Innoviz Technologies

LidarIsrael

New to Unitard

📉 Public < $1B

Peak $1.4 BillionToday

−95%

from peak

🦄
Became a unicorn
Apr 2021
📈
Peak valuation
$1.4 Billion ’21
💔
Became a Unitard
2022
💸
Last valuation
~$66.7M

Current status

Public (INVZ)

Live · INVZ· NasdaqCM

as of 2026-10-23

$0.224▼ 20.92% today

≈ $66.7 Million market cap · −95.2% from peak

The rise & fall

6 moments · 2016–2025

The key moments.

2016

Founded in Israel

Veterans of an elite IDF technology unit set out to build cheaper lidar for self-driving cars.

Wikipedia

Apr 2021

The peak: a $1.4B Nasdaq debut$1.4B

Innoviz lists via SPAC in April 2021, at the crest of the great lidar-SPAC wave.

Reuters

2022

The lidar trade unwinds

Automotive autonomy timelines slip and the whole sector sells off.

Bloomberg

2022

Slips out of the club

The shares fall with the sector, dropping the market cap below $1B.

stockanalysis.com

Sep 2025

Running at ~$0.3B

The lidar maker keeps shipping toward series-production programs while the market values it about 79% below the SPAC debut.

stockanalysis.com

Today

Still in the club — and still trading

Live · INVZ · NasdaqCMas of 2026-10-23

$0.224▼ 20.92% today≈ $66.7M cap · −95.2% from peak

How it happened

Innoviz Technologies is an Israeli lidar maker for autonomous vehicles that went public via SPAC in April 2021 at roughly a $1.4B valuation. As the lidar sector sold off and automotive autonomy timelines slipped, its shares declined sharply, dropping its market cap below $1B to around ~$0.3B, about 79% below peak.

Glassdoor reviews were largely positive, the main gripes being below-market pay and work-life balance in a demanding industry.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.

Source: stockanalysis.com Sept 2025

Founders

Omer Keilaf
co-founder & CEO
Still there — CEO and Co-FounderLinkedIn ↗
Oren Rosenzweig
co-founder
Now Co-Founder and CPO at CobaltLinkedIn ↗

Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.

Disclosed investors (24)

Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.

* Lead in a funding round · Crunchbase ↗ · 2026-10-13 · Methodology · Leaderboard