# May Mobility

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

- Industry: Transportation Services
- Headquarters: Ann Arbor, US
- Website: www.maymobility.com
- Total disclosed funding: $299M
- Latest round: Series D (Nov 7, 2023)
- Investors on record: 29

## About

Based in the US, May Mobility, Inc. d.b.a  May Mobility specializes in smart autonomous vehicle technology, focusing on enhancing urban mobility through advanced ride-hailing services.May Mobility, Inc. was founded in 2017 in Ann Arbor, US, and operates in the autonomous vehicle sector, developing technology for safe transportation solutions. May Mobility specializes in the development and deployment of autonomous vehicle (AV) technology, primarily enhancing urban mobility through its Multi-Policy Decision Making (MPDM) platform. This platform employs a real-time, reinforcement-learning AI algorithm that allows vehicles to adapt to dynamic environments. The company addresses transportation challenges by providing reliable autonomous ride-hailing services in markets such as rural Minnesota, Atlanta suburbs, and Tokyo Bay. Its clients include transit agencies, cities, and businesses integrating AV solutions into their networks, ultimately improving safety and efficiency in mobility. Revenue generation for May Mobility occurs through partnerships and service agreements with cities and organizations, facilitating the deployment of their autonomous vehicle fleet. The company’s B2B model allows transit agencies and commercial partners to offer autonomous ride-hailing services by leveraging May Mobility’s technology. Pricing reflects contractual agreements based on vehicle deployment scope and service customization, ensuring efficient implementation of services. The flagship products are centered around their autonomous ride-hailing services, supported by the MPDM platform, which emphasizes safety and reliability. In February 2026, May Mobility, Inc. raised an undisclosed amount in venture funding from returning investors Marunouchi Innovation Partners and Fund Corporation for the Overseas Development of Japan’s ICT and Postal Services

## Funding rounds

- Series D, Nov 7, 2023, $105M — NTT, Aioi Nissay Dowa Insurance, Cyrus Capital Partners, BMW i Ventures, Trucks Venture Capital, Toyota Ventures, State Farm Ventures
- Series C, Jul 12, 2022, $28M — Karma Ventures, SB Investment Advisers, SAIC Venture Capital, 10x.Group, State Farm Ventures, WanXiang, Next Century Ventures
- Series C, Jan 13, 2022, $83M — Tokio Marine Asset Management, Toyota Tsusho, Millennium Technology Value Partners, Cyrus Capital Partners, BMW i Ventures, SPARX Group, 1843 Capital, Toyota Ventures, Bridgestone Americas, Inc., Bay Lake Ventures
- Series B, Nov 27, 2019, $50M — Millennium Technology Value Partners, Cyrus Capital Partners, BMW i Ventures, SPARX Group, Toyota Motor Corporation, Palm Drive Capital, Toyota Ventures
- Series A, Feb 12, 2019, $22M — Millennium Technology Value Partners, Cyrus Capital Partners, Thayer Ventures, BMW i Ventures, Y Combinator, Maven, Toyota Ventures, LG Technology Ventures
- Seed, Feb 26, 2018, $12M — BMW i Ventures, SV Angel, Y Combinator, Maven, Trucks Venture Capital, Tandem, Toyota Ventures
- Seed, Jul 1, 2017, $0.1M — Y Combinator, Maven, M Ventures, 10x.Group

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Maven (https://capitalatlas.ai/funds/maven) — Seed, Series A
- M Ventures (https://capitalatlas.ai/funds/m-ventures) — Seed
- 10x.Group (https://capitalatlas.ai/funds/10x-group) — Seed, Series C
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Seed, Series A, Series B, Series C, Series D
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Trucks Venture Capital (https://capitalatlas.ai/funds/trucks-venture-capital) — Seed, Series D
- Tandem (https://capitalatlas.ai/funds/tandem) — Seed
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Seed, Series A, Series B, Series C, Series D
- Millennium Technology Value Partners (https://capitalatlas.ai/funds/millennium-technology-value-partners) — Series A, Series B, Series C
- Cyrus Capital Partners — Series A, Series B, Series C, Series D
- Thayer Ventures (https://capitalatlas.ai/funds/thayer-ventures) — Series A
- LG Technology Ventures (https://capitalatlas.ai/funds/lg-technology-ventures) — Series A
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series B, Series C
- Toyota Motor Corporation — Series B
- Palm Drive Capital (https://capitalatlas.ai/funds/palm-drive-capital) — Series B
- Tokio Marine Asset Management (https://capitalatlas.ai/funds/tokio-marine-asset-management) — Series C
- Toyota Tsusho — Series C
- 1843 Capital (https://capitalatlas.ai/funds/1843-capital) — Series C
- Bridgestone Americas, Inc. — Series C
- Bay Lake Ventures — Series C
- Karma Ventures (https://capitalatlas.ai/funds/karma-ventures) — Series C
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C
- SAIC Venture Capital (https://capitalatlas.ai/funds/saic-venture-capital) — Series C
- State Farm Ventures (https://capitalatlas.ai/funds/state-farm-ventures) — Series C, Series D
- WanXiang — Series C
- Next Century Ventures (https://capitalatlas.ai/funds/next-century-ventures) — Series C
- NTT — Series D
- Aioi Nissay Dowa Insurance — Series D