Companies
/
Phantom Auto

Artificial Intelligence
Phantom Auto is a Silicon Valley-based teleoperation technology company that lets human operators remotely control vehicles and other machinery from a distant location as a safety backstop for autonomous systems.
Create an account to view live offerings, pricing, and market activity.
Sign in to view offerings and live market activity.
Phantom Auto was founded in 2017 by Elliot Katz and Shai Magzimof, based on the recognition that fully autonomous vehicles and robots, despite significant advances, still encounter situations they cannot reliably handle independently, such as unusual road conditions, confusing construction zones, or other edge cases outside their training, and that having a remote human operator available to take over control in these situations, a capability called "teleoperation," could serve as an important safety backstop that lets autonomous vehicle and robotics companies deploy their technology more confidently and safely in real-world conditions, rather than requiring a physically present human safety driver in every single vehicle, which limits the cost and scale advantages that autonomous technology is ultimately meant to provide. Phantom Auto's teleoperation technology lets a remote human operator, situated at a control center potentially far from the actual vehicle or robot, take over direct control when an autonomous system encounters a situation it cannot handle independently, using low-latency video and control connections designed to let the remote operator safely and responsively drive or otherwise control the vehicle despite the physical distance involved, a technically demanding requirement given how critical minimizing any delay between the remote operator's inputs and the vehicle's actual response becomes for safe real-time vehicle control. The company has positioned its teleoperation technology as complementary infrastructure supporting the broader autonomous vehicle and robotics industry's development, rather than competing directly with companies building the core autonomous driving or robotics technology itself, serving instead as a safety and operational backstop layer that various autonomous vehicle, delivery robot, and industrial robotics companies can integrate to handle edge cases their autonomous systems cannot yet reliably manage independently. Phantom Auto's customers have spanned various companies developing autonomous vehicles, delivery robots, and other autonomous machinery seeking remote human oversight and intervention capability as a safety and reliability backstop. The company has raised venture funding from investors including Y Combinator, Trucks Venture Capital, and Toyota AI Ventures, positioning itself within a specialized niche of the broader autonomous vehicle and robotics infrastructure ecosystem.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
No news available for this company.
| Company | Valuation |
|---|---|
Open![]() Anthropic Artificial Intelligence | $1.39T |
Open![]() OpenAI Artificial Intelligence | $1.2T |
Open![]() Cognition AI (Devin) Artificial Intelligence | $60.6B |
Open![]() Prometheus Artificial Intelligence | $42.8B |
Open![]() Fireworks AI Artificial Intelligence | $16.7B |
Sign up with Augment to see the latest market activity.