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Cyngn Technologies - About the company

Cyngn Technologies is a public company based in Menlo Park (United States), founded in 2013 by Steve Kondik, Leo Ma and Kirt McMaster. It operates as a Developer of autonomous vehicle technology and autonomous mobile robots. Cyngn Technologies has raised $110M in funding from investors like Andreessen Horowitz, Benchmark and Foxconn Electronics. The company has 10 active competitors, including 4 funded and 3 that have exited. Its top competitors include companies like Fernride, Outrider and Embotech.

Company Details

Developer of autonomous vehicle technology and autonomous mobile robots. The company's DriveMod system integrates with warehouse management systems for mission deployment. It offers autonomous tuggers and forklifts for material handling. The company also provides fleet management systems, teleoperations, and vehicle safety solutions.
Social
Facebook
Registered Address
Palo Alto, California
Key Metrics
Founded Year
2013
Location
Menlo Park, United States
Stage
Public
Total Funding
$110M in 6 rounds
Latest Funding Round
Ranked
Annual Revenue
$0 - $1M as on Dec 31, 2025
Employee Count
76 as on Jun 30, 2026
Similar Companies
Exit Details
Public

Cyngn Technologies's IPO details

Cyngn Technologies got listed on Oct 20, 2021.
Click here to take a look at Cyngn Technologies's IPO in detail
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Cyngn Technologies's funding and investors

Cyngn Technologies has raised a total funding of $110M over 6 rounds. Its first funding round was on Sep 18, 2013. Cyngn Technologies has 15 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Cyngn Technologies:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 2024
3435778
Post IPO
3339251
8308354
8260826
1476537
Nov 12, 2024
6257087
Post IPO
7603269
6174934
1434236
8643688
May 12, 2015
4572594
Series C
4147358
2597805
1826925
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Cyngn Technologies' founders and board of directors

Founder? Claim Profile
The founders of Cyngn Technologies are Steve Kondik, Leo Ma and Kirt McMaster.
Here are the details of Cyngn Technologies' key team members:

Cyngn Technologies' employee count trend

Cyngn Technologies has 76 employees as of Jun 26. Here is Cyngn Technologies's employee count trend over the years:
Employee count trend for Cyngn Technologies
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Cyngn Technologies's Competitors and alternates

Top competitors of Cyngn Technologies include Fernride, Outrider and Embotech. Here is the list of Top 10 competitors of Cyngn Technologies, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fernride
Fernride
2019, Munich (Germany), Acquired
Developer of autonomous driving platform for container terminals and yard operations
$87.4M
67/100
2nd
Logo for Cyngn Technologies
Cyngn Technologies
2013, Menlo Park (United States), Public
Developer of autonomous vehicle technology and autonomous mobile robots
$110M
59/100
3rd
Logo for Outrider
Outrider
2017, Golden (United States), Series D
Provider of autonomous systems for automating yard operations at logistics hubs
$283M
58/100
4th
Logo for Embotech
Embotech
2013, Zurich (Switzerland), Series B
Developer of autonomous driving solutions for industrial logistics and vehicle marshalling
$41.3M
57/100
5th
Logo for iSee
iSee
2017, Cambridge (United States), Series B
Developer of autonomous driving systems for yard truck applications
$70M
50/100
6th
Logo for eve auto
eve auto
2020, Fukuroi (Japan), Series B
A company that provides an indoor/outdoor automated transport service utilizing autonomous EVs
$6.78M
45/100
7th
Logo for GAUSSIN MANUGISTIQUE
GAUSSIN MANUGISTIQUE
1986, Hericourt (France), Public
Developer of zero-emission vehicles and systems for port, airport, logistics
-
40/100
8th
Logo for EX9
EX9
2021, Evry (France), Funding Raised
An automation enabler for industrial transport in terminal and yard operations
-
39/100
9th
Logo for ANITA
ANITA
2021, Munich (Germany), Unfunded
Provider of autonomous truck for terminal and yard operations
-
-
16/100
10th
Logo for Rumi Car
Rumi Car
2013, Japan, Unfunded
Developer of platform for autonomous driving algorithm development and vehicle prototypes
-
-
15/100
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Cyngn Technologies's Investments and acquisitions

Cyngn Technologies has made no investments or acquisitions yet.

Reports related to Cyngn Technologies

Here is the latest report on Cyngn Technologies's geography:

News related to Cyngn Technologies

lockFilter this list
Media has covered Cyngn Technologies for a total of 27 events in the last 1 year, 19 of them have been about company updates and 2 about partnerships.
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FAQs about Cyngn Technologies

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