Waabi valuation, funding and investors
Waabi works in autonomous vehicle development, based in Toronto, Canada. Founded in 2021, it has about 352 employees.
- Last round
- Series C · $750M · Jan 2026
- Valuation at last round
- $5.36B · implied
- Headcount
- 352 · growing
- Grade
- B
- Founded
- 2021
Waabi valuation today
VCMC values Waabi at $6.8B today, with a range of $4.0B to $10.5B and a grade of B. The valuation starts from its last funding round, a Series C round in Jan 2026.
Valuation by date (74 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 2021 | $16.8M | $6.11M – $46.1M | $18.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2021 | $16.9M | $6.17M – $46.5M | $18.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2021 | $17.1M | $6.22M – $46.9M | $19.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2021 | $17.2M | $6.28M – $47.4M | $19.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2021 | $17.4M | $6.33M – $47.8M | $19.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2021 | $17.6M | $6.39M – $48.2M | $19.4M (+10%) | before first round | – | unknown | D | 0% |
| 9 Jun 2021 | $465M | $305M – $1.3B | $835M (+80%) | after a round | – | unknown | C | 0% |
| 1 Jul 2021 | $481M | $305M – $1.3B | $835M (+73%) | after a round | – | unknown | C | 0% |
| 1 Aug 2021 | $506M | $305M – $1.3B | $835M (+65%) | after a round | – | unknown | C | 0% |
| 1 Sep 2021 | $532M | $305M – $1.3B | $835M (+57%) | after a round | – | unknown | C | 0% |
| 1 Oct 2021 | $558M | $305M – $1.3B | $835M (+50%) | after a round | – | unknown | C | 0% |
| 1 Nov 2021 | $587M | $305M – $1.3B | $835M (+42%) | after a round | – | unknown | C | 0% |
| 1 Dec 2021 | $616M | $305M – $1.3B | $835M (+36%) | after a round | – | unknown | C | 0% |
| 1 Jan 2022 | $647M | $305M – $1.3B | $835M (+29%) | after a round | – | unknown | C | 0% |
| 1 Feb 2022 | $680M | $305M – $1.3B | $835M (+23%) | after a round | – | unknown | C | 0% |
| 1 Mar 2022 | $712M | $305M – $1.3B | $835M (+17%) | after a round | – | unknown | C | 0% |
| 1 Apr 2022 | $748M | $305M – $1.3B | $835M (+12%) | after a round | 51 | unknown | C | 0% |
| 1 May 2022 | $785M | $305M – $1.3B | $835M (+6%) | after a round | 51 | unknown | C | 0% |
| 1 Jun 2022 | $825M | $305M – $1.3B | $835M (+1%) | after a round | 51 | unknown | C | 0% |
| 1 Jul 2022 | $835M | $294M – $1.3B | $835M (0%) | after a round | 51 | unknown | C | 0% |
| 1 Aug 2022 | $835M | $279M – $1.3B | $835M (0%) | after a round | 51 | unknown | C | 0% |
| 1 Sep 2022 | $835M | $265M – $1.3B | $835M (0%) | after a round | 51 | unknown | C | 0% |
| 1 Oct 2022 | $835M | $252M – $1.3B | $835M (0%) | after a round | 51 | unknown | C | 0% |
| 1 Nov 2022 | $835M | $240M – $1.3B | $835M (0%) | after a round | 51 | unknown | C | 0% |
| 1 Dec 2022 | $835M | $228M – $1.3B | $835M (0%) | after a round | 51 | unknown | C | 0% |
| 1 Jan 2023 | $835M | $217M – $1.3B | $835M (0%) | after a round | 51 | unknown | C | 0% |
| 1 Feb 2023 | $835M | $206M – $1.3B | $835M (0%) | after a round | 51 | unknown | C | 0% |
| 1 Mar 2023 | $835M | $197M – $1.3B | $835M (0%) | after a round | 51 | unknown | C | 0% |
| 1 Apr 2023 | $835M | $350M – $1.3B | $835M (0%) | after a round | 110 | growing | C | 0% |
| 1 May 2023 | $835M | $355M – $1.3B | $835M (0%) | after a round | 110 | growing | C | 0% |
| 1 Jun 2023 | $835M | $360M – $1.3B | $835M (0%) | after a round | 110 | growing | C | 0% |
| 1 Jul 2023 | $835M | $312M – $1.3B | $835M (0%) | after a round | 110 | growing | C | 0% |
| 1 Aug 2023 | $835M | $312M – $1.3B | $835M (0%) | after a round | 110 | growing | C | 0% |
| 1 Sep 2023 | $835M | $313M – $1.3B | $835M (0%) | after a round | 110 | growing | C | 0% |
| 1 Oct 2023 | $835M | $313M – $1.3B | $835M (0%) | after a round | 140 | growing | C | 0% |
| 1 Nov 2023 | $835M | $184M – $1.3B | $829M (-1%) | after a round | 140 | up | C | 0% |
| 1 Dec 2023 | $835M | $179M – $1.3B | $827M (-1%) | after a round | 140 | up | C | 0% |
| 1 Jan 2024 | $835M | $173M – $1.3B | $826M (-1%) | after a round | 140 | up | C | 0% |
| 1 Feb 2024 | $835M | $168M – $1.3B | $824M (-1%) | after a round | 140 | up | D | 0% |
| 1 Mar 2024 | $835M | $163M – $1.3B | $824M (-1%) | after a round | 140 | up | D | 0% |
| 1 Apr 2024 | $835M | $158M – $1.3B | $823M (-1%) | after a round | 140 | up | D | 0% |
| 1 May 2024 | $835M | $154M – $1.3B | $822M (-2%) | after a round | 140 | up | D | 0% |
| 1 Jun 2024 | $835M | $149M – $1.3B | $821M (-2%) | after a round | 140 | up | D | 0% |
| 19 Jun 2024 | $1.4B | $939M – $3.3B | $2.1B (+50%) | after a round | 140 | up | C | 0% |
| 1 Jul 2024 | $1.4B | $939M – $3.3B | $2.1B (+48%) | after a round | 150 | growing | C | 0% |
| 1 Aug 2024 | $1.5B | $939M – $3.3B | $2.1B (+43%) | after a round | 150 | growing | C | 0% |
| 1 Sep 2024 | $1.6B | $939M – $3.3B | $2.1B (+38%) | after a round | 150 | growing | C | 0% |
| 1 Oct 2024 | $1.6B | $939M – $3.3B | $2.1B (+33%) | after a round | 150 | growing | C | 0% |
| 1 Nov 2024 | $1.7B | $965M – $3.4B | $2.2B (+31%) | after a round | 170 | up | C | 0% |
| 1 Dec 2024 | $1.7B | $965M – $3.4B | $2.2B (+27%) | after a round | 170 | up | C | 0% |
| 1 Jan 2025 | $1.8B | $965M – $3.4B | $2.2B (+22%) | after a round | 170 | up | C | 0% |
| 1 Feb 2025 | $1.9B | $965M – $3.4B | $2.2B (+18%) | after a round | 170 | up | C | 0% |
| 1 Mar 2025 | $1.9B | $965M – $3.4B | $2.2B (+14%) | after a round | 170 | up | C | 0% |
| 1 Apr 2025 | $2.0B | $965M – $3.4B | $2.2B (+10%) | after a round | 170 | up | C | 0% |
| 1 May 2025 | $2.1B | $965M – $3.4B | $2.2B (+6%) | after a round | 170 | up | C | 0% |
| 1 Jun 2025 | $2.2B | $965M – $3.4B | $2.2B (+2%) | after a round | 170 | up | C | 0% |
| 1 Jul 2025 | $2.2B | $963M – $3.4B | $2.2B (0%) | after a round | 170 | up | C | 0% |
| 1 Aug 2025 | $2.3B | $1.0B – $3.6B | $2.3B (0%) | after a round | 223 | growing | C | 0% |
| 1 Sep 2025 | $2.4B | $1.1B – $3.6B | $2.4B (0%) | after a round | 234 | growing | C | 0% |
| 1 Oct 2025 | $2.4B | $1.1B – $3.6B | $2.4B (0%) | after a round | 234 | growing | C | 0% |
| 1 Nov 2025 | $2.4B | $1.1B – $3.7B | $2.4B (0%) | after a round | 256 | growing | B | 0% |
| 1 Dec 2025 | $2.4B | $1.1B – $3.7B | $2.4B (0%) | after a round | 256 | growing | B | 0% |
| 1 Jan 2026 | $2.4B | $1.1B – $3.7B | $2.4B (0%) | after a round | 256 | growing | B | 0% |
| 29 Jan 2026 | $5.4B | $3.8B – $9.9B | $7.0B (+30%) | after a round | 256 | growing | B | 0% |
| 1 Feb 2026 | $5.4B | $3.8B – $9.9B | $7.0B (+30%) | after a round | 256 | growing | B | 0% |
| 1 Mar 2026 | $5.5B | $3.8B – $9.9B | $7.0B (+27%) | after a round | 271 | growing | B | 0% |
| 1 Apr 2026 | $5.6B | $3.8B – $9.9B | $7.0B (+24%) | after a round | 271 | growing | B | 0% |
| 1 May 2026 | $5.8B | $3.9B – $10.1B | $7.1B (+24%) | after a round | 302 | growing | B | 0% |
| 1 Jun 2026 | $5.9B | $3.9B – $10.1B | $7.1B (+21%) | after a round | 302 | growing | B | 0% |
| 1 Jul 2026 | $6.1B | $3.9B – $10.3B | $7.2B (+19%) | after a round | 319 | growing | B | 0% |
| 1 Aug 2026 | $6.2B | $3.9B – $10.3B | $7.2B (+16%) | after a round | 319 | growing | B | 0% |
| 1 Sep 2026 | $6.4B | $3.9B – $10.3B | $7.2B (+13%) | after a round | 319 | growing | B | 0% |
| 1 Oct 2026 | $6.6B | $4.0B – $10.5B | $7.4B (+11%) | after a round | 352 | growing | B | 0% |
| 24 Oct 2026 | $6.8B | $4.0B – $10.5B | $7.4B (+9%) | after a round | 352 | growing | B | 0% |
Key facts about Waabi
- Founded
- 2021
- Headquarters
- Toronto, Canada
- Employees
- about 352 +50% in a year
- Total raised
- $1.03B
- Funding rounds
- 3
- Last round
- Series C Jan 2026
Waabi was founded in 2021 by Raquel Urtasun.
Waabi funding history
Waabi has 3 funding rounds on record, from Jun 2021 to Jan 2026, $1.03B in total. None disclosed a valuation.
Series C 28 Jan 2026
Led by Khosla Ventures, G2 Venture Partners; with Uber, NVentures, Volvo Group Venture Capital, Porsche Automobil Holding SE, BlackRock, Radical Ventures, HarbourVest, Linse Capital, Incharge Capital Partners, BDC Capital’s Thrive Venture Fund, Export Development Canada (EDC), TELUS Global Ventures, BMO Global Asset Management, Abu Dhabi Investment Authority.
Sources: waabi.ai, iaa-transportation.com, techcrunch.com and 5 more
$750M
Series B 18 Jun 2024
Led by Uber, Khosla Ventures; with NVIDIA, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest, Ingka Investments, HarbourVest, G2 Venture Partners, BDC Capital’s Thrive Venture Fund, Export Development Canada, Radical Ventures, Incharge Capital Partners.
Sources: waabi.ai
$200M
Series A 8 Jun 2021
Led by Khosla Ventures; with Uber, Radical Ventures, 8VC, OMERS Ventures, BDC Capital’s Women in Technology Venture Fund (WIT), Aurora Innovation Inc.. Individuals: Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, Sanja Fidler.
Sources: torys.com, en.wikipedia.org
$84M
Waabi investors
24 investors have backed Waabi; Khosla Ventures, Uber and G2 Venture Partners led at least one round.
- Khosla Ventures lead, 3 rounds
- Uber lead, 3 rounds
- BDC Capital’s Thrive Venture Fund 2 rounds
- HarbourVest 2 rounds
- Porsche Automobil Holding SE 2 rounds
- Volvo Group Venture Capital 2 rounds
- 8VC
- Abu Dhabi Investment Authority
- Aurora Innovation Inc.
- BDC Capital’s Women in Technology Venture Fund (WIT)
- BlackRock
- BMO Global Asset Management
- Export Development Canada
- Export Development Canada (EDC)
- Ingka Investments
- NVentures
- NVIDIA
- Scania Invest
- TELUS Global Ventures
What Waabi does
Waabi works in tech companies, with 14 recorded offerings and customers in transportation.
Waabi Innovation Inc. is a Canadian technology company engaged in the development and deployment of autonomous vehicles, with a primary focus on freight transportation and autonomous trucking. The company operates a proprietary cloud platform and app for remote mission management, and its technology is supported by a safety framework that includes fault monitoring and management systems. Waabi also conducts research and development in autonomous technology and collaborates with industry partners.
Description from Veridion's company data.
Products and services
- Autonomous Vehicle Development
- Autonomous Vehicle Deployment
- Freight Transportation Services
- Autonomous Trucking Solutions
- Physical AI Technology Research and Development
- Cloud-Based Mission Management Platform Development
- Remote Vehicle Management System Development
- Fault Monitoring and Management System Development
- Safety Framework Research and Implementation
- Autonomous Vehicle Safety Testing and Validation
- Industry Partnership Development
- Autonomous Technology Consulting Services
- AI and Robotics Research Services
- Transportation Management Solutions
Markets
- Transportation
Technology
- Physical AI for Autonomous Vehicles
- Fault Monitoring and Management System
Business model
- Business-to-Business
Industry codes (NAICS)
- 336110 Automobile and Light Duty Motor Vehicle Manufacturing 70% match
- 541511 Custom Computer Programming Services 30% match
Questions about Waabi
What is Waabi worth?
Valuation $6.8B (range $4.0B to $10.5B), as of 24 Oct 2026.
Has Waabi raised money?
Waabi has 3 funding rounds on record, from Jun 2021 to Jan 2026, $1.03B in total. None disclosed a valuation.
Who has invested in Waabi?
Khosla Ventures, Uber, G2 Venture Partners, Radical Ventures, BDC Capital’s Thrive Venture Fund and HarbourVest, and 18 more. Lead investors include Khosla Ventures, Uber and G2 Venture Partners.
How many people work at Waabi?
About 352, up 50% over the last year. Headcount grew from 51 in Apr 2022 to 352 in Sep 2026.
What does Waabi do?
Waabi works in tech companies, with 14 recorded offerings and customers in transportation. Its main offerings are autonomous vehicle development, autonomous vehicle deployment and freight transportation services.
When was Waabi founded, and where is it based?
Waabi was founded in 2021 and is based in Toronto, Canada. It has about 352 employees, up 50% over the last year.