ISEE

ISEE

Develops autonomous yard truck solutions for logistics

About ISEE

Simplify's Rating
Why ISEE is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Robotics & Automation

Industrial & Manufacturing

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$55M

Headquarters

Cambridge, Massachusetts

Founded

2017

Overview

ISEE AI specializes in creating autonomous yard truck solutions for logistics and warehouse environments. Their autonomous trucks use artificial intelligence to navigate complex settings, improving the efficiency of yard operations. These trucks are designed to work alongside people and equipment, ensuring smooth interactions and operations. ISEE AI stands out from competitors by focusing specifically on yard operations, a critical area in the logistics chain that is often overlooked. Their goal is to enhance the efficiency and cost-effectiveness of logistics hubs through advanced technology based on research from MIT. The company generates revenue through the sale and leasing of its autonomous vehicles, as well as ongoing service contracts, fostering long-term client relationships.

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Simplify's Take

What believers are saying

  • ISEE's commercial deployment at a Fortune 100 site marks a significant industry milestone.
  • ISEE raised $40M in Series B, indicating strong investor confidence.
  • ISEE's collaboration with Maersk opens opportunities in global logistics.

What critics are saying

  • Increased competition from TuSimple and Aurora may impact ISEE's market share.
  • Potential regulatory hurdles could delay ISEE's autonomous truck deployment.
  • Reliance on large clients like Maersk poses a risk if they switch to competitors.

What makes ISEE unique

  • ISEE's AI anticipates unexpected behavior better than competitors' solutions.
  • ISEE's technology is based on world-class MIT research, enhancing reliability.
  • ISEE's AI-powered trailer auto-coupling system is an industry-first innovation.

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Funding

Total Funding

$55M

Meets

Industry Average

Funded Over

2 Rounds

Notable Investors:
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
Above Average

Industry standards

$35M
$40M
ISEE
$45M
Linktree
$65M
Substack
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

5%
Trucking News
Feb 8th, 2024
ISEE Commercially Deploys World's First Fully Autonomous Truck Yard

By harnessing the power of AI, machine learning, and computer vision, ISEE has created and deployed a fully autonomous system that streamlines the yard movement of trailers and containers to reduce costs, improve safety, and give companies staffing predictability amidst ongoing labor shortages.

Business Wire
Feb 7th, 2024
Isee Commercially Deploys World’S First Fully Autonomous Truck Yard

CAMBRIDGE, Mass.--(BUSINESS WIRE)--ISEE, a leader in autonomous vehicle technology for transportation and logistics, announced today the world’s first commercial fleet deployment of autonomous yard trucks at a Fortune 100 customer’s site. This cutting-edge deployment, located in Texas, represents a transition from pilots and testing to commercialization of autonomous yard trucks and ushers in a new era of safety, efficiency, and capacity for the supply chain. The autonomous truck yard represents a significant milestone in the advancement of transportation logistics. By harnessing the power of AI, machine learning, and computer vision, ISEE has created and deployed a fully autonomous system that streamlines the yard movement of trailers and containers to reduce costs, improve safety, and give companies staffing predictability amidst ongoing labor shortages. The deployment at the 1.7 million square foot distribution center, with 750 trailer staging bays, is the first of its kind using a fleet of autonomous yard trucks with the ability to operate across all shifts, day and night, rain or shine

Metro Latino USA
Feb 7th, 2024
ISEE Unveils AI-Powered Trailer Auto-Coupling System

ISEE unveils AI-Powered Trailer Auto-Coupling system.

Business Wire
Feb 7th, 2024
Isee Unveils Ai-Powered Trailer Auto-Coupling System

CAMBRIDGE, Mass.--(BUSINESS WIRE)--At the Manifest supply chain technology showcase, ISEE, a leading autonomous vehicle company, unveiled their fully-automated, AI-powered trailer auto-coupling system for autonomous yard trucks. ISEE’s industry-first technology autonomously couples the trailer and connects the airlines without any trailer modifications, adapters, markers, or remote control. The new patent-pending technology unlocks even more safety and efficiency benefits for ISEE customers. The new ISEE trailer auto-coupling system integrates a six-axis robotic arm on the back of the autonomous yard truck cab. Using AI-powered auto-coupling technology, the system autonomously identifies the precise locations and orientations of the trailer air connectors for both the service and parking brakes. Trailer air connectors, known as gladhands, vary in location, orientation and type from one trailer to another, making the process of finding the gladhands and attaching them a challenging task for a robotic system

BDT Online
Feb 7th, 2024
ISEE Commercially Deploys World's First Fully Autonomous Truck Yard

ISEE, a leader in autonomous vehicle technology for transportation and logistics, announced today the world's first commercial fleet deployment of autonomous yard trucks at a Fortune 100 customer's site.

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ISEE is Hiring for 27 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update ISEE's jobs every few hours, so check again soon! Browse all jobs →

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