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§ Private Profile · Los Angeles, CA, USA
Transportation technology company developing hyperloop-inspired systems for cargo and passenger transit in regional U.S. markets to reduce congestion.
Based in Los Angeles, California, Arrivo was a transportation technology company that developed hyperloop-inspired magnetic levitation systems to move cargo and passenger vehicles at high speeds. The venture-backed startup designed its regional transit infrastructure to transport freight and daily commuters at speeds reaching 200 miles per hour to alleviate urban traffic congestion. During its brief operational period, the firm established strategic partnerships with the Colorado Department of Transportation and Genertec America to construct a commercial test track near Denver. Despite initial momentum and growing to a peak headcount of approximately 30 employees, the enterprise ultimately ceased operations in December 2018 after failing to secure Series A financing. Arrivo was founded in 2017 by former SpaceX and Hyperloop One engineers Brogan BamBrogan, Jadon Smith, and Knut Sauer, alongside Andrew Liu, William Mulholland, Nima Bahrami, David Wicks, and David Pendergast.
Arrivo has raised $45.3M across 1 funding round.
Arrivo has raised $45.3M in total across 1 funding round.
Arrivo has raised $45.3M across 1 funding round. Most recently, it raised $45.3M Series B in November 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 29, 2023 | $45.3M Series B | Bobby Helmedag | REX Health Ventures, Solas BioVentures | Announced |
Arrivo has raised $45.3M in total across 1 funding round.
Arrivo's investors include Bobby Helmedag, Rex Health Ventures, Solas BioVentures.