# Ouster

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: San Francisco, US
- Website: www.ouster.com
- Total disclosed funding: $72M
- Latest round: Series B (Sep 8, 2020)
- Investors on record: 9

## About

Ouster, Inc. is a US-based technology company that specializes in high-resolution digital lidar sensors, providing advanced perception software and integrated solutions for sectors like automation, drones, and robotics.Founded in 2015 and headquartered in San Francisco, US, Ouster, Inc. develops cutting-edge lidar technologies for various industries. The company has undergone strategic growth, including a notable merger with Velodyne Lidar, Inc. in November 2022, which allowed Ouster to expand its market presence. The founders, Angus Pacala, Eric Younge, Mark Frichtl, and Marvin Shu, have a history of innovation in the tech sector. The company has raised a total of USD 100.00 mn through 9 deals, with the latest funding round being Venture Debt of USD 50.00 mn, which involved investors such as Hercules Capital.Ouster Inc. specializes in high-resolution digital lidar sensors, perception software, and integrated solutions designed for various sectors, including automation, drones, and robotics. The company's core product offerings include the OSDome, OS0, OS1, and OS2 lidar sensors, each engineered for specific applications such as smart transportation infrastructure, industrial automation, and perimeter security. These sensors provide advanced capabilities in terms of range, precision, field of view, and signal processing, thus enabling clients to enhance safety and operational efficiency. Ouster's technology is utilized by a diverse customer base, including businesses in the automotive, industrial, and security sectors, as well as drone manufacturers and urban planners. Their products are distributed globally, with significant markets in North America, Europe, and Asia, addressing the growing demand for autonomous systems and smart infrastructure solutions.Ouster's revenue for the most recent year, 2024, is reported at USD 111.10 mn, with an EBITDA of -USD 104.18 mn. The company's revenue model focuses on B2B transactions, primarily through direct sales of its lidar sensors and software solutions, complemented by ongoing contracts for software support and upgrades. This model ensures a continuous revenue stream as clients integrate Ouster's lidar technology into their operations.Ouster, Inc. plans to launch new lidar sensor models in the coming years to meet the growing demand across various industries. The company is targeting expansion into international markets, particularly in Europe and Asia, by the end of 2024. The recent funding round will support these initiatives, enabling Ouster to enhance its research and development capabilities and expand its operational footprint. The merger with Velodyne Lidar, Inc. is expected to further strengthen Ouster's position in the lidar market, allowing for broader product offerings and improved solutions to meet client needs.

## Funding rounds

- Series B, Sep 8, 2020, $42M — Fontinalis Partners, Tao Capital Partners, Carthona Capital, Cox Automotive Inc.
- Series A, Dec 11, 2017, $27M — Cox Enterprises Inc., Fontinalis Partners, Constellation Technology Ventures, Tao Capital Partners, Carthona Capital, Amity Ventures
- Seed, Apr 6, 2016, $3M — Redbus, Tao Capital Partners, Cthulhu Ventures, Carthona Capital

## Investors

- Redbus (https://capitalatlas.ai/funds/redbus) — Seed
- Tao Capital Partners (https://capitalatlas.ai/funds/tao-capital-partners) — Seed, Series A, Series B
- Cthulhu Ventures (https://capitalatlas.ai/funds/cthulhu-ventures) — Seed
- Carthona Capital (https://capitalatlas.ai/funds/carthona-capital) — Seed, Series A, Series B
- Cox Enterprises Inc. — Series A
- Fontinalis Partners (https://capitalatlas.ai/funds/fontinalis-partners) — Series A, Series B
- Constellation Technology Ventures (https://capitalatlas.ai/funds/constellation-technology-ventures) — Series A
- Amity Ventures (https://capitalatlas.ai/funds/amity-ventures) — Series A
- Cox Automotive Inc. — Series B