Locomation, Inc.

📍 Pittsburgh, United States🗓 Founded 2018👥 39 employees💰 Last funded Oct 2020
Locomation was founded in 2018 by a team of the world’s foremost experts on autonomous vehicles, robotics, and artificial intelligence from Carnegie Mellon’s National Robotics Engineering Center and trucking industry leaders with deep knowledge and experience in every aspect of the trucking business. We are motivated by the challenge of solving problems that have hindered the trucking industry for decades. Trucks transport more than 70% of the nation’s freight. E-commerce has sharply increased the need for freight trucking services. Demand is expected to grow 36% between 2020 and 2031.1 At a time when demand has never been stronger, persistent driver shortages create capacity constraints that force carriers to turn down orders.
7
Total investors
7
Early stage
0
Mid stage
0
Late stage
2018
Founded
Investor geography1 country
United States
7
Investor activity2018–2020 · investors recorded per year
2018420203
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Locomation, Inc.?
Locomation, Inc. has 7 investors on record on gritt.io, including 7 early-stage backers.
When did Locomation, Inc. last raise funding?
The most recent investment in Locomation, Inc. recorded on gritt.io was in October 2020.
When was Locomation, Inc. founded?
Locomation, Inc. was founded in 2018.
What industry is Locomation, Inc. in?
Locomation, Inc. operates in Truck Transportation. Find similar Truck Transportation investors on gritt.io.
Where is Locomation, Inc. based?
Locomation, Inc. is headquartered in Pittsburgh, United States.