Hyperloop One
TransportUSAClosed 2023
Total Raised
$450M
Peak Valuation
Undisclosed
Employees
—
Year Collapsed
2023
Business model
Vacuum-tube high-speed transit technology licensing.
In brief
Aimed to build high-speed vacuum-tube transit systems capable of moving passengers at airline speeds over land. After a decade of prototype testing without a commercially operating route, the company wound down operations in 2023.
See the What Happened tab for the full account.
Key facts
- Founded
- 2014
- Closed
- 2023
- Headquarters
- Los Angeles, USA
- Industry
- Transport
- Employees
- —
- Revenue
- Undisclosed
- Founders
- Shervin Pishevar, Brogan BamBrogan
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Often compared with: TransPod, Hardt Hyperloop, Zeleros.