Argo AI

Argo AI is a technology platform company that is working with leading automakers to deliver a fully integrated self-driving system that can be manufactured at scale for safe and reliable deployment in ride sharing and goods delivery services.

Argo AI aims to make transportation safer, more accessible, affordable and convenient for all. The company 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.

Argo AI was founded in 2016 by Bryan Salesky and is based in Pittsburgh, Pennsylvania, United States. With it's engineering hubs in Pittsburgh, Southeastern Michigan and the Bay Area of California, the company has over 1,000%+1 growth rate.

 

Argo AI has partnered with leading companies in the automotive sector to make vehicles safer, more affordable, convenient, and accessible for everyone -- regardless of age or ability to get behind the wheel. By partnering with academic communities and trusted automakers like VW & Ford, the company is uniting the latest advancements in machine learning and computer vision with over 100 years of hardware development, safety engineering and manufacturing expertise.

 

Argo AI is backed by Volkswagen AG, Ford Motor Co., & Carnegie Mellon University. The company raised $2.6B in an undisclosed round of funding on Jul 12, 2019. This brings Argo AI's total funding to $3.6B to-date.

 

Argo AI is reported to be valued at $7B in it's latest fundraising event on Jul 12, 2019.  The has also acquired Princeton Lightwave, a manufacturing company developing single-photon counting products based on indium phosphide, on Oct 27, 2017.

 

Argo AI has been named to the 2018 LinkedIn Top Startups List, which honors the 50 most sought-after startups nationwide for potential job seekers.

 

 

  • Year founded: 2016
  • Funding Info: $3.6B in 2 Funding Rounds (Last Funding Type: Undisclosed)
  • Yearly Revenue: $100M-$200M (2018)
  • Employee Size: 501-1,000
  • Business Valuation: Reported to be Valued at $7B as of Jul 12, 2019
  • City/Town: Pittsburgh
  • State: Pennsylvania
  • Country: United States
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