Founded
31 Dec 2013

Address

Cruise Automation Inc
548 Market Street
Suite 40873
San Francisco, CA 94104
United States

Open Map

Business classification

VCID: 467824
    Profile

    Corporate information

    Official name
    Cruise Automation Inc

    Registration country

    Official identities

    US CIK 0001653160

    Investment activity status
    Active investor

    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 (31 Dec 2016) at USD 581,000,000 valuation.
    Purchase in cash and stock. Valuation of USD 1,000,000,000 id earn-outs are included.

    Profile Country Notes
    General Motors Co American multinational automotive manufacturing corporation headquartered in Detroit, Michigan, United States. United States


    Profile Country Notes
    CSC Upshot Ventures I LP United States "via Tikhon Bernstam"., Initial investment. Round participant.


    Profile Country Notes
    Pipeline Capital Partners Seed stage venture capital firm. United States Initial investment. Round participant.


    Profile Country Notes
    CapitalX Initial investment. Round participant.


    Profile Country Notes
    Quiet Capital Management LLC United States Initial investment. Round participant.


    Profile Country Notes
    Y Combinator LLC American technology startup accelerator. United States Initial investment. Round participant.


    Profile Country Notes
    Zillionize Pty Ltd Initial investment. Round participant.

    Current and past shareholders

    Investor Contacts Round
    CapitalX logo CapitalX
    N/A (exited)
    CSC Upshot Ventures I LP logo CSC Upshot Ventures I LP
    +1 (910) 494-3723
    N/A (exited)
    General Motors Co logo General Motors Co
    American multinational automotive manufacturing corporation headquartered in Detroit, Michigan, United States.
    Acquisition
    Pipeline Capital Partners logo Pipeline Capital Partners
    Seed stage venture capital firm.
    N/A (exited)
    Quiet Capital Management LLC logo Quiet Capital Management LLC
    N/A (exited)
    Y Combinator logo Y Combinator LLC
    American technology startup accelerator.
    Seed
    Zillionize logo Zillionize Pty Ltd
    N/A

    Selected investments

    Country Notes
    Voyage
    Acquisition
    Initial investment. Round participant. Active