# Auro Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/auro-robotics

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Sunnyvale, US
- Website: www.aurobots.com
- Total disclosed funding: $2.1M
- Latest round: Series A (Apr 26, 2016)
- Investors on record: 4

## About

Auro Robotics, Inc. develops advanced autonomous vehicle solutions designed to enhance operational efficiency for carsharing and commercial fleet operators.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. The acquisition was supported by prominent investors including Y Combinator, Khosla Ventures, and BMW i Ventures. The latest funding round was a Series A, raising USD 2.00 mn led by Motus Ventures, contributing to a total amount raised of USD 2.00 mn.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. This technology significantly reduces vehicle downtime and increases overall fleet revenue, targeting carsharing companies, logistics providers, and commercial fleet managers across North America and Europe.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. Pricing plans are customized based on the scale of implementation and the specific needs of the client.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. Recent funding from the Series A round will be utilized to support these initiatives, ensuring Auro's technology continues to evolve and efficiently serve fleet operators worldwide.

## Funding rounds

- Series A, Apr 26, 2016, $2M — Rothenberg Ventures, Motus Ventures
- Seed, Aug 25, 2015 — Zillionize Angel
- Seed, Jun 1, 2015, $0.1M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Zillionize Angel (https://capitalatlas.ai/funds/zillionize-angel) — Seed
- Rothenberg Ventures (https://capitalatlas.ai/funds/rothenberg-ventures) — Series A
- Motus Ventures (https://capitalatlas.ai/funds/motus-ventures) — Series A