Coco

About

A last-mile delivery service that deploys human-operated sidewalk robots to transport goods from merchants to their customers

Santa Monica,California,United States
101 - 250
https://www.cocodelivery.com/

Highlights

Details

Last Funding Type: Series A
Industries: E-Commerce,Food Delivery,Logistics,Robotics
Founded date: Jan 1, 2020
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Cyan Robotics Inc.
Also Known As: Cyan Robotics

Coco is a last-mile delivery service that deploys human-operated sidewalk robots to transport goods from merchants to their customers. Its robot fleet serves thousands of customers per week in Santa Monica, Los Angeles, Austin, and Houston, paving the way for a more optimistic future of delivery that benefits local communities.

Launched in February 2020, the company has partnered with national restaurant brands like SBE (Umami Burger) and is actively scaling across many locations. It serves a wide range of family-operated restaurants like Bangkok West Thai in Santa Monica and San Pedro Brewing Company in Los Angeles.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$41.50M

Coco has raised a total of $41.50M in funding over 2 rounds. Their latest funding was raised on Aug 25, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 25, 2021	Series A	$36M	12	Sam Altman	—	Detail
May 1, 2021	Series A	—	1	—	—	Detail
Nov 1, 2020	Seed	$5.50M	1	—	—	Detail
May 31, 2013	Corporate Round	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

15

Coco is funded by 15 investors. Sam Altman and Abe Burns are the most recent investors.

Investor Name	Lead Investor	Funding Round
Sam Altman	Yes	Series A
Abe Burns	—	Series A
Buddy Shakhashir	—	Series A
Cascade Ventures	—	Series A
Dick Boyce	—	Series A
Founders Fund	—	Series A
Kevin Mahaffey	—	Series A
Outlander VC	—	Series A
Pelion Venture Partners	—	Series A
Sam Nazarian	—	Series A