ALSO valuation, funding and investors
ALSO works in electric vehicle design and manufacturing, based in Palo Alto, United States. Founded in 2025, it has about 372 employees.
- Last round
- Series D · $150M · Aug 2026
- Valuation at last round
- $1.88B · implied
- Headcount
- 372 · growing
- Grade
- B
- Founded
- 2025
ALSO valuation today
VCMC values ALSO at $2.0B today, with a range of $1.2B to $3.7B and a grade of B. The valuation starts from its last funding round, a Series D round in Aug 2026.
Valuation by date (25 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2025 | $23.1M | $8.43M – $63.6M | $23.1M (0%) | before first round | – | unknown | D | 0% |
| 1 Feb 2025 | $23.1M | $8.43M – $63.6M | $23.1M (0%) | before first round | – | unknown | D | 0% |
| 1 Mar 2025 | $23.1M | $8.43M – $63.6M | $23.1M (0%) | before first round | – | unknown | D | 0% |
| 27 Mar 2025 | $751M | $493M – $1.7B | $1.1B (+50%) | after a round | – | unknown | C | 0% |
| 1 Apr 2025 | $755M | $493M – $1.7B | $1.1B (+49%) | after a round | – | unknown | C | 0% |
| 1 May 2025 | $781M | $493M – $1.7B | $1.1B (+44%) | after a round | – | unknown | C | 0% |
| 1 Jun 2025 | $808M | $493M – $1.7B | $1.1B (+39%) | after a round | – | unknown | C | 0% |
| 1 Jul 2025 | $835M | $493M – $1.7B | $1.1B (+35%) | after a round | – | unknown | C | 0% |
| 1 Aug 2025 | $865M | $493M – $1.7B | $1.1B (+30%) | after a round | – | unknown | C | 0% |
| 1 Sep 2025 | $895M | $493M – $1.7B | $1.1B (+26%) | after a round | 148 | unknown | C | 0% |
| 1 Oct 2025 | $925M | $493M – $1.7B | $1.1B (+22%) | after a round | 148 | unknown | C | 0% |
| 1 Nov 2025 | $957M | $493M – $1.7B | $1.1B (+17%) | after a round | 148 | unknown | C | 0% |
| 1 Dec 2025 | $990M | $493M – $1.7B | $1.1B (+14%) | after a round | 148 | unknown | C | 0% |
| 1 Jan 2026 | $1.0B | $493M – $1.7B | $1.1B (+10%) | after a round | 148 | unknown | C | 0% |
| 1 Feb 2026 | $1.1B | $538M – $1.9B | $1.2B (+7%) | after a round | 221 | growing | C | 0% |
| 1 Mar 2026 | $1.2B | $538M – $1.9B | $1.2B (+3%) | after a round | 221 | growing | C | 0% |
| 1 Apr 2026 | $1.0B | $869M – $1.5B | $1.3B (+30%) | after a round | 221 | growing | A | 0% |
| 1 May 2026 | $1.0B | $869M – $1.5B | $1.3B (+27%) | after a round | 297 | growing | A | 0% |
| 1 Jun 2026 | $1.0B | $869M – $1.5B | $1.3B (+24%) | after a round | 297 | growing | A | 0% |
| 1 Jul 2026 | $1.1B | $869M – $1.5B | $1.3B (+22%) | after a round | 297 | growing | A | 0% |
| 1 Aug 2026 | $1.1B | $869M – $1.5B | $1.3B (+19%) | after a round | 297 | growing | A | 0% |
| 20 Aug 2026 | $1.9B | $1.2B – $3.7B | $2.4B (+30%) | after a round | 297 | growing | B | 0% |
| 1 Sep 2026 | $1.9B | $1.2B – $3.7B | $2.4B (+29%) | after a round | 297 | growing | B | 0% |
| 1 Oct 2026 | $1.9B | $1.2B – $3.7B | $2.4B (+26%) | after a round | 372 | growing | B | 0% |
| 24 Oct 2026 | $2.0B | $1.2B – $3.7B | $2.4B (+24%) | after a round | 372 | growing | B | 0% |
Key facts about ALSO
- Founded
- 2025
- Headquarters
- Palo Alto, United States
- Employees
- about 372 +151% in a year
- Total raised
- $455M
- Funding rounds
- 3
- Last round
- Series D Aug 2026
ALSO was founded in 2025 by Chris Yu and RJ Scaringe.
ALSO funding history
ALSO has 3 funding rounds on record, from Mar 2025 to Aug 2026, $455M in total. The latest disclosed valuation is $1.00B post-money (Series C, Mar 2026).
Series D 19 Aug 2026
Led by Prysm Capital; with Eclipse, Greenoaks, MVP Ventures.
Sources: ridealso.com, techcrunch.com, pulse2.com and 5 more
$150M
Series C 31 Mar 2026
Led by Greenoaks; with Prysm Capital, DoorDash.
Sources: techfundingnews.com, finance.yahoo.com, techcrunch.com and 3 more
$200M
$1.00B post-money
$105M
ALSO investors
5 investors have backed ALSO; Greenoaks and Prysm Capital led at least one round.
- Greenoaks lead, 2 rounds
- Eclipse 2 rounds
- DoorDash
What ALSO does
ALSO works in automobile dealers & manufacturers, with 12 recorded offerings and customers in automotive, logistics and transportation.
Also, Inc. is an American company engaged in the design and manufacturing of small electric vehicles, including modular top frame systems and four-wheeled vehicles for commercial cargo and delivery services. The company serves both individual consumers and commercial partners in the logistics, delivery, and transportation sectors, offering custom solutions at scale. ALSO also operates as a provider of subscription connectivity services for its electric vehicles.
Description from Veridion's company data.
Products and services
- Electric Vehicle Design and Manufacturing
- Modular Top Frame System Development
- Commercial Cargo Vehicle Manufacturing
- Advanced Propulsion System Development
- Vehicle Connectivity Solutions Development
- Vehicle Software-Defined Control Development
- Custom Electric Vehicle Solutions
- Electric Vehicle Retail
- Corporate Electric Vehicle Sales
- Electric Vehicle Research and Development
- Sustainable Mobility Solutions Development
- Community Engagement Services
Markets
- Automotive
- Logistics
- Transportation
Technology
- Series Hybrid Drive Unit
- Software-Defined Controls for Dynamic Riding Modes
- GPS, BLE, and Wi-Fi Connectivity
Supply chain
- Global Sourcing
- Supplier Collaboration
Business model
- Business-to-Business
- Business-to-Consumer
- Manufacturing
- Retail
- Subscription-Based
- E-commerce
Industry codes (NAICS)
- 336110 Automobile and Light Duty Motor Vehicle Manufacturing 60% match
- 441110 New Car Dealers 25% match
- 423110 Automobile and Other Motor Vehicle Merchant Wholesalers 15% match
Questions about ALSO
What is ALSO worth?
Valuation $2.0B (range $1.2B to $3.7B), as of 24 Oct 2026. The last disclosed valuation was $1.00B (Series C, Mar 2026).
Has ALSO raised money?
ALSO has 3 funding rounds on record, from Mar 2025 to Aug 2026, $455M in total. The latest disclosed valuation is $1.00B post-money (Series C, Mar 2026).
Who has invested in ALSO?
Greenoaks, Prysm Capital, Eclipse, DoorDash and MVP Ventures. Lead investors include Greenoaks and Prysm Capital.
How many people work at ALSO?
About 372, up 151% over the last year. Headcount grew from 148 in Sep 2025 to 372 in Sep 2026.
What does ALSO do?
ALSO works in automobile dealers & manufacturers, with 12 recorded offerings and customers in automotive, logistics and transportation. Its main offerings are electric vehicle design and manufacturing, modular top frame system development and commercial cargo vehicle manufacturing.
When was ALSO founded, and where is it based?
ALSO was founded in 2025 and is based in Palo Alto, United States. It has about 372 employees, up 151% over the last year.