Glydways Announces $56 Million Series B Round With New Science Ventures, Acs Group, Khosla Ventures And Gates Frontier
Amount Raised
$56 Million
Round Type
Series B
South San FranciscoInformation TechnologyTransportationInvestors
Description
Glydways, a leader in developing on-demand Personal Rapid Transit (PRT), today announced it's $56 million Series B round, including the conversion of notes valued at more than $28 million and led by New Science Ventures with participation from The ACS Group and Gates Frontier. Khosla Ventures, Glydways first investor, is also participating in this latest round. The company has raised more than $70 million to date.
Quick answer
Glydways raised $56 Million in a Series B round, dated October 6, 2023. Investors: Craig Berman, Khosla Ventures, Gates Frontier, The ACS Group, Contra Costa Transportation Authority/Tri Delta Transit's Dynamic Personal Micro Transit Projects, Glydways and New Science Ventures. Glydways is based in South San Francisco, California, United States.
- How much did Glydways raise?
- Glydways raised $56 Million in a Series B round on October 6, 2023.
- Who invested in Glydways?
- Craig Berman, Khosla Ventures, Gates Frontier, The ACS Group, Contra Costa Transportation Authority/Tri Delta Transit's Dynamic Personal Micro Transit Projects, Glydways and New Science Ventures are named as investors in this round.
- What does Glydways do?
- Glydways, formerly Wayfarer is a transportation technology and clean energy company based in South San Francisco, California.
- Where is Glydways based and how big is it?
- Glydways is based in South San Francisco, California, United States. Fundz records about 174 employees.
- Who are the decision-makers at Glydways?
- Fundz holds 3 contacts at Glydways, including the SVP Growth - Americas. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation around the same time
Companies in the same sectors as Glydways that raised within 45 days of this round, from Fundz verified event records.
- Revolv raised $25M (Funding Round) on November 16, 2023.
- SWITCH Maritime raised $10M (Funding Round) on November 16, 2023.
- AireXpert raised $3M (Seed) on November 16, 2023.
- CargoLabs raised $30K (Pre-Seed) on November 16, 2023.
- RunBuggy raised $12M on November 13, 2023.
- Evenergi Labs raised $5M on November 13, 2023.
Who to call at Glydways, and when
A new round usually means Glydways is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Glydways raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Glydways, from your own LinkedIn network
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Funding Insights
What this usually meansGlydways raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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