Hypermile
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Hypermile Company Information
Hypermile, initially named Creation Labs, is headquartered in London, England, and operates within the B2B sector, specifically in engineering, product, and design. Founded in May 2020, the company has grown to a team of 11 members. Hypermile’s flagship product, the Hypermile Co-Pilot, is an AI-powered cruise control system designed for commercial vehicles, which can be retrofitted into existing fleets. This system utilizes advanced AI algorithms to anticipate changes in traffic flow, adjust speed based on road gradients, and maximize vehicle coasting, thereby reducing diesel consumption by 11% and increasing the range of battery-electric vehicles by 15%.
The technology also includes safety features such as forward collision warnings, lane departure warnings, and bridge strike & speeding warnings, alongside maintenance benefits like minimizing aggressive driving and extending tyre lifespan. Hypermile offers a comprehensive fleet management platform that enables logistics operators to monitor fuel economy, review incident videos, and set performance targets for vehicles. The company leases camera-based hardware to logistics fleets under a hardware-as-a-service model and licenses its software to vehicle manufacturers and Tier-1 suppliers. Additionally, Hypermile provides Lane Keep Assist and Automated Lane Keeping software to OEMs and suppliers. The company has received backing from prominent Silicon Valley investors, including Y Combinator and Greg Brockman of OpenAI, and has secured R&D grants from Innovate UK, the Department for Transport, and Horizons 2020. Hypermile’s long-term vision includes developing a Level-3 autonomous trucking solution to further revolutionize the logistics industry.