomous trucking technology.
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Funding Insights of PlusAI
PlusAI has successfully raised a total of $720M across 6 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 6
- Last Round Last Round
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series C - PlusAI | Valuation | Amazon |
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| Mar, 2021 | Amount | Series C - PlusAI | Valuation | FountainVest Partners , ClearVue Partners | |
| Feb, 2021 | Amount | Series C - PlusAI | Valuation | GTJAI , CPE |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 PlusAI
PlusAI has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Amazon, Quanta Computer and FountainVest. 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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FountainVest is involved in investment or financial services.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Secondary investments in technology are managed by the firm.
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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 PlusAI
| 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 - PlusAI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Plusai Comparisons
Competitors of PlusAI
PlusAI 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 TuSimple, Gatik, Einride, Kodiak Robotics and Waabi, 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 |
Self-driving truck solutions are developed using AI technology.
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| domain | founded_year | HQ Location |
AI-enabled platform offering self-driving delivery trucks and delivery management system
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| domain | founded_year | HQ Location |
Autonomous electric trucks are manufactured for freight and emissions management.
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| domain | founded_year | HQ Location |
Autonomous trucks are developed for long-haul freight transport.
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| domain | founded_year | HQ Location |
Autonomous driving solutions for trucks are developed by Waabi.
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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 Plusai
Frequently Asked Questions about PlusAI
When was PlusAI founded?
PlusAI was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is PlusAI located?
PlusAI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of PlusAI?
David Liu is the current CEO of PlusAI. They have also founded this company.
Is PlusAI a funded company?
PlusAI is a funded company, having raised a total of $720M across 6 funding rounds to date. The company's 1st funding round was a Series C of $200M, raised on Nov 15, 2018.
What does PlusAI do?
PlusAI was founded in 2016 in San Francisco, United States, within the autonomous vehicle sector. Self-driving systems for trucks are created, featuring 360-degree perception through radars, LiDARs, and cameras. Localization and mapping algorithms are employed to track vehicle positions accurately. Deep learning models are applied to identify road objects, assess structures, and forecast movements of trucks and surrounding vehicles. Operations center on tech solutions for freight transportation.
Who are the top competitors of PlusAI?
What products or services does PlusAI offer?
PlusAI offers SuperDrive Technology, Driving Intelligence, and Safety Case Framework.
Who are PlusAI's investors?
PlusAI has 11 investors. Key investors include Amazon, Quanta Computer, FountainVest, ClearVue Partners, and Millennium Technology Value Partners.
What is PlusAI's valuation?
The valuation of PlusAI is $1B as of Aug 2019.
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