ClearMotion
Latest round
- Series B
Last raised
- May 2023
Total raised
- $286M
Investors
- 14
About ClearMotion
ClearMotion, Inc.Founded in 2009 in Billerica, Massachusetts, ClearMotion, Inc. develops innovative automotive suspension solutions.ClearMotion's core product is its advanced suspension system, known as the CM1, which utilizes a combination of cutting-edge hardware and innovative software to deliver a fully proactive suspension experience. This system is designed to respond instantaneously to varying road conditions, enhancing ride comfort and safety for passengers. ClearMotion's technology is aimed at automotive manufacturers across various vehicle types, including passenger cars and commercial vehicles, focusing on markets in North America, Europe, and Asia.ClearMotion generates revenue primarily through partnerships with automotive manufacturers who integrate the CM1 suspension system into their vehicles. Transactions typically occur on a B2B basis, with manufacturers purchasing licenses for the technology and possibly entering into subscription agreements for ongoing support and software updates. The pricing model may include one-time fees for hardware installation, accompanied by recurring charges for access to the RoadMotion cloud API, which provides essential data and analytics for vehicle performance.In January 2024, ClearMotion, Inc. The company plans to enhance its CM1 suspension system further with the development of new features that will be released in the coming years.
Who invested in ClearMotion
14 investors across 4 rounds
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Questions about ClearMotion
Who invested in ClearMotion?
ClearMotion has 14 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ClearMotion raised?
ClearMotion has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did ClearMotion last raise money?
ClearMotion's most recent round on record is a Series B, in May 2023.
What does ClearMotion do?
ClearMotion is a software company.
Where is ClearMotion headquartered?
ClearMotion is headquartered in Billerica, US.
Which VCs invest in companies like ClearMotion?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at ClearMotion's stage. Their profiles are linked below.
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