About Outrider
Outrider focuses on automating yard operations for logistics hubs. Its main service is to convert manual yard tasks into automated processes, which enhances efficiency, reduces turn time, optimizes space utilization, and improves asset tracking. The company offers an integrated system that replaces traditional diesel yard trucks with electric ones, aiming to lower the carbon footprint of logistics operations. Outrider's clients are logistics hubs that benefit from increased safety and efficiency through automation. The company generates revenue by selling its automation systems and providing ongoing support and maintenance. The goal is to be a technology partner for logistics hubs, promoting sustainability and operational improvements.
Golden, ColoradoHeadquarters
2017Year Founded
$297.7MTotal Funding
SERIES_DCompany Stage
Robotics & Automation, Industrial & Manufacturing, EnergyIndustries
201-500Employees
Risks
Competition from well-funded companies like Waymo threatens Outrider's market share.
Uber's investment in Pony.ai could introduce a new competitor in yard operations.
Pressure to innovate due to rapid B2B automation adoption may challenge Outrider's adaptability.
Differentiation
Outrider automates logistics hubs with electric, self-driving trucks, enhancing safety and efficiency.
The company replaces CO2-emitting diesel trucks with electric ones, promoting sustainability.
Outrider's AI-driven perception technology anticipates and interacts with diverse yard actors.
Upsides
Increased demand for autonomous solutions due to labor shortages boosts Outrider's market potential.
Significant investments in robotics indicate strong market interest and funding opportunities.
Outrider's solutions address critical supply chain bottlenecks, enhancing logistics efficiency.
Funding
Total raised$297.65 M
Latest valuation$310.00 M
StageSERIES_D
$65
$325.00 MSERIES A
1/31/2020$45
$224.50 MSEED
6/30/2018$8
$40.50 M