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Corporation
AUTOMOTIVE & TRANSPORTATION | Automobile Parts
lear.com

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Investments

5

Partners & Customers

10

Service Providers

1

About Lear Corporation

The Lear Corporation is a Fortune 500 company with world-class products designed, engineered and manufactured by a diverse team of talented employees. As a leading supplier of automotive seating and electrical, Lear serves its customers with global capabilities while maintaining individual commitment. With headquarters in Southfield, Michigan, Lear maintains 221 locations in 36 countries around the globe and employs approximately 122,000 employees. Lear is traded under the symbol [LEA] on the New York Stock Exchange.

Lear Corporation Headquarter Location

21557 Telegraph Road

Southfield, Michigan, 48033,

United States

248-447-1500

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Expert Collections containing Lear Corporation

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

Find Lear Corporation in 1 Expert Collection, including Fortune 500 Investor list.

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Fortune 500 Investor list

590 items

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Lear Corporation Web Traffic

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Lear Corporation Rank

Latest Lear Corporation News

21:00 EDT WOVEN PLANET HOLDINGS APPOINTS JOHN ABSMEIER TO BE CHIEF TECHNOLOGY OFFICER

Jun 29, 2022

News provided by Share this article Joins deep leadership bench leading accelerating software and technology development program TOKYO and PALO ALTO, Calif., June 28, 2022 /PRNewswire/ -- Woven Planet Holdings, Inc. ("Woven Planet"), a subsidiary of Toyota Motor Corporation ("Toyota"), today announced that John Absmeier will join the Company as chief technology officer, effective July 25, 2022. Toyota created Woven Planet to help accelerate its transformation to a mobility company through the development of products and services that can improve quality of life by reinventing mobility for people, goods, and services. Absmeier's hiring reflects the growth of Woven Planet's software engineering and technology development capabilities following its acquisition of Lyft Level 5, CARMERA, and Renovo Motors in 2021. As CTO, Absmeier will apply his deep experience in the automotive and software industries to oversee the company's technical direction. In addition to advising on the adoption of new technologies, he will lead Woven Planet's engineering teams and the company's Security and IT divisions, splitting his time between Japan and the United States. COMMENT FROM JAMES KUFFNER, CEO, WOVEN PLANET "I am thrilled to welcome John to Woven Planet. His outstanding academic credentials, proven leadership, and extensive automotive, technology, and business experience makes him an incredible asset as we accelerate the development of advanced mobility products and services. Moreover, his servant leadership principles and values align very closely with who we are and what we believe is possible through mobility." COMMENT FROM JOHN ABSMEIER, CTO, WOVEN PLANET "I am honored and humbled to serve as Woven Planet's Chief Technology Officer," said John Absmeier. "It is an opportunity of a lifetime to help accelerate the company's mission to deliver safe, intelligent, human-centered mobility to all. Together with Toyota, we will delight customers with new and meaningful mobility experiences today and into the future. I look forward to helping in every way and with everyone along this amazing journey." Absmeier is a technology forward business leader with more than 25 years of experience leading software and technology programs at both start-ups and publicly traded companies globally. John joins Woven Planet from Lear Corporation, where he led all aspects of innovation and technology as the Chief Technology Officer. He previously served as Senior Vice President and General Manager at Harman International and Vice President of Smart Machines at Samsung Electronics, where he led the acquisition of Harman by Samsung. He started his career at Delphi, where he held multiple roles of increasing responsibility, including Managing Director of Delphi Labs @ Silicon Valley and Autonomous Driving as well as Business Director for Electronic Controls and Electrification in Asia-Pacific. Absmeier served in the U.S. Marine Corps and holds a Bachelor of Science in Mechanical Engineering from Purdue University, and Master of Science in Mechanical Engineering and Management of Technology from the University of California at Berkeley. He also serves on the board of directors of Sensata Technologies, the California Mobility Center, and Voltaiq companies. ABOUT WOVEN PLANET Woven Planet is building the safest mobility in the world. A subsidiary of Toyota, Woven Planet innovates and invests in new technologies, software, and business models that transform how we live, work and move. With a focus on automated driving, robotics, and Woven City, Woven Planet builds on Toyota's legacy of trust to deliver secure, connected, reliable, and sustainable mobility solutions for all. Learn more at https://www.woven-planet.global/en

Lear Corporation Investments

5 Investments

Lear Corporation has made 5 investments. Their latest investment was in CelLink as part of their Series D on February 2, 2022.

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Lear Corporation Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/16/2022

Series D

CelLink

$250M

Yes

8

8/2/2017

Series A - IV

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$99M

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10

2/13/2017

Series D

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$99M

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10

9/13/2016

Series C

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$99M

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10

2/3/2016

Series A - III

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$99M

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10

Date

2/16/2022

8/2/2017

2/13/2017

9/13/2016

2/3/2016

Round

Series D

Series A - IV

Series D

Series C

Series A - III

Company

CelLink

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Amount

$250M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

8

10

10

10

10

Lear Corporation Acquisitions

11 Acquisitions

Lear Corporation acquired 11 companies. Their latest acquisition was I.G. Bauerhin on May 20, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/20/2022

$99M

Acquired

2

5/19/2022

$99M

Acquired

1

10/28/2021

$99M

Acquired Unit

8

3/25/2021

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$99M

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10

4/2/2019

Other Venture Capital

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$99M

$99M

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10

Date

5/20/2022

5/19/2022

10/28/2021

3/25/2021

4/2/2019

Investment Stage

Other Venture Capital

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

Note

Acquired

Acquired

Acquired Unit

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Sources

2

1

8

10

10

Lear Corporation Partners & Customers

10 Partners and customers

Lear Corporation has 10 strategic partners and customers. Lear Corporation recently partnered with General Motors on March 3, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

3/9/2022

Client

United States

Lear Selected as Supplier for 2024 Chevrolet Silverado EV.

SOUTHFIELD , Michigan -- Lear Corporation , a global automotive-technology leader in seating and E-Systems , today announced that it has been selected by General Motors to supply front and rear seats to the 2024 Chevrolet pickup .

1

11/8/2021

Vendor

United States

1

11/1/2021

Partner

China

07:00 ET Lear, Shinry Forming Joint Venture for Onboard Vehicle Chargers

SOUTHFIELD , Mich. , Nov. 1 , 2021 / PRNewswire / -- Lear Corporation , a global automotive technology leader in Seating and E-Systems , today announced that it has signed a definitive agreement to establish a joint venture with Shinry -LRB- 300745 .

1

11/1/2021

Partner

China

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10

6/16/2021

Partner

Germany

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10

Date

3/9/2022

11/8/2021

11/1/2021

11/1/2021

6/16/2021

Type

Client

Vendor

Partner

Partner

Partner

Business Partner

Country

United States

United States

China

China

Germany

News Snippet

Lear Selected as Supplier for 2024 Chevrolet Silverado EV.

SOUTHFIELD , Michigan -- Lear Corporation , a global automotive-technology leader in seating and E-Systems , today announced that it has been selected by General Motors to supply front and rear seats to the 2024 Chevrolet pickup .

07:00 ET Lear, Shinry Forming Joint Venture for Onboard Vehicle Chargers

SOUTHFIELD , Mich. , Nov. 1 , 2021 / PRNewswire / -- Lear Corporation , a global automotive technology leader in Seating and E-Systems , today announced that it has signed a definitive agreement to establish a joint venture with Shinry -LRB- 300745 .

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Sources

1

1

1

10

10

Lear Corporation Service Providers

1 Service Provider

Lear Corporation has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor, Sole Financial Advisor

Service Provider

Associated Rounds

Acquired

Provider Type

Investment Bank

Service Type

Financial Advisor, Sole Financial Advisor

Partnership data by VentureSource

Lear Corporation Team

14 Team Members

Lear Corporation has 14 team members, including former Chief Executive Officer, Matthew Simoncini.

Name

Work History

Title

Status

Matthew Simoncini

Chief Executive Officer

Former

Dean Ackerman

President

Former

Ken Ford

Bosch Thermotechnik GmbH, The Bosch Group, and Tenneco

President

Former

Miguel Casado

Chief Financial Officer

Former

John Absmeier

Chief Technology Officer

Former

Name

Matthew Simoncini

Dean Ackerman

Ken Ford

Miguel Casado

John Absmeier

Work History

Bosch Thermotechnik GmbH, The Bosch Group, and Tenneco

Title

Chief Executive Officer

President

President

Chief Financial Officer

Chief Technology Officer

Status

Former

Former

Former

Former

Former

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