Optimus Ride

Acquired

Connecting the world with autonomy

Boston, United States · Founded 2015 · $77.5M raised

Employees
51–200
Founded
2015
Business Model
B2B
Total Funding
$77.5M
Last Round
$50.0M Series BNov 2017
Rounds
4

About

Optimus Ride was an MIT spinoff founded in 2015 that developed fully autonomous (SAE Level 4) self-driving vehicle systems for geofenced environments, with a focus on last-mile transportation in planned communities, campuses, and urban mobility zones. The company deployed shared, electric autonomous vehicle fleets and provided the full technology stack from perception and planning to fleet management software. Optimus Ride raised $82 million before being acquired by Magna International in January 2022.

Summary

Optimus Ride is a company based in Boston, United States, founded in 2015. It has raised $77.5M in total across 4 rounds, most recently a $50.0M Series B round in Nov 2017. Investors include Greycroft, FirstMark Capital and U.S. Department of Energy Loan Programs Office.

Tech & App Stack

3 technologies & apps tracked

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Funding History

AcquisitionJan 2022

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Full funding history, per-round amounts, and investor participation.

Investors