Waabi logo
AI/ML
Hardware/Robotics
Mobility/Transport

Waabi

AI for autonomous driving technology

CORE INFO

$750M
Total Funding
Series C
Round
2021
Founded
130
Team Size
Toronto, Canada
Headquarters

Waabi is a Canadian AI company specializing in autonomous driving technology, focusing on self-driving trucks and robotaxis. Their flagship product, the Waabi Driver, is an AI system that enables vehicles to operate autonomously, supported by Waabi World, a simulator for virtual testing.

  • Waabi secured $750 million in a Series C funding round co-led by Khosla Ventures and G2 Venture Partners, with Uber committing an additional $250 million for future investments.finsmes.com
  • TechCrunch reported that Waabi partnered with Uber to deploy 25,000 robotaxis on Uber's platform, marking a significant expansion into the robotaxi market.techcrunch.com

WHY WE WOULD WORK AT WAABI

Revolutionize Mobility

Join a mission to transform transportation with cutting-edge AI technology, making autonomous vehicles safer and more efficient.

Innovative Technology

Work with the Waabi Driver and Waabi World, pioneering AI systems that redefine autonomous driving and virtual testing.

Strong Industry Partnerships

Collaborate with major players like Uber and Volvo, leveraging their expertise to deploy real-world applications of autonomous technology.

Rapid Growth Opportunities

Be part of a fast-growing company that has raised $1 billion in funding, positioning itself as a leader in the autonomous vehicle sector.

Safety First Culture

Contribute to a culture that prioritizes road safety, driven by the vision of improving transportation for everyone.

Competitive Compensation

Enjoy attractive compensation packages supported by significant funding, ensuring that your contributions are valued and rewarded.

MARKET AND TRACTION

TOTAL ADDRESSABLE MARKET

  • Waabi operates within the transportation sector, focusing on autonomous trucking and robotaxis, which are rapidly growing markets.

  • The global autonomous vehicle market is projected to reach significant valuations in the coming years, driven by advancements in AI and increasing demand for safer transportation solutions.
  • NOTABLE CUSTOMERS

  • Waabi has partnered with Uber to deploy 25,000 robotaxis powered by the Waabi Driver exclusively on Uber's platform.

  • The company collaborates with Volvo to integrate its self-driving technology into advanced truck platforms, showcasing its commitment to the trucking industry.
  • KEY METRICS

    ✦ KEY METRIC
  • Waabi has raised a total of $750 million in its Series C funding round, marking a significant milestone in its financial growth.

  • The company has secured partnerships with major industry players, including Uber and Volvo, highlighting its strong market position and industry recognition.
  • GROWTH TACTICS

  • Waabi emphasizes innovation and safety in its technology development, focusing on creating scalable and efficient autonomous driving solutions.

  • The company utilizes Waabi World, a high-fidelity simulator, to enhance the testing and development of its autonomous systems, reducing the need for extensive real-world trials.
  • COMPETITIVE ADVANTAGE

  • Waabi's Physical AI Platform, which includes the Waabi Driver and Waabi World, positions it as a leader in the autonomous driving technology space.

  • The company's strong partnerships with industry giants like Uber and Volvo provide it with a competitive edge in deploying its technology in real-world applications.
  • PRODUCT AND TECH

    Waabi Driver

    The Waabi Driver is an end-to-end AI system that enables vehicles to operate autonomously without human intervention, focusing on self-driving trucks and robotaxis. This technology is central to Waabi's mission of revolutionizing mobility and enhancing road safety.

    Waabi World

    Waabi World is a high-fidelity simulator designed for extensive virtual testing of autonomous driving technology. It significantly reduces the need for large-scale real-world trials, allowing for safer and more efficient development of self-driving systems.

    Physical AI Platform

    Waabi's Physical AI Platform encompasses the technologies and methodologies used to create safe and scalable autonomous vehicles. This platform integrates advanced AI techniques to enhance the performance and reliability of self-driving systems.

    Partnerships with Industry Leaders

    Waabi has established strategic partnerships with major companies like Uber and Volvo to deploy its autonomous driving technology in real-world applications. These collaborations not only validate Waabi's innovations but also accelerate the adoption of autonomous vehicles in the transportation sector.

    Funding and Growth Strategy

    With a total funding of $750 million in its Series C round, Waabi is positioned for rapid growth and innovation in the autonomous driving space. This financial backing supports the development of its technologies and expansion into new markets.

    COMPANY CULTURE

    Values

  • Innovation is at the core of our mission

  • Commitment to safety in autonomous transportation

  • Collaboration with industry leaders to enhance technology

  • Focus on revolutionizing mobility through Physical AI

  • Continuous improvement and adaptation in a fast-paced environment
  • Operating Principles

  • Emphasize teamwork and open communication

  • Foster a culture of experimentation and learning

  • Prioritize ethical considerations in AI development

  • Encourage diverse perspectives to drive creativity

  • Maintain transparency in decision-making processes
  • Benefits

  • Competitive salary and equity options

  • Opportunities for professional development and training

  • Flexible work arrangements to support work-life balance

  • Access to cutting-edge technology and resources

  • Collaborative and inclusive work environment
  • Learning & Growth

  • Regular workshops and training sessions on AI advancements

  • Mentorship programs with industry experts

  • Encouragement to pursue innovative projects and research

  • Access to conferences and networking opportunities

  • Support for continuous education and skill enhancement
  • Team Cadence

  • Agile project management to adapt quickly to changes

  • Regular team meetings to align on goals and progress

  • Bi-weekly check-ins to foster team cohesion

  • Open-door policy for feedback and suggestions

  • Celebrating milestones and achievements together
  • COMPENSATION SNAPSHOT

    B
    Comp score vs cohort
    vs. AI/ML · Series C · US
    Based on publicly available compensation ranges from job postings; exact compensation may vary.
    Datan = 9
    $155K – $269Kmedian $212K
    Aggregate
    Engineering IC2n = 3
    $127K – $190Kmedian $159K
    Aggregate
    Engineering IC3n = 4
    $151K – $280Kmedian $216K
    Aggregate
    Engineering IC4n = 3
    $151K – $223Kmedian $187K
    Aggregate
    Engineering IC5n = 22
    $156K – $259Kmedian $208K
    AggregateLos Angeles / Bay Area
    G&An = 3
    $125K – $173Kmedian $149K
    Aggregate
    US-only in v1 · only categories with n > 2 shown · in-person / hybrid / remote treated separately where n ≥ 3