About PreAct Tech
PreAct Tech is a company based in Portland (United States) founded in 2018 by Kurt Brendley and Keith Brendley. PreAct Tech has raised $51.33 million across 10 funding rounds from investors including State Farm, I Squared Capital and Sony Innovation Fund. PreAct Tech has completed 1 acquisition, including Exipple. PreAct Tech operates in a competitive market with competitors including Terranet, Discoperi, Splitsecnd, Yi Truck Network and Dexin Intelligent Technology, among others.
- Headquarter Portland, United States
- Founders Kurt Brendley, Keith Brendley
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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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$51.33 M (USD)
in 10 rounds
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Latest Funding Round
$20 M (USD), Series B
Apr 25, 2023
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Investors
State Farm
& 9 more
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Employee Count
Not available
- Investments & Acquisitions
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People of PreAct Tech
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Funding Insights of PreAct Tech
PreAct Tech has successfully raised a total of $51.33M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in April 2023. 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 PreAct Tech
PreAct Tech has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include State Farm, I Squared Capital and Sony Innovation Fund.
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AR/VR and biophotonics accelerator program is operated in Rochester.
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Venture capital is provided to early-stage technology startups.
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Venture capital fund focused on early-stage untapped founders
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Investor details for PreAct Tech
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Investments & Acquisitions by PreAct Tech
PreAct Tech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Exipple.
Investment portfolio details for PreAct Tech
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Gesture recognition and motion tracking SDK is offered for integration.
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Complete acquisition details for PreAct Tech
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Financial Statements - PreAct Tech
Detailed financials for PreAct Tech
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Preact Tech Comparisons
Peer comparison for PreAct Tech
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Competitors of PreAct Tech
PreAct Tech 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 Terranet, Discoperi, Splitsecnd, Yi Truck Network and Dexin Intelligent Technology, among others.
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Provider of AI-based tech solutions for advanced driver assistance and self-driving vehicles
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AI and blockchain are applied in accident prevention solutions.
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Offers a tech-enabled solution for crash detection in vehicles.
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AI-enabled crash detection solutions for trucks are provided.
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Multi-category sensors and radars for collision avoidance are developed.
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Detailed competitors of PreAct Tech
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Latest news on Preact Tech
Complete news archive for PreAct Tech
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Frequently Asked Questions about PreAct Tech
PreAct Tech was founded in 2018 and raised its 1st funding round 1 year after it was founded.
PreAct Tech is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
PreAct Tech is a funded company, having raised a total of $51.33M across 10 funding rounds to date.
PreAct Tech was founded in 2018 in Portland, United States, focusing on automotive safety technology. Near-field sensors are utilized by the company to detect and predict crashes in vehicles. Upon detection, occupant safety is enhanced through automated measures such as pre-crash airbag deployment and seat belt tightening. Operations center on developing these systems for integration into automotive applications, serving the collision avoidance sector.
PreAct Tech's top competitors include Terranet, Discoperi and Yi Truck Network.
PreAct Tech has made 1 acquisition, including Exipple.
PreAct Tech has 10 investors. Key investors include State Farm, I Squared Capital, Sony Innovation Fund, Luminate, and Traylor Capital.