Tech Company Financing Transactions

Cruise Funding Round

Cruise, based in San Francisco, secured $2 billion from General Motors Corporation, Honda Strategic Venturing and M12.

Transaction Overview

Company Name
Announced On
1/20/2021
Transaction Type
Venture Equity
Amount
$2,000,000,000
Round
Undisclosed
Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
Transportation
Mailing Address
548 Market St. 40873
San Francisco, CA 94104
USA
Email Address
Overview
Cruise has built the first highway autopilot system that installs on your existing vehicle. It uses sensors and advanced machine vision technology to keep you in your lane and a safe distance from the car in front of you.
Profile
Cruise LinkedIn Company Profile
Social Media
Cruise Company Twitter Account
Company News
Cruise News
Facebook
Cruise on Facebook
YouTube
Cruise on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Ammann
  Daniel Ammann LinkedIn Profile  Daniel Ammann Twitter Account  Daniel Ammann News  Daniel Ammann on Facebook
Chief Operating Officer
Gil West
  Gil West LinkedIn Profile  Gil West Twitter Account  Gil West News  Gil West on Facebook
Chief Technical Officer
Kyle Vogt
  Kyle Vogt LinkedIn Profile  Kyle Vogt Twitter Account  Kyle Vogt News  Kyle Vogt on Facebook
Vice President
Robert Grant
  Robert Grant LinkedIn Profile  Robert Grant Twitter Account  Robert Grant News  Robert Grant on Facebook
Vice President
Lucas Watson
  Lucas Watson LinkedIn Profile  Lucas Watson Twitter Account  Lucas Watson News  Lucas Watson on Facebook
VP - Engineering
Mo ElShenawy
  Mo ElShenawy LinkedIn Profile  Mo ElShenawy Twitter Account  Mo ElShenawy News  Mo ElShenawy on Facebook
VP - Finance
William Nash
  William Nash LinkedIn Profile  William Nash Twitter Account  William Nash News  William Nash on Facebook
VP - General Counsel
Jeffrey Bleich
  Jeffrey Bleich LinkedIn Profile  Jeffrey Bleich Twitter Account  Jeffrey Bleich News  Jeffrey Bleich on Facebook
VP - Human Resources
Arden Hoffman
  Arden Hoffman LinkedIn Profile  Arden Hoffman Twitter Account  Arden Hoffman News  Arden Hoffman on Facebook
VP - Marketing
Kristine Boyden
  Kristine Boyden LinkedIn Profile  Kristine Boyden Twitter Account  Kristine Boyden News  Kristine Boyden on Facebook
VP - Product Management
Daniel Kan
  Daniel Kan LinkedIn Profile  Daniel Kan Twitter Account  Daniel Kan News  Daniel Kan on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/20/2021: XP Health venture capital transaction
Next: 1/20/2021: Torq venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here come from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary