Peloton is an automated vehicle technology company hard at work solving the two biggest challenges facing the $700 billion trucking industry: Crashes and Fuel Use. We make each individual truck safer with the use of best-in-class collision mitigation systems. Always-on radar sensors detect stopped or slowed vehicles far down the road to alert the driver and apply brakes when needed. Trucks are connected using direct Vehicle to Vehicle (V2V) communications. This allows the rear truck to react immediately to the actions of the front truck. By electronically coupling the trucks in this way, they accelerate and brake together and can safely operate at closer distances to form a platoon.
Founded
2011
Headquarters
Mountain View, CA
Company Size
around 74
Competitors
n/a
Industries

Joshua Switkes
CEO and Founder

Chris Gerdes
Founder

Dave Lyons
Chief Innovation Officer and Founder

Chuck Price
VP of Engineering

Steve Boyd
VP External Affairs and Founder

TOTAL
Raised

$78,400,000.00

4 rounds of funding

B

April 2017

$60,000,000.00

Omnitracs, Lockheed Martin, Mitsui, Okaya, Birchmere Ventures, Breakthrough Fuel

A

April 2015

$16,000,000.00

Intel Capital, Denso

Venture

September 2013

$1,500,000.00

Nokia Growth Partners

Seed

April 2013

$900,000.00

Band of Angels