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May Mobility is a series D company based in Ann Arbor (United States), founded in 2017 by Edwin Olson and Steve Vozar. It operates as a Developer of autonomous shuttles. May Mobility has raised $383M in funding from investors like Millennium Technology Value Partners, Cyrus Capital Partners and Toyota Ventures. The company has 22 active competitors, including 5 funded and 4 that have exited. Its top competitors include companies like Zoox, Circuit and Optimus Ride.
Company Details
Developer of autonomous shuttles. It has developed autonomous shuttles to optimize traffic congestion, reduce accidents, claims to reduce pollution, and more. It offers a mobile app to book shuttles and claims to drop users at convenient locations.
- Website
- maymobility.com
- Social
- Email ID
- *****@maymobility.com
- Registered Address
- Ann Arbor, Michigan
Key Metrics
Founded Year
2017
Location
Ann Arbor, United States
Stage
Series D
Total Funding
$383M in 9 rounds
Latest Funding Round
Investors
Ranked
2nd among 22 active competitors
Employee Count
196 as on Dec 31, 2022
Legal entities associated with May Mobility
May Mobility is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Dec 31, 1999 | - | 196 (as on Dec 31, 2022) | - |
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May Mobility's funding and investors
Filter this listMay Mobility has raised a total funding of $383M over 9 rounds. Its first funding round was on 2017. Its latest funding round was a Series D round on Mar 19, 2024 for an undisclosed amount. 1 investor participated in its latest round, lead by Tokyo Century.
May Mobility has 41 institutional investors including Millennium Technology Value Partners, Cyrus Capital Partners and Toyota Ventures.
Here is the list of recent funding rounds of May Mobility:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Mar 19, 2024 | Undisclosed | Series D | 6424132 | 4675812 | |
Nov 07, 2023 | $105M | Series D | 5188022 | 6277189 | |
Jul 12, 2022 | $111M | Series C | 3006147 | 9854984 |
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May Mobility's founders and board of directors
Founder? Claim ProfileThe founders of May Mobility are Edwin Olson and Steve Vozar.
Here are the details of May Mobility's key team members:
- Edwin Olson: Co-Founder & CEO of May Mobility. Contact Info: 1 email address
- Steve Vozar: Co-Founder of May Mobility.
View details of May Mobility's Founder profiles and Board Members
May Mobility's employee count trend
May Mobility has 196 employees as of Dec 22. The total employee count is 96.0% more than what it was in Dec 21. Here is May Mobility's employee count trend over the years:Uncover May Mobility's growth story! Sign up today!Access Tracxn on any website
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May Mobility's Competitors and alternates
Top competitors of May Mobility include Zoox, Circuit and Optimus Ride. Here is the list of Top 10 competitors of May Mobility, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zoox 2014, Foster City (United States), Acquired | AI-enabled platform offering autonomous mobility solutions | $990M | 71/100 | |
2nd | May Mobility 2017, Ann Arbor (United States), Series D | Developer of autonomous shuttles | $383M | 66/100 | |
3rd | Circuit 2011, New York City (United States), Series B | Developer of an app-based platform for shuttle services via electric vehicles | $28M | 65/100 | |
4th | Optimus Ride 2015, Cambridge (United States), Acquired | Provider self-driving technology for shuttles | $44M | 55/100 | |
5th | Navya Technology 2014, Paris (France), Public | Developer of autonomous electric shuttle for mobility | $38.5M | 55/100 | |
6th | Glydways 2016, San Francisco (United States), Series B | Developer of electric autonomous shuttles and mass transit solutions | $102M | 49/100 | |
7th | Auro Robotics 2013, Santa Clara (United States), Acquired | Hi-tech robotics startup building autonomous vehicles | $2M | 48/100 | |
8th | Beep 2019, Orlando (United States), Series B | App-based platform to book intracity autonomous shuttles | $97.7M | 46/100 | |
9th | Freebee 2012, Miami (United States), Series A | App-based platform for shuttle services via electric vehicles | $8M | 45/100 | |
10th | Coast Autonomous 2017, Pasadena (United States), Unfunded | Developer of autonomous vehicle technology and mobility solutions for various environments | - | - | 41/100 |
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May Mobility's Investments and acquisitions
May Mobility has made no investments or acquisitions yet.
Reports related to May Mobility
Here is the latest report on May Mobility's sector:
News related to May Mobility
Filter this listMedia has covered May Mobility for a total of 11 events in the last 1 year, 6 of them have been about partnerships and 4 about company updates.
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Uber and May Mobility Partner for Autonomous Taxis Aiming Margin GainsPYMNTS.com•Jun 10, 2025•Uber, May Mobility
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Itochu invests $6.9M in May Mobility to bring self-driving tech to Japan by 2027Nihon Keizai Shimbun•May 28, 2025•ITOCHU, May Mobility
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May Mobility to Deploy Autonomous Vehicles on Uber PlatformTechCrunch+•May 01, 2025•May Mobility, Uber
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Lyft to launch autonomous taxi service in Atlanta and DallasSiliconAngle•Mar 22, 2025•Lyft, May Mobility
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Lyft May Add Autonomous Vehicles To Ridesharing Platform This SummerPYMNTS.com•Mar 21, 2025•Lyft, May Mobility
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JTA CEO authorized to negotiate contracts with 3 AV transit companiesThe Business Journals•Nov 14, 2024•ADASTEC, May Mobility
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Lyft inks new partnerships to make autonomous taxis available through its appSiliconAngle•Nov 07, 2024•Lyft, Intel, May Mobility, Nexar
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Lyft surges 21% on higher Q4 forecast, new partnershipsBreaking The News•Nov 07, 2024•Lyft, Mobileye, May Mobility, Nexar
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Lyft partners with May Mobility, Mobileye to bring autonomous vehicles to the appTechCrunch+•Nov 06, 2024•Lyft, Mobileye, May Mobility
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