About Perrone Robotics
Perrone Robotics focuses on creating autonomous vehicle systems that transport people and goods. Their main product, the TONY retrofit kit, allows any vehicle to become self-driving by integrating advanced technology. This kit can be used in various sectors, including commercial and public transportation, making it versatile for different clients like vehicle manufacturers and transit companies. What sets Perrone Robotics apart from competitors is their ability to offer both retrofit kits for existing vehicles and complete solutions for new vehicles, providing flexibility for their customers. The company's goal is to enhance mobility by delivering safe, reliable, and efficient autonomous vehicle technology.
Charlottesville, VirginiaHeadquarters
2003Year Founded
$9.7MTotal Funding
SERIES_ACompany Stage
Automotive & TransportationIndustries
11-50Employees
Risks
Increased competition from established automotive companies threatens Perrone's market share.
Rapid AI advancements may increase R&D costs for Perrone Robotics.
Potential regulatory changes could impact Perrone's operations in key markets.
Differentiation
Perrone Robotics offers the TONY retrofit kit for transforming vehicles into self-driving units.
Their MAX software platform accelerates the practical use of autonomous robotics solutions.
Perrone's diverse product lineup caters to various applications, enhancing mobility and safety.
Upsides
Growing interest in autonomous shuttles boosts demand for Perrone's TONY retrofit kits.
Partnership with Global Finance Group expands market reach in the academic sector.
Collaboration with Tropos Motors aligns with demand for sustainable transportation solutions.
Funding
Total raised$9.73 M
Latest valuation$50.00 M
StageSERIES_A
SERIES A
1/31/2021$10
$50.00 M