Optimus Ride
Latest round
- Series B
Last raised
- Nov 2019
Total raised
- $72M
Investors
- 15
About Optimus Ride
Optimus Ride Inc.Founded in 2015 in Boston, US, Optimus Ride Inc. develops autonomous vehicle technology. The company was targeted for acquisition by Magna International Inc. in January 2022, acquiring its technology, intellectual property, and assets, with undisclosed financial terms.Optimus Ride Inc. delivers innovative autonomous vehicle solutions designed to enhance transportation efficiency. Their offerings include self-driving systems tailored for ride-sharing and public transit applications, serving a range of clients from municipalities to transportation networks.The revenue model of Optimus Ride Inc. is centered around partnerships with transportation providers and municipalities, structured on project-based contracts rather than a traditional subscription model.Following the acquisition in January 2022, Optimus Ride Inc. is focusing on leveraging its technology to expand into new markets and applications for autonomous vehicles. Plans include targeting metropolitan areas with existing trials for launching expanded services by the end of 2023.
Who invested in Optimus Ride
15 investors across 3 rounds
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Questions about Optimus Ride
Who invested in Optimus Ride?
Optimus Ride has 15 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Optimus Ride raised?
Optimus Ride has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Optimus Ride last raise money?
Optimus Ride's most recent round on record is a Series B, in Nov 2019.
What does Optimus Ride do?
Optimus Ride is a automobiles, other vehicles & parts company.
Where is Optimus Ride headquartered?
Optimus Ride is headquartered in Boston, US.
Which VCs invest in companies like Optimus Ride?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Optimus Ride's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series B
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