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Potential logo — For what comes next.

Potential

For what comes next.

Founded 2018 Canada Canada 19 employees Seed Total: $8.50M AI, Embedded Systems +1

General Information

Company Name Potential
Founded Year 2018
Location Canada Canada +1
Employees 19
Industries AI, Embedded Systems, Automotive
Funding Stage Seed
Social

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About Potential

Potential is a Canadian startup founded in 2018 that focuses on ADAS for off-road vehicles driven by AI. The company's slogan, "For what comes next," underscores its commitment to reimagining the way vehicles navigate complex terrain. Potential's software technologies leverage forward-facing sensors to empower a new era of vehicles capable of perceiving, comprehending, and preparing for extreme environments. The company recently secured a $2.00M Seed Round investment on 02 May 2024, with support from notable investors including Brightspark Ventures, Build Ventures, New Brunswick Innovation Foundation, and Farpoint. This strategic injection of funds positions Potential to further develop its innovative technologies and expand its impact within the off-road ADAS market. With its cutting-edge approach and strong financial backing, Potential is poised to reshape the off-road vehicle industry and set new standards in autonomous navigation and safety.

Taxonomy: ADAS, off-road vehicles, AI-driven technology, terrain interaction, software technologies, sensors, extreme environments, vehicle technology, off-road driving, AI in automotive industry

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 4
Investor Investor Investor
•••• •••• 		02 May 2024
Seed Round •••••• 4
Investor Investor Investor Investor
11 Feb 2022
Seed Round •••••• 2
Investor Investor
06 May 2020
Angel Round •••••• - 01 Jul 2019

Potential Alternatives & Competitors

Potential vs
CBI Offroad Fab
CBI Offroad Fab United States

At CBI Offroad, our line of off-road body armor and protection matches our motto: “Trail Proven – Ad...

36 employees
Automotive
Potential vs
Speed
Speed United States

Born in Baja.

9 employees
Manufacturing
Potential vs
MAGTEC/Magnetic Systems Technology Ltd
MAGTEC/Magnetic Systems Technology Ltd United Kingdom

Tailored Engineering Solutions for Electric Vehicle Drive Systems.

Grant
89 employees
Manufacturing, Autonomous and Sensor Tech

FAQ About Potential

For what comes next.
Potential was founded in 2018.
Potential is headquartered in Canada.
Potential operates in the following industries: AI, Embedded Systems, Automotive.
Potential has approximately 19 employees.
Potential has completed 4 funding rounds, raising a total of $8.50M. The latest funding stage is Seed.
Top alternatives and competitors to Potential include CBI Offroad Fab, Speed, MAGTEC/Magnetic Systems Technology Ltd, VDL Special Vehicles, Au-Zone Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Potential and CBI Offroad Fab 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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