Serve Robotics

IPORaised Since Featured

Sidewalk delivery, reimagined

AI-powered Level 4 autonomous sidewalk robots delivering food and groceries with zero emissions.

Founded January 2021Redwood City, CA~291 people~$247M raisedFeatured at Seed

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About

Serve Robotics designs, builds, and operates autonomous sidewalk delivery robots that transport food, parcels, and groceries on public sidewalks. Originally spun out of Uber's Postmates robotics division in 2021, the company achieved Level 4 commercial autonomy — a first for any autonomous vehicle company — and has since scaled to 2,000 robots across seven U.S. cities, making it the largest sidewalk delivery fleet in the country. Powered by NVIDIA Jetson compute and equipped with LiDAR, cameras, and ultrasonics, Serve's Gen 3 robots can carry 50 lbs at 11 mph with 48 miles of range. The company went public on NASDAQ (SERV) in April 2024 and has partnerships with Uber Eats, DoorDash, and 7-Eleven, serving 3,600+ restaurant locations.

DailyDropout Take

Serve Robotics caught our attention as the most credible autonomous sidewalk delivery play — spun out of Uber's Postmates robotics division with deep institutional backing from NVIDIA and Uber. At Seed stage in early 2022, the Level 4 autonomy achievement was already a signal that this team could execute. Four years later, they're publicly traded on NASDAQ with 2,000 robots on sidewalks and partnerships with every major delivery platform.

Discovery signal: Uber/Postmates spin-out with Level 4 autonomy claims, NVIDIA strategic investment, rapid fleet scaling trajectory

What Makes Them Unique

Serve is the first autonomous vehicle company to achieve Level 4 commercial autonomy, operating 2,000 robots — the largest sidewalk delivery fleet in the U.S. — with major platform partnerships (Uber Eats, DoorDash) and strategic backing from NVIDIA and Uber.

2,000+

Robots Deployed

100,000+

Deliveries Completed

99.8%

Completion Rate

3,600+

Restaurant Partners

7 U.S. cities

Cities Operating

$1.8M (773% YoY growth)

FY2024 Revenue

~$770M

Market Cap

Target Markets

Food DeliveryGrocery DeliveryConvenience Store DeliveryHealthcare Logistics

Founders

Ali Kashani

Co-Founder & CEO

Former VP at Postmates. Co-Founder & CTO of Neurio Technology (acquired by Generac). PhD in Robotics from University of British Columbia. Named EY Entrepreneur of the Year 2025 (Bay Area).

Dmitry Demeshchuk

Co-Founder & VP of Software

Former Director/Infrastructure Lead at Postmates. Senior Erlang Engineer at Machine Zone. BS in Physics from Ulyanovsk State University.

MJ Chun

Co-Founder & VP of Product and Design

17 years in product development at Anki, BigCommerce, and Electronic Arts. BA from Swarthmore College.

Key People

Touraj ParangPresident & COO

Previously: VP Corporate Development at GoDaddy

Brian ReadCFO

Previously: Controller at Apptronik

Anthony ArmentaChief Software & Data Officer

Previously: CTO at BrightDrop (GM)

Euan AbrahamChief Hardware & Manufacturing Officer

Previously: SVP Hardware Engineering at Latch

Serve Robotics is hiring!

Team size: ~291

View Open Roles

Funding History

SeedUndisclosed

Mar 1, 2021

Lead: Neo

NeoUberLong Journey VenturesWestern Technology InvestmentScott Banister

SeedM

Dec 1, 2021

Lead: DX Ventures

DX Ventures7-VenturesUber

SeedM

Mar 1, 2022

Lead: NVIDIA

NVIDIA

Series AM

Aug 1, 2023

Lead: Wavemaker Partners

Wavemaker Partners

IPOM

Apr 1, 2024

Lead: Public Offering

Public market

Post-IPO EquityM

Dec 1, 2024

Lead: Public Offering

Public market

Post-IPO EquityM

Jan 1, 2025

Lead: Direct Offering

Public market

Investors

Firms

NVIDIA(Lead — Seed 3)Neo(Lead — Seed 1)DX Ventures (Delivery Hero)(Lead — Seed 2)Wavemaker Partners(Lead — Series A)Uber / Postmates LLC7-VenturesWestern Technology InvestmentLong Journey Ventures