Outrider closes $62M Series D for autonomous yard operations

Oct 24, 2024 · Funding · Outrider · Logistics

Outrider closed a $62 million Series D round to scale its autonomous yard-operations platform.

Outrider company media
Company media · Outrider
  • Koch Disruptive Technologies and New Enterprise Associates led the oversubscribed Series D.
  • Outrider said the funding would support commercial scaling with Fortune 500 logistics customers.
  • The company planned to scale to hundreds of systems, extend its safety and autonomy platform, and protect its patented technology.

Outrider automates distribution-yard work with autonomous electric yard trucks, site infrastructure and management software for logistics hubs.