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.
- Website
- tusimple.com
- 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
Ranked
3rd among 39 active competitors
Annual Revenue
$1M - $10M as on Dec 31, 2022
Employee Count
222 as on Aug 31, 2026
Exit Details
Public
Legal entities associated with TuSimple
TuSimple is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TUSIMPLE HOLDINGS INC. CIN: 1823593 , United States, Active | Feb 22, 2021 | $1M - $10M (As on Dec 31, 2022) | 1058 (As on Jun 30, 2023) | - |
TUSIMPLE CIN: 814788063 , Belgium, Active | Dec 26, 999 | - | 787 (As on Dec 31, 2022) | - |
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:
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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 | - | - | - |
View details of TuSimple's funding rounds and investors
TuSimple's founders and board of directors
Founder? Claim ProfileThe founders of TuSimple is Xiaodi Hou. Cheng Lu is the CEO of TuSimple.
Here are the details of TuSimple's key team members:
- Xiaodi Hou: Former Founder of TuSimple and founder of 1 other company. Contact Info: 1 email address
- Cheng Lu: CEO of TuSimple. Contact Info: 1 email address
View details of TuSimple's Founder profiles and Board Members
TuSimple's employee count trend
TuSimple has 222 employees as of Aug 26. Here is TuSimple's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aurora 2017, Mountain View (United States), Public | Developer of self-driving technology for integration into freight operations | $693M | 78/100 | |
2nd | Provider of electric and autonomous freight transportation solutions | $865M | 74/100 | ||
3rd | TuSimple 2015, San Diego (United States), Public | AI-powered provider of self-driving solutions for trucks | $648M | 73/100 | |
4th | Gatik 2017, United States, Series D | Operator of autonomous trucking solutions for middle-mile logistics operations | $500M | 70/100 | |
5th | PlusAI 2016, Santa Clara (United States), Series C | Developer of autonomous driving technology for integration into factory-built trucks | $720M | 69/100 | |
6th | Developer of physical artificial intelligence platform for autonomous trucks and robotaxis | $1.03B | 69/100 | ||
7th | Kodiak Robotics 2018, Palo Alto (United States), Public | Developer of AI-powered ground autonomy solutions for trucking, defense, industrial | $165M | 66/100 | |
8th | Changsha Intelligent Driving Institute 2017, Changsha (China), Public | Provider of self-driving technology for commercial vehicles | $121M | 60/100 | |
9th | Inceptio Technology 2018, Fremont (United States), Series B | Developer of autonomous driving technology for heavy duty freight trucks | $678M | 58/100 | |
10th | Manufacturer of electric heavy trucks and related intelligent driving systems | $282M | 56/100 |
Looking for more details on TuSimple's competitors? Click here to see the top ones
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
Media has covered TuSimple for 1 event in last 1 year, It was about company updates.
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TuSimple Sent Sensitive Self-Driving Data to China After US Security AgreementTechCrunch+•May 27, 2025•TuSimple
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Gaming TuSimple Responds to ‘Disbandment of 100-Person Team in Guangzhou’Pandaily•Feb 20, 2025•TuSimple
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Bukalapak’s next subject: edtechTech in Asia•Feb 06, 2025•Bukalapak, Grab, GoTo Group, Google and 6 others
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TuSimple’s former CEO wants a new board that will liquidate the companyTechCrunch+•Dec 17, 2024•TuSimple
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TuSimple Co-Founder and Largest Investor Issues Letter to StockholdersBusiness Wire•Dec 16, 2024•TuSimple
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TuSimple co-founder demands liquidation, sues company for control of his sharesTechCrunch+•Nov 27, 2024•TuSimple
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