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Optimus Ride

Optimus Ride

A technology company developing technologies for self driving vehicles.

OverviewStructured DataIssuesContributors

Contents

optimusride.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Autonomous System
Autonomous System
‌
Low-Speed Autonomy
Robotics
Robotics
Machine learning
Machine learning
Ridesharing
Ridesharing
Transportation
Transportation
Autonomous vehicle
Autonomous vehicle
Technology
Technology
...
Location
United States
United States
Boston
Boston
CEO
Ryan Chin
Ryan Chin
Pitchbook URL
pitchbook.com/profiles...126596-71
Legal Name
Optimus Ride Inc.
Accelerator
TheVentureCity
TheVentureCity
Number of Employees (Ranges)
1 – 100
Email Address
info@optimusride.com
Full Address
88 Black Falcon, Boston, MA 02210, US0
CIK Number
1,656,170
Investors
GRIDS Capital
GRIDS Capital
Joi Ito
Joi Ito
Greycroft
Greycroft
NextView Ventures
NextView Ventures
Emerson Collective
Emerson Collective
Fraser McCombs Capital
Fraser McCombs Capital
Morado Ventures
Morado Ventures
0
Alumni Ventures Group
Alumni Ventures Group
0
...
Founded Date
2015
0
Total Funding Amount (USD)
23,250,000
Latest Funding Round Date
November 2017
Latest Funding Type
Series A
Series A
NAICS Code
336,999

Other attributes

Acquirer
Magna International
Magna International
Company Operating Status
Active

Optimus Ride is a technology company developing technologies for self driving vehicles that is headquartered in Cambridge, Massachusetts and was founded in 2015 by Albert Huang, Jenny Larios Berlin, Ramiro Almeida, Ryan Chin, and Sertac Karaman. The company develops their technologies by leveraging their knowledge in the fields of robot manufacturing, urban design, and on-demand vehicle fleet management.

Funding
Non-equity assistance

On January 1, 2015 Optimus Ride received an undisclosed amount of non-equity assistance from MIT Media Lab.

Seed

On October 11, 2016 Optimus Ride completed their seed funding round with $5.3 million in funding from NextView Ventures (lead investor), FirstMark (lead investor), UJ Ventures, Nvidia GPU Ventures, Morado Ventures, Haystack, Greycroft, and Joi Ito.

Series A

On November 2, 2017 Optimus Ride completed their series A funding round with $18 million in funding from Greycroft (lead investor), TheVentureCity, Neoteny, Fraser McCombs Capital, FirstMark, Emerson Collective, and Eight Rods Ventures. The company plans on using their series A funding to expand its vehicle fleet and hire new employees.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Boston self-driving car company Optimus Ride closes its doors

Pranshu Verma

https://www.bostonglobe.com/2022/01/11/business/boston-self-driving-car-company-optimus-ride-is-acquired/

Web

January 11, 2022

References

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