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The Venture Codex

Uber

1725 3rd Street, San Francisco, CA, 94158, United States

Overview

Uber develops and operates a ridesharing mobile application that connects consumers with partner drivers. The application allows users to submit trip requests, which are then routed to available drivers. It facilitates the arrangement and scheduling of transportation and logistics services through third-party providers. Uber operates in various cities worldwide, providing applications for multiple platforms, including Windows Phone, iPhone, Blackberry, and Android.

Total investments
24
Lead investments
14
Investments · 12mo
10
Active investors
11

Sector focus

  • Logistics
  • Mobile Apps
  • Ride Sharing
  • Software
  • Transportation
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Investment portfolio

  • Moove

    Participated · Series C · Aug 2026

    Founded in 2020 in Nigeria and now headquartered in Dubai, Moove started as a vehicle-financing startup and expanded into ride-hailing and deliveries in Africa before moving into autonomous vehicle operations in 2023. The company currently owns and operates a 42,000-vehicle human-driven ride-hailing fleet across 14 countries and employs about 3,300 people globally while continuing to provide vehicle financing to gig drivers. Moove serves as the fleet operator for Waymo in Phoenix, Miami and Las Vegas and plans future operations in London; it also already owns robotaxi vehicles from another AV developer. The firm intends to acquire robotaxis via debt financing and aims to scale to potentially hundreds of thousands of vehicles over time. Moove is investing in automated depots called Nests to enable around-the-clock, robotics-assisted charging, maintenance and servicing, and expects its traditional mobility business to achieve full profitability this year.

  • Atoms

    Participated · Equity · Jul 2026

    Atoms is presented as a rebranded holding company founded by Travis Kalanick that consolidates work he began after leaving Uber, including his CloudKitchens venture. The company has acquired Pronto, a heavy-industry automation firm led by Anthony Levandowski. Kalanick has described Atoms’ mission as completing a “bits-to-atoms” arc and has said he wants to build a “wheelbase for robots.” The company announced a $1.7 billion financing led by Andreessen Horowitz, signaling substantial external investor support, and Ben Horowitz will join its board. The articles do not provide revenue, user, or other operating metrics, nor do they detail specific product roadmaps or financial allocations beyond Kalanick’s public statements.

  • Nuro

    Led · Equity · Jun 2026

    Nuro began with compact autonomous delivery vehicles and in 2024 pivoted toward licensing its self-driving software to automakers and transportation service providers. The company is developing an autonomous driving platform to be integrated into midsize vehicles and Lucid Gravity SUVs for passenger transport. Nuro has regulatory approvals in California to test vehicles without safety operators and to carry passengers during supervised trials as it prepares for a public launch later this year. Its strategic partnership with Uber and Lucid targets deployment of up to 35,000 autonomous taxis, with broader service goals set for 2027. Major investors include Nvidia and SoftBank, and recent financing activity assigns Nuro a $6 billion valuation following a $203 million round.

  • ONDC

    Participated · Equity · Jun 2026

    ONDC is a government-backed digital commerce network that connects buyers and sellers across a digital marketplace. The organization announced a fresh infusion of ₹220 crore from corporate investors including Zoho, Uber, Paytm, and BSE Technologies. As part of the investment, Uber plans operational collaboration with ONDC on multimodal transportation, public transit integrations, and logistics capabilities. The funding is positioned as strategic capital from technology and mobility players. The articles do not provide revenue, user, or valuation figures. The announced investment increases ONDC's available capital for platform development and partner integrations.

  • Wayve

    Participated · Series D · Feb 2026

    Wayve builds an end-to-end neural network-based self-driving system that uses raw data from whatever sensors are on a vehicle rather than relying on specific sensors, chips, or high-definition maps. Its software underpins two commercial products: an "eyes on" assisted-driving system requiring driver attention, and an "eyes off" fully automated-driving system intended for robotaxis and some consumer scenarios. The company sells directly to automakers and has landed customers including Nissan, Mercedes-Benz, and Stellantis, with Nissan planning integration into ADAS from 2027. Wayve’s software is designed to run on a variety of automotive compute platforms, a capability it is expanding through strategic investments from chipmakers. Financially, Wayve recently closed a $1.2 billion Series D and announced a $60 million extension from semiconductor partners, with an additional $300 million milestone-based commitment from Uber. The company is using new funds to support integration across compute platforms and continued production deployment of the Wayve AI Driver.

Team