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Cruise Automation  Acquired by General Motors (2016 $ 581,000,000 )

333 Brannan Street
San Francisco, CA 94107
Website Company Summary Management Team

CEO: Kyle Vogt (10/31/2013)
President/COO/Operations: Daniel Kan ; Gil West (1/8/2021)
Finance: Bill Nash (5/31/2020)
Technology: Mo ElShenawy (12/31/2019) ; Oliver Cameron (2/28/2017) ; Jacob Rosenberg (05/31/2020)
General Counsel/Legal: Jeff Bleich ; Sheldon Quan
Customer Service: Sarah Basham

Outside board: (May no longer be on the board) Nabeel Hyatt (Spark Capital Venture Partner) Wesley Bush (Northrop Grumman Former Assistant Controller)
Advisory board: Jim Scheinman (Maven Ventures CEO) Gaurav Jain (Founder Collective Principal) Varun Jain (Qualcomm Ventures investment manager)

Business description: Cruise is building the world’s most advanced self-driving vehicles to safely connect people with the places, things, and experiences they care about. Since our 2013 founding in San Francisco, we have hired over 1,600 talented individuals and opened additional offices in greater Seattle, Pasadena, and Phoenix. We have raised $10B from General Motors, Honda, Microsoft, SoftBank, T. Rowe Price, Walmart and others. Through our partnerships with General Motors and Honda, we are the only self-driving company with fully integrated manufacturing at scale, building all-electric, zero-emission, self-driving vehicles that will help save lives, reimagine cities, reduce carbon pollution, redefine time in transit, and restore freedom of movement for individuals who live in dense urban settings. Together, we believe our world-class partners, deep resources, and technology approach of testing in a complex urban environment will help shave years off of our timeline to launch all-electric, self-driving vehicles at scale.
Partners include: DoorDash Microsoft Walmart

Rounds: 8
Recent Fundings: Feb 2022   Apr 2021
Capital raised: 9400.00M
Last Round: 1350.00M
Ownership: Acquired by General Motors (2016 $ 581,000,000 )
VCs include: T. Rowe Price Felicis Ventures Spark Capital Founder Collective AME Cloud Ventures Initialized Capital Tuesday Capital ;  undisclosed investors Flight Ventures SoftBank Vision Fund
Corporate investors: Microsoft WalmartGeneral Motors;  Honda ;  Honda Motor

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Last Mentions

Record updated: Feb 2022
Sector: Vehicles & Transportation
Year Founded: 2013
Headcount: 2001-3000 as of Feb 2022
Rounds: 8
Recent Fundings: Feb 2022   Apr 2021
Capital Raised: 9400.00M
Last Round: 1350.00M
Ownership: Acquired by General Motors (2016 $ 581,000,000 )