Company Information

Get to know Peloton Technologies

Founded in 2011, Peloton Technologies, Inc. was a Silicon Valley-based company focused on developing advanced driver-assist systems (ADAS) and connected vehicle technology for the commercial trucking industry. Its flagship product was a "platooning" system that used vehicle-to-vehicle (V2V) communications and radar-based active braking to link pairs of trucks. This technology enabled the rear truck to automatically follow the lead truck at a close distance, reducing aerodynamic drag and significantly improving fuel efficiency and safety. Despite raising over $78 million in venture capital, the company ceased operations in early 2022 due to challenges in achieving commercial-scale deployment.

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Peloton Technologies

Canada

Founded in

01 Jan 2011 (15 Years)

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Cyprus

2017

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A Grade License

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B Grade License

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C Grade License

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D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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