# Outrider Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/outrider-technologies

- Industry: Software
- Headquarters: Golden, US
- Website: www.azevtec.com
- Total disclosed funding: $227M
- Latest round: Series D (Oct 28, 2024)
- Investors on record: 18

## About

Outrider Technologies, Inc. is a US-based company specializing in automating yard operations for logistics hubs through innovative technologies that enhance efficiency, safety, and sustainability in the industry.Outrider Technologies, Inc. was founded in 2017 in Golden, US, focusing on automating yard operations. The company has completed 5 deals, with its most recent funding round on October 28, 2024, where it raised USD 62.46 mn in Series D funding. The primary investors included Koch Disruptive Technologies and New Enterprise Associates, alongside several others. The total amount raised by the company now stands at USD 62.46 mn, with a current valuation of USD 499.26 mn.Outrider provides an integrated system designed to automate yard operations for logistics hubs. The company’s core product offerings include management software, autonomous vehicles, and site infrastructure tailored to improve efficiency, safety, and sustainability in yard operations. These solutions specifically address challenges such as manual and repetitive yard tasks, high CO2 emissions from diesel yard trucks, and safety risks associated with yard environments. Outrider's technology promotes enhanced turn times, better space utilization, and improved asset tracking, making it a valuable partner for logistics operations across various industries. The primary customers served by Outrider include logistics and transportation companies looking to modernize their yard operations, and the technology is deployed in various geographical markets, including North America and Europe.Revenue generation for Outrider is structured around partnerships and service agreements that facilitate the deployment and integration of their automation solutions in logistics facilities. The company engages in B2B transactions, collaborating directly with clients to implement customized automated yard systems. Revenue is derived from a combination of upfront fees for the installation of hardware, ongoing subscription fees for software management, and maintenance services to ensure operational efficiency. Outrider's flagship offering – the automated yard operations system – is central to these transactions, enhancing the operational capabilities of logistics hubs while providing measurable returns on investment for clients.In October 2024, Outrider Technologies, Inc. raised USD 62.46 mn in Series D funding to support its strategy of expanding its autonomous yard operations to Fortune 500 customers in 2025. The company plans to launch upcoming products designed to further enhance its automation capabilities, although specific release dates are not disclosed. Additionally, Outrider aims to penetrate new geographic markets, with a particular focus on expanding its services in North America and Europe.

## Funding rounds

- Series D, Oct 28, 2024, $62M — New Enterprise Associates, Prologis, GOOSE Capital, B37 Ventures, 8VC, FM Capital, Koch Disruptive Technologies, Ark Invest, Lineage Ventures, NVentures, Interwoven Ventures
- Series C, May 31, 2022, $100M — New Enterprise Associates, Abu Dhabi Investment House, NVIDIA Corporation, FM Capital, Presidio Ventures, Koch Disruptive Technologies, B37 Ventures-, ROBO Global, LLC, Lineage Ventures
- Series B, Oct 28, 2020, $65M — New Enterprise Associates, Prologis, Henry Crown and Company, 8VC, Koch Disruptive Technologies, Heinz Ventures
- Series A, Feb 19, 2020 — 8VC

## Investors

- 8VC (https://capitalatlas.ai/funds/8vc) — Series A, Series B, Series D
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B, Series C, Series D
- Prologis (https://capitalatlas.ai/funds/prologis) — Series B, Series D
- Henry Crown and Company — Series B
- Koch Disruptive Technologies (https://capitalatlas.ai/funds/koch-disruptive-technologies) — Series B, Series C, Series D
- Heinz Ventures (https://capitalatlas.ai/funds/heinz-ventures) — Series B
- Abu Dhabi Investment House (https://capitalatlas.ai/funds/abu-dhabi-investment-house) — Series C
- NVIDIA Corporation — Series C
- FM Capital (https://capitalatlas.ai/funds/fm-capital) — Series C, Series D
- Presidio Ventures (https://capitalatlas.ai/funds/presidio-ventures) — Series C
- B37 Ventures- — Series C
- ROBO Global, LLC — Series C
- Lineage Ventures (https://capitalatlas.ai/funds/lineage-ventures) — Series C, Series D
- GOOSE Capital (https://capitalatlas.ai/funds/goose-capital) — Series D
- B37 Ventures (https://capitalatlas.ai/funds/b37-ventures) — Series D
- Ark Invest (https://capitalatlas.ai/funds/ark-invest) — Series D
- NVentures — Series D
- Interwoven Ventures (https://capitalatlas.ai/funds/interwoven-ventures) — Series D