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Cavnue logo — Recognized in TIME's Best Inventions of 2024 Fast Company 20...

Cavnue

Recognized in TIME's Best Inventions of 2024 Fast Company 2021 and 2024 Innovation by Design Honorable Mention

Founded 2020 United States Washington, United States 88 employees Series A Total: $130.00M IT, Autonomous and Sensor Tech

General Information

Company Name Cavnue
Founded Year 2020
Location United States Washington, United States
Founders / Decision Makers
Team member
Employees 88
Industries IT, Autonomous and Sensor Tech
Funding Stage Series A
Social

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About Cavnue

Cavnue is a forward-thinking company that is dedicated to revolutionizing the future of roads. The company's focus is on enhancing safety, increasing throughput, improving access to affordable and high-quality public transit, and facilitating more efficient movement of goods. While significant investment has been made in on-vehicle technologies, only a fraction has been allocated to developing infrastructure to support advanced roads. Cavnue aims to bridge this gap by developing and integrating technologies to power the most technologically connected roads. The company's approach involves creating a digital model of roadways to analyze and optimize road conditions in real-time, share information, and provide proactive guidance to vehicles and drivers, ultimately leading to enhanced safety, efficiency, and road operating environments. Cavnue facilitates public and private owners and operators of roads and transportation systems to prepare for the forthcoming revolution in connected and autonomous vehicles. Their latest achievement includes a $130.00M Series A investment secured on 27 April 2022, with contributions from notable investors such as Sidewalk Infrastructure Partners, Landstar System Inc, Openvia, and Ford Motor. With its strategic vision and strong investor backing, Cavnue is well-positioned to lead in the development of next-generation autonomous mobility systems for both passenger and freight transportation.

Business keywords: smart infrastructure, advanced roads, autonomous vehicles, transportation technology, road safety, ADAS, connected roads, roadway technology, autonomous mobility, innovation in transportation, public transit, shared mobility, digital infrastructure, transportation systems optimization, freight transportation

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $130.00M 4
Sidewalk Infrastructure Partners
Sidewalk Infrastructure Partners, Landstar System Inc +2
27 Apr 2022

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FAQ About Cavnue

Recognized in TIME's Best Inventions of 2024 Fast Company 2021 and 2024 Innovation by Design Honorable Mention
Cavnue was founded in 2020.
Cavnue is headquartered in Washington, United States.
Cavnue operates in IT and Autonomous and Sensor Tech. Its work centres on smart infrastructure, advanced roads, autonomous vehicles and transportation technology.
Cavnue has approximately 88 employees.
Cavnue has completed 1 funding round, raising a total of $130.00M. The latest funding stage is Series A.
Top alternatives and competitors to Cavnue include WeRide, EACON Mining, TILER, Ottopia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cavnue and WeRide are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cavnue, https://bouncewatch.com/company/cavnue, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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