Fundraising Fox

ClearMotion

Changshu, CN · Founded 2012 · 113 employees on LinkedIn · 6 known investors

ClearMotion develops active suspension systems for automotive vehicles. The company manufactures production-ready suspension technology with a focus on serving the automotive industry.

Advanced ManufacturingAI & Machine LearningDeep TechHardwareMobility & Transportation

Founders & leadership

ClearMotion was founded in 2012 by Zack Anderson, Shak Avadhany, Zackary Anderson, and Shakeel Avadhany.

ZA
Zack Anderson
SA
Shak Avadhany
ZA
Zackary AndersonCo-founder
SA
Shakeel AvadhanyCo-founder
CSChristian Steinmann
Christian SteinmannCEO
AS
Arthur SambergNamed on SEC filing
WM
Walter MassenburgNamed on SEC filing
TW
Timothy WymanNamed on SEC filing

Board

KK
Krishna KolluriBoard director
JR
Jonathan RossBoard director
AJ
Arthur J. SambergBoard director
AM
Alexander MandlBoard director

Investors · 6

M12 (Microsoft's Venture Fund)Seattle · $100K – $10M
New Enterprise Associates (NEA)Menlo Park · $200K – $40M
NewView CapitalBurlingame
Qualcomm VenturesSan Diego · $5M
Verissimo VenturesBedford
World Innovation LabreportedPalo Alto

Reported raises · per SEC filings

Form D private placements

$302M disclosed across 5 rounds · 2013–2023

▶$42.5MraisedJan 2024 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christian SteinmannExecutive Officer, Director
  • Yan ZhuDirector
  • Jeffrey SambergDirector
  • Timothy ConnorDirector
  • Zackary AndersonDirector
Offering amount
$42.5M
Amount sold
$42.5M
First sale
Mar 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$38.5MraisedFeb 2023 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeffrey SambergDirector
  • Zackary AndersonDirector
  • Timothy ConnorDirector
  • Christian SteinmannExecutive Officer, Director
Offering amount
$38.5M
Amount sold
$38.5M
First sale
Sep 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$115MraisedNov 2019 · 24 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Shakeel AvadhanyExecutive Officer, Director
  • Krishna KolluriDirector
  • Arthur J. SambergDirector
  • Jonathan RossDirector
  • Zackary AndersonExecutive Officer, Director
Offering amount
$115M
Amount sold
$115M
First sale
Dec 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$100MraisedFeb 2017 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Krishna KolluriDirector
  • Zackary AndersonExecutive Officer, Director
  • Jonathan RossDirector
  • Shakeel AvadhanyExecutive Officer, Director
  • Alexander MandlDirector
  • Arthur J. SambergDirector
Offering amount
$100M
Amount sold
$100M
First sale
Jan 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6MraisedJan 2014 · 12 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Arthur SambergDirector
  • Shakeel AvadhanyExecutive Officer, Director
  • Walter MassenburgDirector
  • Timothy WymanDirector
  • Zackary AndersonExecutive Officer, Director
Offering amount
$6M
Amount sold
$6M
Minimum investment
$25K
First sale
Dec 2013
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

ClearMotion: Software-Defined Chassis Company Pulls In $32 Million In Fundingpulse2.com · Jun 2023ClearMotion Received $32M Investmentfinsmes.com · May 2023ClearMotion Smooths Path To Commercialization With $115M For AI-Driven Suspension Technews.crunchbase.com · Jan 2019ClearMotion raises $115 million for 'digital chassis' that makes car rides smoother | VentureBeatventurebeat.com · Jan 2019ClearMotion Raises $100m in Series C Financing - FinSMEsfinsmes.com · Feb 2017

Frequently asked questions

What does ClearMotion do?
ClearMotion develops active suspension systems for automotive vehicles. The company manufactures production-ready suspension technology with a focus on serving the automotive industry.
Who founded ClearMotion?
ClearMotion was founded by Zack Anderson, Shak Avadhany, Zackary Anderson, Shakeel Avadhany in 2012.
Who are ClearMotion's investors?
ClearMotion's investors include M12 (Microsoft's Venture Fund), New Enterprise Associates (NEA), NewView Capital, Qualcomm Ventures, Verissimo Ventures, World Innovation Lab.
How much funding has ClearMotion raised?
ClearMotion has disclosed $302M raised across 5 rounds.
Where is ClearMotion headquartered?
ClearMotion is headquartered in Changshu, CN.