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.
- Website
- www.cyngn.com/
- 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
Investors
Ranked
2nd among 10 active competitors
Annual Revenue
$0 - $1M as on Dec 31, 2025
Employee Count
76 as on Jun 30, 2026
Exit Details
Public
Legal entities associated with Cyngn Technologies
Cyngn Technologies is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CYANOGEN INC. CIN: 462007094 , United States, Active | Dec 31, 1999 | - | 60 (As on Dec 31, 2024) | - |
CYNGN INC. CIN: 1874097 , United States, Active | Jan 31, 2013 | $0 - $1M (As on Dec 31, 2025) | - | - |
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:
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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 |
View details of Cyngn Technologies's funding rounds and investors
Cyngn Technologies' founders and board of directors
Founder? Claim ProfileHere are the details of Cyngn Technologies' key team members:
- Steve Kondik: CTO and Co-founder of Cyngn Technologies and founder of 1 other company. They are also an angel investor in 1 startup.
- Leo Ma: Co-founder, VP of Engineering of Cyngn Technologies and founder of 1 other company.
- Kirt McMaster: Former Co-founder of Cyngn Technologies and founder of 1 other company.
View details of Cyngn Technologies's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of autonomous driving platform for container terminals and yard operations | $87.4M | 67/100 | ||
2nd | Cyngn Technologies 2013, Menlo Park (United States), Public | Developer of autonomous vehicle technology and autonomous mobile robots | $110M | 59/100 | |
3rd | Outrider 2017, Golden (United States), Series D | Provider of autonomous systems for automating yard operations at logistics hubs | $283M | 58/100 | |
4th | Embotech 2013, Zurich (Switzerland), Series B | Developer of autonomous driving solutions for industrial logistics and vehicle marshalling | $41.3M | 57/100 | |
5th | iSee 2017, Cambridge (United States), Series B | Developer of autonomous driving systems for yard truck applications | $70M | 50/100 | |
6th | A company that provides an indoor/outdoor automated transport service utilizing autonomous EVs | $6.78M | 45/100 | ||
7th | GAUSSIN MANUGISTIQUE 1986, Hericourt (France), Public | Developer of zero-emission vehicles and systems for port, airport, logistics | - | 40/100 | |
8th | An automation enabler for industrial transport in terminal and yard operations | - | 39/100 | ||
9th | Provider of autonomous truck for terminal and yard operations | - | - | 16/100 | |
10th | Developer of platform for autonomous driving algorithm development and vehicle prototypes | - | - | 15/100 |
Looking for more details on Cyngn Technologies's competitors? Click here to see the top ones
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
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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Cyngn Deploys 4 DriveMod Tuggers at Vann Family OrchardsPR Newswire•Mar 31, 2026•Cyngn Technologies, Vann Family Orchards
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Cyngn Inc. Closes $9.65 Million Registered Direct OfferingNetworkNewsWire•Mar 17, 2026•Cyngn Technologies
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At GTC, Cyngn Advances High-Fidelity Forklift Simulation Through FMU Integration in NVIDIA Isaac SimRoboticstomorrow•Mar 16, 2026•Cyngn Technologies
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With Sales Momentum Accelerating, Cyngn 'On Track' to Sell More in Q1 Than in All of 2025Roboticstomorrow•Mar 13, 2026•Cyngn Technologies
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Cyngn Announces Record Enterprise Customer Expansion of DriveMod Tugger DeploymentsRoboticstomorrow•Mar 10, 2026•Cyngn Technologies
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Cyngn Awarded 24th Patent, Strengthening Universal Autonomy CapabilitiesRoboticstomorrow•Mar 06, 2026•Cyngn Technologies
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Cyngn Deploys DriveMod Tugger at WEG Electric Motor FacilityPR Newswire•Mar 04, 2026•WEG, Cyngn Technologies
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Cyngn names Ran Makavy to board, bringing Lyft and Facebook leadership experienceSeeking Alpha•Feb 25, 2026•Cyngn Technologies
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