Fundraising Fox

Serve Robotics

NASDAQ: SERV

Redwood City, US · Founded 2021 · Delaware corporation · 11 known investors

Serve Robotics builds autonomous sidewalk delivery robots, including its robot "Saymo", designed to make short-distance deliveries such as food. The company emphasizes safety for the public, its employees, and customer data.

Founders & leadership

Serve Robotics was founded in 2021 by Ali Kashani.

AKAli Kashani
Ali KashaniinCo-founder & CEOVenture Partner at Think+ Ventures Management, Llc
EAEuan Abraham
Euan AbrahamExecutive
BRBrian Read
Brian ReadExecutive
TPTouraj Parang
Touraj ParangExecutive
AP
Ali PourdadNamed on SEC filing
AP
April PannellNamed on SEC filing

Board

SM
Sarfraz MarediaBoard director
JB
James Buckly JordanBoard director
SM
Sarfaz MarediaBoard director
DG
David GoldbergBoard director
OV
Olivier VincentBoard director

Investors · 11

Reported raises · per SEC filings

Form D private placements

$37.1M disclosed across 5 rounds · 2023–2024

$5MraisedSep 2024 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ali KashaniExecutive Officer, Director
  • David GoldbergDirector
  • Touraj ParangExecutive Officer, Director
  • Brian ReadExecutive Officer
  • Sarfraz MarediaDirector
  • James Buckly JordanDirector
  • Olivier VincentDirector
  • Euan AbrahamExecutive Officer
Offering amount
$5M
Amount sold
$5M
Minimum investment
$5M
Sales commissions
$1.2M
Placement agents
Aegis Capital Corp.
First sale
Aug 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$15MraisedAug 2024 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Euan AbrahamExecutive Officer
  • Brian ReadExecutive Officer
  • David GoldbergDirector
  • Sarfraz MarediaDirector
  • Olivier VincentDirector
  • Ali KashaniExecutive Officer, Director
  • Touraj ParangExecutive Officer, Director
  • James Buckly JordanDirector
Offering amount
$15M
Amount sold
$15M
Minimum investment
$15M
Sales commissions
$1.1M
Placement agents
Aegis Capital Corp.
First sale
Jul 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3MraisedJan 2024 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • TOURAJ PARANGExecutive Officer, Director
  • SARFRAZ MAREDIADirector
  • Ali KashaniExecutive Officer, Director
  • OLIVIER VINCENTDirector
  • ALI POURDADDirector
  • APRIL PANNELLExecutive Officer
  • EUAN ABRAHAMExecutive Officer
  • JAMES BUCKLY JORDANDirector
Offering amount
$5M
Amount sold
$3M
Sales commissions
$150K
Placement agents
Network 1 Financial Securities, Inc.
First sale
Jan 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$11.1MraisedAug 2023 · 71 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ali PourdadDirector
  • Ali KashaniExecutive Officer, Director
  • Olivier VincentDirector
  • Euan AbrahamExecutive Officer
  • Touraj ParangExecutive Officer, Director
  • April PannellExecutive Officer
  • James Buckly JordanDirector
  • Sarfaz MarediaDirector
Offering amount
$37M
Amount sold
$11.1M
Sales commissions
$689.8K
Placement agents
Aegis Capital Corp., Network 1 Financial Securities, Inc.
First sale
Jul 2023
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3MraisedMay 2023 · 39 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ali KashaniExecutive Officer, Director
  • Touraj ParangExecutive Officer, Director
  • James Buckly JordanDirector
Offering amount
$3M
Amount sold
$3M
Minimum investment
$5K
Sales commissions
$239.4K
Placement agents
Network 1 Financial Securities, Inc., Laidlaw & Company (UK) Ltd.
First sale
Apr 2023
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

3 people who came through Serve Robotics went on to found or lead other companies.

Competitors · 7

by search overlap
RobotLAB215 shared keywordsRobotLAB is America's largest commercial robotics and AI integrator that sells, deploys, trains, and services robots across hospitality, healthcare, retail, education, warehouse, and office environments. The company serves Fortune 500 enterprises, schools, hospitals, and local businesses, offering full-lifecycle robotics solutions including site surveys, custom programming, staff training, and ongoing support.
Coco Delivery121 shared keywordsCoco Delivery manufactures autonomous delivery vehicles designed for urban deliveries. The company operates in multiple US cities and Europe, serving merchants and delivery operators.
Amogy110 shared keywordsAmogy develops patented ammonia cracking technology that converts ammonia into electric power for hydrogen fuel cells and engines, targeting decarbonization of heavy industries including transportation and maritime. The company offers modular ammonia-to-power systems and high-efficiency catalysts as alternatives to diesel and hydrogen fuel solutions.
Starship Technologies110 shared keywordsStarship develops autonomous robots for last-mile delivery of groceries, food, and packages to customers. The company operates robots across 300+ service areas globally, positioning itself as the leading sidewalk autonomous delivery provider.
Standard Bots104 shared keywordsStandard Bots builds six-axis industrial robots and application-specific automation cells for tasks such as CNC machine tending, welding, palletizing, pick and place, surface finishing, and inspection. It serves manufacturers ranging from Fortune 500s to independent shops, with a stated focus on US-based manufacturing.
Grubhub92 shared keywordsChicago-based online food ordering and delivery platform, formerly NYSE-listed, now owned by Marc Lore's Wonder Group.
Uber89 shared keywordsUber operates a multi-sided platform providing ride-sharing, food delivery, freight logistics, and business fleet management services across various global markets.

Companies competing with Serve Robotics for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Serve Robotics do?
Serve Robotics builds autonomous sidewalk delivery robots, including its robot "Saymo", designed to make short-distance deliveries such as food. The company emphasizes safety for the public, its employees, and customer data.
Who founded Serve Robotics?
Serve Robotics was founded by Ali Kashani in 2021.
Who are Serve Robotics's investors?
Serve Robotics's investors include Good AI Capital, Graph Ventures, Industrious Ventures, Long Journey Ventures, One Planet Group, Sterling Road, Think+ Ventures Management, Llc, Mana Ventures and 3 more.
How much funding has Serve Robotics raised?
Serve Robotics has disclosed $37.1M raised across 5 rounds.
Where is Serve Robotics headquartered?
Serve Robotics is headquartered in Redwood City, US.