Argo AI

Argo AI

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A self-driving technology platform company building self-driving technology to improve the way the world moves. Learn more
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DateInvestorsAmountRound
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$1.0b

Growth Equity VC

$2.6b

Valuation: $7.3b

Growth Equity VC

N/A

Growth Equity non VC
Total FundingAUD5.6b

Recent News about Argo AI

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Argo AI is a pioneering company in the self-driving vehicle industry. The company specializes in developing software, hardware, maps, and infrastructure that enable autonomous vehicles to navigate safely and efficiently. Argo AI's mission is to make urban transportation safer, easier, and more enjoyable by providing reliable self-driving technology.

Argo AI operates in the autonomous vehicle market, partnering with leading automakers to integrate its technology into their cars. This collaboration allows these vehicles to offer new ride-sharing and delivery services that do not require human drivers. The company's expertise lies in robotics and artificial intelligence, which it combines with its experience in manufacturing high-quality vehicles at scale. Safety is a core focus, with rigorous attention to detail ensuring that it is built into their products from the very beginning.

The business model of Argo AI revolves around partnerships with automakers. By embedding its self-driving technology into their vehicles, Argo AI enables these companies to launch autonomous ride-sharing and delivery services. This integration creates new revenue streams for both Argo AI and its partners. Argo AI makes money through these partnerships, likely earning revenue from licensing its technology and possibly sharing in the profits generated by the autonomous services.

Argo AI serves a variety of clients, including major automotive manufacturers and companies looking to innovate in the ride-sharing and delivery sectors. By providing a trusted and advanced self-driving solution, Argo AI positions itself as a key player in the future of urban mobility.

Keywords: self-driving, autonomous vehicles, robotics, artificial intelligence, ride-sharing, delivery services, automotive partnerships, urban mobility, safety, technology integration.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Argo AI

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Princeton Lightwave
ACQUISITION by Argo AI Oct 2017