Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues45.8m45.8m41.5m41.5m31.0m
% growth--(9 %)-(25 %)
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DateInvestorsAmountRound
-

N/A

-
N/A

N/A

Early VC

$9.5m

Series A
N/A

$6.0m

Valuation: $47.5m

Early VC

$25.3m

Series B

$1.2m

Grant

$100m

Series B

$25.3m

Valuation: $500m

Series C
N/A

N/A

-

$115m

Series D
*

$39.0m

Valuation: $575m

Late VC
*

$32.0m

Valuation: $575m

Late VC
Total Funding€321m

Recent News about ClearMotion

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More about ClearMotioninfo icon
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ClearMotion is a technology company specializing in proactive ride systems that transform vehicle ride and handling. Operating in the automotive market, ClearMotion serves car manufacturers and automotive suppliers by providing a system that mitigates road inputs within a fraction of a second, much like noise-cancelling technology does for sound. The company's core product, the Activalve, is a software-centric, electro-hydraulic device installed at each corner of a vehicle. This system enhances comfort, productivity, performance, and safety by mitigating pitch, roll, and heave, and by providing features like haptic feedback and hazard avoidance. ClearMotion's business model revolves around selling and licensing its technology to automotive manufacturers, generating revenue through product sales and long-term contracts. The company has invested over a decade in perfecting its mechatronics and software, positioning itself as a leader in vehicle motion control technology.

Keywords: proactive ride system, automotive, vehicle handling, comfort, safety, Activalve, mechatronics, software, haptic feedback, hazard avoidance.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.