Optimus Ride
AcquiredConnecting the world with autonomy
Boston, United States · Founded 2015 · $77.5M raised
- Headquarters
- Boston, Massachusetts
- Employees
- 51–200
- Founded
- 2015
- Business Model
- B2B
- Website
- optimusride.com
- Total Funding
- $77.5M
- Last Round
- $50.0M Series BNov 2017
- Rounds
- 4
- Acquired by
- Magna InternationalJan 2022
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 an Autonomous Vehicles 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
Jan 2022
Sign up to see all 5 rounds
Series B through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
Greycroft
2 rounds
FirstMark Capital
2 rounds
U.S. Department of Energy Loan Programs Office
1 round
Magna Capital Partners
1 round
NextView Ventures
1 round
Eight Roads Ventures
2 rounds
Emerson Collective
2 rounds
Alumni Ventures
1 round
Edison Partners (US)
1 round
TheVentureCity
1 round
Neoteny
1 round
FM Capital
1 round
Morado Ventures
1 round
Haystack
1 round
Nvidia NVentures
1 round
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