ALSO achieves unicorn status with $200 million Series C funding and partnership with DoorDash
Here's what it means for you.
The rise of micromobility solutions like ALSO's could reshape last-mile delivery, impacting logistics and urban transport strategies.
What happened
On March 31, 2026, ALSO raised $200 million in Series C funding, achieving a valuation exceeding $1 billion and forming a partnership with DoorDash for autonomous delivery vehicles.
The Context
- ALSO's Origins: The company spun out from Rivian in 2025, focusing on electric vehicles tailored for urban environments.
- Strategic Partnership: The collaboration with DoorDash aims to develop autonomous small electric vehicles, enhancing efficiency in last-mile delivery.
- Funding Growth: With this latest round, ALSO's total funding has reached approximately $505 million, reflecting increasing demand for micromobility solutions.
The Number
—this post-money valuation signifies a strong market confidence in micromobility and autonomous delivery solutions, areas that are becoming critical in urban logistics.
Takeaway
Expect to see initial deployments of autonomous vehicles in the U.S. by 2026, with potential international expansion thereafter.
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