Argo AI - About the company
Argo AI is a deadpooled company based in Pittsburgh (United States), founded in 2016 by Bryan Salesky. It operates as a Provider of AI-enabled solutions for autonomous driving. Argo AI has raised $3.7B in funding from Ford and Volkswagen Group, with last known valuation of $7.5B. The company has 183 active competitors, including 53 funded and 27 that have exited. Its top competitors include companies like Mobileye, Cruise and Innoviz.
Sectors and market segments that Argo AI operate in
Argo AI serves in the Auto Tech market segments.The primary business model of Argo AI is:Company Details
Provider of AI-enabled solutions for autonomous driving. It develops software, hardware, mapping, and cloud-supported infra for autonomous driving. It integrates its technology with vehicles for the development of autonomous ride-sharing and delivery vehicles. It claims to develop LiDAR for autonomous vehicles.
- Website
- argo.ai
- Email ID
- *****@argo.ai
- Phone Number
- +1 **********
- Registered Address
- Pittsburgh, Pennsylvania
Key Metrics
Founded Year
2016
Location
Pittsburgh, United States
Stage
Deadpooled
Total Funding
$3.7B in 3 rounds
Latest Funding Round
Last Known Valuation
$7.5B as on Jul 21, 2021
Ranked
36th among 183 active competitors
Employee Count
211 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with Argo AI
Argo AI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Argo Ai, Llc CIN: 814509755 , United States, Active | Dec 31, 1999 | - | 852 (As on Dec 31, 2022) | - |
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Argo AI's funding and investors
Argo AI has raised a total funding of $3.7B over 3 rounds. Its first funding round was on Feb 10, 2017. Its latest funding round was a Series E round on Jul 21, 2021 for $97.3M. 1 investor participated in its latest round. Argo AI has 4 institutional investors.
Here is the list of recent funding rounds of Argo AI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 21, 2021 | $97.3M | Series E | $7.5B | - | - | |
Jul 12, 2019 | $2.6B | Series E | $7.25B | - | - | |
Feb 10, 2017 | $1B | Series D | - | - | - |
View details of Argo AI's funding rounds and investors
Argo AI's founders and board of directors
Founder? Claim ProfileThe founders of Argo AI is Bryan Salesky.
Here are the details of Argo AI's key team members:
- Bryan Salesky: Former Co-Founder & CEO of Argo AI and founder of 1 other company.
View details of Argo AI's Founder profiles and Board Members
Argo AI's employee count trend
Argo AI has 211 employees as of Apr 26. Here is Argo AI's employee count trend over the years:
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Argo AI's Competitors and alternates
Top competitors of Argo AI include Mobileye, Cruise and Innoviz. Here is the list of Top 10 competitors of Argo AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of automated driving systems and vehicle safety sensor technology | $530M | 79/100 | ||
2nd | Cruise 2013, San Francisco (United States), Acquired | Platform offering solutions for autonomous car | $7.72B | 74/100 | |
3rd | Developer of LiDAR sensors and perception software for autonomous vehicles | $252M | 74/100 | ||
4th | Pony.ai 2016, Fremont (United States), Public | The company specializes in developing autonomous driving technology for robotaxis, robotrucks, and POVs | $1.19B | 73/100 | |
5th | Nuro 2016, Mountain View (United States), Series E | Developer of autonomous driving technology for automakers and mobility providers | $2.34B | 72/100 | |
6th | Developer of autonomous driving solutions for enhanced safety and urban mobility | $1.42B | 68/100 | ||
7th | Tier4 Robotics 2015, Tokyo (Japan), Series B | Autonomous driving platforms and intelligent vehicle systems | $279M | 68/100 | |
8th | Wayve 2017, London (United Kingdom), Series D | Platform offering AI-enabled software for autonomous driving | $2.61B | 67/100 | |
9th | WeRide 2017, San Jose (United States), Public | AI-driven autonomous vehicle technologies | $1.09B | 67/100 | |
10th | 42dot Technologies 2019, South Korea, Acquired | Developer of software-defined vehicle technology and autonomous mobility solutions | $130M | 66/100 | |
36th | Argo AI 2016, Pittsburgh (United States), Deadpooled | Provider of AI-enabled solutions for autonomous driving | $3.7B | 49/100 |
Looking for more details on Argo AI's competitors? Click here to see the top ones
Argo AI's Investments and acquisitions
Argo AI has acquired Princeton Lightwave. Argo AI has not made any investments as of now.Reports related to Argo AI
Here is the latest report on Argo AI's geography:
News related to Argo AI
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Naver's logistics expansion to boost parcel delivery marketmk.co.kr•Mar 04, 2025•NAVER CORP, Coupang, CJ Logistics, Hanjin Kal and 3 others
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TSX Venture Exchange Stock Maintenance BulletinsCNW•Feb 02, 2025•Earth Alive Clean Technologies, Argo AI, CyberCatch, Earthworks and 4 others
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Founders of shuttered Argo AI launch autonomous trucking startupFreightWaves•Sep 08, 2023•SoftBank, Argo AI
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Ford withdraws petition seeking U.S. approval to deploy self-driving vehiclesworldfin.news•Mar 31, 2023•Ford, Argo AI
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Argo AI team joins Ford’s new self-driving startup Latitude AIThe Robot Report•Mar 03, 2023•Ford, Argo AI
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Ford launches automated driving subsidiary Latitude AI months after shutting down self-driving startup ArgoTechStartups.com•Mar 03, 2023•Ford, Argo AI, Latitude
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The Law Offices of Vincent Wong Remind Argo Investors of a Lead Plaintiff Deadline of December 20, 2022The Wall Street Journal•Dec 12, 2022•Vincent W. Davis & Associates, Argo AI
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