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Peloton Technology  (Stock symbol: PTON )

1060 La Avenida Street
Mountain View, CA 94043
USA
650 395 7356
Website Company Summary Management Team
Management

CEO: Joshua Switkes (7/31/2010)
President/COO/Operations: Greg Andrade (6/30/2017)
General Management: Steve Boyd (10/31/2011)
Finance: Antonio Vitti
Technology: Dave Lyons (8/31/2011) ; Dean Hogle (6/30/2020) ; Mark Herbert ; Oliver Bayley (8/31/2016)
Sales/Marketing: Dara Treseder
Business Development: Matt Hall; Mindy Lieberman
Customer Service: Joyce Tam
Former Employees: Chris Gerdes Chuck Price Rod McLane
Board

Outside board: (May no longer be on the board) Lawrence D. Burns (General Motors VP R&D) Mark Lydon (Intel Capital) Imran Kizilbash (Schlumberger Venture Fund VO Channel Sales & Alliances) Ken Arnold (Sand Hill Angels) Chris Gerdes (Peloton Technology Former Principal Scientist);  Rodney Slater (United States Secretary of Transportation Former Secretary)
Former outside board: Ralph Eschenbach (TailWind Solutions CEO)
Company

Business description: Peloton is a connected and automated vehicle technology company dedicated to improving the safety and efficiency of the $700 billion U.S. trucking industry and other global automotive markets. Peloton creates strong partnerships with customers to provide and manage innovative tools for saving fuel, avoiding accidents, and improving operational insight through the use of connectivity, automation and data analytics. Peloton’s flagship two-truck platooning system, PlatoonPro, wirelessly links the active safety systems of pairs of trucks, allowing them to form an aerodynamic platoon to save fuel. The platooning system connects each truck to a cloud-based Network Operations Center that limits platooning to appropriate roads and conditions while providing safety-critical information to drivers and advanced analytics to fleets. Peloton's platooning system has demonstrated fuel savings of 10% on the follow truck and 4.5% on the lead truck in independent SAE J1321 Type II fuel consumption testing.
Partners include: Omnitracs ;  US DOT / Federal Highway Administration
Capital

Rounds: 5
Recent Fundings: Apr 2017   Apr 2017
Capital raised: 78.0M
Last Round: 60.0M
Ownership: Public   Ipo Filing
Stock Symbol: PTON
VCs include: Band of Angels;  Denso Birchmere VenturesNokia Growth Partners;  Castrol innoVentures;  Magna International B37 Ventures;  US Venture;  Bond
Corporate investors: Intel Capital;  Schlumberger;  Lockheed Martin;  UPS Strategic Enterprise Fund ;  Mitsui USA;  Volvo Group Venture Capital ;  Omnitracs BP Ventures;  Okaya ;  Breakthrough Fuel

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Overview
Record updated: Jul 2021
Sector: Internet
Year Founded: 2011
Headcount: 26-50 as of Jul 2021
Rounds: 5
Recent Fundings: Apr 2017   Apr 2017
Capital Raised: 78.0M
Last Round: 60.0M
Ownership: Public   Ipo Filing
Stock Symbol: PTON