Also

Summary active Updated Aug 30, 2026

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Location Palo Alto, California
Founded 2025
Latest Stage Series D
Total Raised $455M

Investors

Greenoaks Capital series-c (2026)
Greenoaks Capital series-d (2026)

About

Also is a Palo Alto-based company spun out of Rivian that develops autonomous delivery vehicles 1. The company has partnered with DoorDash in a multi-year commercial agreement to develop and deploy autonomous last-mile delivery vehicles at scale 12. The Series C round values the company at $1 billion 2.

Funding History

Date Round Amount Lead Co-investors
2026-08-19 Series D $150M Prysm Capital Eclipse, Greenoaks, MVP Ventures 34
2026-03-31 Series C $200M Greenoaks DoorDash, Prysm Capital 12

DoorDash Co-Founder Stanley Tang joined Also’s board as an observer as part of the March 2026 Series C 1. The August 2026 Series D brings total funding to approximately $455 million and supports Also’s expansion beyond pedal-assist e-bikes and commercial cargo quads into autonomous delivery vehicles 3.

What Investors Say

No verified investor quotes available at this time.

What Founders Say

No verified founder quotes available at this time.

Sources


  1. TechCrunch, “Rivian spinoff Also will build autonomous delivery vehicles for DoorDash,” March 31, 2026. https://techcrunch.com/2026/03/31/rivian-spinoff-also-will-build-autonomous-delivery-vehicles-for-doordash/

  2. Pulse2, “Also: $200 Million Raised At $1 Billion Valuation As Rivian Spinoff Partners With DoorDash On Autonomous Delivery,” March 31, 2026. https://pulse2.com/also-200-million-raised-at-1-billion-valuation-as-rivian-spinoff-partners-with-doordash-on-autonomous-delivery/

  3. TechCrunch, “Rivian spinout Also raises another $150M,” August 19, 2026. Accessed August 2026. https://techcrunch.com/2026/08/19/rivian-spinout-also-raises-another-150-million/

  4. Tech Startups, “Venture Capital & Startup Funding Roundup, August 19, 2026: Andreessen Horowitz, Battery Ventures, ICONIQ, JPMorgan Chase, Prosus & More,” August 19, 2026. Accessed August 2026. https://techstartups.com/2026/08/19/venture-capital-startup-funding-roundup-august-19-2026-andreessen-horowitz-battery-ventures-iconiq-jpmorgan-chase-prosus-more/