Stack AV was founded by former Argo AI leaders Bryan Salesky, Peter Rander and Brett Browning to focus on commercializing autonomous driving systems for trucks. The company has tested its technology in trucks with human safety operators, primarily for data collection. Stack AV employs about 150 people across its Pittsburgh headquarters and remote staff in 15 states. Immediate priorities include hiring and getting test vehicles on the road to scale operations. SoftBank Group is backing the company and has taken a board seat, providing capital, resources and AI expertise to accelerate development. Bloomberg reported SoftBank’s backing was $1 billion, though SoftBank publicly did not disclose financial terms.

Total raised

$1.0B

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2023