Peloton Technology

Peloton is an automated vehicle technology company that utilizes vehicle-to-vehicle communications and radar-based active braking systems, combined with sophisticated vehicle control algorithms, to link pairs of heavy trucks. The safety systems are always active, and when the trucks are out on the open road, they can form close-formation platoons. The system controls braking and acceleration, similar to adaptive cruise control, and drivers remain fully engaged and retain steering control. The dramatic reduction in aerodynamic drag in these platoons provides unprecedented fuel economy savings for both the trailing and the leading truck. A real-time video link lets the rear driver see the road ahead of the platoon. The more extensive data flowing from the trucks also allows new levels of diagnostics and prognostics, while empowering better drivers and stronger fleet management.
Company Growth (employees)
Type
Private
HQ
Menlo Park, US
Founded
2011
Size (employees)
81 (est)+2%
Peloton Technology was founded in 2011 and is headquartered in Menlo Park, US

Peloton Technology Office Locations

Peloton Technology has an office in Menlo Park

Peloton Technology Data and Metrics

Summary Metrics

Peloton Technology's latest funding round in April 2017 was reported to be $60 m. In total, Peloton Technology has raised $78.4 m

Traffic Overview of Peloton Technology

Peloton Technology Online and Social Media Presence

Peloton Technology News and Updates

Peloton raises $60 million to improve truck platoon safety and efficiency through automation

Peloton Technology (“Peloton”), a connected and automated vehicle startup that’s setting out to improve the safety and efficiency of freight transportation, has closed a $60 million Series B funding round led by fleet management giant Omnitracs, which spun out of Qualcomm a few years back. The round…

Trucks will talk to each other using Peloton Technology

 Many studies have been done on the potential effects of semi trucks being able to travel in platoons. It could be more fuel efficient, it could be safer, it could be easier on the drivers. And now, it could be coming to a highway near you. Peloton Technology has partnered with Omnitracs, a fleet ma…

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Corporates Rush Into Supply Chain & Logistics Tech Startups

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Peloton Technology Company Life and Culture

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