About TuSimple
TuSimple is a company based in San Diego (United States) founded in 2015. TuSimple has raised $640 million across 12 funding rounds from investors including Kroger, Goodyear and Sina. The company has 1,058 employees as of June 30, 2023. TuSimple operates in a competitive market with competitors including PlusAI, Gatik, Kodiak Robotics, Waabi and Einride, among others.
- Headquarter San Diego, United States
- Employees 1058 as on 30 Jun, 2023
- Stage Public
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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
Locked
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Social
Locked
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Annual Revenue
$9.37 M (USD)50as on Dec 31, 2022
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$640 M (USD)
in 12 rounds
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Latest Funding Round
$15 M (USD), Post-IPO
Aug 01, 2022
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Investors
Kroger
& 18 more
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Employee Count
1058
as on Jun 30, 2023
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People of TuSimple
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Funding Insights of TuSimple
TuSimple has successfully raised a total of $640M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $15 million completed in August 2022. 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 TuSimple
TuSimple has secured backing from 19 investors, including institutional and venture fund investors. Prominent investors backing the company include Kroger, Goodyear and Sina.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed by Goodyear Ventures into mobility technology sectors.
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Private equity and private debt firm focused on multiple sectors
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Private equity firm focused on consumer goods, retail, transportation, and technology companies
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Locked | Locked | Locked |
Investor details for TuSimple
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Investments & Acquisitions by TuSimple
Investment portfolio details for TuSimple
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Financial Statements - TuSimple
Detailed financials for TuSimple
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Tusimple Comparisons
Peer comparison for TuSimple
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Competitors of TuSimple
TuSimple 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 PlusAI, Gatik, Kodiak Robotics, Waabi and Einride, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Self-driving technology for commercial trucks is developed by PlusAI.
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AI-enabled platform offering self-driving delivery trucks and delivery management system
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Autonomous trucks are developed for long-haul freight transport.
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Autonomous driving solutions for trucks are developed by Waabi.
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Autonomous electric trucks are manufactured for freight and emissions management.
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Detailed competitors of TuSimple
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Latest news on Tusimple
Complete news archive for TuSimple
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Frequently Asked Questions about TuSimple
TuSimple was founded in 2015.
TuSimple is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
TuSimple is a funded company, having raised a total of $640M across 12 funding rounds to date.
As of Jun 30, 2023, the latest employee count at TuSimple is 1,058.
Annual revenue of TuSimple is $9.37M as on Dec 31, 2022.
TuSimple was founded in 2015 in San Diego, United States, as a provider of autonomous driving solutions for the logistics sector. Level 4 fully-autonomous truck technology is developed, incorporating full-stack autonomy features such as perception, localization, planning, HD maps, and controls. High-speed long-distance sensing is utilized alongside existing LiDARs, radars, and HD cameras. A proprietary monitoring system, TU simple connect, is offered for real-time truck oversight.
TuSimple has 19 investors. Key investors include Kroger, Goodyear, Sina, US Xpress, and United Parcel Service.