Mobileye

Mobileye

About Mobileye

Simplify's Rating
Why Mobileye is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Robotics & Automation

Automotive & Transportation

AI & Machine Learning

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$501M

Headquarters

Jerusalem, Israel

Founded

1999

Overview

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Simplify's Take

What believers are saying

  • Partnership with Lyft could increase market share and revenue streams.
  • Expansion in China with Zeekr offers strategic growth opportunities.
  • Elaine L. Chao's board appointment may enhance strategic decision-making.

What critics are saying

  • Ending lidar development may reduce Mobileye's competitive edge in autonomous vehicles.
  • Stock price drop indicates potential investor dissatisfaction and funding challenges.
  • Geopolitical tensions may hinder growth in the Chinese market.

What makes Mobileye unique

  • Mobileye partners with Lyft for large-scale autonomous mobility in North America.
  • Collaboration with Zeekr enhances Mobileye's strategic position in the Chinese market.
  • Mobileye focuses on AI-driven technologies, moving away from lidar development.

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Funding

Total Funding

$501M

Above

Industry Average

Funded Over

4 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
PYMNTS
Feb 20th, 2025
Stellantis Debuts System To Handle ‘Routine Driving Tasks’ For Motorists

Carmaker Stellantis wants you to be able to watch movies when behind the wheel.To that end, the company on Thursday (Feb. 20) announced the launch of STLA Autodrive, its home-built automated driving system that lets motorists reduce their workload in stop-and-go traffic, allowing for automated driving at speeds of up to 37 mph.This allows drivers to “temporarily engage in non-driving tasks” like watching a movie, catching up on emails, reading or just looking out the window, the company said.“Helping drivers make the best use of their time is a priority,” Stellantis Chief Engineering and Technology Officer Ned Curic said in a news release.“By handling routine driving tasks, STLA AutoDrive will enhance the driving experience, making time behind the wheel more efficient and enjoyable.”According to the release, drivers will be notified that STLA Autodrive is available “when traffic and environmental conditions align.” Once activated, the system takes over, keeping at safe distances, adjusting speed, and managing steering and braking based on traffic flow.The company says it is working on advancements that could allow the system to operate at speeds approaching 60 mph, with “enhanced off-road automation” for select models.In other autonomous vehicle (AV) news, Lyft last week detailed its plans to launch self-driving robotaxis in Dallas next year, with additional markets to follow.The vehicles will be owned and financed by Marubeni, a Japanese fleet management company, and outfitted with Mobileye’s self-driving technology. Lyft says it plans to scale the service to thousands of vehicles throughout multiple cities.“AVs will be a transformational addition to the marketplace,” said Lyft CEO David Risher. “We’ll start in Dallas and we do expect to move into other markets.”The move comes as Lyft seeks to tap into the burgeoning autonomous vehicle market, amid competition from Uber and Tesla, both of which have similar initiatives in the works.Uber said recently it sees the AV market reaching $1 trillion territory, while Tesla’s Cybercab is set to begin volume production in 2026, the company said in its latest earnings report.“There is a path where Tesla is worth more than the next top 5 companies combined. There’s a path to that. It is difficult, but achievable,” Tesla CEO Elon Musk told investors last month

PYMNTS
Feb 12th, 2025
Lyft’S 2024 Success Driven By Customer Focus, Price Lock Service

One of the key factors behind Lyft’s success in 2024 was its focus on enhancing driver satisfaction and improving service reliability.According to CEO David Risher, the company’s “customer obsession” drove this profitable growth. During the company’s fourth-quarter earnings call Tuesday (Feb. 11), Risher noted drivers collectively earned $9 billion in 2024, the highest in the company’s history, and saw its largest-ever number of driver hours in Q4. This focus on driver incentives has paid off, he added.“We are executing spectacularly and customer obsession has driven profitable growth,” Risher said. “We had a record number of active riders and our average ETAs are the fastest in the industry.“But we’ve got more to do. Our biggest competition is inertia

PYMNTS
Feb 10th, 2025
Lyft Reportedly Plans Robotaxi Launch As Soon As 2026

Lyft is reportedly aiming to bring autonomous robotaxis to its app as soon as next year. The service would launch first in Dallas with additional markets to follow, TechCrunch reported Monday (Feb. 10), citing comments from a company executive. As the report noted, the news coincides with Lyft’s upcoming earnings, rival Uber’s plans to launch a commercial robotaxi service in Austin and Atlanta with Waymo, and Tesla’s plans to launch an autonomous ride-hailing operation in Austin in June

eToro
Jan 15th, 2025
Key investor takeways from the top tech conference of the year

Mobileye, Qualcomm, and Nvidia unveiled new technologies for autonomous driving, increasingly tied to AI.

TechXplore
Jan 15th, 2025
Intel to turn venture arm into separate firm with new name

Another Intel acquisition, the self-driving tech firm Mobileye Global Inc., had an initial public offering in 2022.

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