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PreAct Technologies
Transportation · Portland, United States · Founded 2018
Aims to bridge the gap between collision avoidance systems and active safety technology MoreLess
PreAct Technologies, established in 2018 and headquartered in Portland, Oregon, specializes in software-definable flash LiDAR sensor systems. The company is the brainchild of CEO Paul Drysch, a veteran of the automotive and telematics industries with prior leadership roles at prominent tech firms, and CTO Kurt Ramm, who brings extensive experience in imaging systems and parallel processing. Their combined expertise underpins the company's core mission, which was initially focused on enhancing automotive safety by developing near-field sensors to predict and mitigate collisions.
The foundation of PreAct's technology stems from over 15 years of DARPA-funded research in high-speed optics and computing, a legacy inherited through a significant investment from Artis Corporation, a key provider of active protection systems for the military. This background has enabled PreAct to develop highly affordable and compact sensor systems. The company's business model revolves around selling complete systems that include a flash LiDAR sensor, edge processing capabilities, and communication hardware. Clients are provided with a comprehensive Software Development Kit (SDK) that allows for real-time data visualization, storage, and custom code integration. A distinctive feature of the SDK is its integrated AI development platform, optimized for 3D data, which significantly accelerates the creation of AI algorithms with minimal training data.
PreAct Technologies generates revenue through the sale of these hardware and software packages. While its origins are in the automotive sector, aiming to reduce traffic fatalities, the company has expanded its addressable markets significantly. Its versatile sensor technology now caters to a diverse client base across trucking, robotics, healthcare, agriculture, smart city initiatives, and industrial applications. This diversification strategy leverages the technology's adaptability for various use cases beyond its initial automotive safety scope.
Keywords: LiDAR sensors, automotive safety, robotics, smart cities, edge computing, computer vision, 3D sensing, machine learning, active protection, SDK
Company overview
PreAct Technologies company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Portland, United States
- Employees
- 2
- Open positions
- None listed
- Dealroom signal
- 61.3
- Investment activity
- 1 companies · latest Jan 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
PreAct Technologies funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Apr 2023 | $6M | $70M | Luminate Accelerator · I Squared Capital · State Farm Ventures · Traylor Capital | ↗ |
| SERIES B✓Equity / VC | Jan 2023 | $14M | $56M | State Farm Ventures · I Squared Capital · Luminate Accelerator · Traylor Capital | ↗ |
| SERIES A✓Equity / VC | Nov 2021 | $13M | $52M | Stargazer Ventures · Taylor Capital · Gotham Green Partners · State Farm Ventures | ↗ |
| SEED✓Equity / VC | Dec 2020 | $1.6M | $6.4M | Elev8 · Pure Ventures · Sony Innovation Fund | — |
| SEEDEquity / VC | Jan 2020 | $0 | — | Undisclosed | — |
| SEEDEquity / VC | Sep 2019 | Social Impact Capital | — | ||
| SEED✓Equity / VC | Apr 2019 | Elev8 | — | ||
| SEED✓Equity / VC | Dec 2018 | Undisclosed | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 2 |
| 2025 | 8 |
| 2024 | 20 |
| 2023 | 34 |
| 2022 | 26 |
| 2021 | 18 |
| 2020 | 10 |
Growth signals
PreAct Technologies website traffic
Latest recorded traffic for PreAct Technologies is 2K monthly website visits, up 17.6% over the last three months. PreAct Technologies's team declined 75% over the past year.
Comparisons
PreAct Technologies compared with similar companies
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Capital deployed
PreAct Technologies investments and acquisitions
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Talent graph
PreAct Technologies's talent
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Global footprint
Where PreAct Technologies has talent and traffic
team presence
In the news
Latest news about PreAct Technologies
Recent press, funding announcements, and product moves mentioning PreAct Technologies — open to read from the original sources.
Market sentiment
What the market is saying about PreAct Technologies
An AI-synthesized read of the highest-engagement posts about PreAct Technologies 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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