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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
Investors
Ranked
Employee Count
211 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
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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
-
-
-
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Argo AI's founders and board of directors

Founder? Claim Profile
The founders of Argo AI is Bryan Salesky.
Here are the details of Argo AI's key team 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:
Employee count trend for Argo AI
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mobileye
Mobileye
1999, Jerusalem (Israel), Public
Developer of automated driving systems and vehicle safety sensor technology
$530M
79/100
2nd
Logo for Cruise
Cruise
2013, San Francisco (United States), Acquired
Platform offering solutions for autonomous car
$7.72B
74/100
3rd
Logo for Innoviz
Innoviz
2016, Rosh Haayin (Israel), Public
Developer of LiDAR sensors and perception software for autonomous vehicles
$252M
74/100
4th
Logo for Pony.ai
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
Logo for Nuro
Nuro
2016, Mountain View (United States), Series E
Developer of autonomous driving technology for automakers and mobility providers
$2.34B
72/100
6th
Logo for Momenta
Momenta
2016, Beijing (China), Public
Developer of autonomous driving solutions for enhanced safety and urban mobility
$1.42B
68/100
7th
Logo for Tier4 Robotics
Tier4 Robotics
2015, Tokyo (Japan), Series B
Autonomous driving platforms and intelligent vehicle systems
$279M
68/100
8th
Logo for Wayve
Wayve
2017, London (United Kingdom), Series D
Platform offering AI-enabled software for autonomous driving
$2.61B
67/100
9th
Logo for WeRide
WeRide
2017, San Jose (United States), Public
AI-driven autonomous vehicle technologies
$1.09B
67/100
10th
Developer of software-defined vehicle technology and autonomous mobility solutions
$130M
66/100
36th
Logo for Argo AI
Argo AI
2016, Pittsburgh (United States), Deadpooled
Provider of AI-enabled solutions for autonomous driving
$3.7B
49/100
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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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Argo Launches in the U.SPR NewswireFeb 05, 2025Argo AI
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FAQs about Argo AI

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