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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
Social
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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
Ranked
Employee Count
366 as on Sep 30, 2026
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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:lockFilter this list
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Waabi's founders and board of directors

Founder? Claim Profile
The founders of Waabi is Raquel Urtasun. Raquel Urtasun is the CEO of Waabi.
Here are the details of Waabi's key team members:

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

Waabi's employee count trend

Waabi has 366 employees as of Sep 26. Here is Waabi's employee count trend over the years:
Employee count trend for Waabi
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aurora
Aurora
2017, Mountain View (United States), Public
Developer of self-driving technology for integration into freight operations
$693M
77/100
2nd
Logo for Einride
Einride
2016, Stockholm (Sweden), Series E
Provider of electric and autonomous freight transportation solutions
$865M
74/100
3rd
Logo for Gatik
Gatik
2017, United States, Series B
Operator of autonomous trucking solutions for middle-mile logistics operations
$152M
69/100
4th
Logo for TuSimple
TuSimple
2015, San Diego (United States), Public
AI-powered provider of self-driving solutions for trucks
$648M
69/100
5th
Logo for PlusAI
PlusAI
2016, Santa Clara (United States), Series C
Developer of autonomous driving technology for integration into factory-built trucks
$720M
69/100
6th
Logo for Kodiak Robotics
Kodiak Robotics
2018, Palo Alto (United States), Public
Developer of AI-powered ground autonomy solutions for trucking, defense, industrial
$165M
65/100
7th
Logo for Waabi
Waabi
2021, Toronto (Canada), Series C
Developer of physical artificial intelligence platform for autonomous trucks and robotaxis
$1.03B
71/100
8th
Provider of self-driving technology for commercial vehicles
$121M
60/100
9th
Logo for Inceptio Technology
Inceptio Technology
2018, Fremont (United States), Series B
Developer of autonomous driving technology for heavy duty freight trucks
$678M
58/100
10th
Logo for DeepWay
DeepWay
2002, Beijing (China), Series B
Manufacturer of electric heavy trucks and related intelligent driving systems
$282M
56/100
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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

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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.
•
Waabi Appoints Lior Ron as COO for Commercial GrowthFinancial Post•Aug 12, 2025•Waabi, Uber
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