Peloton Technology

Automobiles, Other Vehicles & PartsSeries BMenlo Park, USpeloton-tech.com

Latest round

Series B

Last raised

Apr 2017

Total raised

$107M

Investors

20

About Peloton Technology

Peloton Technology, Inc.Founded in 2011 in Menlo Park, US, Peloton Technology, Inc. specializes in precision agricultural systems aimed at optimizing tractor and implement performance. The company has undergone strategic pivots but operates independently without any known subsidiaries. Joseph Gerdes and Stephen Boyd founded the company, with Stephen Boyd currently serving as CEO.Peloton Technology, Inc. specializes in advanced agricultural technology solutions focused on improving the efficiency of farming operations. Their core offerings include precision agricultural systems that leverage data analytics to enhance tractor performance. These products are designed to address challenges faced by modern farmers, including yield improvement and cost reduction.Peloton Technology, Inc. generates revenue through a business-to-business model, primarily partnering with agricultural equipment manufacturers and selling directly to farming enterprises. Their revenue model includes subscription-based agreements that provide clients access to ongoing software updates and support, with tiered pricing plans tailored to different sizes of agricultural operations.As of April 2021, Peloton Technology, Inc. discontinued its operations.

Who invested in Peloton Technology

20 investors across 6 rounds

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Funding rounds

  1. Series B

    Apr 12, 2017

    Amount

    $60M

    Investors

    Locked

  2. Series B

    Feb 9, 2017

    Amount

    $30M

    Investors

    Locked

  3. Series A

    Jul 23, 2015

    Amount

    Undisclosed

    Investors

    Locked

  4. Series A

    Mar 18, 2015

    Amount

    $16M

    Investors

    Locked

  5. Seed

    Dec 4, 2014

    Amount

    Undisclosed

    Investors

    Locked

  6. Seed

    Apr 1, 2013

    Amount

    $0.9M

    Investors

    Locked

Questions about Peloton Technology

Who invested in Peloton Technology?

Peloton Technology has 20 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Peloton Technology raised?

Peloton Technology has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Peloton Technology last raise money?

Peloton Technology's most recent round on record is a Series B, in Apr 2017.

What does Peloton Technology do?

Peloton Technology is a automobiles, other vehicles & parts company.

Where is Peloton Technology headquartered?

Peloton Technology is headquartered in Menlo Park, US.

Which VCs invest in companies like Peloton Technology?

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

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