About Serve Robotics
Serve Robotics is a company based in United States founded in 2021.. Serve Robotics has raised $56 million across 7 funding rounds from investors including Uber, Nvidia and Vebu. The company has 121 employees as of December 31, 2024. Serve Robotics has completed 2 acquisitions, including Vayurobotics and Vebu. Serve Robotics offers products and services including Self-Driving Delivery Robots and Delivery Services. Serve Robotics operates in a competitive market with competitors including Nuro, Einride, Changsha Xingshen Intelligent Technology and driveblocks, among others.
- Headquarter United States
- Employees 121 as on 31 Dec, 2024
- Stage Public
-
Sectors
Transportation, Automotive & LogisticsConsumer Industrial Goods & Manufacturing
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Serve Robotics Inc.
-
Annual Revenue
$1.81 M773.3as on Dec 31, 2024
-
Net Profit
$-39.19 M-57.94as on Dec 31, 2024
-
EBITDA
$-37.98 M-118.34as on Dec 31, 2024
-
Total Equity Funding
$56 M (USD)
in 7 rounds
-
Latest Funding Round
$86 M (USD), Post-IPO
Jan 06, 2025
-
Investors
Uber
& 14 more
-
Employee Count
121
as on Dec 31, 2024
-
Investments & Acquisitions
Vayurobotics
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Serve Robotics
Serve Robotics is a publicly listed company on the NASDAQ with ticker symbol SERV in USA, operating in the Producer manufacturing 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 Serve Robotics
Serve Robotics offers a comprehensive portfolio of products and services, including Self-Driving Delivery Robots and Delivery Services. 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.
Autonomous robots for efficient food and parcel delivery services
Platform enabling partnerships for sustainable urban deliveries
Unlock access to complete
Funding Insights of Serve Robotics
Serve Robotics has successfully raised a total of $56M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $86 million completed in January 2025. 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 7
- Last Round Post-IPO — $86.0M
- First Round First Round
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Post-IPO - Serve Robotics | Valuation |
investors |
|
| Jul, 2024 | Amount | Post-IPO - Serve Robotics | Valuation |
investors |
|
| Aug, 2023 | Amount | Series A - Serve Robotics | Valuation | Uber , Wavemaker Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Serve Robotics
Serve Robotics has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Uber, Nvidia and Vebu. 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 |
|---|---|---|---|---|
|
Investments in early-stage technology companies are made by Wavemaker Partners.
|
Founded Year | Domain | Location | |
|
Innovative retail solutions are developed by 7-Ventures for convenience.
|
Founded Year | Domain | Location | |
|
Technology startups are accelerated and incubated sector-agnostically by Neo.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Serve Robotics
Serve Robotics has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Vayurobotics and Vebu. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Automotive sensing, autonomous vehicles, and robotics technologies are developed.
|
2022 | ||||
|
Robotic food automation solutions are developed and constructed.
|
2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Serve Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Serve Robotics Comparisons
Competitors of Serve Robotics
Serve Robotics 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 Nuro, Einride, Changsha Xingshen Intelligent Technology and driveblocks, 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 |
AI-enabled autonomous vehicles are developed for local goods deliveries.
|
|
| domain | founded_year | HQ Location |
Autonomous electric trucks are manufactured for freight and emissions management.
|
|
| domain | founded_year | HQ Location |
AI-enabled intelligent delivery robots are provided for logistics applications.
|
|
| domain | founded_year | HQ Location |
Provider of AI-based autonomous delivery solutions for logistics
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Serve Robotics
Frequently Asked Questions about Serve Robotics
When was Serve Robotics founded?
Serve Robotics was founded in 2021.
Where is Serve Robotics located?
Serve Robotics is headquartered in United States.
Is Serve Robotics a funded company?
Serve Robotics is a funded company, having raised a total of $56M across 7 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Mar 02, 2021.
How many employees does Serve Robotics have?
As of Dec 31, 2024, the latest employee count at Serve Robotics is 121.
What is the annual revenue of Serve Robotics?
Annual revenue of Serve Robotics is $1.81M as on Dec 31, 2024.
What does Serve Robotics do?
Serve Robotics was founded in 2021 in the United States within the robotics sector. Zero-emission autonomous robots are created and managed by the company to handle deliveries of food, parcels, and groceries across public areas. Navigation is achieved through self-positioning technology that adjusts based on delivery locations, enabling efficient operations in urban environments.
Who are the top competitors of Serve Robotics?
Serve Robotics's top competitors include Nuro, Einride and Changsha Xingshen Intelligent Technology.
What products or services does Serve Robotics offer?
Serve Robotics offers Self-Driving Delivery Robots and Delivery Services.
Is Serve Robotics publicly traded?
Yes, Serve Robotics is publicly traded on NASDAQ under the ticker symbol SERV.
How many acquisitions has Serve Robotics made?
Serve Robotics has made 2 acquisitions, including Vayurobotics, and Vebu.
Who are Serve Robotics's investors?
Serve Robotics has 15 investors. Key investors include Uber, Nvidia, Vebu, Wavemaker Partners, and Neo.
What is Serve Robotics's ticker symbol?
The ticker symbol of Serve Robotics is SERV on NASDAQ.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.