WeRide

Guangzhou, China Founded: 2017 • Age: 9 yrs
AI-powered self-driving technology is developed for autonomous vehicles.
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About WeRide

WeRide is a company based in Guangzhou (China) founded in 2017 by Qing Lu and Tony Han.. WeRide has raised $1.09 billion across 11 funding rounds from investors including Grab, Nvidia and SenseTime. The company has 3,090 employees as of December 31, 2024. WeRide has completed 1 acquisition, including Muyue Technology. WeRide operates in a competitive market with competitors including Aurora, Cruise, Waymo, Ridecell and Momenta, among others.

  • Headquarter Guangzhou, China
  • Employees 3090 as on 31 Dec, 2024
  • Founders Qing Lu, Tony Han
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Weride Inc. Sponsored Adr
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
    $50.18 M
    -11.53
    as on Dec 31, 2024
  • Net Profit
    $-349.71 M
    -25.02
    as on Dec 31, 2024
  • EBITDA
    $-291.87 M
    -38.57
    as on Dec 31, 2024
  • Total Equity Funding
    $1.09 B (USD)

    in 11 rounds

  • Latest Funding Round
  • Investors
    Grab

    & 26 more

  • Employee Count
    3090

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of WeRide

WeRide is a publicly listed company on the NASDAQ with ticker symbol WRD in USA, operating in the Consumer durables 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.

Exchange: NASDAQ · Ticker: WRD . Sector: Consumer durables · USA
People of WeRide
Headcount 500-1000
Employee Profiles 52
Employee Profiles
People
Xihui Wu
Software Engineer
People
Zhiyuan Zuo
Software Engineer
People
Jing Jia
Software Engineer
People
Tony Han
CEO & Co-Founder

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Funding Insights of WeRide

WeRide has successfully raised a total of $1.09B across 11 strategic funding rounds. 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 Rounds 11
  • Last Round
  • First Round

    (28 Sep 2017)

  • Investors Count 27
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2025 Amount Post-IPO - WeRide Valuation

investors

Mar, 2022 Amount Series D - WeRide Valuation GAC , Bosch
Dec, 2021 Amount Series C - WeRide Valuation GAC MOTOR
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 WeRide

WeRide has secured backing from 27 investors, including institutional and venture fund investors. Prominent investors backing the company include Grab, Nvidia and SenseTime. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
Venture capital firm
Founded Year Domain Location
Investments are made by K3 Ventures in early-stage technology startups.
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 WeRide

WeRide has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Muyue Technology. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Driver-less technology applications are developed and deployed globally.
2018
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 - WeRide

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Weride Comparisons

Employees
+
Add Comparison
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Competitors of WeRide

WeRide 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 Aurora, Cruise, Waymo, Ridecell 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
AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
domain founded_year HQ Location
SaaS-enabled hardware and software for autonomous vehicles are developed.
domain founded_year HQ Location
Self-driving vehicle solutions are developed and deployed for transportation.
domain founded_year HQ Location
Cloud-enabled platforms for shared mobility and fleet management are provided.
domain founded_year HQ Location
Autonomous driving software based on deep learning is developed.
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 Weride

Frequently Asked Questions about WeRide

When was WeRide founded?

WeRide was founded in 2017.

Where is WeRide located?

WeRide is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.

Who is the current CEO of WeRide?

Tony Han is the current CEO of WeRide. They have also founded this company.

Is WeRide a funded company?

WeRide is a funded company, having raised a total of $1.09B across 11 funding rounds to date.

How many employees does WeRide have?

As of Dec 31, 2024, the latest employee count at WeRide is 3,090.

What is the annual revenue of WeRide?

Annual revenue of WeRide is $50.18M as on Dec 31, 2024.

What does WeRide do?

WeRide was founded in 2017 in Guangzhou, China, focusing on the autonomous vehicles sector. Hardware and software solutions are provided for self-driving cars, including real-time localization, mapping, sensor-fused perception, AI-based planning, and simulation testing. Mobility services such as robo-taxi operations are integrated with OEM platforms and service providers to support urban transportation needs.

Who are the top competitors of WeRide?

WeRide's top competitors include Aurora, Cruise and Waymo.

Is WeRide publicly traded?

Yes, WeRide is publicly traded on NASDAQ under the ticker symbol WRD.

How many acquisitions has WeRide made?

WeRide has made 1 acquisition, including Muyue Technology.

Who are WeRide's investors?

WeRide has 27 investors. Key investors include Grab, Nvidia, SenseTime, Bosch, and The Carlyle Group.

What is WeRide's ticker symbol?

The ticker symbol of WeRide is WRD on NASDAQ.

What is WeRide's valuation?

The valuation of WeRide is $3B as of May 2021.

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