About Nuro
Nuro creates autonomous delivery vehicles that transport goods without any occupants. These vehicles are designed to operate safely and efficiently, allowing businesses like retailers, grocery stores, and restaurants to streamline their delivery services. By partnering with these businesses, Nuro helps reduce delivery costs and improve convenience for customers. Unlike other companies in the autonomous vehicle sector, Nuro focuses solely on goods delivery, optimizing their vehicles for this purpose, which enhances safety and reduces emissions. Their goal is to provide a sustainable and efficient delivery solution that meets the growing demand for fast and reliable logistics.
Mountain View, CaliforniaHeadquarters
2016Year Founded
$2,074MTotal Funding
SERIES_DCompany Stage
Robotics & Automation, Automotive & Transportation, EnergyIndustries
501-1,000Employees
Benefits
Performance Bonus
Company Equity
Risks
Increased competition from Waymo, Cruise, and Tesla could impact Nuro's market share.
Regulatory challenges in California and Texas may affect Nuro's operational expansion.
Reliance on OEM partnerships poses risks if expected advancements or market penetration aren't achieved.
Differentiation
Nuro focuses exclusively on goods delivery, not passenger transport, optimizing safety and efficiency.
Their zero-emission vehicles align with global sustainability efforts, reducing environmental impact.
Nuro's autonomous delivery vehicles are designed for last-mile logistics, enhancing local commerce.
Upsides
Nuro's partnership with Arm enhances their technological capabilities and market reach.
Expansion of Level 4 autonomous deliveries in California and Texas shows growing operational capabilities.
Contract with Uber Eats highlights Nuro's ability to secure significant food delivery partnerships.
Funding
Total raised$2.07 B
Latest valuation$8.60 B
StageSERIES_D
SERIES D
10/31/2021$600
$8.60 B$500
$5.00 BSERIES B
1/31/2019$940
$2.70 BSERIES A
12/31/2017$92
$460.00 M