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- Gatik
Gatik Valuation, Funding & Investors
Gatik is valued at $700M as of August 2021.
Last Gatik valuation
$700M
Series B · Aug 2021
Last Gatik funding round
$200M
Series D · Aug 2026
Cumulative funding Gatik raised
$346M
across 6 funding rounds
Key investors in Gatik
Innovation Endeavors
Fontinalis Partners
Koch Disruptive Technologies
AngelPad
Dynamo
Alumni Ventures
About Gatik
Gatik is an autonomous trucking company deploying driverless light and medium-duty vehicles for middle-mile logistics in B2B routes. Mountain View-headquartered and founded in 2017, Gatik partners with Walmart and Kroger for produce deliveries in California and Arkansas, utilizing Level 4 autonomy on predefined paths.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services, Subscription
Valuation
$700M (Aug 2021)
Gatik Valuation
Gatik is currently valued at $700M, based on its Series B in August 2021.
The $85M round was led by Koch Disruptive Technologies.
Gatik's valuation has grown 12x from $58M at its Series A in November 2020 to $700M in August 2021, across 2 priced rounds.
Gatik valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2021 | Series B | $700M |
| Nov 2020 | Series A | $58M |
Gatik Funding History
Gatik has raised a total of $346M across 6 funding rounds.
Gatik's first fundraising round was a $5M seed round in June 2019. The most recent completed round was a $200M Series D in August 2026.
Gatik funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2026 | Series D | Koch Disruptive Technologies (lead); Qatar Investment Authority (lead); ARK Investment Management; Intact Private Capital; Millennium Management | $200M | - | Gatik raised $200 million in a Series D financing announced in August 2026, led by Qatar Investment Authority and Koch Disruptive Technologies, with participation from Millennium Management, ARK Invest, Intact Private Capital, and others. The financing came as demand for driverless commercial freight accelerated across Fortune 50 retail, grocery, and consumer packaged goods supply chains, and it followed a multiyear autonomous freight partnership with PepsiCo. The new capital was intended to support fleet expansion and wider deployment of Gatik’s autonomous trucking technology across commercial freight operations. The round was described as the company’s largest financing to date and brought Gatik’s total capital raised to about $500 million. Gatik is an autonomous trucking company focused on driverless freight for enterprise logistics networks, with operations centered on commercial supply chains and autonomous driving systems designed for highway and urban-road use. |
| May 2024 | Strategic investment | Isuzu (lead) | $30M | - | Gatik AI is an autonomous middle-mile logistics company founded in 2017 and headquartered in Mountain View, California, that specializes in developing and deploying self-driving trucks for business-to-business freight operations. The company focuses on autonomous logistics between distribution centers, fulfillment centers, and retail locations, addressing driver shortages and supply chain efficiency challenges. In May 2024, Japanese commercial vehicle manufacturer Isuzu Motors invested $30 million USD in Gatik to expand their partnership, which had begun in 2021, with the goal of developing and producing Level 4 autonomous trucks for commercialization in 2027. Isuzu committed to establishing a dedicated manufacturing facility to begin operations in 2027 for mass production of SAE Level 4 autonomous vehicles. As of early 2026, Gatik signed a multi-year contract with a major consumer goods company that doubled its contracted revenue to $600 million over five years, representing a significant milestone as the company scaled from limited testing to large-scale revenue-producing autonomous trucking operations. Gatik's autonomous trucks are currently commercially deployed in Texas, Arkansas, and Ontario, Canada, and the company operates a fleet of more than 60 trucks and has completed over 600,000 commercial orders across North America. |
| Aug 2021 | Series B | Koch Disruptive Technologies (lead) | $85M | $700M | Gatik, a Palo Alto-based autonomous vehicle startup founded in 2017, specializes in autonomous middle-mile logistics using Class 3-6 box trucks for B2B short-haul deliveries, focusing on structured routes to serve retailers like Walmart and Loblaw. The company operates in markets including Arkansas, Louisiana, Texas, and Ontario, emphasizing lower costs, shorter delivery times, and reliable capacity without reliance on remote human drivers. On August 31, 2021, Gatik announced an oversubscribed $85 million Series B funding round, led by Koch Disruptive Technologies with participation from existing investors like Innovation Endeavours, Wittington Ventures, FM Capital, Dynamo Ventures, Trucks VC, Intact Ventures, and others, bringing total funding to $114.5 million. The capital is earmarked for scaling fleet deployments across North America, expanding operations with new and existing customers, growing the team from around 70 to 150 employees within six to nine months, and enhancing its Toronto engineering hub. This round coincided with Gatik publicizing Texas operations and new customers, building on Series A milestones from November 2020. CEO Gautam Narang noted the valuation grew sixfold from Series A, though not disclosed publicly at announcement; later reports indicated a potential over $700 million valuation amid talks for additional Microsoft investment of more than $10 million. Gatik positions itself as a leader in commercializing autonomous technology for medium-duty trucking, addressing e-commerce-driven supply chain disruptions in the middle mile. Strategic partnerships with OEMs, fleet service providers, and major retailers underpin its business model. While specific revenue or ARR figures near the 2021 round were not disclosed using standard terms, the CEO projected over 400% year-over-year revenue growth for that year, with later developments including multi-year deals like a $600 million contracted revenue commitment announced in 2026 with partners such as Georgia-Pacific and KBX. |
| Nov 2020 | Series A | Innovation Endeavors (lead); Wittington Ventures (lead); SHAKTI; Fontinalis Partners; fm Capital; Green D Ventures; Alumni Ventures; Dynamo; Intact Financial Corp.; AngelPad | $25M | $58M | Gatik, a Palo Alto and Toronto-based autonomous vehicle company, announced on November 23, 2020 that it has closed a $25 million Series A funding round. The round was co-led by Wittington Ventures and Innovation Endeavors, with participation from FM Capital, Intact Ventures, and existing investors including Dynamo Ventures, Fontinalis Partners, and AngelPad. With this round, Gatik had raised a total of $29.5 million to date. Gatik develops AI-powered autonomous trucking solutions focused on the middle-mile logistics segment—short-haul deliveries from warehouses and distribution centers to retail stores. The company's box trucks equipped with proprietary autonomous driving software have completed 30,000 revenue-generating autonomous orders for multiple Fortune 500 customers across the United States and Canada. CEO Gautam Narang reported that the company saw a 30-35% increase in orders from its customer base throughout 2020 and expected this trend to continue. The funding was allocated to expand operations across North America, grow the team in Silicon Valley, and strengthen Gatik's presence in Canada. At the time of the announcement, Gatik secured a multiyear partnership with Loblaw Companies Ltd., Canada's largest retailer, to deploy autonomous delivery vehicles in Toronto, marking the country's first autonomous delivery deployment for a major grocer. |
| Apr 2020 | Series A | Muirwoods Ventures (lead) | $1M | - | - |
| Jun 2019 | Seed | Innovation Endeavors (lead); Fontinalis Partners; GW Ventures; Silicon Badia; Dynamo; AngelPad; Trucks Venture Capital | $5M | - | - |
Who has invested in Gatik?
20 investors have backed Gatik across its funding rounds, including Innovation Endeavors, Fontinalis Partners, Koch Disruptive Technologies, AngelPad, Dynamo and Alumni Ventures.
Lead investors include Koch Disruptive Technologies, Qatar Investment Authority, Isuzu, Innovation Endeavors, Wittington Ventures and 1 other investor.
Gatik Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Jun 2019 | ||
| 2 | Lead | Jun 2019 | ||
| 2 | Lead | Aug 2021 | ||
| 2 | Participant | Jun 2019 | ||
| 2 | Participant | Jun 2019 | ||
| 1 | Participant | Nov 2020 | ||
| 1 | Participant | Nov 2020 | ||
| 1 | Lead | Aug 2026 | ||
| 1 | Lead | Nov 2020 | ||
| 1 | Participant | Nov 2020 | ||
| 1 | Lead | Apr 2020 | ||
| 1 | Participant | Jun 2019 | ||
| 1 | Participant | Jun 2019 | ||
This data is available for Pro users. Sign up to see all 20 Gatik investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialGatik Competitors
Gatik competitors include listed companies like Aeva and Wuxi Boton Technology, and private ones like Glydways, StradVision, Phantom Auto and TuSimple.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $700M | - | ||
| Private | $32M | - | $279M | 8.7x | ||
| Private | $37M | - | $500M | 13.5x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $18M | ($139M) | $1.1B | 35.6x | ||
| Publicly listed | $516M | $55M | $1.3B | - |
Gatik Public Comps
Gatik is still privately-owned, but its public comps include Duolun Technology, New Trend International Logis-Tech, Elsight, Kodiak AI, Guotai Epoint Sofware, TomTom, e-Hualu, INIT SE, IVU Traffic Technologies and People & Technology.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $60M | $2M | 9.2x | - | 277.1x | - | |||
| $352M | $42M | 1.4x | - | 11.9x | - | |||
| $23M | $6M | 30.7x | 15.3x | 117.5x | 34.5x | |||
| $4M | ($577M) | 233.9x | 98.7x | (1.5x) | (6.6x) | |||
| $274M | $14M | 1.3x | 1.4x | 26.2x | 25.3x | |||
| $639M | $18M | 0.5x | 0.5x | 18.5x | 6.6x | |||
| $69M | ($310M) | 24.1x | - | (5.4x) | - | |||
| $380M | $60M | 1.5x | 1.3x | 9.3x | 8.7x | |||
This data is available for Pro users. Sign up to see all Gatik competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Gatik
| When was Gatik founded? | Gatik was founded in 2017. |
| Where is Gatik headquartered? | Gatik is headquartered in San Francisco, CA, United States. |
| Is Gatik publicly listed? | No, Gatik is a private, VC-backed company. |
| What is Gatik's valuation? | Gatik was last valued at $700M in its Series B in August 2021. |
| How much funding has Gatik raised? | Gatik has raised $346M across 6 funding rounds. |
| What was Gatik's last funding round? | Gatik's last funding round was a $200M Series D in August 2026, led by Koch Disruptive Technologies and Qatar Investment Authority. |
| Who are Gatik's investors? | Gatik's investors include Fontinalis Partners, Innovation Endeavors, Koch Disruptive Technologies, Dynamo, AngelPad, SHAKTI, fm Capital, Qatar Investment Authority, Wittington Ventures, Green D Ventures and 10 others. |
| Which companies are comparable to Gatik? | Companies comparable to Gatik include Glydways, StradVision, Phantom Auto, TuSimple, Aeva and Wuxi Boton Technology. |
See companies similar to Gatik
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