Peloton Technology

📍 Mountain View, United States🗓 Founded 2013👥 14 employees💰 Last funded Feb 2020
Peloton is a connected and automated vehicle technology company dedicated to improving the safety and efficiency of the $700 billion U.S. trucking industry and other global automotive markets. Peloton creates strong partnerships with customers to provide and manage innovative tools for saving fuel, avoiding accidents, and improving operational insight through the use of connectivity, automation and data analytics. Peloton’s flagship two-truck platooning system, PlatoonPro, wirelessly links the active safety systems of pairs of trucks, allowing them to form an aerodynamic platoon to save fuel. The platooning system connects each truck to a cloud-based Network Operations Center that limits platooning to appropriate roads and conditions while providing safety-critical information to drivers and advanced analytics to fleets. Peloton's platooning system has demonstrated fuel savings of 10% on the follow truck and 4.5% on the lead truck in independent SAE J1321 Type II fuel consumption testing. Based in Silicon Valley, Peloton is supported by investors including Volvo Group, DENSO International America, UPS, Nokia Growth Partners, Intel Capital, Magna, Lockheed Martin, Omnitracs, Castrol InnoVentures, Lytx, Sand Hill Angels, Birchmere Ventures and Band of Angels. For more information, please visit www.peloton-tech.com and follow us on Twitter @pelotontech.
4
Total investors
2
Early stage
1
Mid stage
1
Late stage
2013
Founded
Investor geography1 country
United States
4
Investor activity2013–2020 · investors recorded per year
201322017120201
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Peloton Technology?
Peloton Technology has 4 investors on record on gritt.io, including 2 early-stage backers, 1 mid-stage and 1 late-stage investors.
When did Peloton Technology last raise funding?
The most recent investment in Peloton Technology recorded on gritt.io was in February 2020.
When was Peloton Technology founded?
Peloton Technology was founded in 2013.
What industry is Peloton Technology in?
Peloton Technology operates in Truck Transportation. Find similar Truck Transportation investors on gritt.io.
Where is Peloton Technology based?
Peloton Technology is headquartered in Mountain View, United States.