What is Waabi?
AI-first autonomous driving for trucks and robotaxis.
- Category
- Autonomous trucking and robotaxis
- Headquarters
- Toronto, Canada
- Founded
- 2021
- Employees
- 200-500
- Total funding
- ~$1.28B
- Valuation
- $3B reported (2026)
What is Waabi?
Waabi develops self-driving technology for autonomous trucks and robotaxis using an AI-first simulator-heavy approach.
Waabi develops self-driving technology for autonomous trucks and robotaxis using an AI-first simulator-heavy approach. As of June 2026, it sits in Autonomous trucking and robotaxis with headquarters in Toronto, Canada.
Waabi raised $83.5M in 2021, $200M in 2024, and in 2026 announced a $750M Series C plus a $250M Uber investment tied to a 25,000-robotaxi deployment target. Its public traction is strongest where customers need high-reliability systems, safety, and mission or operational outcomes rather than experiments.
For sellers, Waabi should be treated as a technical account with multiple buying centers. Product, engineering, security, operations, finance, and customer-program teams can all matter depending on the workflow.
Sources:WaabiCNBC - Waabi $200M Series B
What does Waabi offer?
Waabi offers products and services across Autonomous trucking and robotaxis.
- Waabi Driver· Autonomy
- Waabi World· Simulation
- Autonomous trucks· Freight
- Robotaxi driver· Mobility
- Mixed Reality Testing· Validation
- OEM integrations· Partnerships
Sources:WaabiCNBC - Waabi $200M Series B
How does Waabi make money?
Waabi makes money through autonomous-driving partnerships, trucking deployments, licensing, and future robotaxi platform economics. Pricing is not public because commercialization is through OEM, carrier, and mobility-platform agreements.
Waabi makes money through autonomous-driving partnerships, trucking deployments, licensing, and future robotaxi platform economics. Pricing is not public because commercialization is through OEM, carrier, and mobility-platform agreements.
Growth is driven by Waabi Driver, Waabi World simulation, Volvo truck integration, Texas freight lanes, and Uber marketplace distribution.
The practical revenue drivers are deployment scale, customer proof, reliability, and attach of software, support, integration, or sustainment. Public pricing is limited or quote-based, so deal sizing should be anchored in programs, fleet size, usage, or enterprise scope rather than a published tier page.
Sources:WaabiCNBC - Waabi $200M Series B
Who leads Waabi?
Waabi's public leadership includes Raquel Urtasun, Lior Ron, Sven Strohband, Technical leadership team.
- Raquel UrtasunFounder and CEOFounder since 2021Former Uber ATG chief scientist and University of Toronto professor.
- Lior RonChief Operating OfficerJoined 2025Former Uber Freight CEO; joined to scale commercial deployment.
- Sven StrohbandBoard/investor signalInvestor/director signalKhosla Ventures partner associated with Waabi funding.
- Technical leadership teamAutonomy and simulationSenior technical teamBuilds Waabi Driver and Waabi World.
How do you contact Waabi's leadership?
Waabi publishes corporate or team contact routes, but individual executive inboxes are generally not published. The personal emails below are format-following addresses based on public email-pattern signals; treat them as routing hypotheses, not verified personal inboxes.
first.last@waabi.aiSources:WaabiCNBC - Waabi $200M Series B
How much funding has Waabi raised?
Waabi has raised ~$1.28B; latest public valuation/status is $3B reported (2026).
Waabi's disclosed financing history is: Jun 2021: Series A ($83.5M led by Khosla Ventures.) Jun 2024: Series B ($200M led by Uber and Khosla with Nvidia participation.) Jan 2026: Series C ($750M led by Khosla Ventures and G2 Venture Partners.) Jan 2026: Uber strategic investment ($250M tied to deploying 25,000 robotaxis on Uber.)
The latest round/status is $750M Series C + $250M Uber (2026). Notable backers include Khosla Ventures, and the valuation/status to use as of June 2026 is $3B reported (2026).
Funding should be read together with customer traction. For hardware, robotics, autonomy, or defense companies, contract conversion, production scale, safety validation, and deployment economics matter as much as nominal capital raised.
How did Waabi get here?
Waabi's timeline runs from founding in 2021 to its latest financing and deployment milestones.
- 2021FoundedRaquel Urtasun launches Waabi.
- 2022Waabi World unveiledSimulator becomes core differentiation.
- 2024$200M Series BTruck commercialization funding.
- 2025Volvo autonomous truck workWaabi and Volvo reveal deployment path.
- 2025Lior Ron joinsFormer Uber Freight CEO becomes COO.
- 2026Uber robotaxi partnershipWaabi targets 25,000 vehicles on Uber.
Sources:WaabiCNBC - Waabi $200M Series B
Who are Waabi's competitors?
Waabi competes with companies that solve adjacent customer problems in Autonomous trucking and robotaxis.
- WayveEnd-to-end AI driving software for OEMs and robotaxis.
- AuroraAutonomous trucking and ride-hailing technology.
- WaymoRobotaxi operator with large-scale city deployments.
- Kodiak RoboticsAutonomous trucking technology.
- Torc RoboticsDaimler-backed autonomous trucking company.
Sources:WaabiCNBC - Waabi $200M Series B
Waabi — frequently asked questions
