Waymo

United States · Mobility · AI · Robotics

Waymo develops autonomous driving technology and operates a fully driverless ride-hailing service.

Product

Waymo operates an autonomous ride-hailing service built on its Waymo Driver technology. Riders book trips in vehicles that navigate public roads without a human driver at the wheel.

The Alphabet business combines driving software, sensing hardware and fleet operations. It has expanded its commercial service across US cities and is preparing further international deployments.

By October 2026, Waymo said it had launched service in its fifteenth US city. Its expansion requires both continued development of the driving system and the vehicles and operating infrastructure needed to serve more trips.

Funding history

5 rounds · 5 with disclosed amounts
AnnouncedRoundAmountInvestors
Term loan$5BBlackstone — LeadPIMCO — LeadSixth Street — LeadApollo Global Management — ParticipantBlue Owl Capital — ParticipantCapital Group — ParticipantDiameter Capital Partners — ParticipantFidelity Management & Research Company — ParticipantFranklin Templeton — ParticipantHPS Investment Partners — ParticipantLoomis Sayles — ParticipantOaktree Capital Management — ParticipantT. Rowe Price — Participant
Investment round$16BDragoneer Investment Group — LeadDST Global — LeadSequoia Capital — LeadAlphabet — ParticipantAndreessen Horowitz (a16z) — ParticipantBDT & MSD Partners — ParticipantBessemer Venture Partners — ParticipantCapitalG — ParticipantFidelity Management & Research Company — ParticipantGV (Google Ventures) — ParticipantKleiner Perkins — ParticipantMubadala Capital — ParticipantPerry Creek Capital — ParticipantSilver Lake — ParticipantTemasek — ParticipantTiger Global — ParticipantT. Rowe Price — Participant
Series C$5.6BAlphabet — LeadAndreessen Horowitz (a16z) — ParticipantFidelity Management & Research Company — ParticipantPerry Creek Capital — ParticipantSilver Lake — ParticipantTiger Global — ParticipantT. Rowe Price — Participant
Investment round$2.5BAlphabet — ParticipantAndreessen Horowitz (a16z) — ParticipantAutoNation — ParticipantCanada Pension Plan Investment Board — ParticipantFidelity Management & Research Company — ParticipantMagna International — ParticipantMubadala Investment Company — ParticipantPerry Creek Capital — ParticipantSilver Lake — ParticipantTemasek — ParticipantTiger Global — Participant
First external financing (cumulative closes)$3.2BCanada Pension Plan Investment Board — LeadMubadala Investment Company — LeadSilver Lake — LeadAlphabet — ParticipantAndreessen Horowitz (a16z) — ParticipantAutoNation — ParticipantFidelity Management & Research Company — ParticipantMagna International — ParticipantPerry Creek Capital — Participant
Sourceswaymo.com ↗