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optimusride.com

Founded Year

2015

Stage

Acq - Talent | Acquired

Total Raised

$78.33M

About Optimus Ride

Optimus Ride develops self‑driving technologies to enable safe, sustainable, and equitable mobility solutions. It is designing a fully autonomous (level 4) system for electric vehicle fleets.

Optimus Ride Headquarters Location

88 Black Falcon Avenue Suite 188

Boston, Massachusetts, 02110,

United States

202-997-5176

ESPs containing Optimus Ride

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Transportation & Logistics / Automotive Tech

Startups in this market are designing autonomous vehicles from the ground up, purpose-built as passenger cars and shuttles, largely to be used for autonomous ride-hailing services. These vehicles take a variety of form factors — some resemble a traditional passenger vehicle and others are designed to optimize space and utility for multiple passengers.

Optimus Ride named as Challenger among 5 other companies, including EasyMile, Zoox, and May Mobility.

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Research containing Optimus Ride

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Optimus Ride in 1 CB Insights research brief, most recently on Jan 28, 2022.

Expert Collections containing Optimus Ride

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Optimus Ride is included in 4 Expert Collections, including Digital Health.

D

Digital Health

8,838 items

Startups recreating how healthcare is delivered

A

Auto & Mobility Tech

1,462 items

Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.

S

Smart Cities

1,937 items

A

Artificial Intelligence

9,391 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Optimus Ride Patents

Optimus Ride has filed 11 patents.

The 3 most popular patent topics include:

  • Autonomous cars
  • Parallel computing
  • Robotics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/4/2021

Autonomous cars, Data management, Parallel computing, Data mapping, Robotics

Application

Application Date

5/4/2021

Grant Date

Title

Related Topics

Autonomous cars, Data management, Parallel computing, Data mapping, Robotics

Status

Application

Latest Optimus Ride News

Auto systems giant Magna acquires autonomous shuttle startup Optimus Ride

Jan 14, 2022

January 14, 2022 Magna , one of the world’s largest producers of automotive components and systems, has acquired autonomous shuttle startup Optimus Ride for an undisclosed amount. Magna says the agreement has resulted in the company adding more than 120 employees of Optimus Ride to its books. Optimus Ride is a provider of autonomous vehicle and mobility solutions located in Boston. Magna says the acquisition of the startup enhances Magna’s capabilities in the field of advanced driver assistance systems (ADAS). John O’Hara, president of Magna Electronics, says: “Growing our engineering bench strength in sensing hardware and software helps accelerate our path forward in a rapidly growing ADAS market.” The contributions expected from the Optimus Ride employees will be valuable as Magna builds on its strengths and position as a global ADAS provider with comprehensive capabilities. The team remains in Boston’s Seaport district, establishing a Boston-based engineering center and presence for Magna in a community rich in engineering talent, leading academic institutions and robotics. O’Hara adds: “As advancements in autonomy continue, we saw an opportunity to bring in additional expertise to support current programs as well as future customer needs. We are happy to welcome the Optimus Ride employees to the Magna family.” Share this:

Optimus Ride Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Optimus Ride Rank

  • When was Optimus Ride founded?

    Optimus Ride was founded in 2015.

  • Where is Optimus Ride's headquarters?

    Optimus Ride's headquarters is located at 88 Black Falcon Avenue, Boston.

  • What is Optimus Ride's latest funding round?

    Optimus Ride's latest funding round is Acq - Talent.

  • How much did Optimus Ride raise?

    Optimus Ride raised a total of $78.33M.

  • Who are the investors of Optimus Ride?

    Investors of Optimus Ride include Magna International, Paycheck Protection Program, Greycroft, FirstMark Capital, Emerson Collective and 12 more.

  • Who are Optimus Ride's competitors?

    Competitors of Optimus Ride include May Mobility, Apex.AI, Beep, BestMile, Humanising Autonomy and 10 more.

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