Tech Company Financing Transactions
Ushr Funding Round
Ushr closed a $10 million Series A funding round on 9/19/2017. Investors included Forté Ventures, Emerald Technology Ventures and EnerTech Capital.
Transaction Overview
Company Name
Announced On
9/19/2017
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Forté Ventures (Lead Investor)
General Motors Corporation (Sherwin Prior)
Proceeds Purpose
The Series A investment will allow Ushr to advance the development of lower cost data acquisition technologies and of automated map production using artificial intelligence techniques; to build a fleet of data collection vehicles; and to test in-vehicle software on automotive grade embedded hardware.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
38701 W Seven Mile Rd. 170
Livonia, MI 48152
USA
Livonia, MI 48152
USA
Phone
Undisclosed
Website
Email Address
Overview
Ushr, Inc. is shaping the evolution of autonomous vehicle navigation by providing the most precise, high-definition mapping technology and software for autonomous vehicles on the market today. By interpreting and communicating street view navigation, Ushr enables autonomous vehicle passengers to travel from Point A to Point B as safely and as efficiently as possible.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bruce Gordon
VP - Bus. Development
Brian Radloff
VP - Operations
Chris Thibodeau
VP - Sales
Trip Bonds
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