ALSO
Designs and manufactures electric vehicles optimized for urban last-mile delivery, operating as a Rivian spinoff that reached unicorn status.
Overview
ALSO develops electric vehicles focused on urban last-mile and delivery fleets, spun out of Rivian. The company targets logistics and delivery operators seeking purpose-built vehicles for dense city routes and short-range commercial use. In April 2026 ALSO closed a $200M Series C led by Greenoaks, its first disclosed financing and achieving unicorn valuation. The raise builds on the company's Rivian heritage and is intended to support expansion of production and commercial adoption of its urban delivery EVs.
Funding History
Rivian spinoff ALSO hits unicorn status with $200M Greenoaks-led raise for urban delivery EVs
Frequently Asked Questions
- How much has ALSO raised in total?
- ALSO has raised a total of $200M across 1 funding round.
- Who are ALSO's investors?
- ALSO's investors include Undisclosed.
- What does ALSO do?
- ALSO develops electric vehicles focused on urban last-mile and delivery fleets, spun out of Rivian. The company targets logistics and delivery operators seeking purpose-built vehicles for dense city routes and short-range commercial use. In April 2026 ALSO closed a $200M Series C led by Greenoaks, its first disclosed financing and achieving unicorn valuation. The raise builds on the company's Rivian heritage and is intended to support expansion of production and commercial adoption of its urban delivery EVs.
- Where is ALSO headquartered?
- ALSO is headquartered in San Francisco, CA.
Investors
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