About Cruise
Cruise focuses on providing an all-electric, self-driving car service specifically designed for urban areas. Its vehicles use advanced technology to navigate city streets autonomously, continuously learning from their experiences to improve safety and efficiency. Unlike traditional ride-hailing services, Cruise operates a fleet of fully autonomous vehicles, eliminating the need for human drivers, which helps lower operational costs and offers a unique experience for users. The company collaborates with local organizations to tailor its services to the needs of the communities it serves. Cruise aims to transform urban transportation by offering a safer, more efficient, and environmentally friendly alternative to conventional cars, powered entirely by renewable energy.
Benefits
Flexible vacation
Paid holidays
Paid parental leave
Fertility & family expansion benefits
401k matching program
Monthly social events
Community volunteering programs
Healthy meals & snacks for onsite employees
Quarterly offsites & working retreats
Monthly wellness stipend
Mental health support
Professional development programs
On-site gym in SF HQ
Commuter benefits for onsite employees
Medical, dental & vision coverage
Risks
GM's funding cessation poses a significant financial risk to Cruise.
Intensifying competition from companies like Waymo challenges Cruise's market position.
Recall of 1,200 robotaxis could damage Cruise's reputation and increase scrutiny.
Differentiation
Cruise offers fully autonomous, electric ride-hailing services in urban environments.
The company collaborates with local organizations to tailor services to city needs.
Cruise uses 100% renewable energy, appealing to environmentally conscious consumers.
Upsides
Partnership with Nvidia enhances Cruise's AI capabilities for autonomous driving.
Expansion into Dallas shows growth potential and strategic operational footprint.
Collaboration with MADD strengthens Cruise's safety-conscious brand image.
Funding
LATE VC
5/31/2024GROWTH EQUITY VC
1/31/2022DEBT
5/31/2021ACQUISITION
2/29/2016CONVERTIBLE
10/31/2015SERIES A
8/31/2015SEED
12/31/2013- Daniel Gross
- Felicis
- SV Angel
- Colin Carrier
- Maven Ventures
- Quotidian Ventures
- Emmett Shear
- Lee Linden
- Tuesday Capital
- Stewart Alsop
- Travis VanderZanden
- David Rusenko
- Zillionize
- Founder Collective
- Steve Huffman
- AME Cloud Ventures
- Adam Smith
- John Collinson
- Tikhon Bernstam
- David Beyer
- Signia Venture Partners
- Homebrew
- Michael Siebel
- Justin Kan
- Patrick Collinson
- Y CombinatorTop
- Initialized Capital
- Daniel Curran