Overview

Waymo is the world’s leading autonomous driving technology company, founded in 2009 as Google’s Self-Driving Car Project and spun out as an independent Alphabet subsidiary in December 2016. With a mission to make it safe and easy for people and things to move around, Waymo has pioneered fully autonomous ride-hailing services across multiple U.S. cities. The company has driven over 127 million autonomous miles on public roads without a human driver, including operations in Phoenix, San Francisco, Los Angeles, Austin, and Atlanta. As of December 2025, Waymo is in talks to raise $15 billion at a target valuation of up to $110 billion (current valuation: $45B from Oct 2024), reflecting the company’s position as the clear leader in autonomous driving technology. With 450,000+ weekly paid trips and over 20 million lifetime rides, Waymo is transforming urban mobility with its Waymo Driver technology.

Products & Technology

• Waymo One: Fully autonomous ride-hailing service with no human driver, operating 24/7.
• Waymo Driver: AI-powered Level 4 autonomous driving system with 40+ sensors.
• 6th Generation Hardware: Advanced sensor suite on Zeekr RT and Hyundai IONIQ 5 platforms.
• Safety System: 90% fewer serious crashes compared to human drivers, demonstrably safe AI.
• Waymo for Business: Enterprise autonomous transportation solutions.
• Freeway Operations: Autonomous driving on highways in Phoenix, SF, and LA.
• Airport Service: Curbside pickup at Phoenix Sky Harbor, SFO, and San Jose airports.

2024-2025 Highlights

• In talks for $15B funding round at $100-110B target valuation (current: $45B).
• Surpassed 20 million lifetime trips, with 14M+ trips in 2025 alone.
• Reached 450,000+ weekly paid trips, nearly doubling from April 2025.
• Closed $5.6B Series C round at $45B valuation (Oct 2024).
• Opened new autonomous vehicle manufacturing facility in Mesa, Arizona.
• Announced international expansion to London and Tokyo (2026).
• Expanded to 26+ markets including Austin, Atlanta, Miami, Dallas, Houston, Orlando.
• Partnership with Uber to offer Waymo rides through Uber app.

Funding Rounds