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Waabi

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Developing autonomous vehicle technology aimed at commercial self-driving trucks and next-generation robotaxi applications

Toronto, CanadaFounded 2021Transportation
Valuation $2.5–5B Last recorded · 2026
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $1–2.5B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Waabi and the history behind them.

About Waabi

Waabi.ai is a startup that operates in the autonomous vehicle industry, specifically focusing on self-driving trucking technology. Their flagship product, the Waabi Driver, is a next-generation solution that can be trained to make decisions, apply learned skills to new scenarios and geographies, and adapt to any hardware configuration. This technology is designed for large-scale commercialization and safe deployment, targeting original equipment manufacturers (OEMs) for factory-level integration.

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The company's unique selling proposition lies in its use of advanced simulation technology, Waabi World. This virtual environment allows the firm to streamline the development process of their self-driving system, reducing the need for real-world testing miles. This approach not only lowers costs but also enhances safety and flexibility.

Waabi.ai's business model revolves around the development and sale of their autonomous driving technology to trucking companies and OEMs. The company generates revenue by licensing their technology for use in commercial vehicles. This technology has the potential to revolutionize the trucking industry by reducing costs and improving safety.

The team at Waabi.ai is led by AI and self-driving pioneer Raquel Urtasun and comprises of leading AI engineers and solution architects. They are committed to harnessing the power of self-driving technology to create a better world.

Source: Dealroom company data

At a glance

Founded
2021
Headquarters
Toronto, Canada
Sector
Transportation
Power Law
Unicorn$1–10B valuation tierColt$25–100M revenue

Latest news

Press, funding announcements and product moves mentioning Waabi.

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Investors

26 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A20 investors entered at this stage

  • Khosla Ventures
  • Fei-Fei Li
  • 8VC
  • Geoffrey Hinton
  • BDC Capital
  • Uber
  • Sanja Fidler
  • OMERS Ventures
  • Pieter Abbeel
  • Aurora Innovation
  • Radical Ventures
  • Volvo Group Venture Capital
  • HarbourVest Partners
  • Nvidia
  • Export Development Canada
  • G2 Venture Partners
  • Porsche SE
  • Incharge Capital
  • Scania Growth Capital
  • Ingka Investments

Series B and later6 investors entered at this stage

  • Bank of Montreal
  • Linse Capital
  • Abu Dhabi Investment Authority
  • TELUS Global Ventures
  • BlackRock
  • NVentures
Employees mapped 332 incl. 12 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 14 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇺🇸 United States59.6%
🇨🇦 Canada39.6%
🇬🇧 United Kingdom0.4%
🇸🇪 Sweden0.4%
4 countries shown
Web traffic by country
59K monthly visits
across markets
🇨🇦 Canada23.6%
🇺🇸 United States15.9%
🇩🇪 Germany14.6%
🇮🇳 India10.5%
🇹🇷 Turkey7.5%
Top 5 markets shown

Patents

Estimated portfolio value
$781k

42 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

Explore the patent portfolioPatent records, technology areas and peer comparisonsBook a demo

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Waabi on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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