Serve Robotics

IPO

A low-emissions solution to the last-mile problem

Public · San Carlos, United States · Founded 2017 · $30.0M raised

Headquarters
San Carlos
Founded
2017
Total Funding
$30.0M
Last Round
$30.0M Venture RoundAug 2023
Rounds
1
Type
Public

About

Serve Robotics builds autonomous sidewalk delivery robots for sustainable last-mile logistics in urban environments. Originally founded in 2017 as the robotics division of Postmates, the company spun out as an independent company in 2021 after Postmates was acquired by Uber. Serve's Level 4 autonomous robots operate seamlessly alongside pedestrian traffic to deliver food and packages for restaurant and retail partners. The company has a commercial contract with Uber Eats to deploy up to 2,000 robots across U.S. markets, has expanded to five major metros including Los Angeles, Miami, Dallas, Atlanta, and Chicago, and operates a fleet of 400+ robots having completed over 100,000 deliveries. Serve is publicly traded on OTCQB under the ticker SBOT.

Summary

Serve Robotics is an E-Commerce company based in San Carlos, United States, founded in 2017. It has raised $30.0M in total across 1 round, most recently a $30.0M Venture Round round in Aug 2023.

Tech & App Stack

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Funding History

Venture RoundFunding RoundAug 2023
$30.0M

Acquisitions

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