Ride-sharing services are preparing us for a driverless future.
Open an App on your smart phone or watch and request a specific type of vehicle to drive to your selected GPS location.
Within a few minutes, an automobile arrives and transports you to your destination.
Payment is processed via transfer from your credit card to the ride-sharing company.
UBER has plans to own a fleet of500,000driverless Tesla Model S sedans by 2020. UBER CEO, Travis Kalanick confirmed his desire for 200,000 driverless Tesla’s on The Late Show with Steven Colbert (4:40 mark).
2 August 2009 | $200,000Seed Funding: Travis Kalanick and Garrett Camp
15 October 2010 |$1.25mnAngel Round:David Cohen, Mitchell Kapor, Lowercase Capital, Founder Collective, Cyan Banister, Babak Nivi, Alfred Lin, Scott Banister, Jason Calacanis, Mike Walsh, Naval Ravikant, Shawn Fanning, Oren Michels, Josh Spear, Jason Port
14 February 2011 | $11mnSeries A:First Round, Lowercase Capital, Benchmark, Alfred Lin, Innovation Endeavors, Scott Banister
7 December 2011 | $37mn Series B:Tusk Ventures, Benchmark, Goldman Sachs, CrunchFund, Menlo Ventures, Jeff Bezos, Troy Carter, Summit Action Fund, Bobby Yazdani, Signatures Capital, Data Collective, Nihal Mehta
23 August 2013 | $258mn Series C:Uber, Google Ventures, TPG Growth, Benchmark
6 June 2014 | $1.2bn Series D: Fidelity Investments, Wellington Management, BlackRock, Summit Partners, Kleiner Perkins Caufield & Byers, Google Ventures, Menlo Ventures, Sherpa Capital
4 December 2014 | $1.2bn Series E: Qatar Investment Authority, Valiant Capital Partners, Lone Pine Capital, New Enterprise Associates, Sherpa Capital
16 December 2014 | $600mn Series E: Baidu
21 January 2015 | $1.6bn Debt Financing:Goldman Sachs
18 February 2015 | $1bn Series E:HDS Capital, Times Internet,
Foundation Capital, AITV (Accelerate IT Ventures)
19 August 2015 | $100mn Private Equity: Tata Opportunities Fund