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Faction

Faction develops driverless electric vehicles that have the speed and performance of cars, but at the cost of a motorcycle. We do driverless combined with remote human supervision, so we’re not gated by waiting for 100% autonomous technology. Initially we’re focusing on micro delivery and vehicle-on-demand, where you can summon a vehicle and drive it yourself. We’ve completed our first prototypes and this Summer we’re launching trials for micro-delivery and ride-on-demand.

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Founded

2020

Employees

Between 200 - 500 employees

Raised

$70,600,000

Headquarters Location

1660 Lincoln Street Suite 1600, Denver, CO 80264

Public

FALSE

Acquired

FALSE

Founders

Luke Norris

CEO

Sean Charnock
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Funding Rounds

$4,300,000

June 2021

$4,300,000

March 2021

$14,000,000

April 2019

$18,000,000

March 2018

$5,000,000

January 2018

$6,000,000

January 2017

$6,000,000

December 2015

$4,000,000

April 2014

$9,000,000

August 2012

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