Waabi’s planned Uber robotaxi expansion includes approximately $250 million of milestone-based future capital and a target of at least 25,000 vehicles; timing and milestones were not fully disclosed.
SourcePublic company, workplace, funding, and market signals
Updated Aug 5, 2026
Waabi is a Toronto-founded Physical AI company building autonomous transportation systems. It applies an interpretable, verifiable end-to-end AI model and high-fidelity simulation to autonomous trucks and, increasingly, robotaxis.
Primary product
Waabi Driver, an autonomous-driving system powered by Waabi’s Physical AI Platform; Waabi World is its neural simulation and virtual-training environment.
Founded
2021
Headquarters
Toronto, Ontario, Canada
Team size
Approximately 250–300 (public estimates vary; PitchBook reports 260 and Waabi/LinkedIn-derived data reports 200–300).
Work style
Flexible
Industry
Autonomous transportation / truck transportation
Sub-industry
Autonomous vehicles, physical AI, artificial intelligence and machine learning, mobility technology
Offices
Business model
Stage
Late-stage venture-backed, Series C; private and generating revenue
Total raised
$1.3B
Latest round
Series C · Jan 2026
Latest amount
$750M
Jan 2026 · Khosla Ventures and G2 Venture Partners
Milestone-based strategic investment
Jan 2026 · Uber
Leadership
Founder & CEO
Chief Operating Officer
Head of Customer Solutions
Waabi describes its culture as scientific, curious, diverse, resilient, accountable, safe, efficient, and data-driven. Safety is presented as non-negotiable, with a simulation-first and objective approach to engineering and decision-making; careers materials emphasize remote flexibility and real-world impact.
Work style
Flexible
Compensation
Public job postings provide role-specific ranges; one US Director, OEM & Strategic Partnerships posting listed $250,000–$300,000 base salary plus equity and annual bonus. Broader compensation data is not publicly established.
Benefits
Pricing
Not publicly disclosed. Available evidence indicates enterprise licensing, factory integration, direct-to-customer trucking, and deployment/driver-as-a-service arrangements rather than consumer list pricing.
Differentiators
Technology
Estimated revenue
$10M–$20M annually; one public company-data estimate is approximately $11.2M, but this is not company-reported.
Estimated monthly visits
63.2K
Traffic estimate as of Aug 2026
Waabi’s planned Uber robotaxi expansion includes approximately $250 million of milestone-based future capital and a target of at least 25,000 vehicles; timing and milestones were not fully disclosed.
SourceThe planned fully driverless trucking rollout was reported as delayed from the prior target of 2025 to the following few quarters; trucks still required validation before launch.
SourceTechCrunch · Jan 2026
Reports the $750M Series C, approximately $250M in milestone-based Uber capital, robotaxi partnership, and planned deployment of at least 25,000 vehicles.
Waabi · Jan 2026
Official announcement of the Series C, investor participation, Uber partnership, and expansion from autonomous trucks into robotaxis.
CNBC · Jan 2026
Covers the financing, Uber deployment plan, physical AI strategy, direct-to-customer trucking, sensors, and competitive landscape.
Waabi · Aug 2025
Announces Lior Ron’s appointment to lead operations, go-to-market strategy, partnerships, and commercialization.
62 jobs at Waabi
Jun 2024 · Uber and Khosla Ventures
Jan 2023 · Volvo Group Venture Capital
Jun 2021 · Khosla Ventures
Director of Operations
Investors
Customers
Competitors
Waabi · Jun 2024
Announces the oversubscribed Series B, investor group, and plan to commercialize fully driverless autonomous trucks.