L
Locomation
Transportation · Sewickley, United States · Founded 2018
Developer of safe and reliable autonomous trucking solutions MoreLess
Locomation.ai is a pioneering company in the autonomous trucking industry, focusing on transforming freight transportation with cutting-edge technology. The company operates in the logistics and transportation market, serving freight carriers and logistics companies. Locomation's core product is its Autonomous Relay Convoy (ARC) system, which consists of two trucks moving in tandem with one driver in the lead truck and another resting in the follower truck. This system is designed to improve asset utilization, reduce operating costs, and enhance safety.
Locomation's business model revolves around providing its ARC technology and related services to freight carriers on a subscription basis, generating recurring revenue. The company also offers freight optimization services to further enhance the efficiency of its clients' operations. By enabling early deployment and continuous improvement, Locomation aims to lead the industry towards full autonomy in trucking.
The company makes money through subscription fees for its ARC technology and additional services, as well as potential cost savings and efficiency gains for its clients.
Keywords: Autonomous trucking, relay convoy, freight optimization, logistics, transportation, asset utilization, cost reduction, safety, subscription model, full autonomy.
Company overview
Locomation company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2018
- Headquarters
- Sewickley, United States
- Employees
- 15
- Open positions
- None listed
- Dealroom signal
- 73.3
Valuation & funding
Locomation funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Apr 2023 | $0 | — | Undisclosed | — |
| EARLY VCOther financing | Oct 2022 | $15M | $60M | Mountain State Capital | — |
| CONVERTIBLEOther financing | Jul 2021 | $40M | — | Proeza Ventures · Blackhorn Ventures · AV8 Ventures | — |
| CONVERTIBLEOther financing | Nov 2020 | $7.1M | — | Blackhorn Ventures · Fusion Fund · Proeza Ventures | — |
| SEEDOther financing | Jun 2020 | $10M | $42M | Draper Triangle Ventures · Fusion Fund · Blackhorn Ventures · Proeza Ventures | — |
| EARLY VCOther financing | Nov 2019 | Plug and Play | — | ||
| SEEDOther financing | Jul 2018 | Homebrew · MicroVentures · Motus Ventures · V1.vc | — | ||
| SPINOUTOther financing | Jan 2018 | Carnegie Mellon University | — |
Growth signals
Locomation website traffic
Latest recorded traffic for Locomation is 600 monthly website visits, up 30.4% over the last three months. Locomation's team declined 11.8% over the past year.
Comparisons
Locomation compared with similar companies
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Talent graph
Locomation's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Locomation has talent and traffic
team presence
In the news
Latest news about Locomation
Recent press, funding announcements, and product moves mentioning Locomation — open to read from the original sources.
Market sentiment
What the market is saying about Locomation
An AI-synthesized read of the highest-engagement posts about Locomation 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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