Cruise
Company

Last deal

$850M

Amount

Corporate Round

Stage

12.06.2024

Date

3

all rounds

$17.32B

Total amount

date founded

Financing round

General

About Company
Cruise is developing advanced self-driving vehicles to connect people with their desired destinations and experiences.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2013

Number of employees

Company Type

For Profit

Last funding type

Corporate Round

IPO status

Private

Description

Founded in 2013, Cruise has raised $10B from prominent investors such as General Motors, Honda, Microsoft, and SoftBank. With over 1,600 employees and offices in multiple locations, Cruise is the only self-driving company with fully integrated manufacturing capabilities. Their all-electric, zero-emission vehicles aim to save lives, transform cities, reduce carbon pollution, and provide mobility in dense urban areas. Through partnerships with General Motors and Honda, Cruise is accelerating the timeline for launching self-driving vehicles at scale. Cruise's autonomous vehicles are already navigating challenging driving environments in San Francisco, exposing them to real-world traffic scenarios.
Contacts
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M&A Details
1

Acquired by

General Motors

announced date

11.03.2016

price

$1B

Financials

Funding Rounds
15
3

Number of Funding Rounds

$17.32B

Money Raised

Their latest funding was raised on 12.06.2024. Their latest investor General Motors. Their latest round Corporate Round

Date 
Funding Round 
Investors 
Money Raised 
Lead 
General Motors

General Motors

General Motors Company is a multinational automotive manufacturing corporation that produces and sells cars and trucks worldwide.

Sector

Automobiles and Parts

Subsector

Auto Parts

Location

Detroit, MI, USA

total rounds

4

total raised

$6.5B

count Of Investments

33

count Of Exists

1
General Motors

General Motors

General Motors Company is a multinational automotive manufacturing corporation that produces and sells cars and trucks worldwide.

Sector

Automobiles and Parts

Subsector

Auto Parts

Location

Detroit, MI, USA

total rounds

4

total raised

$6.5B

count Of Investments

33

count Of Exists

1
General Motors

General Motors

General Motors Company is a multinational automotive manufacturing corporation that produces and sells cars and trucks worldwide.

Sector

Automobiles and Parts

Subsector

Auto Parts

Location

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total rounds

4

total raised

$6.5B

count Of Investments

33

count Of Exists

1
Co-Investors
Investors
30
8

Number of lead investors

30

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Corporate Round, Secondary Market
General Motors

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Tuesday Capital

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Acquisitions
4
Acquiree Name 
Date 
Price 
Acquisition Name 
Voyage acquired by Cruise

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acquirer

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date

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type

Acquisition
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acquirer

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date

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type

Acquisition
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Subsector

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Keywords

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Zippy.ai acquired by Cruise

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acquirer

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type

Acquisition
Zippy.ai

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Sector

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Subsector

Specialty Machinery

Keywords

Logistics, Robotics, Artificial Intelligence

Location

Santa Clara, CA, USA

total rounds

1

People

Founders
3

Jeremy Guillory

organization founded

1

Jeremy Guillory

Daniel Kan
Daniel Kan

Daniel Kan

Daniel Kan is the Co-Founder of Exec, along with his brother, Justin Kan. He was formerly head of business development at customer-service startup UserVoice and will be running hiring and operations at Exec.

current job

Cruise
Cruise

count Of Investments

7

Daniel Kan

Kyle Vogt
Kyle Vogt

Kyle Vogt

Kyle Vogt is the Co-Founder and Interim CEO of Cruise. He attended Massachusetts Institute of Technology.

current job

Cruise
Cruise

organization founded

4

Kyle Vogt

Employee Profiles
464
Eric Gonzalez

Eric Gonzalez

Principal Engineer, Vehicle Integration

Russell Shiffer

Russell Shiffer

Staff Technical Program Manager, Simulation

Robert Neidlinger

Robert Neidlinger

Principal - Embedded Systems

Andrew Kolkhorst

Senior technical recruiter

Sam Button

Software engineer

Christine Schmidt

Head of people analytics

Effy Zhang

Staff product designer

Marisa Lomask

R and d, av test specialist

Activity

Recent News
12
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