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)
72 (est)+10%
Peloton Technology was founded in 2011 and is headquartered in Menlo Park, US

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Peloton Technology has an office in Menlo Park

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

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