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- Reliable Robotics Corporation
Reliable Robotics Corporation Funding, Investors & Competitors
Reliable Robotics Corporation has raised $294M across 5 funding rounds, most recently a $160M Series D in April 2026.
Last Reliable Robotics Corporation funding round
$160M
Series D · Apr 2026
Cumulative funding Reliable Robotics Corporation raised
$294M
across 5 funding rounds
Key investors in Reliable Robotics Corporation
Lightspeed Venture Partners
Pathbreaker Ventures
Eclipse Ventures
Coatue
Teamworthy Ventures
Gaingels
Mana Ventures
Presidio Ventures
About Reliable Robotics Corporation
Reliable Robotics Corporation is a Mountain View-headquartered developer of autonomous flight systems founded in 2017. The company certifies retrofit automation for Cessna Caravan aircraft, enabling remote piloting for cargo operations and expanding to passenger services worldwide.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales, Licensing
Reliable Robotics Corporation Funding History
Reliable Robotics Corporation has raised a total of $294M across 5 funding rounds.
Reliable Robotics Corporation's first fundraising round was a $9M Series A in September 2017. The most recent completed round was a $160M Series D in April 2026.
Reliable Robotics Corporation funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2026 | Series D | Nimble Partners (lead); Eclipse Ventures; Calm Ventures; UP Partners; AE Ventures; Lightspeed Venture Partners; Pathbreaker Ventures; KAS Venture Partners; Gaingels; Mana Ventures; Coatue; What If Ventures; Presidio Ventures | $160M | Reliable Robotics raised $160 million in a Series D funding round led by Nimble Partners, with participation from existing investors Eclipse, Lightspeed, Coatue, and Pathbreaker Ventures, alongside new investors including Island Green Capital, Socium Ventures, AE Ventures, RTX Ventures, Presidio Ventures, UP.Partners, KAS Venture Partners, What If Ventures, Calm Ventures, Gaingels, and Mana Ventures. The funding accelerates deployment and scales production of the Reliable Autonomy System (RAS), the first FAA-certifiable system for fully automated aircraft operations, targeting autonomous cargo operations in 2026. Reliable Robotics develops retrofit autonomous flight systems for aircraft like Cessna, enabling uncrewed cargo flights for commercial and military customers, with commitments for over 200 systems and selection for the U.S. Department of Transportation’s Advanced Air Mobility Integration Pilot Program. The company, based in Mountain View, California, has nearly tripled its workforce to 180 employees since its previous round and plans continued hiring and production facility expansion toward commercial deployment. |
| Mar 2026 | Series D | Sahin Boydas | - | - |
| Oct 2021 | Series C | Coatue (lead); Eclipse Ventures; Teamworthy Ventures; Lightspeed Venture Partners; Pathbreaker Ventures | $100M | Reliable Robotics Corporation develops automated aviation systems to enable safer, more available, and affordable air transportation for goods and eventually people. The company, founded in 2017 and based in Mountain View, California, focuses on highly reliable robotic aviation technology. On October 14-15, 2021, Reliable Robotics raised $100 million in a Series C funding round led by Coatue Management, with participation from Lightspeed Venture Partners, Eclipse Ventures, Pathbreaker Ventures, and Teamworthy Ventures. This round brought the company's total funding to over $133 million across three rounds: Series A ($8.5M in 2017), Series B ($25M in 2019), and Series C ($100M in 2021). The company had around 142 employees as of recent estimates and continues to advance autonomous cargo plane technology, aiming to handle take-off and landing autonomously. Total funding reached approximately $143M including grants, with investors also including Air Force Research Laboratory and NASA. |
| Mar 2019 | Series B | Eclipse Ventures (lead); Teamworthy Ventures; Lightspeed Venture Partners; Pathbreaker Ventures | $25M | Reliable Robotics Corporation, founded in 2017 in Mountain View, CA, develops automated aviation systems to make air transportation safer, more convenient, and transformative for goods and people. The company emerged from stealth in 2020 but had prior funding rounds, including a Series B of $25 million around March 6, 2019, with investors Eclipse Ventures, Teamworthy Ventures, Pathbreaker Ventures, and Lightspeed Venture Partners. Earlier, a Series A raised $8.5 million from Lightspeed, Pathbreaker, and others. Total funding across rounds reached $133.5 million by later stages, including a $100 million Series C in 2021 led by Coatue with participation from Lightspeed, Eclipse, Teamworthy, and Pathbreaker, and additional amounts like $33.5 million noted in some reports for Series A/B extensions. The 2019 Series B funds supported development of autonomous flight technologies, with the company demonstrating remote operation of a large commercial aircraft over a metropolitan area that year, marking an aviation first for a private U.S. company. Reliable also partnered with NASA for advanced air mobility testing and received FAA authorizations for experimental unmanned flights. Reliable Robotics aims to unlock underutilized regional airports for cargo operations initially, with plans to expand to passengers, enhancing aircraft utilization for low-cost, anytime flights. Led by former SpaceX and Tesla engineer Robert Rose, the startup positions itself against competitors like Shield AI, Elroy Air, and Merlin Labs in autonomous aviation. Recent developments include appointing a CFO in 2025 and grants from AFWERX and Air Force Research Laboratory, with total raised exceeding $143 million. |
| Sep 2017 | Series A | Lightspeed Venture Partners (lead); Pathbreaker Ventures | $9M | Reliable Robotics Corporation raised $8.5 million in its Series A funding round on September 12, 2017, from Lightspeed Venture Partners and Pathbreaker Ventures. The company, founded in 2017 and based in Mountain View, California, develops automated aviation systems to enable safer, more convenient air transportation for goods and people. Lightspeed Venture Partners served as the lead investor in this round. |
Who has invested in Reliable Robotics Corporation?
15 investors have backed Reliable Robotics Corporation across its funding rounds, including Lightspeed Venture Partners, Pathbreaker Ventures, Eclipse Ventures, Coatue, Teamworthy Ventures and Gaingels.
Lead investors include Nimble Partners, Coatue, Eclipse Ventures and Lightspeed Venture Partners.
Reliable Robotics Corporation Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Sep 2017 | ||
| 4 | Participant | Sep 2017 | ||
| 3 | Lead | Mar 2019 | ||
| 2 | Participant | Mar 2019 | ||
| 2 | Lead | Oct 2021 | ||
| 1 | Lead | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
This data is available for Pro users. Sign up to see all 15 Reliable Robotics Corporation 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 TrialReliable Robotics Corporation Competitors
Reliable Robotics Corporation competitors include listed companies like UBtech Robotics and Cidi, and private ones like Didi Woya, Momenta, Waabi and Cowarobot.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $298M | ($108M) | $5.1B | 9.5x | ||
| Private | - | - | $5B | - | ||
| Private | $76M | - | $5B | - | ||
| Private | - | - | $3.8B | - | ||
| Private | $140M | - | $3B | 21.4x | ||
| Publicly listed | $132M | ($155M) | $1.3B | 5.0x |
Reliable Robotics Corporation Public Comps
Reliable Robotics Corporation is still privately-owned, but its public comps include Tesla, Stryker, General Motors, Unitree Robotics, SAIC Motor, Zebra, Aurora Innovation, Cognex, XPENG and Aptiv.
| 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 | |||
| $25B | $6.3B | 4.7x | 4.5x | 18.8x | 15.6x | |||
| $185B | $15B | 1.0x | 1.0x | 12.1x | 8.5x | |||
| $253M | $55M | 118.8x | - | 548.5x | - | |||
| $98B | $7.1B | 0.1x | 0.1x | 1.5x | 2.3x | |||
| $5.4B | $853M | 3.6x | 3.2x | 22.6x | 13.8x | |||
| $3M | ($786M) | 3957.3x | 1040.1x | (15.1x) | (15.5x) | |||
| $994M | $214M | 10.0x | 9.0x | 46.4x | 31.7x | |||
This data is available for Pro users. Sign up to see all Reliable Robotics Corporation competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Reliable Robotics Corporation
| When was Reliable Robotics Corporation founded? | Reliable Robotics Corporation was founded in 2017. |
| Where is Reliable Robotics Corporation headquartered? | Reliable Robotics Corporation is headquartered in San Francisco, CA, United States. |
| Is Reliable Robotics Corporation publicly listed? | No, Reliable Robotics Corporation is a private, VC-backed company. |
| How much funding has Reliable Robotics Corporation raised? | Reliable Robotics Corporation has raised $294M across 5 funding rounds. |
| What was Reliable Robotics Corporation's last funding round? | Reliable Robotics Corporation's last funding round was a $160M Series D in April 2026, led by Nimble Partners. |
| Who are Reliable Robotics Corporation's investors? | Reliable Robotics Corporation's investors include Lightspeed Venture Partners, Pathbreaker Ventures, Eclipse Ventures, Teamworthy Ventures, Coatue, Nimble Partners, Calm Ventures, UP Partners, Sahin Boydas, AE Ventures and 5 others. |
| Which companies are comparable to Reliable Robotics Corporation? | Companies comparable to Reliable Robotics Corporation include UBtech Robotics, Didi Woya, Momenta, Waabi, Cowarobot and Cidi. |
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