Overview

Voyage develops and deploys self-driving technology for autonomous vehicles, specifically integrating its systems into vehicles like the Chrysler Pacifica Hybrid. The company provides fully driverless transportation solutions to a variety of clients, including automotive manufacturers and urban mobility providers. Voyage's approach involves forming partnerships with established companies to co-develop autonomous vehicles, generating revenue through licensing its technology and offering services like Telessist, which combines human intelligence with AI for complex driving situations. By utilizing machine learning and deep reinforcement learning, Voyage aims to enhance the safety, efficiency, and convenience of transportation.

Simplify's Take

What believers are saying

• Acquisition by GM's Cruise enhances resources and market reach for Voyage.
• Advancements in sensor fusion technology improve self-driving system reliability.
• 5G networks enable faster communication between autonomous vehicles and infrastructure.

What critics are saying

• Increased competition from Waymo and Tesla in autonomous vehicle technology.
• Potential regulatory hurdles for autonomous vehicle deployment worldwide.
• Public skepticism and safety concerns may slow autonomous vehicle adoption.

What makes Voyage unique

• Voyage focuses on retirement communities, a niche market in autonomous vehicles.
• The Telessist system combines human intelligence with AI for complex driving scenarios.
• Voyage partners with automotive manufacturers to co-develop autonomous vehicles.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$46M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:

SV Angel

Notable Investors:

SV Angel

$31,000,000

Series B

Sep 2019

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Below Average

Industry standards

Ind Avg. $35M

$4M

$30M

$31M

$45M

$65M

$100M

View all funding stages