ADASTEC Corp.
PrivateLast Round
VC Round
Jul 11, 2025
Est. Valuation
$152.8M
Total Funding Raised
$1.35M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
ADASTEC Corp. operates in Mobility, Transportation & Logistics and is based in East Lansing, Michigan. Its latest recorded funding round was a VC Round in July 2025.
ADASTEC Corp. is a software company that provides flowride.ai, a SAE Level-4 automated driving software platform for full-sized public transit buses and commercial vehicles.
Sector
Mobility, Transportation & Logistics
Verticals
Autonomous Vehicles, Public Transit, Electric Vehicles, Fleet Management, Computer Vision
Business Model
B2B
Customer Profile
Hardware Sales, Subscription SaaS
AI Layer
Infrastructure
Historical Pricing
Historical view of private secondary pricing and transaction trends.
ADASTEC Corp. Comparables
Compare ADASTEC Corp. with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| May Mobility | 81% | |
| Perrone Robotics, Inc. | 79% | |
| Imagry | 79% |
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ADASTEC Corp. Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Jul 11, 2025 | ||||
| Grant | Jul 29, 2024 | ||||
| Seed | Mar 19, 2024 | ||||
| Debt | Jun 22, 2023 | ||||
| Grant | May 7, 2020 |
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Key People
Founding team and executive leadership
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ADASTEC Corp. Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| National Park Service | Grant |
| Michigan Department of Transportation | Grant |
| SeedBlink | Debt |
| APY Ventures | Seed |
| Michigan Economic Development Corporation | Grant |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 10, 2026
Integrating flowride.ai with Karsan's e-JEST and Beep's expertise.
- Apr 28, 2026
Partnered with MAN Truck & Bus for autonomous electric bus trials in Germany.
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ADASTEC Corp. Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about ADASTEC Corp.'s valuation, stock price, and market status.
Is ADASTEC Corp. a public or private company?
ADASTEC Corp. is a private company.
What is the current stock price of ADASTEC Corp.?
ADASTEC Corp. is a private company, so its shares have no public market price. Caplight tracks ADASTEC Corp.'s secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is ADASTEC Corp. worth (valuation)?
ADASTEC Corp.'s valuation is estimated at $152.8M based on funding round data.
Can I buy ADASTEC Corp. stock?
ADASTEC Corp. shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was ADASTEC Corp.'s last funding round?
ADASTEC Corp.'s most recent funding round was VC Round on July 11, 2025.
Who are the main investors in ADASTEC Corp.?
Key investors in ADASTEC Corp. include APY Ventures.
Will ADASTEC Corp. IPO soon?
No public IPO plans have been announced for ADASTEC Corp..
How can I track ADASTEC Corp. secondary market activity?
Caplight tracks bids, offers, and trades in ADASTEC Corp.'s shares on secondary markets.