Aurora

Company

Investment-firm

Last deal

$483M

Amount

Post-IPO Equity

Stage

01.08.2024

Date

3

all rounds

$2.79B

Total amount

Financing round

General

About Company
Aurora is revolutionizing transportation with self-driving technology.

Industry

Sector :

Subsector :

Also Known As

Aurora Innovation

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Aurora Innovation Inc, founded in 2017, develops the Aurora Driver, a platform that combines software, hardware, and data services to enable autonomous operation of various vehicles. The company partners with industry leaders like Toyota, Uber, and FedEx, and tests its vehicles in multiple locations including the Bay Area and Pittsburgh. With offices in several states, Aurora is making transportation safer, more accessible, and efficient.
Contacts

Contact Email

Phone number

Social url

Legal Names

Legal name

Aurora Innovation, Inc.
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Financials

Funding Rounds
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3

Number of Funding Rounds

$2.79B

Money Raised

Their latest funding was raised on 01.08.2024. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.08.2024
$483M
19.07.2023
$220M
04.11.2021
12
$1B
Investments
1
Date 
name 
Lead 
type 
Raised 
08.06.2021
No
$73.69M
Local Amount - CAD 100M
Waabi

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Software and Computer Services

Subsector

Software

Keywords

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Co-Investors
Investors
23
3

Number of lead investors

23

Number of investors

Investor 
Lead 
Round 
Partners 
No
Series B
No
Series B
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Mike Volpi

Mike Volpi

Mike joined Index Ventures in 2009 to help establish the firm's San Francisco office with Danny Rimer. Mike invests primarily in infrastructure, open-source, and artificial intelligence companies. Within the Index portfolio, Mike is currently serving on the boards of Aurora,Cockroach Labs, Confluent, Elastic, Kong, Sonos, Wealthfront, and Zuora. He also serves on the board for Fiat Chrysler Automotive. Mike was previously a director of Blue Bottle Coffee, Hortonworks, and Pure Storage. Mike held several executive positions prior to Index, including Chief Strategy Officer and SVP/GM of Cisco's routing business. Mike managed a P&L in excess of $10 billion in revenues, and his team was responsible for the acquisition of over 70 companies, some of which were multi-billion deals. Mike has a B.S in mechanical engineering and an M.S. in manufacturing systems engineering from Stanford, and an M.B.A. from the Stanford Graduate School of Business. He currently serves on the Global Advisory Board of Stanford's Knight Hennessy Scholars program.

current job

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Acquisitions
3
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acquirer

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date

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type

Acquisition
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Sector

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Subsector

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acquirer

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date

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type

Acquisition
Uber Advanced Technologies Group

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Sector

Industrial Transportation

Subsector

Commercial Vehicles and Parts

Location

Pittsburgh, PA, USA

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total raised

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Blackmore Sensors and Analytics acquired by Aurora

Blackmore Sensors and Analytics acquired by Aurora

acquirer

Aurora
Aurora

date

23.05.2019

type

Acquisition
Blackmore Sensors and Analytics

Blackmore Sensors and Analytics

Blackmore Sensors and Analytics develops lidar imaging technology for autonomous vehicles.

Sector

Electronic and Electrical Equipment

Subsector

Gauges and Meters

Keywords

Transportation, Software, Automotive

Location

Bozeman, MT, USA

total rounds

2

total raised

$21.5M

People

Founders
3
Sterling Anderson
Sterling Anderson

Sterling Anderson

Sterling Anderson is the co-founder and Chief Product Officer of Aurora, the company delivering the benefits of self-driving technology safely, quickly, and broadly. A longtime developer of autonomous vehicle technology, Sterling developed the MIT Intelligent Co-Pilot, a shared autonomy framework that paved the way for broad advances in cooperative control of human-machine systems. In 2014, he joined Tesla, where he lead the design, development, and launch of the Tesla Model X, then led the team that delivered Tesla Autopilot. Sterling holds several patents and over a dozen publications in autonomous vehicle systems, and an MS and PhD from MIT.

current job

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Sterling Anderson

Chris Urmson
Chris Urmson

Chris Urmson

Chris Urmson is the chief executive officer and co-founder of Aurora, where he leads a world-class team in bringing self-driving technology to the transportation industry quickly, broadly, and safely. Over the last 15 years Chris has worked to advance self-driving technology and bring it to market. Chris helped found the self-driving car team at Alphabet and led the team for seven years. Prior, Chris was a faculty member at Carnegie Mellon University, and was the technical director for the winning team of the 2007 DARPA Urban Challenge. Chris has a Ph.D in Robotics from Carnegie Mellon University.

current job

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count Of Investments

1

Chris Urmson

J. Andrew Bagnell
J. Andrew Bagnell

J. Andrew Bagnell

Dr. J. Andrew (Drew) Bagnell is an Assistant Research Professor at Carnegie Mellon University’s Robotics Institute and National Robotics Engineering Center (NREC) and is cross-appointed with the Machine Learning Department. His research focuses on machine learning for automated decision making, machine perception, adaptive control, optimization and planning under uncertainty. Some of Dr. Bagnell's key contributions include developing the first reinforcement learning algorithm for helicopter control, developing inverse optimal control methods for imitation learning in both field and legged robotics, and developing machine learning techniques for automated 2D/3D perception and control on programs ranging from commercial driver assistance to autonomous mining. Dr. Bagnell received a B.Sc. in Electrical Engineering with highest honors from the University of Florida in 1998. He joined the Robotics Institute at Carnegie Mellon University in 2000 as a National Science Foundation Graduate Fellow, receiving an MS and PhD in Robotics in 2002 and 2004 respectively. He has spent the last decade working in machine learning and robotics, has over 30 peer-reviewed publications, and regularly serves on the senior program committee and as an associate editor in top conferences and journals in the field.

current job

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Aurora

count Of Investments

1

J. Andrew Bagnell

Employee Profiles
49

Deepa Kalani

Principal Software Engineer

Kendra Phillips

Kendra Phillips

VP, Logistics Partner Programs & Operations

Richard Tame

Richard Tame

CFO

Anthony Stentz

Anthony Stentz

Vice President of Systems, Safety Engineering & Validation

Daryn Nakhuda

Daryn Nakhuda

Senior Director of Software Engineering

Will Johnson

Will Johnson

Senior Staff Tech Lead Manager

Yanbing Li

Yanbing Li

Senior Vice President Of Engineering

Sen Lin

Director of Integrated Photonics

Activity

Recent News
4