StackAV

Develops autonomous systems for trucking industry

Pittsburgh, Pennsylvania, United States

About StackAV

StackAV develops and implements autonomous systems specifically for the trucking industry. Their products focus on improving safety, reliability, and efficiency in supply chain operations. These systems work by utilizing advanced robotics and technology to automate various aspects of trucking, which helps businesses streamline their operations and enhance delivery processes. Unlike other companies in the autonomous vehicle sector, StackAV tailors its solutions to meet the specific needs of trucking companies and logistics firms, ensuring that their technology directly addresses industry challenges. The goal of StackAV is to create a safer and more efficient transportation ecosystem that benefits both businesses and end users.

Pittsburgh, PennsylvaniaHeadquarters
2023Year Founded
$972.7MTotal Funding
SERIES_ACompany Stage
Robotics & Automation, Automotive & TransportationIndustries
201-500Employees

Risks

Competition from Waymo and Tesla challenges Stack AV's market position.
Regulatory hurdles could delay Stack AV's deployment plans across different states.
Reliance on SoftBank for funding poses financial risks if investor priorities change.

Differentiation

Stack AV integrates AI, robotics, and cloud tech for advanced autonomous trucking solutions.
The company focuses on safety, reliability, and efficiency in the trucking industry.
Stack AV's founders have a strong background from their previous venture, Argo AI.

Upsides

Stack AV secured $1 billion in funding from SoftBank, boosting its growth potential.
Joining AVIA enhances Stack AV's industry influence and collaboration opportunities.
The use of AI-driven predictive maintenance improves fleet reliability and reduces downtime.

Funding

Total raised$972.73 M
Latest valuation$5.00 B
StageSERIES_A
SERIES A
8/31/2023
$1.0 K
$5.00 B