# Comma.ai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/comma-ai

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.comma.ai
- Total disclosed funding: $2.8M
- Latest round: Seed (Mar 14, 2016)
- Investors on record: 2

## About

Comma.ai, Inc. specializes in developing advanced AI technologies for automotive applications, enhancing vehicles with features like lane centering and adaptive cruise control, furthering the autonomy of driving.Founded in 2015, Comma.ai, Inc. is based in San Francisco, US. The company focuses on creating AI-driven technology for vehicles. In March 2018, they raised USD 5 million in Seed funding, which marked their latest investment round, amounting to a total of USD 5 million raised with a current company valuation of USD 90.81 mn. Comma.ai was founded by George Hotz, known for his previous work in software development and hacking, including his role in developing a jailbreak for iOS.Comma.ai's primary offering is the comma 3X, an AI-driven upgrade designed to enhance the driving experience by providing features such as lane centering, adaptive cruise control, and dashcam recording. This device integrates seamlessly with over 300 vehicle models, including those from manufacturers like Toyota, Honda, and Hyundai, allowing users to enhance their existing vehicles without the need for a new purchase. The comma 3X functions by utilizing the openpilot software, which enables vehicles to operate autonomously for extended periods with minimal driver intervention. The product is aimed at consumers seeking to improve their driving comfort and safety, and has gained traction among tech-savvy drivers across various geographical markets, including North America and Europe. With over 10,000 users and more than 100 million miles driven using their technology, comma.ai continues to expand its reach in the automated driving sector.Comma.ai generates revenue primarily through direct-to-consumer sales of its flagship product, the comma 3X. Customers purchase the device directly from the company's online shop, where they can also find additional support services and compatibility guides. The straightforward transaction structure enables consumers to buy the product outright, allowing for immediate engagement with the technology. Pricing for the comma 3X reflects its advanced capabilities and is positioned within the market to attract both individual users and more tech-oriented car enthusiasts. The revenue model is complemented by the company's commitment to continuous software updates, enhancing user experience and maintaining customer engagement post-purchase. This approach solidifies a recurring relationship with users who benefit from ongoing improvements in their vehicles' driving capabilities.Looking forward, Comma.ai intends to leverage the recent USD 5 million raised in Seed funding to enhance its product offerings and expand into new markets. The company is exploring the development of next-generation products, with anticipated releases within the next 12 to 24 months. Additionally, Comma.ai plans to expand its presence in European markets, aiming for a significant introduction by late 2020, thereby increasing their customer base and market reach.

## Funding rounds

- Seed, Mar 14, 2016, $2.8M — Andreessen Horowitz, Techammer

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Techammer — Seed