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Peloton Technology
Connected and automated vehicle technology company improving safety and efficiency in the trucking industry
About Peloton Technology
Peloton Technology is a startup that operates in the automated vehicle technology sector, specifically focusing on the trucking industry. The company's primary mission is to address the two most significant challenges in the $700 billion trucking industry: crashes and fuel use.
Peloton Technology enhances the safety of individual trucks by implementing top-tier collision mitigation systems. These systems use always-on radar sensors to detect vehicles that have stopped or slowed down, alerting the driver and applying brakes when necessary.
The company also employs Vehicle to Vehicle (V2V) communications, allowing trucks to connect directly. This connection enables the rear truck to instantly respond to the front truck's actions, allowing them to accelerate and brake together. This electronic coupling allows the trucks to operate at closer distances safely, forming a 'platoon'.
Peloton's system has demonstrated savings of over 7% when platooning, according to industry-standard tests. The lead truck saves 4.5%, and the following truck saves 10%.
The company's Network Operations Cloud (NOC) maximizes platooning opportunities by notifying drivers of potential pairings based on their location and anticipated route. This system allows for platooning partners to be found en route or planned in advance.
Peloton's business model is likely based on selling their technology and services to trucking companies, thereby helping these companies reduce costs and increase safety.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2011
- Headquarters
- Mountain View, United States
- Employees
- 10
- Open positions
- None listed
- Dealroom signal
- 79.8/100
- Industry
- Security
- Sub-industry
- Autonomous & Sensor Tech, Logistics & Delivery, Public safety
- Sector
- Transportation, Automotive, Fleet Management, Core AI, Autonomous Mobility
- Technology
- Artificial Intelligence, Hardware, Deep Tech, Recognition Technology
- Business model
- Manufacturing
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| CONVERTIBLEOther financing | Jan 2020 | $0 | — | Sand Hill Angels | — |
| CONVERTIBLEOther financing | Jan 2019 | $0 | — | Sand Hill Angels | — |
Growth signals
Latest recorded traffic for Peloton Technology is 860 monthly website visits, up 53.6% over the last three months. Peloton Technology's team grew 11.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Birchmere Ventures
Band of Angels
Ken Arnold
Series A12 investors entered at this stage
Sand Hill Angels
NGP Capital
Denso
Intel Capital
Castrol InnoVentures
Magna International
Volvo Group Venture Capital
Mitsui Global Investment
Omnitracs
Lockheed Martin Global
BP Ventures
B37 Ventures
Other known investors1 additional known investor
Stanford University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Peloton Technology on X, ranked by likes and reposts, corporate channels excluded.
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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