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Innovusion
Transportation · Sunnyvale, United States · Founded 2016
An autonomous vehicle LiDAR technology developer MoreLess
Innovusion is a technology startup that operates in the LiDAR (Light Detection and Ranging) industry. In simple terms, LiDAR is a remote sensing method that uses light in the form of a pulsed laser to measure distances. Innovusion's primary product is a high-resolution LiDAR system that is used in autonomous vehicles and advanced driver-assistance systems (ADAS). This technology is crucial for these vehicles to navigate safely and efficiently.
The company's clients are primarily manufacturers of autonomous vehicles and ADAS. These clients use Innovusion's LiDAR systems to enable their vehicles to detect and avoid obstacles, thereby enhancing the safety and reliability of their products. Innovusion operates in the rapidly growing market of autonomous vehicle technology, which is expected to become a multi-billion dollar industry in the coming years.
Innovusion's business model is based on selling its high-resolution LiDAR systems to its clients. The company makes money by selling these systems at a profit. It also generates revenue from providing technical support and maintenance services for its products.
Innovusion also places a strong emphasis on data storage and security. The company ensures that the data collected by its LiDAR systems is stored securely and used responsibly. It uses this data exclusively for statistical purposes to improve its products and services. The company complies with all relevant laws and regulations regarding data storage and privacy.
Keywords: Innovusion, LiDAR, autonomous vehicles, ADAS, technology, data storage, data security, statistical analysis, technical support, maintenance services.
Company overview
Innovusion company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- Sunnyvale, United States
- Employees
- 117
- Open positions
- None listed
- Dealroom signal
- 63.2
Valuation & funding
Innovusion funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jan 2022 | $118M | $472M | Hermitage Capital | — |
| SERIES BOther financing | Aug 2021 | $66M | $264M | Eight Roads Ventures · Shunwei Capital · F-Prime · Guotai Junan International | — |
| SERIES BOther financing | Mar 2021 | $64M | $300M | Temasek · Joy Capital · Eight Roads Ventures · F-Prime | — |
| SERIES AOther financing | Oct 2018 | $30M | $120M | Bessemer Venture Partners · Eight Roads Ventures · F-Prime · Nio Capital | ↗ |
Growth signals
Innovusion website traffic
Latest recorded traffic for Innovusion is 290 monthly website visits, up 0% over the last three months. Innovusion's team grew 0% over the past year.
Comparisons
Innovusion compared with similar companies
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Talent graph
Innovusion's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Innovusion has talent and traffic
team presence
In the news
Latest news about Innovusion
Recent press, funding announcements, and product moves mentioning Innovusion — open to read from the original sources.
Market sentiment
What the market is saying about Innovusion
An AI-synthesized read of the highest-engagement posts about Innovusion on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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