Cruise

Automobiles, Other Vehicles & PartsSeries ASan Francisco, USgetcruise.com

Latest round

Series A

Last raised

Jun 2015

Total raised

$21M

Investors

17

About Cruise

Based in California, US, Cruise LLC, trading under the name Cruise Automation, was founded in 2013 by co-founders Kyle Vogt and Daniel Kan. The company tests and develops autonomous car technology. In March 2016, General Motors acquired Cruise for an undisclosed amount and had about 40 employees when it was acquired, and by September 2016, the company had over 100 employees. In April 2017, General Motors expanded its cruise operations in California. Dan Ammann, a former president of General Motors, was appointed as the company's new CEO in November 2018.35 billion in Cruise and have scaled up to more than 1000 employees. In March 2021, the company acquired Voyage, a self-driving startup that was spun off of Udacity. The company develops all-electric self-driving cars which include the 'Cruise first-generation AV'. The vehicles are developed at a specialized production factory with technology and software. Product features include precision steering, lane tracking, speed control, and collisions. The company's product line also includes the 'Cruise origin' which is ready to roll off the assembly line.

Who invested in Cruise

17 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 15, 2015

    Amount

    $17M

    Investors

    Locked

  2. Seed

    Mar 14, 2014

    Amount

    $4.3M

    Investors

    Locked

Questions about Cruise

Who invested in Cruise?

Cruise has 17 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cruise raised?

Cruise has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Cruise last raise money?

Cruise's most recent round on record is a Series A, in Jun 2015.

What does Cruise do?

Based in California, US, Cruise LLC, trading under the name Cruise Automation, was founded in 2013 by co-founders Kyle Vogt and Daniel Kan.

Where is Cruise headquartered?

Cruise is headquartered in San Francisco, US.

Which VCs invest in companies like Cruise?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Cruise's stage. Their profiles are linked below.

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