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PLUS
Plus
Autonomous trucking · Santa Clara, California · United States · Founded · 2016 · ≈ · 451 · employees

Plus Valuation: $1.2B After the Jun 2025 Announced SPAC merger

IPO filed

Plus was last valued at $1.2B (post-money). It comes from the $300M Announced SPAC merger of Jun 2025. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Plus valuation · at a glance
Last valuation
$1.2B
POST-MONEY · JUN 2025
Investors
2
on the cap table
Raised across rounds
$720M
3 rounds
Date of last round
Jun 2025
closed 1 Jun 2025
Valuation history

How the Plus valuation has moved

1 valuation. The latest, $1.2B post-money, was set by the Announced SPAC merger in Jun 2025.

Latest valuation
$1.2Bpost-money
Set by the Announced SPAC merger · 1 Jun 2025
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Announced SPAC merger · $300M raised
Funding rounds

Plus rounds and the valuation each one set

3 rounds
Round
Date
Amount
Valuation
Basis
Announced SPAC merger LATEST
1 Jun 2025
$300M
$1.2B
POST-MONEY
2021 round extension
1 Mar 2021
$220M
—
—
2021 round
1 Feb 2021
$200M
—
—
Lead investors
No lead investor is named. Investors on the cap table: Full Truck Alliance, Amazon.com.
Full funding history — Plus profile ›
What the valuation means

What the $1.2B actually measures

A private valuation is the price agreed in one transaction. The Plus valuation of $1.2B is a post-money figure from the Announced SPAC merger dated 1 Jun 2025 — the whole company measured after the $300M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $900M .

The valuation holds until the next priced round or secondary sale. A private company founded in 2016 with roughly 451 people has no daily price and no order book between rounds.

Where the $1.2B comes from
EventAnnounced SPAC merger, dated 1 Jun 2025
Basispost-money
Round size$300M

Frequently asked questions

How can I get exposure to Plus?›

The routes section explains what is realistically available for a company at this stage.

Is Plus publicly traded?›

No. Plus is a private company; its shares do not trade on a public exchange.

What is Plus's valuation?›

The last valuation is $1.2B.

Who has invested in Plus?›

Lead investors for each round are in the funding timeline.

Who are Plus's competitors?›

The closest autonomous trucking peers are on the competitors page.

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