venture scanner connected transportation report 2016 q1
TRANSCRIPT
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Connected TransportationStartup Landscape Trends and Insights
January, 2017
Connected transportation technology report outline
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This report provides an overview of the Connected Transportation sector and is broken down into three sections
Sector Description
High-level sector metrics with sub-category
definitions
Trends & Insights
Infographics and data points for the Connected
Transportation sector
Quarterly Activity
Major funding and exit events from the previous
90 days
Venture Scanner reports are built by analysts utilizing our startup database and landscaping platform
Connected Transportation Sector Description
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Transportation startups are creating new businesses and disrupting old ones
The graphic above shows a sampling of companies in each category, stats as of January 2017 4
Connected TransportationLearn about our full 1,053 company
report with $51B in funding
Fleet Management Telematics Smart City Car Sharing Mapping/Location Ride Hailing
Enhanced OwnershipIndividualized Insurance
Auto Wireless Networking Autonomous Cars
Clean Tech Intelligence Transit Public Transit
Auto HUD
V2V CommunicationsInfotainmentSmart Parking
Innovation quadrant for connected transportation
AVERAGE FUNDING ($M)
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ESTABLISHED HEAVYWEIGHTS
PIONEERS DISRUPTORS
This quadrant shows a relative segmentation of the categories with respect to one another 5
Ride Hailing
Smart City/Mobility
EnhancedOwnership
V2VCommunications
IndividualizedInsuranceAuto Clean Tech
Autonomous CarsFleet Management
Telematics
IntelligentTransit Systems
Car Sharing
Mapping/RouteOptimization
WirelessNetworking
Infotainment
SmartParking
Public Transit
Auto HUD
Transportation startups play in many different categories (1 of 3)
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Auto Clean Tech43 Startups, $967M Total FundingCompanies that create technologies which make transportation more friendly towards the environment.
Category stats as of January 2017
Auto Heads Up Display10 Startups, $61M Total FundingCompanies that bring “cockpit” style display technologies, such as dashboard mounted devices, to the automotive world.
Automotive Telematics202 Startups, $2.7B Total FundingCompanies that provide car owners with better access to the specific information generated by their car during operations.
Auto Fleet Management121 Startups, $1.9B Total FundingCompanies that assist large professional fleet owners to optimize the their total cost of operations.
Automotive Infotainment 52 Startups, $297M Total FundingCompanies the produce communication and entertainment solutions that are integrated into the automotive experience.
Autonomous and Assisted Cars 49 Startups, $2B Total FundingCompanies that provide technologies to either help humans drive more safely or eliminate the need for a human behind the wheel.
Transportation startups play in many different categories (2 of 3)
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Auto Wireless Networking46 Startups, $489M Total FundingCompanies that develop the infrastructure to enable automobiles to communicate wirelessly to dedicated receivers or the cloud.
Category stats as of January 2017
Enhanced Auto Ownership93 Startups, $2.6B Total FundingCompanies that allow for new methodologies to buy, rent, own, or maintain a car, also includes dedicated social networks.
Intelligent Transit Systems42 Startups, $484M Total FundingCompanies that enable vehicle-to-infrastructure communication for use by local transit authorities.
Car Sharing73 Startups, $851M Total FundingCompanies that provide for the collaborative consumption of cars, enabling consumers to share the cost of car ownership.
Individualized Insurance68 Startups, $1.5B Total FundingCompanies that enable insurance providers to offer products tailored towards specific customer needs and usage.
Mapping, Location, and Route Optimization 131 Startups, $1B Total FundingCompanies that enable users to understand where they are, what is nearby, and optimal directions to reach other destinations.
Transportation startups play in many different categories (3 of 3)
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Public Transit Enhancement 61 Startups, $402M Total FundingCompanies that encourage the use of public transportation options such as streamlining ticket payment or centralizing information.
Category stats as of January 2017
Smart City and Mobility 99 Startups, $9.6B Total FundingCompanies that provide solutions for increasing the sustainability in how transportation is conducted within cities.
Vehicle to Vehicle Communications 23 Startups, $556M Total FundingCompanies which provide the underlying technology for direct information sharing between two vehicles while in operation.
Ride Hailing and Scheduling 133 Startups, $30B Total FundingCompanies that enable users to schedule a ride on-demand or in the future, sometimes called transportation network companies.
Smart Parking Technology 64 Startups, $634M Total FundingCompanies that make it easier for drivers to find and pay for available parking spaces, usually in dense urban environments.
Connected Transportation Trends & Insights
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Venture investing into the space is dominated by Uber-style startups
The Ride Hailing and Scheduling category accounts for 53% of all venture funding and 10% of total companies in the transportation startup sector
Venture Investing in Connected Transportation
Companies are categorized by function, and therefore can exist in multiple categories
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Co
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VC Funding Count
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Funding into connected transportation has grown substantially in recent years
Overall transportation VC funding grew at a CAGR of 79% from 2011-2016
Connected Transportation Funding Over Time
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2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
To
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B)
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A variety of transportation startups are starting to show traction
Connected Transportation Funding Amount by Type Over Time*
2016 saw an expansion of Late Stage and Series A funding, implying established companies are succeeding and new ideas are bearing fruit
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2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Fun
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B)
Late Stage Series D Series C Series B Series A Seed
*Graph shows only the funding types listed therein
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Transportation startups founded in 2009 and 2012 lead in VC funding
Startups founded in 2009 and 2012 account for 64% of total sector funding, including companies like Uber, Didi Chuxing, and Lyft
Connected Transportation Funding By Vintage Year
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2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
To
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B)
Year Founded
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Connected transportation startups are a global phenomenon
Connected Transportation Startup Count by Country
0 500Companies
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Top VC investors are making bets into connected transportation
Selected Investor Activity in Connected Transportation
The above count represents a subset of overall investor activity
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Nu
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vest
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Number of Investments Number of Companies Backed
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Connected transportation exit activity is healthy and growing
Exits within the transportation sector grew by 400% between 2011 and 2016
Connected Transportation M&A and IPO Events Over Time
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2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
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Public Acquired
Connected Transportation Quarterly Update
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Recent connected transportation funding events
There have been 61 funding events in the past 90 days, providing $2.2 billion in capital
Funding Statistics from Last 90 Days*
Company Amount Funding Type
$350,000,000 Series D
$230,600,000 Series B
$215,000,000 Series D
$160,100,000 Series E
$140,000,000 Series E
Notable Recent Funding Events
*Graph shows only the funding types listed therein
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Seed Series
A
Series
B
Series
C
Series
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Late
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Fun
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Recent connected transportation exit events
There have been 10 exit events in the past 90 days, consisting of 9 acquisitions and 1 IPO
Notable Recent Connected Transportation Acquisitions
Company Acquirer Amount Date
$47,000,000,000 Oct 27, 2016
$8,000,000,000 Nov 14, 2016
$4,500,000,000 Nov 14, 2016
Unknown Dec 10, 2016
Unknown Dec 15, 2016
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