About Aurora
Aurora is a company based in Mountain View (United States) founded in 2017 by Drew Bagnell, Chris Urmson, and Sterling Anderson. It operates as a Product-as-a-Service, and B2B2C. Aurora has raised $692.62 million across 6 funding rounds from investors including Uber, Amazon and Kia. The company has 1,800 employees as of December 31, 2024. Aurora has completed 3 acquisitions, including 7D L abs, Blackmore Sensors and Analytics and Ours Tech. Aurora offers products and services including Aurora Driver. Aurora operates in a competitive market with competitors including Waymo, Cruise, Ridecell, Argo AI and Momenta, among others.
- Headquarter Mountain View, United States
- Employees 1800 as on 31 Dec, 2024
- Founders Drew Bagnell, Chris Urmson, Sterling Anderson
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Aurora Innovation, Inc.
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Annual Revenue
$00as on Dec 31, 2024
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Net Profit
$-748 M6.03as on Dec 31, 2024
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EBITDA
$-737 M6.35as on Dec 31, 2024
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Total Equity Funding
$692.62 M (USD)
in 6 rounds
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Latest Funding Round
$600 M (USD), Post-IPO
Jul 28, 2023
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Investors
Uber
& 12 more
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Employee Count
1800
as on Dec 31, 2024
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Investments & Acquisitions
7D L abs
& 2 more
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IPO & Listings of Aurora
Aurora is a publicly listed company on the NASDAQ with ticker symbol AUR in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Aurora
Aurora offers a comprehensive portfolio of products and services, including Aurora Driver. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Self-driving system designed for freight transport safety.
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Funding Insights of Aurora
Aurora has successfully raised a total of $692.62M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $600 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $600.0M
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First Round
First Round
(08 Mar 2017)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Post-IPO - Aurora | Valuation |
investors |
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| Sep, 2019 | Amount | Series B - Aurora | Valuation | Amazon | |
| Jun, 2019 | Amount | Series B - Aurora | Valuation | Hyundai Motor Company |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aurora
Aurora has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Uber, Amazon and Kia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Shell
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Founded Year | Domain | Location | |
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Venture capital firm specializing in early-stage tech investments and founder support.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aurora
Aurora has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 7D L abs, Blackmore Sensors and Analytics and Ours Tech. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-based SoCs are developed for autonomous driving and robotics.
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2017 | ||||
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An AI-based video surveillance analytics platform is provided for users.
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2016 | ||||
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Developer of LiDAR sensors for autonomous driving
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Aurora
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aurora Comparisons
Competitors of Aurora
Aurora operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Waymo, Cruise, Ridecell, Argo AI and Momenta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Self-driving vehicle solutions are developed and deployed for transportation.
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| domain | founded_year | HQ Location |
SaaS-enabled hardware and software for autonomous vehicles are developed.
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| domain | founded_year | HQ Location |
Cloud-enabled platforms for shared mobility and fleet management are provided.
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| domain | founded_year | HQ Location |
AI solutions for autonomous driving software and hardware are developed.
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| domain | founded_year | HQ Location |
Autonomous driving software based on deep learning is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aurora
Frequently Asked Questions about Aurora
When was Aurora founded?
Aurora was founded in 2017.
Where is Aurora located?
Aurora is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of Aurora?
Chris Urmson is the current CEO of Aurora. They have also founded this company.
Is Aurora a funded company?
Aurora is a funded company, having raised a total of $692.62M across 6 funding rounds to date.
How many employees does Aurora have?
As of Dec 31, 2024, the latest employee count at Aurora is 1,800.
What does Aurora do?
Aurora is engaged in developing self-driving freight technology through the Aurora Driver system. The technology is designed to enhance road safety and supply chain efficiency by integrating autonomous capabilities into existing freight operations. Solutions are built with advanced hardware and software, supported by Verifiable AI, and are currently operational in Texas, hauling customer loads. Partnerships with major OEMs like Volvo and PACCAR, as well as strategic collaborators like Continental and NVIDIA, are utilized to scale operations. The sector primarily served is logistics and transportation, addressing the growing demand for autonomous transport solutions.
What products or services does Aurora offer?
Aurora offers Aurora Driver.
Is Aurora publicly traded?
Yes, Aurora is publicly traded on NASDAQ under the ticker symbol AUR.
How many acquisitions has Aurora made?
Aurora has made 3 acquisitions, including 7D L abs, Blackmore Sensors and Analytics, and Ours Tech.
Who are Aurora's investors?
Aurora has 13 investors. Key investors include Uber, Amazon, Kia, Shell, and Hyundai Motor Company.
What is Aurora's ticker symbol?
The ticker symbol of Aurora is AUR on NASDAQ.
What is Aurora's valuation?
The valuation of Aurora is $2B as of Sep 2019.
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