Cruise

Cruise is a company focused on developing advanced self-driving vehicles that aim to enhance road safety and transform the transportation experience. By producing zero-emission vehicles at a dedicated manufacturing facility, Cruise integrates sophisticated hardware and software to navigate complex and unpredictable driving environments. The company's autonomous vehicles are designed to connect people with essential places, things, and experiences, particularly in dense urban settings, thereby restoring freedom of movement while simultaneously reducing carbon emissions and transit times.

Mo Elshenawy

President and CTO

Craig Glidden

President and CAO

5 past transactions

Voyage

Acquisition in 2021
Voyage Auto, Inc. specializes in providing autonomous taxi services primarily for retirement communities. Founded in 2017 and headquartered in Santa Clara, California, the company aims to enhance mobility for residents who may face transportation challenges. By utilizing retrofitted mass-production vehicles, Voyage has developed a fleet of self-driving taxis designed to offer safe, efficient, and affordable rides. The company is dedicated to ensuring that all passengers reach their destinations comfortably and on time, with a focus on expanding its services beyond retirement communities to provide accessible transportation for a broader audience.

Astyx Communication & Sensors

Acquisition in 2020
Astyx specializes in the development and manufacturing of high and ultra-high frequency sensors, catering to automotive, aerospace, and industrial sectors. The company focuses on creating sensors for both short and long-range radar systems. In addition to sensor technology, Astyx produces micro and millimeter wave modules aimed at enhancing wireless communication. Their expertise also extends to radio frequency (RF) sensors designed for automotive and automation applications, positioning them as a key player in the sensor and communications market.

Dashride

Acquisition in 2019
Dashride, LLC specializes in ride management software tailored for taxi and limousine companies. The company offers a comprehensive suite of cloud-based tools that streamline operations for dispatchers, drivers, and clients. Its platform includes an online portal enabling dispatchers to manage driver assignments and track user locations in real time, along with a mobile application for drivers to manage their ride lists and receive dispatcher notifications. Additionally, Dashride provides a ride scheduling widget that allows customers to book rides easily and receive confirmation via text. The software also includes features for analytics on rides and usage statistics, as well as billing and reporting functionalities for clients. Dashride further supports its users with technical assistance and custom branded application development for both iOS and Android platforms. The company is headquartered in Storrs, Connecticut.

Zippy.ai

Acquisition in 2018
Zippy.ai specializes in the development of autonomous robots aimed at enhancing last-mile delivery services for groceries and packages. The company employs advanced technologies such as artificial intelligence and GPS to create a fleet of robots that can efficiently deliver orders directly to consumers. These robots are designed to integrate smoothly into urban environments, facilitating everyday activities like food delivery and online shopping. By focusing on autonomous mobility, Zippy.ai aims to contribute to a future economy that relies on intelligent and independent robotic solutions, ultimately improving efficiency and productivity for its clients.

Strobe

Acquisition in 2017
Strobe aims to speed up the adoption of the autonomous vehicle by introducing high performance, cost efficient solutions. The company was founded in September 2014 and is based in Pasadena, California. Strobe advances the adoption of the autonomous vehicles by introducing high performance, cost efficient LiDAR solutions.
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