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Stack AV

Autonomous systems for the transportation industry

Stack AV logo
201-500 employees
  • B2B
  • Artificial Intelligence
  • Logistics
  • Delivery
Downtown, Pittsburgh, PA

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Company mission

To revolutionize the transportation industry through the deployment of advanced autonomous systems.

Our take

Driver shortages, decelerating efficiency and broad safety concerns have plagued the US trucking industry for some time now. High operating costs paired with increasingly scrutinized high emissions are leading to concern over the future of the logistics and goods transport market. Stack AV’s autonomous trucking solution aims to lighten the load of these issues, using AI to create smart supply chains and autonomous driving systems.

Its founding team have long been exploring the possibilities of autonomous transport through combined experience with Uber, and Google smart cars and shared founding roles at Argo AI, a similar company that disbanded in 2022 after it failed to become profitable for shareholders. Hopefully, however, the launch of Stack AV will balance the decades of experience as well as hard lessons learnt from the failed predecessor company and will find new ways to make autonomous driving tech a sustainable investment.

With a staggering $1 billion invested in Stack AV by SoftBank in 2023, the company is well-armoured for the time being. Its main competitor is Aurora, which underwent a successful IPO in 2021 but never achieved the high level of early funding that Stack AV did. It’s a promising start then for the Argo AI veterans' new venture.

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Kirsty

Company Specialist at Welcome to the Jungle

Company values

  • SAFETY - Safety is our top priority. Individually and collectively, we embrace our obligation to be responsible and ensure that safety is our company's bedrock
  • HUMILITY - We operate with respect for all, and are humble in our achievements and mistakes. We take ownership of our conduct, embrace one another's differences, and uphold an environment of kindness and dignity
  • We operate with respect for all, and are humble in our achievements and mistakes. We take ownership of our conduct, embrace one another's differences, and uphold an environment of kindness and dignity
  • GRIT - The path to success is rarely straight or smooth. We succeed as a team through disciplined execution, working together to understand the problems at a fundamental level and developing thoughtful and practical solutions
  • EXCELLENCE - As a team, we execute and deliver a world class product that brings value to our customers by solving their critical business needs in a safe and efficient manner. Our accomplishments together are greater than any effort individually
  • TRANSPARENCY - We are transparent and honest about the facts of our execution and hold ourselves accountable to drive real, continuous improvement through our work and to foster public trust and support of our products and services
  • PASSION - We are passionate about our mission, and our culture. Our passion motivates our success and creates an environment where our teams thrive

Funding (1 round)

Sep 2023

$1bn

SERIES A

Total funding: $1bn

This company has top investors

Leadership

Brian Salesky

(CEO)

Previously CEO of Argo AI, Director of Hardware Development for self-driving cars at Google, Principal Commercialization Specialist at the National Robotics Engineering Center, and Technical Program Manager at Google.

Peter Rander

(President)

Previously President and Co-Founder at Argo AI, Engineering Lead at Uber and Principal Commercialization Specialist at the National Robotics Engineering Center.

Brett Browning

(CTO)

Previously CTO at Argo AI, Senior Engineering Manager at Uber Advanced Technologies Center, Co-Founder at Mine Vision Systems and a Senior Systems Scientist at Carnegie Mellon University.

Jobs (10)

All locations

Software Engineering

Data

Product