Argo AI Revenue and Competitors

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Location

$3.6B

Total Funding

Automotive

Industry

Estimated Revenue & Valuation

  • Argo AI's estimated annual revenue is currently $874M per year.(i)
  • Argo AI received $1000.0M in venture funding in February 2017.
  • Argo AI's estimated revenue per employee is $471,900
  • Argo AI's total funding is $3.6B.
  • Argo AI's current valuation is $7.3B.

Employee Data

  • Argo AI has 1852 Employees.(i)
  • Argo AI grew their employee count by 60% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1846.6M399739%N/AN/A
#2
$1368.7M29187%$5.5B$30B
#3
$46850M7429521%$20.2B$1.1T
#4
$55.6M19329%$2.1B$8.2B

Argo AI was founded to tackle one of the most challenging applications in computer science, robotics and artificial intelligence with self-driving vehicles. Argo is developing and deploying the latest advancements in artificial intelligence, machine learning and computer vision to help build safe and efficient self-driving vehicles that enable these transformations and more. The challenges are significant, but we are a team that believes in tackling hard, meaningful problems to improve the world. We're led by self-driving experts with decades of experience in developing intelligent systems, and with the organizational leadership necessary to lead a successful, focused team. With headquarters in Pittsburgh and engineering hubs in Southeastern Michigan, the Bay Area of California and Princeton New Jersey, we are building a high-performance team that captures the best talent in each market. Please go to argo.ai to see our open positions!

keywords:Robotics, Artificial Intelligence, Transportation, Hybrid Vehicles

$3.6B

Total Funding

1852

Number of Employees

$874M

Revenue (est)

60%

Employee Growth %

$7.3B

Valuation

N/A

Accelerator

Argo AI News

2022-04-13 - Self-driving car maker Argo AI plans test facility in South Carolina

Argo AI's $2.6 million investment in Greenville County is expected to create 40 new jobs, according to a news release.

2022-04-13 - Autonomous vehicle company Argo AI establishing operations ...

COLUMBIA, S.C. – Argo AI (Argo), a global autonomy products and services company, will establish a test facility in Greenville County.

2022-04-13 - Self-driving vehicle tech company Argo AI investing $2.6M for ...

Argo AI, which operates across the U.S. and Europe, will establish a closed-course track in the SC Technology and Aviation Center — SCTAC,...

2020-06-01 - Self-driving vehicle startup Argo AI completes $2.6B deal with Volkswagen, expands to Europe

Volkswagen Group finalized Tuesday its $2.6 billion investment into Argo AI, the Pittsburgh-based self-driving car startup that came out of stealth in 2017 with $1 billion in backing from Ford. The deal turns Argo into a global company with two customers — VW and Ford — as well as operations in ...

2020-06-01 - Argo closes $2.6 billion round from VW at a $7.25 billion valuation

Argo AI, the self-driving startup with close ties to automaker Ford, today announced the close of a $2.6 billion investment from Volkswagen (VW) that was first revealed in summer 2019. The raise values the company at $7.25 billion, up slightly from the roughly $7 billion Argo was valued at last ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$2690M19095%N/A
#2
$273.7M19557%N/A
#3
$413.5M203787%N/A
#4
$4780M21032%$350M
#5
$1128M251027%N/A

Argo AI Funding

DateAmountRoundLead InvestorsReference
2017-02-15$1000.0MUndisclosedFord Motor CompanyArticle