Waabi - About the company
Waabi is a series C company based in Toronto (Canada), founded in 2021 by Raquel Urtasun. It operates as a Developer of physical artificial intelligence platform for autonomous trucks and robotaxis. Waabi has raised $1.03B in funding from investors like Khosla Ventures, Uber and Volvo Group. The company has 38 active competitors, including 24 funded and 6 that have exited. Its top competitors include companies like Aurora, Einride and Gatik.
Sectors and market segments that Waabi operate in
Waabi serves in the Auto Tech, Native AI market segments.The primary business model of Waabi are:Company Details
Developer of physical artificial intelligence platform for autonomous trucks and robotaxis. The platform enables scalability across various form factors, geographies, and environments. It utilizes a shared artificial intelligence model for both autonomous trucks and robotaxis. The company focuses on delivering safer and more efficient autonomous transportation solutions. It employs neural simulation and end-to-end artificial intelligence to set new standards for safety.
- Website
- waabi.ai
- Email ID
- *****@waabi.ai
Key Metrics
Founded Year
2021
Location
Toronto, Canada
Stage
Series C
Total Funding
$1.03B in 4 rounds
Latest Funding Round
Investors
Ranked
7th among 38 active competitors
Employee Count
366 as on Sep 30, 2026
Legal entities associated with Waabi
Waabi is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Waabi Innovation Inc. CIN: 784319469 , Canada, Active | Jan 29, 2021 | - | - | - |
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Waabi's funding and investors
Waabi has raised a total funding of $1.03B over 4 rounds. Its first funding round was on Jun 08, 2021. Its latest funding round was a Series C round on Jan 28, 2026 for $750M. 16 investors participated in its latest round. Waabi has 24 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Waabi:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 28, 2026 | $750M | Series C | - | - | ||
Jun 18, 2024 | $200M | Series B | - | - | ||
Jan 18, 2023 | Undisclosed | Series A | - | - | - |
View details of Waabi's funding rounds and investors
Waabi's founders and board of directors
Founder? Claim ProfileThe founders of Waabi is Raquel Urtasun. Raquel Urtasun is the CEO of Waabi.
Here are the details of Waabi's key team members:
- Raquel Urtasun: Founder & CEO of Waabi. They are also an angel investor in 4 startups.Contact Info: 1 email address
Waabi's Board of Directors
Waabi's board has 3 active members. Balaji Krishnamurthy, Raquel Urtasun Sotil and Sven Strohband are independent board members.Here is the list of Waabi's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 11m | |
Independent board member | - | Current | 5y 6m | |
Independent board member | - | Current | 1y 11m |
View details of Waabi's Founder profiles and Board Members
Waabi's employee count trend
Waabi has 366 employees as of Sep 26. Here is Waabi's employee count trend over the years:
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Waabi's Competitors and alternates
Top competitors of Waabi include Aurora, Einride and Gatik. Here is the list of Top 10 competitors of Waabi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aurora 2017, Mountain View (United States), Public | Developer of self-driving technology for integration into freight operations | $693M | 77/100 | |
2nd | Provider of electric and autonomous freight transportation solutions | $865M | 74/100 | ||
3rd | Gatik 2017, United States, Series B | Operator of autonomous trucking solutions for middle-mile logistics operations | $152M | 69/100 | |
4th | TuSimple 2015, San Diego (United States), Public | AI-powered provider of self-driving solutions for trucks | $648M | 69/100 | |
5th | PlusAI 2016, Santa Clara (United States), Series C | Developer of autonomous driving technology for integration into factory-built trucks | $720M | 69/100 | |
6th | Kodiak Robotics 2018, Palo Alto (United States), Public | Developer of AI-powered ground autonomy solutions for trucking, defense, industrial | $165M | 65/100 | |
7th | Developer of physical artificial intelligence platform for autonomous trucks and robotaxis | $1.03B | 71/100 | ||
8th | Changsha Intelligent Driving Institute 2017, Changsha (China), Public | Provider of self-driving technology for commercial vehicles | $121M | 60/100 | |
9th | Inceptio Technology 2018, Fremont (United States), Series B | Developer of autonomous driving technology for heavy duty freight trucks | $678M | 58/100 | |
10th | Manufacturer of electric heavy trucks and related intelligent driving systems | $282M | 56/100 |
Looking for more details on Waabi's competitors? Click here to see the top ones
Waabi's Investments and acquisitions
Waabi has made no investments or acquisitions yet.
Reports related to Waabi
Here is the latest report on Waabi's sector:
News related to Waabi
Media has covered Waabi for a total of 10 events in the last 1 year, 4 of them have been about company updates and 3 about partnerships.
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Waabi Partners with Warrior Logistics for Dallas-Houston Freight OperationsFreightWaves•Oct 15, 2026•Waabi, Warrior Logistics
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Volvo and Waabi Launch Customer Operations in Texas with WarpPR Newswire•Oct 05, 2026•Waabi, Volvo Trucks
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Raquel Urtasun wants Canada to go “all in” on physical AIBetaKit•May 28, 2026•Waabi, Uber, Nvidia, Volvo
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Tech Firms Raise $1.5 Billion in Q1 2026, Down 8% Year Over YearCrowdfund Insider•Apr 28, 2026•CoolIT Systems, Waabi
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Robot Trucker Waabi Enters Robotaxi Arena With Billion Dollar FundingBitcoin Ethereum News•Jan 28, 2026•Waabi, G2 Venture Partners, Khosla Ventures, Uber and 19 others
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Waabi introduces mixed reality testing system for autonomous truck safetyFreightWaves•Aug 07, 2025•Waabi
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Waabi and Volvo Autonomous Solutions Partner to Develop and Deploy Autonomous TrucksElectric Cars Report•Feb 16, 2025•Volvo, Waabi
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