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TuSimple - About the company

TuSimple is a public company based in San Diego (United States), founded in 2015 by Xiaodi Hou. It operates as an AI-powered provider of self-driving solutions for trucks. TuSimple has raised $648M in funding from investors like Sina, United Parcel Service and Navistar. The company has 39 active competitors, including 24 funded and 6 that have exited. Its top competitors include companies like Aurora, Einride and Gatik.

Sectors and market segments that TuSimple operate in

TuSimple serves in the Auto Tech, Native AI market segments.The primary business model of TuSimple are:

Company Details

AI-powered provider of self-driving solutions for trucks. It develops a commercial-ready Level 4 (SAE) fully-autonomous truck driving solution for the logistics sector. Its product portfolio consists of full-stack autonomous driving technology and high-speed long-distance sensing technology. Its self-driving technology encompasses various factors of autonomy such as perception, localization, planning, HD maps, and controls. It offers TU simple connect which is a proprietary autonomous operation monitoring system that monitors trucks in real-time. Also, it uses existing LiDars, Radars, and HD cameras for the perception of vehicles.
Social
X
Email ID
*****@tusimple.com
Registered Address
San Diego, California
Key Metrics
Founded Year
2015
Location
San Diego, United States
Stage
Public
Total Funding
$648M in 12 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
$1M - $10M as on Dec 31, 2022
Employee Count
222 as on Aug 31, 2026
Similar Companies
Exit Details
Public

TuSimple's IPO details

TuSimple got listed on Apr 15, 2021.
Click here to take a look at TuSimple's IPO in detail
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TuSimple's funding and investors

TuSimple has raised a total funding of $648M over 12 rounds. Its first funding round was on Jan 19, 2015. Its latest funding round was a Post IPO round on Aug 01, 2022 for $15M. 1 investor participated in its latest round. TuSimple has 25 institutional investors.

Here is the list of recent funding rounds of TuSimple:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 01, 2022
$15M
Post IPO
-
-
-
Feb 04, 2021
Undisclosed
Series E
-
-
-
Jan 20, 2021
Undisclosed
Series E
-
-
-
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TuSimple's founders and board of directors

Founder? Claim Profile
The founders of TuSimple is Xiaodi Hou. Cheng Lu is the CEO of TuSimple.
Here are the details of TuSimple's key team members:

TuSimple's employee count trend

TuSimple has 222 employees as of Aug 26. Here is TuSimple's employee count trend over the years:
Employee count trend for TuSimple
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TuSimple's Competitors and alternates

Top competitors of TuSimple include Aurora, Einride and Gatik. Here is the list of Top 10 competitors of TuSimple, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aurora
Aurora
2017, Mountain View (United States), Public
Developer of self-driving technology for integration into freight operations
$693M
78/100
2nd
Logo for Einride
Einride
2016, Stockholm (Sweden), Series E
Provider of electric and autonomous freight transportation solutions
$865M
74/100
3rd
Logo for TuSimple
TuSimple
2015, San Diego (United States), Public
AI-powered provider of self-driving solutions for trucks
$648M
73/100
4th
Logo for Gatik
Gatik
2017, United States, Series D
Operator of autonomous trucking solutions for middle-mile logistics operations
$500M
70/100
5th
Logo for PlusAI
PlusAI
2016, Santa Clara (United States), Series C
Developer of autonomous driving technology for integration into factory-built trucks
$720M
69/100
6th
Logo for Waabi
Waabi
2021, Toronto (Canada), Series C
Developer of physical artificial intelligence platform for autonomous trucks and robotaxis
$1.03B
69/100
7th
Logo for Kodiak Robotics
Kodiak Robotics
2018, Palo Alto (United States), Public
Developer of AI-powered ground autonomy solutions for trucking, defense, industrial
$165M
66/100
8th
Provider of self-driving technology for commercial vehicles
$121M
60/100
9th
Logo for Inceptio Technology
Inceptio Technology
2018, Fremont (United States), Series B
Developer of autonomous driving technology for heavy duty freight trucks
$678M
58/100
10th
Logo for DeepWay
DeepWay
2002, Beijing (China), Series B
Manufacturer of electric heavy trucks and related intelligent driving systems
$282M
56/100
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TuSimple's Investments and acquisitions

TuSimple has made no investments or acquisitions yet.

Reports related to TuSimple

Here is the latest report on TuSimple's sector:

News related to TuSimple

lockFilter this list
Media has covered TuSimple for 1 event in last 1 year, It was about company updates.
Bukalapak’s next subject: edtechTech in AsiaFeb 06, 2025Bukalapak, Grab, GoTo Group, Google and 6 others
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