Waymo, formerly the Google self-driving car project, is an autonomous driving technology development company. It is a wholly owned subsidiary of Alphabet Inc.

Waymo is the proven leader in self-driving technology, is the only autonomous vehicle company with a public ride-hailing service, and is successfully scaling its fully driverless experience.

Waymo, Google's development of self-driving technology began in January 17, 2009, at the company's secretive X lab run by co-founder Sergey Brin. The project was originally led by Sebastian Thrun. Waymo is headquartered in Mountain View, California.

 

Waymo has been focused on building the World's Most Experienced Driver to improve the world's access to mobility while saving thousands of lives now lost to traffic crashes. 

 

Waymo has already deployed its autonomous vehicles in Phoenix as a ride-hailing service. The company’s delivery unit, Waymo Via, is also working with freight partners and delivery clients such as UPS to transport goods.

 

Waymo has driven over 20 million miles autonomously on public roads across 25 U.S. cities and driven over 15 billion miles in simulation.

 

Waymo is backed by Alphabet, Andreessen Horowitz, AutoNation, Canada Pension Plan Investment Board, Fidelity Management & Research Company, Magna International, Mubadala Investment Company, Perry Creek Capital, Silver Lake, and others. The company raised $2.5B in a new round Jun 16, 2021. This brings Waymo's total funding to $5.7B to date. Waymo is reportedly valued at $30B. 

 

 

  • Year founded: 2009
  • Funding Info: $5.7B over 3 Rounds (Latest Funding Type: Private Equity)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $30B as of April 2021
  • City/Town: Mountain View
  • State: California
  • Country: United States
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