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Cruise

San Francisco, CA, United States Autonomous Vehicles Acquired

Cruise is a self-driving car company developing autonomous vehicle technology and robotaxi services. Originally founded as an independent startup, Cruise was acquired by General Motors in 2016 and became a wholly-owned subsidiary. The company was focused on developing Level 4 autonomous driving technology for robotaxi operations. In December 2024, General Motors announced it would cease funding Cruise's robotaxi business and realign operations toward advanced driver assistance systems for personal vehicles.

Acquired

Cruise has been acquired

Acquired by General Motors March 2016 $1B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2013

Employees

1,000–1,300

Total Funding

$17.35B

8 rounds

Latest Valuation

$30B

March 18, 2022

Funding

Total raised $17.35B across 8 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Growth Extension

Date

April 15, 2021

Amount

$750M

Valuation

$30B

Lead Investors

Walmart
DateRoundAmount RaisedValuationLead Investors
March 18, 2022 Strategic $1.35B General Motors
June 15, 2021 Debt $5B General Motors Financial
April 15, 2021 Growth Extension $750M $30B Walmart

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 5x 10x 20x 2017 2018 2019 2020 2021 Cruise

Entry · Acquisition by GM

$1B

Mar 2016

Cruise today

$30B

Apr 2021 · latest mark

Cruise multiple

30.0x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Prominent Investors

General Motors GM

Leadership

  • Kyle Vogt

    Co-Founder, President, CTO

  • Dan Kan

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Waymo

    Google-backed autonomous driving company operating robotaxi services and developing Level 4+ autonomous vehicle technology.

  • Lyft

    Ride-sharing platform that has partnered with autonomous vehicle companies but is not primarily focused on autonomous driving.

  • Uber

    Transportation platform exploring autonomous vehicle technology and partnerships with self-driving companies.

  • Tesla

    Electric vehicle manufacturer developing Full Self-Driving capability and autonomous driving features.

  • Aurora Innovation

    Autonomous vehicle company focused on trucking and Level 4 autonomous driving technology.

  • Mobileye

    Intel-owned company developing advanced driver assistance systems and autonomous driving technology.

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Data collected with AI, which can make mistakes. Please double-check this information.