When was Waabi founded?

Waabi was founded in 2021 and became a unicorn in 2026.

Where is Waabi located?

Waabi is headquartered in Toronto, Canada.

Who is the current CEO of Waabi?

Raquel Urtasun of Waabi. They have also founded 1 company and are angel investors in 4 startups, including .

How many employees does Waabi have?

As of Apr 30, 2026, the latest employee count at Waabi is 301.

Is Waabi a funded company?

Waabi is a funded company, having raised a total of $1.03B across 4 funding rounds to date. The company's 1st funding round was a $83.5M Series A round, raised on Jun 08, 2021.

When was the latest funding round of Waabi?

Waabi's latest funding was a $750M Series C round on Jan 28, 2026, with participation from 16 investors.

Is Waabi a Autonomous Vehicles company?

The primary sectors of Waabi are Autonomous Vehicles and Artificial Intelligence.

Where does Waabi rank among its competitors?

Waabi ranks 9th amongst 36 active competitors, of which 24 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Waabi, which secured $750M in Jan, 2026.

Who are the top competitors of Waabi?

Waabi's top competitors include Aurora, Pony.ai and PlusAI. Among them, Waabi secured the most recent funding round in January, 2026.

Waabi - 2026 Company Profile, Team, Funding & Competitors

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 36 active competitors, including 24 funded and 6 that have exited. Its top competitors include companies like Aurora, Pony.ai and PlusAI.

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
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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

Series C, Jan 28, 2026, $750M

Investors

Khosla Ventures & 27 more

Ranked

9^th among 36 active competitors

Employee Count

301 as on Apr 30, 2026

Similar Companies

Aurora & 384 more

View Waabi's full profile

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	-	-	-

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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 28, 2026	$750M	Series C	-	-	Khosla Ventures, G2 Venture Partners	Uber, NVentures, Volvo Group, Porsche Se, BlackRock, BDC, Radical Ventures, HarbourVest Partners, Linse Capital, Incharge Capital Partners, Export Development Canada, TELUS Ventures, BMO Global Asset Management, Sabanc Climate Tech
Jun 18, 2024	$200M	Series B	-	-	Uber, Khosla Ventures	Nvidia, Volvo Group, Porsche Se, Scania, Ingka, HarbourVest Partners, G2 Venture Partners, Export Development Canada, Radical Ventures, BDC, Incharge Capital Partners
Jan 18, 2023	Undisclosed	Series A	-	-	Volvo Group	-

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View details of Waabi's funding rounds and investors

The 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, Sven Strohband and Raquel Urtasun Sotil are independent board members.

Here is the list of Waabi's board of directors:

Name	Type	Representing	Status	Duration
Balaji Krishnamurthy	Independent board member	-	Current	1y 4m
Sven Strohband	Independent board member	-	Current	1y 4m
Raquel Urtasun Sotil	Independent board member	-	Current	5y 0m

View details of Waabi's Founder profiles and Board Members

Waabi's employee count trend

Waabi has 301 employees as of Apr 26. Here is Waabi's employee count trend over the years:

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Top competitors of Waabi include Aurora, Pony.ai and PlusAI. Here is the list of Top 10 competitors of Waabi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aurora 2017, Mountain View (United States), Public	Developer of self-driving technology designed for integration into freight operations	$693M	Hyundai Motor Company, Sequoia Capital & 15 others	79/100
2nd	Pony.ai 2016, Fremont (United States), Public	Developer of autonomous driving technology for robotaxi, robotruck, and POV	$1.19B	Toyota Motor, HongShan & 33 others	73/100
3rd	PlusAI 2016, San Francisco (United States), Series C	Developer of autonomous driving technology for integration into factory-built trucks	$720M	HSG, FountainVest Partners & 17 others	69/100
4th	TuSimple 2015, San Diego (United States), Public	AI-powered provider of self-driving solutions for trucks	$648M	Sina, Sina & 23 others	69/100
5th	Gatik 2017, Mountain View (United States), Series B	Operator of autonomous trucking solutions for middle-mile logistics operations	$152M	Innovation Endeavors, Avin Hub & 23 others	68/100
6th	Einride 2016, Stockholm (Sweden), Series D	Provider of end-to-end solutions for electric and autonomous freight transport	$652M	Temasek, Norrsken VC & 35 others	67/100
7th	Oxa 2014, Oxford (United Kingdom), Series C	Online platform offering autonomy software for self-driving vehicles	$246M	BP Ventures, Google & 22 others	66/100
8th	Kodiak Robotics 2018, Palo Alto (United States), Series B	Manufacturer of AI-powered autonomous trucking solutions	$165M	Aliya, BMW i Ventures & 14 others	66/100
9th	Waabi 2021, Toronto (Canada), Series C	Developer of physical artificial intelligence platform for autonomous trucks and robotaxis	$1.03B	BlackRock, Khosla Ventures & 26 others	64/100
10th	Changsha Intelligent Driving Institute 2017, Changsha (China), Public	Provider of self-driving technology for commercial vehicles	$121M	Xinding Capital, Sanze Venture Capital & 12 others	60/100