Transportation Technology Sector Overview – Q1 2019

This blog post examines the different components of the transportation technology ecosystem. We will illustrate what the categories of innovation are and which categories have the most companies. We will also compare the categories in terms of their funding and maturity.

Automotive Telematics Is The Largest Transportation Technology Category

Let’s start off by looking at the Sector Map. We have classified 1430 transportation technology startups into 17 categories. They have raised $163B from 2710 investors. The Sector Map highlights the number of companies in each category. It also shows a random sampling of companies in each category.

Transportation Technology Logo Map
Transportation Technology Logo Map

We see that Automotive Telematics is the largest category with 213 companies. This category contains companies that collect, analyze, and distribute car data. This data is used by owners to optimize their automotive use. Their products include on-board data readers, diagnostic tools, and notifications to mobile devices. Some example companies in this category are Zubie, Otonomo, Airbiquity, and CloudCar.

Let’s now look at our Innovation Quadrant to find out the funding and maturity of these categories in relation to one another.

The Pioneers Quadrant Has the Most Transportation Technology Categories

Our Innovation Quadrant divides the transportation technology categories into four different quadrants.

Transportation Technology Innovation Quadrant
Transportation Technology Innovation Quadrant

We see that the Pioneers quadrant has the most number of transportation technology categories at 10, accounting for 59% of all transportation technology categories. The V2V Communications category has the highest average age, and the Ride Hailing category has the highest average funding. On the other hand, the Smart Parking and Car Sharing categories are low on both average funding and age.

To learn more about our complete transportation technology dynamic report, visit us at www.venturescanner.com or contact us at info@venturescanner.com.

Transportation Technology Report Highlights  – Q1 2019

Here is our Q1 2019 summary report on the transportation technology startup sector. The following report includes a sector overview and recent activity.

To learn more about our complete transportation technology dynamic report, visit us at www.venturescanner.com or contact us at info@venturescanner.com.

Transportation Technology Average Funding Event Size Has Remained Stable

For this quarter’s funding analysis, let’s examine how average funding event sizes in the transportation technology sector are evolving. The graphic below shows the transportation technology average funding event size over time by quarter.

Transportation Technology Averaging Fund Event Size
Transportation Technology Averaging Fund Event Size

As the graphic demonstrates, transportation technology average funding event size in Q1 2019 was at $115M, which increased by 47% from the $78M last quarter. The average funding size has been on a general upward trend, with the average funding size last quarter about twice as large as it was 5 years ago. The top three funding events in Q1 2019 include a $1.5B round from Chehaoduo, a $1.46B round from Grab, and a $940M round from Nuro.

To learn more about our complete transportation technology dynamic report, visit us at www.venturescanner.com or contact us at info@venturescanner.com.

Transportation Technology Funding Experiences Decline in 2018

As we progress through Q1 of 2019, let’s look back on 2018 and analyze how funding in the transportation technology sector compares to previous years. The graphic below shows the total annual transportation technology funding amounts over time.

Transportation Technology Funding Over Time
Transportation Technology Funding Over Time

As the graphic demonstrates, 2018 saw a drop in transportation technology funding compared to the previous year. The $38B in 2018 represents a 23% decrease from the $49B in 2017, which was the highest year on record. However, transportation technology funding is still on an upward trend, with a 5-year CAGR of 63% from 2013 to 2018. Some of the notable funding events in 2018 include a $2B round for Uber, a $1.5B round for Go-Jek, a $1B round for Grab, and a $1B round for Lucid Motors.

To learn more about our complete transportation technology dynamic report, visit us at www.venturescanner.com or contact us at info@venturescanner.com.

Transportation Technology Investors With the Most Activity

The transportation technology industry has seen $158B in total all time funding. Let’s now examine the investors financing the transportation technology sector and identify the most active firms.

The graphic below highlights transportation technology investors based on the number of investments made in the sector. If an investor participates in two investment rounds in the same company (such as a Series A and Series B), that would qualify as two investments for this analysis.

Transportation Technology Investors with Most Investments
Transportation Technology Investors with Most Investments

As the graphic demonstrates, Y Combinator has made the most investments in the transportation technology sector with 42 investments. Sequoia Capital follows with 41 investments. Examples of companies that Y Combinator has invested in include Convoy, Embark Trucks, Skip Scooters, and Automatic. The three CVCs rounding out the list include Tencent Holdings, BMW i Ventures, and Qualcomm Ventures.

To learn more about our complete transportation technology dynamic report, visit us at www.venturescanner.com or contact us at info@venturescanner.com.

Transportation Technology Report Highlights  – Q4 2018

Here is our Q4 2018 summary report on the transportation technology startup sector. The following report includes a sector overview and recent activity.

To learn more about our complete transportation technology dynamic report, visit us at www.venturescanner.com or contact us at info@venturescanner.com.

Smart Mobility and Ride Hailing Lead Transportation Technology Funding

We previously highlighted that transportation technology funding has remained stable in recent quarters. This blog post will take a closer look at the funding trends within the individual transportation technology categories. Per our analysis, we notice two important observations:

  • The Smart Mobility category leads the sector in Q3 funding
  • The Ride Hailing category leads the sector in all-time funding

We’ll highlight these observations with some graphics and discussions below.

The Smart Mobility Category Leads Transportation Technology In Q3 Funding

To start off, let’s review the amount of funding raised this quarter per category within transportation technology.

Transportation Technology Latest Quarter Category Funding
Transportation Technology Latest Quarter Category Funding

The above graphic highlights that the Smart Mobility category leads the sector in Q3 funding with $4.4B. The Ride Hailing category follows in the second place with $2.8B.

Smart Mobility companies provide solutions for increasing sustainability in conducting transportation within cities. These solutions include all electric vehicles and distributed energy systems that recharge vehicles. Some example companies in this category include Gogoro, ChargePoint, Cityscoot, and Zagster.

Let’s now see how the transportation tech categories’ funding compare with each other historically.

The Ride Hailing Category Leads the Sector in All-Time Funding

The graph below shows the all-time funding for the various transportation technology categories. The Q3 funding and growth rates of these categories are also highlighted.

Transportation Technology Total Category Funding
Transportation Technology Total Category Funding

As the bar graph indicates, the Ride Hailing category leads transportation technology in total funding at $68B. Its funding is almost twice the funding of the next category, Smart Mobility at $37B.

Ride Hailing companies enable consumers to schedule a ride either in real time or in the future. They include transportation network companies, white label mobile applications, and website booking portals. Some example companies in this category include Uber, Didi Chuxing, Lyft, and Ola Cabs.

In summary, the Smart Mobility category leads transportation technology in Q3 funding, while the Ride Hailing category is the clear leader in total funding.

To learn more about our complete transportation technology report and research platform, visit us at www.venturescanner.com or contact us at info@venturescanner.com.