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- Outrider
Outrider Funding, Investors & Competitors
Outrider has raised $253M across 5 funding rounds, most recently a $62M Series D in October 2024.
Last Outrider funding round
$62M
Series D · Oct 2024
Cumulative funding Outrider raised
$253M
across 5 funding rounds
Key investors in Outrider
New Enterprise Associates
Koch Disruptive Technologies
8VC
Schematic Ventures
Prologis Ventures
fm Capital
GOOSE Capital
NVentures
About Outrider
Outrider is an autonomy software provider deploying electric self-driving yard trucks at logistics facilities across North America. Mountain View-headquartered and founded in 2019, it equips vehicles with lidar, radar, and AI for trailer loading, unloading, and repositioning. The platform integrates with warehouse management systems from Manhattan Associates and Blue Yonder. Outrider partners with GXO Logistics and Dot Foods to replace forklifts in hazardous zones, achieving zero-emission operations at sites in Colorado and Georgia.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services, Subscription
Outrider Funding History
Outrider has raised a total of $253M across 5 funding rounds.
Outrider's first fundraising round was a $45M Series A in February 2020. The most recent completed round was a $62M Series D in October 2024.
Outrider funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2024 | Series D | Koch Disruptive Technologies (lead); New Enterprise Associates (lead) | $62M | Outrider is a Brighton, Colorado-based autonomous yard operations company that develops robotic software and systems to automate logistics hub operations. The company specializes in autonomous yard operations as a service for Fortune 500 customers across industries including package shipping, retail and ecommerce, consumer packaged goods, and automotive. Outrider's proprietary technology includes safety systems, robotic-arm-based systems for trailer air and electric line connections, and systems capable of navigating complex and chaotic yard environments. In October 2024, Outrider closed a $62 million Series D financing round led by Koch Disruptive Technologies and New Enterprise Associates, with additional investments from 8VC, ARK Invest, B37 Ventures, FM Capital, Interwoven Ventures, NVentures (NVIDIA's venture capital arm), and Prologis Ventures. The funding was directed toward commercial scaling of autonomous yard operations with Fortune 500 customers planned for 2025 and protecting patented innovations. Outrider has raised over $250 million in total equity capital across six funding rounds since inception. The company's customer base represents over 20 percent of all yard trucks operating in North America, and customers have been involved in product testing and pilot deployments since 2019. |
| Jan 2023 | Series C | fm Capital (lead); Lineage Ventures; NVentures; New Enterprise Associates; Abu Dhabi Investment Authority; B37 Ventures; Koch Disruptive Technologies; Interwoven Ventures; ROBO Global; Presidio Ventures | $73M | Outrider is a Colorado-based autonomous vehicle company specializing in yard operations automation for logistics hubs. The company develops autonomous electric yard trucks and software platforms to automate distribution yard operations, helping large enterprises improve safety and efficiency while reducing manual, hazardous tasks. With customers representing over 20 percent of all yard trucks operating in North America, Outrider has positioned itself as the pioneer and leader in autonomous yard operations. In January 2023, Outrider closed a $73 million Series C financing round led by FM Capital. New investors participating included the Abu Dhabi Investment Authority (ADIA), NVentures (NVIDIA's venture capital arm), B37 Ventures, Lineage Ventures, Presidio Ventures (Sumitomo Corporation's venture arm), and ROBO Global Ventures. Existing investors Koch Disruptive Technologies and New Enterprise Associates also participated. This round brought Outrider's total funding to $191 million at that time. The capital raised in the Series C was designated for expanding the company's workforce beyond its then-175-person team both domestically and internationally, and for transitioning from testing and validation phases to commercial operations at scale. The company aimed to productize its autonomous systems and scale to thousands of systems operating on Outrider software over subsequent years. CEO Andrew Smith emphasized the engineering challenge of creating an industrial-grade system capable of operating continuously in harsh environments. Following the Series C, Outrider continued to attract investment. In 2024, the company raised an additional $62 million in a Series D round led by Koch Disruptive Technologies and New Enterprise Associates, bringing total equity capital raised to approximately $250 million. This subsequent funding was directed toward commercial scaling of autonomous yard operations as a service with Fortune 500 customers in 2025 and expansion to hundreds of systems addressing additional use cases. |
| Oct 2020 | Series B | Koch Disruptive Technologies (lead); 8VC; New Enterprise Associates; Evolv Ventures; Prologis Ventures; GOOSE Capital; Henry Crown and Company; Schematic Ventures | $65M | Outrider is an autonomous yard operations platform serving logistics hubs and distribution centers. The company provides a three-component system encompassing management software, self-driving vehicles, and site infrastructure designed to automate trailer movement in yard operations. In October 2020, Outrider closed a $65 million Series B funding round led by Koch Disruptive Technologies, with participation from existing investors NEA, 8VC, and Prologis Ventures, plus new investors Evolv Ventures and Henry Crown and Company. At the time of the Series B, the company had raised $118 million in total funding since February 2020, when it emerged from two years in stealth mode with simultaneous Seed and Series A rounds totaling $53 million. Outrider had achieved significant traction by October 2020, operating with over 110 employees and serving five Fortune 200 customers with completed pilot programs. The company had been recognized by Gartner as a "Cool Vendor in Supply Chain Execution Technologies." The Series B funding was designated to support scaling and enhancing autonomous yard technology capabilities. |
| Feb 2020 | Seed | New Enterprise Associates (lead) | $9M | Outrider develops autonomous yard operations technology for logistics hubs to improve safety and efficiency by automating hazardous manual tasks. In February 2020, the company raised $8.5 million in a seed round led by New Enterprise Associates to kickstart development of its technology. A separate Series A round of $44.5 million followed in February 2020 led by 8VC to expand the team and accelerate product development. Some sources report a combined Seed and Series A of $53 million on February 20, 2020, with participation from New Enterprise Associates, Deepwater Asset Management, Fraser McCombs Capital, Koch Disruptive Technologies, Prologis Ventures, and Schematic Ventures. |
| Feb 2020 | Series A | 8VC (lead); fm Capital; New Enterprise Associates; Prologis Ventures; GOOSE Capital; Koch Disruptive Technologies; Schematic Ventures; Loup Ventures | $45M | Outrider develops autonomous yard operations technology for logistics hubs, focusing on automating hazardous and repetitive tasks like trailer loading and unloading to improve safety and efficiency in distribution yards. The company emerged from stealth in February 2020 with a combined seed and Series A funding totaling around $53 million, including an $8.5 million seed round led by New Enterprise Associates in 2018-2019 and a $44.5 million Series A led by 8VC, backed by investors such as NEA, 8VC, Prologis Ventures, and others matching the query. This funding aimed to expand the team, accelerate product development, and kickstart autonomous yard trucking technology. The Series A round on approximately February 19, 2020, featured lead investor 8VC alongside fm Capital (noted in later rounds but aligned), GOOSE Capital, Koch Disruptive Technologies, Loup Ventures (potentially under Fraser McCombs), New Enterprise Associates, Prologis Ventures, and Schematic Ventures, enabling Outrider to advance its zero-emission autonomous systems for sustainable freight transportation. Following the Series A, Outrider raised a $65 million Series B in October 2020 led by Koch Disruptive Technologies, with participation from existing investors including 8VC, NEA, and Prologis Ventures, bringing total funding to $118 million at that point. The company completed pilot programs with customers like Georgia-Pacific and grew to 110 employees by late 2020. |
Who has invested in Outrider?
17 investors have backed Outrider across its funding rounds, including New Enterprise Associates, Koch Disruptive Technologies, 8VC, Schematic Ventures, Prologis Ventures and fm Capital.
Lead investors include Koch Disruptive Technologies, New Enterprise Associates, fm Capital and 8VC.
Outrider Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Feb 2020 | ||
| 4 | Lead | Feb 2020 | ||
| 2 | Lead | Feb 2020 | ||
| 2 | Lead | Feb 2020 | ||
| 2 | Participant | Feb 2020 | ||
| 2 | Participant | Feb 2020 | ||
| 2 | Participant | Feb 2020 | ||
| 1 | Participant | Jan 2023 | ||
| 1 | Participant | Jan 2023 | ||
| 1 | Participant | Jan 2023 | ||
| 1 | Participant | Jan 2023 | ||
| 1 | Participant | Oct 2020 | ||
| 1 | Participant | Jan 2023 | ||
This data is available for Pro users. Sign up to see all 17 Outrider investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialOutrider Competitors
Outrider competitors include listed companies like EquipmentShare.com and Wuxi Boton Technology, and private ones like UISEE, TuSimple, Gatik and Glydways.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $700M | - | ||
| Private | - | - | $700M | - | ||
| Publicly listed | $4.4B | $704M | $4.6B | 1.8x | ||
| Publicly listed | $516M | $55M | $1.3B | - |
Outrider Public Comps
Outrider is still privately-owned, but its public comps include Tesla, General Motors, Roper Technologies, Dassault Systemes, SAIC Motor, Aurora Innovation, Manhattan Associates, XPENG, Full Truck Alliance and WiseTech Global.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $95B | $10B | 15.0x | 13.8x | 140.8x | 97.4x | |||
| $185B | $15B | 1.0x | 1.0x | 12.1x | 8.5x | |||
| $7.9B | $3.2B | 6.1x | 5.7x | 15.2x | 14.6x | |||
| $7.2B | $2.2B | 4.0x | 4.0x | 13.2x | 11.2x | |||
| $98B | $7.1B | 0.1x | 0.1x | 1.5x | 2.3x | |||
| $3M | ($786M) | 3957.3x | 1040.1x | (15.1x) | (15.5x) | |||
| $1.1B | $288M | 11.2x | 10.6x | 42.2x | 29.7x | |||
| $11B | $156M | 1.1x | 1.0x | 80.6x | (74.9x) | |||
This data is available for Pro users. Sign up to see all Outrider competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Outrider
| When was Outrider founded? | Outrider was founded in 2017. |
| Where is Outrider headquartered? | Outrider is headquartered in United States. |
| Is Outrider publicly listed? | No, Outrider is a private, VC-backed company. |
| How much funding has Outrider raised? | Outrider has raised $253M across 5 funding rounds. |
| What was Outrider's last funding round? | Outrider's last funding round was a $62M Series D in October 2024, led by Koch Disruptive Technologies and New Enterprise Associates. |
| Who are Outrider's investors? | Outrider's investors include New Enterprise Associates, Koch Disruptive Technologies, fm Capital, 8VC, Prologis Ventures, GOOSE Capital, Schematic Ventures, Lineage Ventures, NVentures, Abu Dhabi Investment Authority and 7 others. |
| Which companies are comparable to Outrider? | Companies comparable to Outrider include UISEE, TuSimple, Gatik, Glydways, EquipmentShare.com and Wuxi Boton Technology. |
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