Helm.ai develops AI software for autonomous driving and the automation of robotics, with a focus on high-end ADAS and L4 autonomy. The company supplies technology for automotive and robotics customers and partners. Founded in November 2016 and led by CEO Vlad Voroninski, it is headquartered in Menlo Park, California. Helm.ai intends to use new capital to advance R&D and to productize its self-driving technologies. The company also plans to further execute on commercial engagements with customers and partners in the automotive and robotics sectors. The Series C increased the company's total reported funding to $102M. Helm.ai develops an unsupervised learning software stack that trains neural networks without large-scale fleet data, simulation or human annotation, and is sensor- and compute-agnostic. The company positions its product for high-end ADAS and L4 autonomous solutions and sells to OEMs and Tier 1 suppliers. Helm.ai says its approach reduces cost and expedites development timelines compared with conventional annotation- and simulation-heavy pipelines. The startup has attracted customers including Honda and other partners under NDA. It operates with a roughly 50-person workforce and will use new funding to add employees, invest in R&D and build commercial partnerships. The company is a six-year-old Menlo Park, California-based startup with a post-money valuation reported at $431 million and $78 million raised to date. Helm.ai develops AI software for high-end ADAS and Level 4 autonomous driving, using its Deep Teaching unsupervised learning technology based on mathematical modeling to train on large datasets with little or no human intervention. Led by CEO Vlad Voroninski, the company has grown in revenue and secured commercial contracts with multiple OEMs. It also reports partnerships with Tier 1 suppliers, chip and sensor companies, including previously announced collaborations with NVIDIA and Honda via Honda’s Xcelerator program. Helm.ai intends to use the new capital to grow its customer base and accelerate product expansion. The company is based in Menlo Park, California and has raised a total of $44M to date. The business focus remains on expanding commercial deployments of its autonomous-driving software. Helm.ai builds software that interprets vehicle sensor data using an unsupervised learning approach so neural networks can be trained without large-scale fleet data, simulation, or human annotation. The company is software-only and agnostic to compute platforms and sensors. Its product aims to match human-like understanding of sensor data to power driving systems. Helm.ai plans to license its software for Level 2/Level 2+ advanced driver assistance and Level 4 autonomous fleets. The startup has a small team of about 15 people and says it already has customers, some beyond the pilot phase. It will use new funding to expand engineering and R&D, hire more employees, and lock in and fulfill customer deals.

Total raised

$125M

Funding rounds

4

Latest round

Series C

Latest activity

Aug 2023