# Coco Robotics

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

- Industry: Consumer Services
- Headquarters: Santa Monica, US
- Website: www.cocodelivery.com
- Total disclosed funding: $116M
- Latest round: Series A (Jun 12, 2025)
- Investors on record: 7

## About

Coco Robotics, based in the US, specializes in autonomous delivery vehicles designed for urban logistics, providing efficient and reliable delivery solutions for local businesses and consumers.Coco Robotics, Inc. was founded in 2020 in Santa Monica, US, focusing on the development of self-driving delivery vehicles. The company has completed 4 deals and raised a total of USD 80.00 mn, with its latest round attracting investors such as Deepwater Asset Management and Offline Ventures. The CEO, Zach R, helms the company, which has not indicated any significant pivots or subsidiary relationships.Coco Robotics specializes in the development and deployment of autonomous delivery vehicles designed to meet the demands of urban logistics. Their core product offering features a fleet of self-driving delivery vehicles, engineered for efficient operation in various city environments. These vehicles provide affordable, reliable, and fast delivery solutions for last-mile deliveries for retailers and food service providers. The primary end users of Coco’s services include local merchants, restaurants, and consumers seeking convenient delivery options, focusing on major metropolitan areas such as Los Angeles, Miami, Chicago, and Helsinki.Coco Robotics generates revenue through partnerships with merchants and businesses utilizing their autonomous delivery services. Their transactional structure involves business-to-business agreements, where merchants pay for delivery based on usage. Pricing plans incorporate flat-rate fees for deliveries or variable pricing based on distance and volume, ensuring flexibility for clients. The company's self-driving delivery vehicle is central to their revenue model, facilitating transactions between merchants and their customers, and as the fleet expands, revenue is expected to grow in alignment with increased market penetration.Coco Robotics plans to enhance its product line with new autonomous delivery vehicles designed for different logistical needs, aiming for a launch by the end of 2024. They are targeting expansion into additional markets, including urban centers in New York and San Francisco, with plans to operationalize these areas by 2025. The recent funding of USD 80.00 mn will support these initiatives, allowing for technology enhancements and market entry preparations.

## Funding rounds

- Series A, Jun 12, 2025, $80M — Pelion Venture Partners, Deepwater Asset Management, Offline Ventures, Outlander VC, SNR
- Series A, Aug 25, 2021, $36M — Founders Fund, Silicon Valley Bank

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A
- Silicon Valley Bank — Series A
- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Series A
- Deepwater Asset Management (https://capitalatlas.ai/funds/deepwater-asset-management) — Series A
- Offline Ventures (https://capitalatlas.ai/funds/offline-ventures) — Series A
- Outlander VC (https://capitalatlas.ai/funds/outlander-vc) — Series A
- SNR (https://capitalatlas.ai/funds/snr) — Series A