Isee, The First Company To Achieve Fully-Autonomous Operations With Their Self-Driving Yard Trucks, Raises $40 Million In Series B.

Nov 17, 2022•over 2 years ago

Amount Raised

$40 Million

Round Type

series b

CambridgeSupply Chain ManagementLogisticsTransportation

Investors

Eniac VenturesMaersk GrowthFounders Fund

Description

Self-driving technology company, ISEE, has raised $40M in a Series B funding round led by Founders Fund, that included Maersk Growth, Eniac Ventures, New Legacy and other new and existing investors. This brings ISEE’s total funding to $70 million since the company was spun out of MIT in 2017.

Company Information

Company

ISEE

Location

Cambridge, Maryland, United States

About

ISEE is an autonomous driving technology company, spun out of MIT, whose humanistic, AI-powered, self-driving yard trucks are modernizing the global supply chain for the world’s leading companies. ISEE autonomous yard trucks are helping customers like Maersk, Lazerspot, and Fortune 100 retail companies automate their logistics hubs and achieve even greater yard safety, cost savings, consistent driving performance, and reliable driving capacity. With proprietary technology that anticipates unexpected behavior better than any other solution on the market, ISEE is poised to become a leader in the $100B global autonomous yard truck market.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Isee, The First Company To Achieve Fully-Autonomous Operations With Their Self-Driving Yard Trucks, Raises $40 Million In Series B.

Investors

Description

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