Hypermile

Hypermile YC-Bewerbung

Summer 2020Acquired

Hypermile durchlief Y Combinator im Summer 2020-Batch als ein B2B-Unternehmen. Unten: Was das Unternehmen tut, wer es gegründet hat und seine Bewerbung bei YC, Frage für Frage im echten YC-Formular rekonstruiert.

YC-Batch
Summer 2020
Branche
B2BEngineering, Product and Design
Teamgröße
11
Status
Acquired
Gestartet
2021

Gründer

  • Jakub Langr
    Jakub LangrFounder
  • James Hennessey
    James HennesseyFounder

Was Hypermile tut

Hypermile is on a mission to improve trucking efficiency, sustainability and safety by developing an AI driver assistance system 🚛 🌎🌱. Today, fuel is the main cost component for logistics operators, accounting for >1/3 of all operating costs. Driving behavior is a key factor affecting overall fuel consumption and can increase fuel use by up to 35%. However, current solutions are not cost effective, so logistics operators are constantly looking for new solutions. In addition, logistics operators are under huge sustainability pressure, as Heavy Goods Vehicles (HGVs) are responsible for 16% of the UK's transport emissions but only 5% of the miles travelled. While electric vehicle sales for passenger vehicles are on the rise, the same can't be said for long-haul HGVs due to high initial cost and limited range, making it impractical for logistic purposes. With this problem in mind, we aim to leverage the latest AI techniques to improve the fuel efficiency of diesel trucks today, and increase the range of zero-emission trucks of the future. Our product Hypermile Co-Pilot is a retrofittable AI cruise control for commercial vehicles focused on controlling the speed of the truck efficiently. We have trained the AI algorithms to learn the best techniques for saving fuel: anticipating how traffic flow will change, optimising speed based on the road gradient and maximizing vehicle coasting. As a result, we can reduce diesel consumption by 11% and extend the range of battery-electric vehicles by 15%. The long term vision is to incrementally build higher levels of autonomy with the next milestone being a Level-3 autonomous trucking solution. The company was founded in May 2020 and raised a $1.5M pre-seed round in May 2021 from Y Combinator, Greg Brockman (CTO of OpenAI), Luc Vincent (former Executive VP of Autonomous Driving at Lyft Level 5) and others. We’ve received a number of R&D grants from Innovate UK, Department for Transport and Horizons 2020. We’re currently a team of 10 across Commercial, Product and Engineering (including 4. sub-teams cloud software, machine learning, automotive software and electronics).

Hypermiles YC-Bewerbung, rekonstruiert

Y Combinator Bewerbung

Hypermile, Summer 2020 Batch. Die echten Fragen des Antrags, beantwortet aus öffentlichen Daten.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Hypermile

Describe what your company does in 50 characters or less.

Driver co-pilot to make trucking more efficient

What is your company going to make? Please describe your product and what it does or will do.

We build Hypermile Co-Pilot, an AI speed controller retrofit for commercial trucks. It adjusts truck speed by anticipating traffic flow and road gradients to save fuel, reducing diesel consumption by 11% and extending electric truck range by 15%. Over time we'll layer in more autonomy, aiming for Level 3 self-driving trucks.

Where do you live now, and where would the company be based after YC?

We live in London, England and the company is based here as well.

Explain your decision regarding location.

London provides access to relevant talent, grants, and logistics operators. It's also a hub for sustainable transport innovation, which aligns with our mission.

21 weitere Antworten in der vollständigen Bewerbung

Founders, Progress, Idea, Equity, Curious, Batch Preference sind in der Vollversion. Erstelle ein kostenloses Konto, um es in YC Insights neben jedem anderen YC-Batch zu öffnen.

Häufig gestellte Fragen

Ist das die echte YC-Bewerbung von Hypermile?

Nein. Y Combinator hält eingereichte Bewerbungen privat. Dies ist eine Rekonstruktion: die echten Fragen des YC-Formulars, beantwortet aus den öffentlichen Daten von Hypermile (Veröffentlichungsnotizen, Gründerhintergründe, Produktbeschreibung). Sie zeigt, wie sich ein Unternehmen wie Hypermile bei YC präsentieren würde, nicht den Text, den sie eingereicht haben.

In welchem YC-Batch war Hypermile?

Hypermile war Teil des Y Combinator Summer 2020-Batches.

Wer hat Hypermile gegründet?

Hypermile wurde von Jakub Langr, James Hennessey gegründet.

Was macht Hypermile?

Driver co-pilot to make trucking more efficient

Wie lese ich die vollständige, rekonstruierte Bewerbung?

Erstelle ein kostenloses Round Funded Konto. Die vollständige 26-Antwort-Version der Bewerbung von Hypermile, und jede andere YC-Kohorte, findest du in YC Insights.

Weitere YC Startups wie Hypermile