About Waabi
Waabi is a company based in Toronto (Canada) founded in 2021 by Raquel Urtasun.. Waabi has raised $1.03 billion across 4 funding rounds from investors including Uber, Aurora and Nvidia. Waabi offers products and services including Waabi Driver and Waabi World. Waabi operates in a competitive market with competitors including PlusAI, TuSimple, Gatik, Einride and Kodiak Robotics, among others.
- Headquarter Toronto, Canada
- Founders Raquel Urtasun
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.03 B (USD)
in 4 rounds
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Latest Funding Round
$750 M (USD), Series C
Jan 28, 2026
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Investors
Uber
& 22 more
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Employee Count
Employee Count
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Products & Services of Waabi
Waabi offers a comprehensive portfolio of products and services, including Waabi Driver and Waabi World. 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.
AI platform for safe self-driving trucks in logistics operations
Advanced simulator for testing autonomous vehicle scenarios
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Funding Insights of Waabi
Waabi has successfully raised a total of $1.03B across 4 strategic funding rounds. The most recent funding activity was a Series C round of $750 million completed in January 2026. 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 4
- Last Round Series C — $750.0M
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First Round
First Round
(08 Jun 2021)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Series C - Waabi | Valuation | Khosla Ventures , G2VP | |
| Jun, 2024 | Amount | Series B - Waabi | Valuation | Uber , Khosla Ventures | |
| Jan, 2023 | Amount | Series A - Waabi | Valuation | Volvo Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Waabi
Waabi has secured backing from 23 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Uber, Aurora and Nvidia. 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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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Private market investment solutions are offered to institutional clients.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech companies
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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 Waabi
| 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 |
Financial Statements - Waabi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Waabi Comparisons
Competitors of Waabi
Waabi 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 PlusAI, TuSimple, Gatik, Einride and Kodiak Robotics, 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 technology for commercial trucks is developed by PlusAI.
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| domain | founded_year | HQ Location |
Self-driving truck solutions are developed using AI technology.
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| domain | founded_year | HQ Location |
AI-enabled platform offering self-driving delivery trucks and delivery management system
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| domain | founded_year | HQ Location |
Autonomous electric trucks are manufactured for freight and emissions management.
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| domain | founded_year | HQ Location |
Autonomous trucks are developed for long-haul freight transport.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Waabi
Frequently Asked Questions about Waabi
When was Waabi founded?
Waabi was founded in 2021.
Where is Waabi located?
Waabi is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Waabi?
Raquel Urtasun is the current CEO of Waabi. They have also founded this company.
Is Waabi a funded company?
Waabi is a funded company, having raised a total of $1.03B across 4 funding rounds to date.
What does Waabi do?
Waabi was founded in 2021 in Toronto, Canada, and operates in the autonomous vehicle sector. Proprietary software is developed to automate driving on commercial delivery routes. Solutions provided include simulations, self-driving capabilities, and imaging technologies. Focus is placed on enhancing efficiency for truck operations in logistics and transportation.
What products or services does Waabi offer?
Waabi offers Waabi Driver and Waabi World.
Who are Waabi's investors?
Waabi has 23 investors. Key investors include Uber, Aurora, Nvidia, Volvo Group, and HarbourVest Partners.