Founded
Address
Cruise Automation Inc
548 Market Street
Suite 40873
San Francisco, CA 94104
United States
Phone
Website
Sector
KANDO id: 467824
Corporate information
Official name
Cruise Automation Inc
Registration country
Official identities
US CIK 0001653160
Company type
Self-driving car company that develops an autopilot system for existing cars.Overview
Cruise is building the world’s most advanced, all-electric, self-driving car technology to safely connect people with the places, things, and experiences they care about. Self-driving cars will help save lives, reimagine cities, redefine time in transit, and restore freedom of movement for individuals who live in dense urban settings. Acquired by GM in 2016.
Funding rounds
Acquisition USD 581,000,000
USD 581,000,000 ( ) at USD 581,000,000 pre-money valuation
Purchase in cash and stock. Valuation of USD 1,000,000,000 id earn-outs are included.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
General Motors Co (GM) | American multinational automotive manufacturing corporation headquartered in Detroit, Michigan, United States. | 581,000,000 (USD 581,000,000) |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
CSC Upshot Ventures I LP | Initial investment. ("via Tikhon Bernstam".) Exited. (Trade sale) |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Pipeline Capital Partners | Seed stage venture capital firm. | Initial investment. Exited. (Trade sale) |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Quiet Capital Management LLC | Initial investment. Exited. (Trade sale) |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Y Combinator | American technology startup accelerator. | Initial investment. |
Actual initial investment stage
Acquisition (1)
Investment activity status
Active investor
Selected investments
Displaying 1 - 1 of 1| Company | Profile | Funding | ||
|---|---|---|---|---|
|
Voyage | Acquisition Initial investment |
Team
| Employee | Position | ||
|---|---|---|---|
| Daniel Kan (founder) | |||
| Kyle Vogt (founder) |