Navistar
Navistar is a manufacturer of commercial trucks, buses, defense vehicles, and engines, serving markets primarily in the United States and Canada. Founded in 1902 and headquartered in Lisle, Illinois, the company produces heavy-duty trucks and buses categorized as Class 4 through 8. Its products cater to various sectors, including common carriers, private carriers, government, leasing, construction, and energy/petroleum, as well as student and commercial transportation. Navistar has a commitment to environmental standards and was the first truck and engine manufacturer to receive certification from the U.S. Environmental Protection Agency for meeting stringent 2007 emissions standards for particulate matter and hydrocarbons, achieving this milestone six years ahead of the regulatory requirements. In addition to its vehicles, Navistar offers a comprehensive selection of standard truck, trailer, and engine service parts.
Top Stages
6 past transactions
Car IQ
Series B in 2023
Car IQ Inc. is a technology company that develops and operates a cloud-based vehicle management platform and payment gateway, primarily serving auto dealer groups, car sharing clients, and autonomous drivers. Founded in 2016 and based in San Francisco, California, Car IQ's innovative payment solution allows vehicles to initiate payments directly without the need for credit cards. By leveraging telematics and vehicle data, the platform connects vehicles to service and repair providers, streamlining transactions and enhancing security. It provides detailed vehicle insights for fleet management, enabling clients to monitor transactions and reduce the risk of fraud. Additionally, Car IQ consolidates all transactions into a single ledger, simplifying reconciliation and allowing fleets to manage their expenses more effectively.
TuSimple
Series E in 2020
TuSimple, Inc. is a self-driving truck company founded in 2015 and headquartered in San Diego, California. The company specializes in developing fully autonomous driving technology for the logistics industry, enabling trucks to operate from depot to depot without human intervention. TuSimple's autonomous trucks are in daily operation, providing freight capacity services to various clients. The company aims to enhance safety, lower transportation costs, and reduce carbon emissions through its innovative solutions. TuSimple is building the Autonomous Freight Network by collaborating with shippers, carriers, railroads, freight brokers, and other partners in the truck freight market. Its operations primarily focus on the U.S. and APAC regions.
TuSimple
Corporate Round in 2020
TuSimple, Inc. is a self-driving truck company founded in 2015 and headquartered in San Diego, California. The company specializes in developing fully autonomous driving technology for the logistics industry, enabling trucks to operate from depot to depot without human intervention. TuSimple's autonomous trucks are in daily operation, providing freight capacity services to various clients. The company aims to enhance safety, lower transportation costs, and reduce carbon emissions through its innovative solutions. TuSimple is building the Autonomous Freight Network by collaborating with shippers, carriers, railroads, freight brokers, and other partners in the truck freight market. Its operations primarily focus on the U.S. and APAC regions.
Continental Manufacturing
Acquisition in 2009
Continental will continue to operate independently with manufacturing operations in Houston.
Workhorse Group
Acquisition in 2005
Workhorse Group is an American technology company based in Loveland, Ohio, specializing in the design and manufacture of battery-electric vehicles and aircraft. Founded in 2007, the company produces medium-duty trucks under the Workhorse brand and develops cloud-based telematics systems for fleet operators to enhance energy and route efficiency. Additionally, Workhorse Group offers the HorseFly delivery drone system, an octocopter-based UAV integrated with electric delivery trucks for efficient last-mile deliveries. The company's approach involves using automotive-grade parts and proprietary control software to build its battery-electric power trains.
Maxion International Motores
Acquisition in 2001
Maxion International Motores, a South American engine company.
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