PlusAI

SoftwareSeries CCupertino, USplus.ai

Latest round

Series C

Last raised

Mar 2021

Total raised

$420M

Investors

19

About PlusAI

, aka Plus provides deep learning and machine learning-based self-driving technology solutions for logistic businesses. The company was co-founded by David Liu, Hao Zheng, Shawn Kerrigan, and Tim Daly. In 2021, PlusAI, Inc. In May 2021, PlusAI, Inc. agreed to merge with Hennessy Capital Investment Corp. V, a special purpose acquisition company for approximately USD 350 million in cash. The company works with commercial transport businesses, by offering artificial intelligence-based self-driving truck solutions. The company offers radars - sensors that provide accurate 3D object detection, lidars - sensors that use laser beams to identify the location of obstacles around the vehicle, cameras – provides long-range perception, and localization and mapping algorithms – tracks and monitor the vehicle’s location in real-time. The company plans to go public through a merger with a special-purchase acquisition company in 2021. Additionally, it plans to develop a sales, engineering, and support network to help fleets integrate its platform into their daily operations.S. and China and expand to Europe and other parts of Asia.

Who invested in PlusAI

19 investors across 6 rounds

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Funding rounds

  1. Series C

    Mar 31, 2021

    Amount

    $220M

    Investors

    Locked

  2. Series B

    Feb 10, 2021

    Amount

    $200M

    Investors

    Locked

  3. Series A

    Nov 15, 2018

    Amount

    Undisclosed

    Investors

    Locked

  4. Series A

    Jun 21, 2018

    Amount

    Undisclosed

    Investors

    Locked

  5. Series A

    Mar 8, 2018

    Amount

    Undisclosed

    Investors

    Locked

  6. Seed

    Nov 11, 2016

    Amount

    Undisclosed

    Investors

    Locked

Questions about PlusAI

Who invested in PlusAI?

PlusAI has 19 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 PlusAI raised?

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

When did PlusAI last raise money?

PlusAI's most recent round on record is a Series C, in Mar 2021.

What does PlusAI do?

, aka Plus provides deep learning and machine learning-based self-driving technology solutions for logistic businesses.

Where is PlusAI headquartered?

PlusAI is headquartered in Cupertino, US.

Which VCs invest in companies like PlusAI?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PlusAI's stage. Their profiles are linked below.

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