Auro Robotics
Latest round
- Series A
Last raised
- Apr 2016
Total raised
- $2.1M
Investors
- 4
About Auro Robotics
Auro Robotics, Inc.Founded in 2015 in Sunnyvale, US, Auro Robotics specializes in autonomous vehicle technology. The company was acquired by RideCell, Inc. in October 2017 for an undisclosed amount, valuing Auro at around USD 20 million.Auro Robotics specializes in advanced autonomous vehicle technology tailored for carsharing and commercial fleet operators. The company’s core offering revolves around its Empty Vehicle Automation technology, which autonomously relocates idle vehicles from low-demand locations to high-demand zones and maintenance depots, addressing operational inefficiencies faced by fleet operators.Auro Robotics generates revenue primarily through B2B partnerships with fleet operators and carsharing companies that utilize its Empty Vehicle Automation technology. The business model revolves around subscription agreements or licensing arrangements, allowing clients to access the technology and integrate it into their fleet management systems.Auro Robotics is focused on expanding its market reach by launching new products and enhancing its existing technology. There are plans to penetrate additional geographic markets, particularly in North America and Europe, to meet the rising demand for smart mobility solutions.
Who invested in Auro Robotics
4 investors across 3 rounds
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Questions about Auro Robotics
Who invested in Auro Robotics?
Auro Robotics has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Auro Robotics raised?
Auro Robotics has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Auro Robotics last raise money?
Auro Robotics's most recent round on record is a Series A, in Apr 2016.
What does Auro Robotics do?
Auro Robotics is a automobiles, other vehicles & parts company.
Where is Auro Robotics headquartered?
Auro Robotics is headquartered in Sunnyvale, US.
Which VCs invest in companies like Auro Robotics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Auro Robotics's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series A
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