Locomation, Inc. logo — Re-Engineering the World's Supply Chain with Autonomy

Locomation, Inc.

Re-Engineering the World's Supply Chain with Autonomy

Founded 2018 United States Pittsburgh, United States 15 employees Acquired Total: $78.00M Robotics, Transportation +1

General Information

Company Name Locomation, Inc.
Founded Year 2018
Location United States Pittsburgh, United States +1
Employees 15
Industries Robotics, Transportation, Autonomous and Sensor Tech
Funding Stage Acquired
Social

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About Locomation, Inc.

Locomation, Inc., founded in 2018, is transforming the supply chain through cutting-edge autonomous technology. Their slogan, "Re-Engineering the World's Supply Chain with Autonomy", encapsulates their mission to address long-standing inefficiencies in the trucking industry.

Born from the collective expertise of professionals from Carnegie Mellon’s National Robotics Engineering Center and seasoned trucking industry leaders, Locomation is positioned at the intersection of robotics, transportation, and sensor technology. Their innovative solutions target the persistent driver shortages affecting carriers' capacity, a critical issue as truck demand is projected to grow by 36% from 2020 to 2031.

Headquartered in the United States, Locomation stands out with its unique blend of academia-driven innovation and industry insight. Their latest acquisition investment in April 2023 underscores a strong market position, promising potential returns for investors seeking stakes in the future of logistics and autonomous transportation.

Taxonomy: Autonomous Vehicles, Robotics, Trucking Industry, Supply Chain Innovation, Autonomous Relay Convoy, Driver Augmentation, Freight Transportation, E-commerce Logistics, Capacity Constraints, Carnegie Mellon, National Robotics Engineering Center, Autonomy Technology Platform, Driver Shortages Solution

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• - 01 Apr 2023
Early VC •••••• 1
Investor
01 Oct 2022
Convertible Note •••••• 3
Investor Investor Investor
01 Jul 2021
Convertible Note •••••• 3
Investor Investor Investor
01 Nov 2020
Seed •••••• 5
Investor Investor Investor Investor Investor
01 Jun 2020

View All 7 Funding Rounds

Locomation, Inc. Alternatives & Competitors

Locomation, Inc. vs
Torc Robotics
Torc Robotics United States

Leading autonomous vehicle technology since 2007, Torc develops automated Level 4, Class 8 trucks wi...

823 employees
Robotics, Autonomous and Sensor Tech
Locomation, Inc. vs
Crown Data Systems
Crown Data Systems United States

The leader in air freight trucking software.

31 employees
Enterprise
Locomation, Inc. vs
aifleet
aifleet United States

Building a driver-centric trucking company, through technology.

Series B
95 employees
AI, Logistics

FAQ About Locomation, Inc.

Re-Engineering the World's Supply Chain with Autonomy
Locomation, Inc. was founded in 2018.
Locomation, Inc. is headquartered in Pittsburgh, United States.
Locomation, Inc. operates in the following industries: Robotics, Transportation, Autonomous and Sensor Tech.
Locomation, Inc. has approximately 15 employees.
Locomation, Inc. has completed 7 funding rounds, raising a total of $78.00M. The latest funding stage is Acquired.
Top alternatives and competitors to Locomation, Inc. include Torc Robotics, Crown Data Systems, aifleet, American Freight Inc, FERNRIDE. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Locomation, Inc. and Torc Robotics 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.

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