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Cruise

Cruise IPO

$30B
Last Known Valuation, Sep 2025
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Cruise IPO date and status

2013
Founded
Feb 2025
MA Closed

Company details

Cruise was founded in 2013 by Daniel Kan and Kyle Vogt. Cruise has not officially endorsed a plan to participate in an IPO.

Cruise is an automated vehicle software company. Per Forge data, Cruise raised $15.1 billion in funding over 13 rounds. Their latest funding was raised on Mar 18, 2022. Key investors include Spark Capital, Qualcomm Ventures, General Motors, GM Financial, and Microsoft.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Founded
2013
Headquarters
San Francisco, CA, United States
Founders
Daniel Kan, Kyle Vogt
Forge Price 1
Price not available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
No longer available
Total Funding
No longer available
Last Funding Round
No longer available

Learn more about Cruise

To invest in Cruise pre-IPO

Can you invest in Cruise pre-IPO?

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Can you sell shares of Cruise before it goes public?

You can no longer sell shares of Cruise on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my Cruise shares?

Forge can no longer determine the value of Cruise shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is Cruise a publicly traded company?

Cruise became a public company following its M&A on 02/03/2025 and is now a publicly traded company.

To learn more about Cruise potential IPO

Will Cruise go IPO?

Cruise became a public company following its M&A on 02/03/2025.

What is Cruise’s IPO price?

The IPO price of Cruise is not currently available.

When was Cruise founded?

Cruise was founded in 2013.

What is Cruise funding to date?

The funding to date for Cruise is not currently available.

Cruise major investors

Capitalx
Frogventures
Honda Motor Company
Insight Partners
M12
Microsoft
Quiet Capital
Sapphire Ventures
Tiger Global Management
Walmart

Cruise pre-IPO valuation and funding rounds

Last known valuation details
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
Funding Round Details are not yet available for this company.

Cruise IPO news and media highlights

GM buying out SoftBank’s $2.1 bn stake in Cruise self-driving cars

American automaker General Motors announced Friday it is acquiring SoftBank’s $2.1 billion stake in its autonomous car venture Cruise. In addition, GM will chip in another $1.35 billion investment to cover a commitment made in 2018 by the Vision Fund of SoftBank, a Japanese telecom giant. The Detroit firm has ramped up its investments in autonomous technology and its build-out of electric vehicle capacity as it looks to curb emissions and engage in a technology race with Tesla and other self-driving ventures.

General Motors Stock Slides After Sudden Exit Of Cruise CEO Dan Ammann

General Motors (GM) shares slumped lower Friday after the carmaker lost a key executive in its self-driving car subsidiary. GM said late Thursday that Cruise CEO Dan Ammann would be stepping down from its majority-owned division immediately, with CTO Kyle Vogt tabbed as his interim replacement. Cruise, which is close to receiving permits to operate its self-driving taxis in San Francisco, was recently touted by GM CEO Mary Barra as having the potential to generate $50 billion in revenues over the next six years.

Longtime GM exec Dan Ammann is out as Cruise CEO – TechCrunch

Cruise CEO Dan Ammann is leaving the company, its parent company General Motors said in late afternoon statement. Kyle Vogt, who co-founded the autonomous vehicle company, and was the company’s first CEO will take over the role on an interim basis. Vogt has been serving as Cruise’s pres…

CEO of GM's autonomous vehicle branch Cruise is leaving the company

Dan Ammann, CEO of General Motors autonomous vehicle branch Cruise, is leaving the company, GM announced Thursday. The move is effective immediately. Shares of GM were down about 4.5% after hours. Additionally, Cruise will gain a new board member: Former Chairman and CEO of Northrop Grumman Wesley Bush, who is also a GM board member. Cruise’s President and CTO Kyle Vogt will take over as interim CEO, the company said. Vogt is also a co-founder of the business and previously served as CEO.
Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Transportation
Subsector: Autonomous Vehicles
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
LimeLimeNot available$ xx.xxSeries 3$510MM$0.02$85MM
Aptera MotorsAptera MotorsNot available$ xx.xxSeries B-1-A$832.65MM$27.60$709,126.80

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
SpaceX SpaceX $550.00 +$102.77 (22.98%)High $xxx.xx
Anduril Anduril $105.00 -$0.53 (0.50%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $105.00 -$0.53 (0.50%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx
SambaNova Systems SambaNova Systems $14.74 -$1.36 (8.45%)Medium $xxx.xx

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Updated on: Jul 15, 2025

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