FundedIQ
Artificial Intelligence

ADASTEC: Funding, Investors & Team (Sep 2026)

ADASTEC offers the most cutting-edge Level-4 automation platform for full-sized buses and coaches on the market. The ADASTEC Open Automated Bus Platform, known as "flowride.ai," is specifically created for widespread use in public transportation on designated routes. This platform provides OEMs with the ability to customize automated bus configurations to meet the requirements of public transport operators.

www.adastec.com LinkedIn Ann Arbor, United States 51-100 employees
Artificial Intelligence (AI) Industrial Automation Software B2B
Total raised
$3.8M
Rounds
2
Latest
Undisclosed round
Jul 2025

ADASTEC has raised $3.8M across 2 funding rounds on record, the most recent an undisclosed round of $2.8M announced in Jul 2025.

That round is below the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

ADASTEC Company Profile and Key Stats

Total funding raised
$3.8M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$2.8M in Jul 2025
Employees
51-100
reported band
Headquarters
Ann Arbor, United States

Latest funding round on record: Jul 2025.

ADASTEC Funding Rounds

Date
Round
Amount
Undisclosed round
$2.8M
Undisclosed round
$1.0M

ADASTEC raised $1.0M in an undisclosed round announced in Mar 2024.

1.3 years later, an undisclosed round of $2.8M was announced in Jul 2025.

ADASTEC Founders and Leadership Team

Name
Role
Contact
Ali Peker
Founder
Locked

Contact details for the ADASTEC team: 1 of 1 has an email address on file.

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ADASTEC Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round

ADASTEC's latest round of $2.8M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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ADASTEC Funding FAQs

What does ADASTEC do?

ADASTEC offers the most cutting-edge Level-4 automation platform for full-sized buses and coaches on the market. The ADASTEC Open Automated Bus Platform, known as "flowride.ai," is specifically created for widespread use in public transportation on designated routes. This platform provides OEMs with the ability to customize automated bus configurations to meet the requirements of public transport operators.

How much funding has ADASTEC raised?

ADASTEC has raised $3.8M across 2 rounds on record. The most recent is an undisclosed round of $2.8M announced in Jul 2025.

When did ADASTEC last raise funding?

ADASTEC's most recent funding round on record is an undisclosed round of $2.8M, announced in Jul 2025.

Who founded ADASTEC?

FundedIQ lists Ali Peker (Founder) at ADASTEC.

Where is ADASTEC headquartered?

ADASTEC is based in Ann Arbor, Michigan, United States.

How many employees does ADASTEC have?

ADASTEC is in the 51-100 employee band.

How does ADASTEC's funding compare to other Artificial Intelligence startups?

ADASTEC's latest round of $2.8M is below the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.

About FundedIQ's ADASTEC Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for ADASTEC is left off this page rather than filled in.

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