Tech Company Financing Transactions

Phantom AI Funding Round

Phantom AI closed a $13.5 million Series A funding round on 4/19/2019. Investors included Bessemer Venture Partners and private investors.

Transaction Overview

Company Name
Announced On
4/19/2019
Transaction Type
Venture Equity
Amount
$13,500,000
Round
Series A
Investors

Bessemer Venture Partners (Lead Investor)

Proceeds Purpose
This capital will used to expand a logistics business targeting sidewalks, warehouses and cargo yards, all the places where autonomy and teleoperation are being deployed today.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
2177 Leghorn St.
Mountain View, CA 94043
USA
Phone
Undisclosed
Email Address
Overview
Phantom AI is a remote control-as-a-service safety solution for autonomous vehicles (AVs). The company's low-latency, high-bandwidth technology allows trained tele-operators to remotely support AVs encountering challenges that can't be resolved by current autonomous technology or when passengers seek assistance.
Profile
Phantom AI LinkedIn Company Profile
Social Media
Phantom AI Company Twitter Account
Company News
Phantom AI News
Facebook
Phantom AI on Facebook
YouTube
Phantom AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Shai Magzimof
  Shai Magzimof LinkedIn Profile  Shai Magzimof Twitter Account  Shai Magzimof News  Shai Magzimof on Facebook
Chief Operating Officer
Ohad Dvir
  Ohad Dvir LinkedIn Profile  Ohad Dvir Twitter Account  Ohad Dvir News  Ohad Dvir on Facebook
VP - Bus. Development
Elliot Katz
  Elliot Katz LinkedIn Profile  Elliot Katz Twitter Account  Elliot Katz News  Elliot Katz on Facebook
VP - Customer Service
Scott Brown
  Scott Brown LinkedIn Profile  Scott Brown Twitter Account  Scott Brown News  Scott Brown on Facebook
VP - Engineering
Yuval Deri
  Yuval Deri LinkedIn Profile  Yuval Deri Twitter Account  Yuval Deri News  Yuval Deri on Facebook
VP - Engineering
Elrom Silvera
  Elrom Silvera LinkedIn Profile  Elrom Silvera Twitter Account  Elrom Silvera News  Elrom Silvera on Facebook
VP - Operations
Jordan Sanders
  Jordan Sanders LinkedIn Profile  Jordan Sanders Twitter Account  Jordan Sanders News  Jordan Sanders on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/19/2019: Bidsquare venture capital transaction
Next: 4/19/2019: Arrakis Therapeutics venture capital transaction

 

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Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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