About Auto Tech sector in United States
The Auto Tech sector in United States comprises 15.8K companies, including 2.42K funded companies having collectively raised $216B in venture capital money and private equity. Out of these, 1.44K are Series A+ funded, and 57 have achieved unicorn status.
Auto Tech sector in United States has seen 759 acquisitions and 163 IPOs. This represents almost 5.9% of all such companies - which is higher than the 4.0% exit rate of tech companies in general.
This sector includes companies providing technology-based solutions to consumers and enterprises in the automotive industry.
Auto Tech sector is also known as Mobility Tech or Vehicle Technology.
Companies that provide software to auto industry business stakeholders like dealers, workshops etc to manage their businesses. Companies that provide electric vehicle solutions, autonomous driving, connected vehicle technologies, hyperloop and flycars to both consumers and businesses. Companies that provide platforms to buy and sell vehicles, online media etc. Tech based solutions to off highway vehicles industry are also included. All offline solutions like financing, insurance, repairing, buying and selling, vehicle dealers, news etc Companies that manufacture traditional automotives and parts. Companies that provide IT services, consulting, testing services etc and all other offline solutions for automotive industry are excluded.
Top Auto Tech Companies in United States
There are 15,759 Auto Tech startups in United States which include Uber, Lyft, Samsara, Carvana, Lime. Out of these, 2,419 startups are funded, with 1,441 having secured Series A+ funding, and 57 achieving unicorn status.
2026 has seen the creation of 128 Auto Tech startups in United States. Over the past 10 years, an average of 601 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Massachusetts Institute of Technology and University of California (Berkeley).
Here is the list of top Auto Tech startups in United States
1. Uber
Network providing on-demand transportation, delivery, and business management solutions. It facilitates ride requests and connects individuals with transportation providers. Additionally, it offers delivery services for food and other goods. The network extends to business solutions, providing tools for managing rides, meals, and local deliveries for organizations.
Key facts about Uber
- Founded Year: 2009
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $13.2B
- Investors: Toyota, Fort Ross Ventures and 192 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $*****
- Tracxn Score: 89/100 What is this?
- Competitors Rank: 1 of 6,352 Competitors
2. Lyft
Network facilitating on-demand transportation and ride scheduling services for individuals. It provides options for immediate rides, scheduled pickups, and various vehicle types. The network offers programs for business transportation needs. It also focuses on safety measures and community support initiatives.
Key facts about Lyft
- Founded Year: 2007
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $5.02B
- Investors: CapitalG, Kakao Investment and 162 Others
- Latest Funding Round: Series I, Aug 06, 2018, $*****
- Tracxn Score: 88/100 What is this?
- Competitors Rank: 2 of 1,626 Competitors
3. Samsara
Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners. The platform offers solutions that include vehicle telematics, driver safety management, AI dash cams, camera connectors, mobile workflow, compliance management tools, security task management tools, and asset tracking systems. It provides services to FMCG, oil and gas, logistics and transportation, and industrial automotive.
Key facts about Samsara
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $915M
- Investors: Andreessen Horowitz, General Catalyst and 13 Others
- Latest Funding Round: Series F, May 21, 2020, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 5,469 Competitors
4. Carvana
Online dealer of pre owned cars. The platform offers personalized financing services for vehicles. Buyers can browse vehicles, answer a few questions, calculate loans and get an estimated value for the vehicle. The users can browse by models, brands, body styles, and locations.
Key facts about Carvana
- Founded Year: 2012
- Location: Phoenix (United States)
- Stage: Public
- Total Funding till date: $460M
- Investors: Ally, Alua Capital Management and 2 Others
- Latest Funding Round: Post IPO, Feb 18, 2024, $*****
- Tracxn Score: 85/100 What is this?
- Competitors Rank: 1 of 2,681 Competitors
5. Lime
App-based rental platform providing self-drive electric kick-scooter. The platform enables users to find the nearest available scooter and start the ride by scanning their QR code or access code. Users should provide rider details, payment details, location, and more for book the scooter. It offers features like variant payment options, and more. At the end of the ride, users can park the vehicle at their legal locations. Their mobile app is available for Android and iOS devices
Key facts about Lime
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $1.71B
- Investors: Andreessen Horowitz, Bain Capital Ventures and 99 Others
- Latest Funding Round: Series D, Jul 04, 2022, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 1 of 81 Competitors
Companies founded year-on-year in the Auto Tech sector in United States
128 new startups have been founded so far in 2026 in the Auto Tech sector in United States. 1,053 Auto Tech startups in United States were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 128 |
2025 | 161 |
2024 | 263 |
2023 | 431 |
2022 | 495 |
2021 | 736 |
2020 | 1,053 |
2019 | 987 |
2018 | 898 |
2017 | 861 |
Stage-wise distribution of Auto Tech sector companies in United States
Out of the total 15,759 Auto Tech companies in United States, 2,419 have secured funding. Among them, 1,441 have reached Series A or higher, and 1,179 to Series B or beyond.
Founded - 15,759
Funded - 2,419
Series A+ - 1,441
Series B+ - 1,179
Series C+ - 1,044
Company Stage | No. of companies |
|---|---|
Founded | 15,759 |
Funded | 2,419 |
Series A+ | 1,441 |
Series B+ | 1,179 |
Series C+ | 1,044 |
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Funding Trends in the Auto Tech sector in United States
Total funding year-on-year in the Auto Tech sector in United States
The Auto Tech sector in United States saw a total funding of more than $175B in the last 10 years. The most amount of funding was in 2020 at more than $24.6B. There has been a total funding of $23B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $23B |
2025 | $12B |
2024 | $12.3B |
2023 | $16.2B |
2022 | $11.6B |
2021 | $21.3B |
2020 | $24.6B |
2019 | $20.9B |
2018 | $18.3B |
2017 | $14.4B |
Recent Funding Rounds in Auto Tech in United States
In the year 2026, till September 2026, Auto Tech companies in United States have raised $21.3B in equity funding across 92 rounds.
In the same period last year (i.e. till September 2025), Auto Tech companies in United States had raised $4B across 108 rounds.
So, 2026 has seen a 433.57% rise in funding in Auto Tech companies in United States as compared to 2025.
Here are some recent, important funding rounds in Auto Tech companies in United States:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 6538 | Sep 26, 2026 | ||
Seed | 4552 | Sep 22, 2026 | ||
Series A | 7696 | Sep 17, 2026 | - | |
Series A | 6526 | Sep 15, 2026 | ||
Series A | 1675 | Sep 15, 2026 |
Top Investors in Auto Tech in United States
U.S. Department of Transportation is the top investor in Auto Tech companies in United States based on number of companies invested.
Here are some top investors in Auto Tech companies in United States:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
New York City (United States) | ||
Mountain View (United States) | ||
Sunnyvale (United States) | ||
Oak Ridge (United States) |
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M&A activity in Auto Tech sector in United States
In the year 2026, till September 2026, 30 acquisitions happened in Auto Tech sector in United States. Last year, in 2025, a total of 47 acquisitions happened in Auto Tech sector in United States.
Here are some recent, important acquisitions in Auto Tech sector in United States:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 12, 2026 | ||
Business Acquisition | Sep 01, 2026 | ||
Business Acquisition | Aug 10, 2026 | ||
Business Acquisition | Aug 07, 2026 | ||
Business Acquisition | Aug 01, 2026 |
Acquisition trends in Auto Tech sector in United States
Here are the acquisition trends in Auto Tech sector in United States:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 30 |
2025 | 47 |
2024 | 43 |
2023 | 53 |
2022 | 77 |
2021 | 100 |
2020 | 63 |
2019 | 60 |
2018 | 71 |
2017 | 59 |
IPOs in Auto Tech in United States
In the year 2026, till July 2026, 1 IPO happened in Auto Tech sector in United States.
Here are some recent, important IPOs in Auto Tech sector in United States:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jul 01, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Dec 10, 2025 | Hong Kong Exchanges (HKG) | |
Nov 06, 2025 | Hong Kong Exchanges (HKG) | |
Nov 06, 2025 | Hong Kong Exchanges (HKG) | |
Nov 04, 2025 | New York Stock Exchange (NYSE) |
Colleges which produce the most Auto Tech companies in United States
Companies founded by alumni from top colleges in the Auto Tech in United States
Most number of Auto Tech startups in United States have been founded by alumni from Stanford University, Massachusetts Institute of Technology and University of California (Berkeley).
College | No. of companies |
|---|---|
Stanford University | 130 |
Massachusetts Institute of Technology | 99 |
University of California (Berkeley) | 82 |
Harvard University | 71 |
University of California (Los Angeles) | 52 |
University of Pennsylvania | 45 |
Cornell University | 39 |
Harvard Business School | 39 |
Carnegie Mellon University | 37 |
Columbia University | 29 |
Total funding in Auto Tech companies founded by alumni from top colleges in United States
In the last 10 years, University of California (Berkeley) graduates' Auto Tech companies in United States have raised the most funding among top colleges. Massachusetts Institute of Technology alumni are second, and University of California (Los Angeles) alumni are third.
College | Total Funding |
|---|---|
University of California (Berkeley) | $43.7B |
Massachusetts Institute of Technology | $28.1B |
University of California (Los Angeles) | $19.9B |
Haas School of Business | $19.3B |
London Business School (LBS) | $19B |
King’s College London | $18.7B |
Stanford University | $14B |
Cornell University | $7.57B |
Carnegie Mellon University | $7.48B |
Harvard University | $6.32B |
Top News in Auto Tech in United States
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Autonomy Adds Volkswagen ID.4 Electric Vehicles to Subscription FleetAuto Remarketing•Sep 24, 2026•Autonomy
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QAD and Redzone to Integrate NVIDIA Technology for AI-Driven Factory Data and Production PlanningMarketbusinessnews•Sep 23, 2026•QAD, Nvidia, RedZone Robotics
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Teletrac Navman Hires SVP of Operations & Enterprise TransformationWork Trucks•Sep 21, 2026•Teletrac Navman
