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§ Private Profile · Brighton, CO, USA
Outrider is a technology company.
Outrider develops autonomous yard operation technology, specifically electrifying and automating logistics hubs. Its system manages trailer movements within distribution yards using zero-emission, self-driving trucks. This approach enhances safety and increases efficiency in complex industrial environments, automating a critical supply chain component.
Andrew Smith, an experienced entrepreneur, founded Outrider in 2017. His insight stemmed from a dedication to responsible automation and decarbonizing industrial systems. Smith aimed to address the inefficiencies and environmental footprint of manual yard operations by integrating advanced robotics and AI into this essential sector.
Outrider’s system serves large enterprises managing high-volume logistics operations, optimizing freight handling. The company’s vision is to accelerate sustainable freight transportation by deploying intelligent, zero-emission yard solutions. These solutions benefit people, profit, and the environment, fostering a safer, more ecological future for logistics.
Outrider has raised $245.0M across 4 funding rounds.
Outrider has raised $245.0M in total across 4 funding rounds.
Outrider has raised $245.0M across 4 funding rounds. Most recently, it raised $62.0M Series D in October 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2024 | $62M Series D | Koch Disruptive Technologies | Schematic Ventures | Announced |
| Jan 1, 2023 | $73M Series C | FM Capital | Schematic Ventures | Announced |
| Oct 1, 2020 | $65M Series B | — | ACME Capital, Andreessen Horowitz, Eclipse Ventures, Green BAY Ventures, Schematic Ventures, The House Fund | Announced |
| Feb 1, 2020 | $45M Series A | 8VC | ACME Capital, Andreessen Horowitz, Eclipse Ventures, Green BAY Ventures, Schematic Ventures, The House Fund | Announced |
Outrider has raised $245.0M in total across 4 funding rounds.
Outrider's investors include Koch Disruptive Technologies, Schematic Ventures, FM Capital, ACME Capital, Andreessen Horowitz, Eclipse Ventures, Green Bay Ventures, The House Fund, 8VC.
Outrider is a technology company pioneering autonomous yard operations for logistics hubs, exclusively focused on automating hazardous and repetitive tasks to enhance safety, efficiency, and sustainability.[1][2][4] It builds an integrated system of management software, autonomous electric vehicles, and site infrastructure that serves large enterprises in freight transportation, solving problems like manual labor risks, diesel emissions, and operational inefficiencies in distribution yards.[2][5] By deploying zero-emission systems, Outrider drives rapid adoption of sustainable freight, improving profit margins through better asset tracking, space utilization, and turn times while keeping people out of harm's way.[1][2]
Outrider was founded in 2017 and is headquartered in Golden, Colorado, with around 190 employees.[4] While specific founders are not detailed in available sources, the company emerged from a vision to rethink yard operations systemically, combining expertise in software, robotics, and logistics to create real-world viable products.[2] Key principles from inception include enhancing safety and efficiency for high-value human tasks, rejecting fossil fuel dependency, and rigorous testing in a 200,000-square-foot Advanced Testing Facility mimicking distribution yards.[2] Early focus on autonomy and electrification positioned it as a specialist in yard automation, backed by investors like 8VC, marking pivotal traction in logistics hubs.[1]
Outrider rides the wave of autonomous logistics and supply chain automation, capitalizing on trends like electrification and AI-driven efficiency amid rising e-commerce demands and labor shortages.[1][5] Timing is ideal as enterprises prioritize sustainability—phasing out diesel for zero-emission systems aligns with global decarbonization goals, while yards remain a dangerous, under-automated bottleneck in freight movement.[2] Market forces like regulatory pressures on emissions and the push for resilient supply chains favor Outrider, positioning it to influence the ecosystem by enabling safer, greener hubs and accelerating adoption of electric autonomous tech across logistics.[2][5]
Outrider is poised to expand deployments in logistics hubs, scaling its proven system amid growing demand for sustainable automation that delivers immediate safety and profit gains.[1][2] Trends like AI advancements in robotics, stricter emissions regulations, and supply chain digitization will propel its growth, potentially capturing a larger share of the $100B+ yard operations market. Its influence may evolve from pioneer to standard-setter, transforming freight yards into efficient, human-centric hubs and reinforcing its role as the go-to for zero-emission yard ops—clearing the path for a safer, greener supply chain.[2][5]