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Serve Robotics Announces Full Year 2024 Results and Expansion Plans

Mar 06, 2025•over 1 year ago

Contract Type

partnership

Los AngelesOtherSoftwareTransportation

Description

Serve Robotics announced their financial results for the fourth quarter and full year 2024, with a full year revenue of $1.8 million and ending 2024 cash of $123 million. They also reported continued geographic expansion and significant strides in executing their expansion plans. Dr. Ali Kashani, Serve's Co-founder and CEO, highlighted the company's transformational year and their progress towards deploying 2,000 robots across the U.S

Company Information

Company

Serve Robotics

Location

Los Angeles, California, United States

About

Serve Robotics is shaping the future of sustainable, self-driving delivery. The company designs, develops and operates zero-emissions rovers that serve people in public spaces, starting with food delivery. Founded in 2017 as the robotics division of Postmates, Serve set out to build a robotic delivery experience that delights customers, improves reliability for merchants, and reduces vehicle emissions to zero. Four years later, the company's self-driving rovers have successfully completed tens of thousands of contactless deliveries in Los Angeles and San Francisco. Spun off as an independent company in February 2021, Serve is backed by Uber and other world-class investors. Serve has several established commercial partnerships and continues to expand its partner platform. Find out more at www.serverobotics.com, follow us on social media via Twitter and Instagram, or apply to join our team on LinkedIn.

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