Hyperloop One developed hyperloop pod technology for high-speed ground transportation of passengers and cargo. The company built and operated a test track near Las Vegas and conducted passenger trials at 172 km/h. Backed by Virgin Group and DP World, it failed to secure commercial contracts and ceased operations in December 2023.
Hyperloop One has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2014
Total Funding
$446M
7 rounds
Latest Valuation
$0.7B
May 13, 2019
Total raised $446M across 7 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series B-1
Date
September 22, 2017
Amount
$85M
Valuation
$0.7B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 13, 2019 | Series D | $172M | — | DP World |
| December 2017 | Series C | $50M | — | DP World, Caspian Venture Capital |
| September 22, 2017 | Series B-1 | $85M | $0.7B | Caspian VC Partners |
Shervin Pishevar
Co-Founder
Josh Giegel
Co-Founder, CTO
Brogan BamBrogan
Co-Founder (departed 2016)
Rob Lloyd
CEO (2015-2018)
Jay Walder
CEO (2018-2021)
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Hyperloop Transportation Technologies
Competing hyperloop technology developer with different design approach
Virgin Trains
Rail-based passenger transportation competitor
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