Peloton Technology is a Silicon Valley-based vehicle automation company that is bringing new levels of safety, efficiency and analytics to freight trucking. Peloton employs vehicle-to-vehicle communications, active safety systems, vehicle control algorithms, and real-time monitoring to make individual trucks safer and enable platooning by pairs of tractor-trailers. Peloton systems also provide rich contextual data solutions for fleets and other transportation sector customers. Backed by eight Fortune Global 500 transportation and technology companies and other investors, Peloton is bringing its solutions to the $700 billion US trucking industry and international markets.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 07/23/15 | $17,000,000 | Series A |
DENSO International America Intel Capital Nokia Growth Partners | undisclosed |
| 04/12/17 | $60,000,000 | Series B |
B37 Ventures Birchmere Ventures BP Ventures DENSO International America Intel Capital Lockheed Martin Corporation Nokia Growth Partners Omnitracs  Sand Hill Angels UPS Ventures Volvo Group Venture Capital | undisclosed |
