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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
sub industryAutonomous & Sensor TechsectorAutomotivebusiness modelManufacturingsectorCore AIsectorAutonomous MobilitysectorLidarsectorHard TechsectorAI ApplicationssectorDT and LSsectorscience-basedindustryTransportationclient focusb2btechnologyArtificial IntelligencetechnologyDeep Tech

Valuation & funding

Innovusion funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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
Showing 4 recorded eventsUnlock the complete deal history →

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.

Latest monthly visits290 3-month web change0% 1-year team growth0%
Monthly website visits76 observations · Nov 2017–Jun 2024
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Comparisons

Innovusion compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

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Talent graph

Innovusion's talent

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Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

9 investors on Innovusion's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 8 investors entered at this stage
Series B+ 1 investor entered at this stage
Hermitage Capital

Global footprint

Where Innovusion has talent and traffic

Workforce by country
7 countries with
team presence
🇺🇸 United States50.5%
🇨🇳 China35%
🇩🇪 Germany9.7%
🇭🇰 Hong Kong1.9%
🇸🇬 Singapore1%
Top 5 of 7 shown

In the news

Latest news about Innovusion

Recent press, funding announcements, and product moves mentioning Innovusion — open to read from the original sources.

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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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