Otto

San Francisco, California, USA1expert edge

A self-driving truck startup co-founded in 2016 by Lior Ron and others in San Francisco. Acquired by Uber in August 2016 for approximately $680 million. Uber shut down the autonomous trucking division in 2018 to focus on autonomous vehicles.

Why interesting to a deal team

Lior Ron co-founder; sold to Uber for ~$680M in 2016. Historical example of autonomous trucking innovation pathway and consolidation; shows evolution of technology into current platforms like Waabi.

Experts connected to this company

Lior RonCo-founder, sold to Uber for ~$680M in 2016

Lior Ron

Founder and Chairman

Uber Freight

FounderSan Francisco Bay Area

Founded and scaled Uber Freight to $20B+ in managed freight, then jumped to lead go-to-market at Waabi — a rare operator bridging digital freight brokerage and autonomous trucking.

Sources

Page titleOther
en.wikipedia.org/wiki/Otto_(company)

Strongest evidencePage title1 public sourceHow the grades work