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The Full List of 65 Transportation Unicorn Startups (2026)

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The transportation industry includes a wide range of companies, from self-driving cars to on-demand delivery services.

Autonomous vehicle company Waymo leads the group with a $45 billion valuation. Its competitor Cruise has raised over $16 billion in funding.

Below is the full list of 65 Transportation unicorn startups at this time.

Top 10 Most Valuable Transportation Unicorns

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Waymo develops autonomous driving technology to move people and things safely. Their fully autonomous ride-hailing service, Waymo One, is active in several major US cities.

Valuation$45B
HeadquartersMountain View, California, United States
Year Founded2009
FoundersAnthony Levandowski, Sebastian Thrun
Funding Amount$11.1B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries C
Top InvestorsFidelity, Tiger Global Management, Temasek Holdings, Silver Lake, Andreessen Horowitz

Cruise develops all-electric, self-driving vehicles designed to navigate complex urban environments. Their autonomous ride-hail service provides passengers with driverless transportation in major cities.

Valuation$30B
HeadquartersSan Francisco, California, United States
Year Founded2013
FoundersDaniel Kan, Kyle Vogt
Funding Amount$16B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusCorporate Round
Top InvestorsGeneral Motors, Y Combinator, SV Angel, Spark Capital, Founder Collective

Bolt built a mobility super app that offers ride-hailing, food delivery, and shared vehicle services. The all-in-one platform provides millions of users with convenient options for urban travel and on-demand delivery.

Valuation$11B (Joined October 2021)
HeadquartersTallinn, Harjumaa, Estonia
Year Founded2013
FoundersMarkus Villig, Martin Villig, Oliver Leisalu
Funding Amount$2.3B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries F
Top InvestorsEuropean Investment Bank, International Finance Corporation, Sequoia Capital, Citi, Deutsche Bank

Lalamove operates an on-demand delivery platform that connects users with local drivers for same-day service. Their app allows both individuals and businesses to book and track the transportation of goods, from small documents to bulky items.

Valuation$10B
HeadquartersHong Kong, Hong Kong Island, Hong Kong
Year Founded2013
FoundersChow Shing Yuk, Gary Hui, Santit Jirawongkraisorn
Funding Amount$2.5B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries F
Top InvestorsHSG, Vitruvian Partners, Shunwei Capital, Eastern Bell Capital, Hillhouse Investment

Mahindra Electric Automobile Limited builds a new generation of electric passenger vehicles based on its 'Born Electric' vision. The company's upcoming portfolio of SUVs, featuring the XUV and BE brands, will run on the advanced INGLO platform.

Valuation$9B
HeadquartersMumbai, Maharashtra, India
Year Founded2022
Founders
Funding Amount₹38.5B
Company SizeLarge Team (251-1,000)
Last Funding StatusUndisclosed
Top InvestorsBritish International Investment, Mahindra & Mahindra

The Boring Company constructs underground transportation networks to solve urban traffic congestion. Their Loop systems transport passengers in all-electric vehicles through dedicated tunnels, with their most notable project operating in Las Vegas.

Valuation$7B (Joined April 2022)
HeadquartersPflugerville, Texas, United States
Year Founded2016
FoundersElon Musk
Funding Amount$908M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsCraft Ventures, K5 Global, Founders Fund, Sequoia Capital, Valor Equity Partners

Ola operates one of the world's largest ride-hailing platforms, connecting customers with a wide range of transportation options from cars to auto-rickshaws. They have since expanded beyond transportation, launching ventures in electric vehicles, food delivery, and financial services.

Valuation$7B
HeadquartersKormangala, Karnataka, India
Year Founded2010
FoundersAnkit Bhati, Bhavish Aggarwal, Pranay Jivrajka
Funding Amount$5B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusSeries J
Top InvestorsPeak XV Partners, Titan Capital, Z47, Accel, Temasek Holdings

Nuro develops autonomous, electric vehicles designed specifically for local goods delivery. Their fleet of self-driving pods partners with retailers and restaurants to transport everything from groceries to pizza directly to a customer's home.

Valuation$6B (Joined February 2019)
HeadquartersMountain View, California, United States
Year Founded2016
FoundersDave Ferguson, Jiajun Zhu
Funding Amount$2.3B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsIcehouse Ventures, NVIDIA, Google, Gaorong Capital, Tiger Global Management

Hello TransTech operates one of China's leading bike-sharing platforms for short-distance travel. Formerly known as HelloBike, they provide an app-based service giving users on-demand access to a fleet of smart bicycles.

Valuation$6B
HeadquartersShanghai, Shanghai, China
Year Founded2016
FoundersHan Mei, Jiang Wei, Li Kaizhu, Yang Lei
Funding Amount$2B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusCorporate Round
Top InvestorsFosun International, WM Motor, Alibaba Group, Ant Group, Primavera Capital Group

Sierra Space builds the commercial platform for the future of low-Earth orbit, including space transportation systems and in-space destinations. They are developing the Dream Chaser, a reusable spaceplane, and large inflatable LIFE habitats to enable a new space economy.

Valuation$5B
HeadquartersLouisville, Colorado, United States
Year Founded2021
FoundersEren Ozmen, Fatih Ozmen
Funding Amount$1.7B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries B
Top InvestorsCoatue, General Atlantic, MUFG Bank, BlackRock Private Equity Partners, AE Industrial Partners

The Remaining 55 Transportation Unicorns

But the top 10 are just a fraction of the companies reshaping how people and products move around the globe. These startups are spread far and wide, though most are concentrated in the United States and China.

They are tackling everything from daily commutes to global shipping, each with a unique approach. Here’s a look at the other transportation startups that have reached the billion dollar mark.

Unicorn StartupCountryYear FoundedAmount RaisedValuation
Beta Technologies logo Beta TechnologiesUnited States2017$1.8B$3B
Motive logo MotiveUnited States2013$717.3M$3B
FlixBus logo FlixBusGermany2011$1.2B$3B
ofo logo ofoChina2014$2.2B$3B
Didi Freight logo Didi FreightChina2020$1.5B$3B
Veho logo VehoUnited States2016$299.2M$2B
Rapido logo RapidoIndia2015$825.4M$2B
Rad Power Bikes logo Rad Power BikesUnited States2007$329.3M$2B
Ninja Van logo Ninja VanSingapore2014$1B$2B
Rimac Group logo Rimac GroupCroatia2009$875.8M$2B
G7 logo G7China2010$710M$2B
Mafengwo logo MafengwoChina2010$503M$2B
TIER Mobility logo TIER MobilityGermany2018$646.9M$2B
BlaBlaCar logo BlaBlaCarFrance2006$686.9M$2B
Volocopter logo VolocopterGermany2011$544.4M$2B
YinLong Group logo YinLong GroupChina2008$432M$2B
Flash Express logo Flash ExpressThailand2017$781M$2B
Cambridge Mobile Telematics logo Cambridge Mobile TelematicsUnited States2010$502.5M$1.5B
Cabify logo CabifySpain2011$600.6M$1.4B
Papa logo PapaUnited States2017$241.2M$1.4B
Flock Freight logo Flock FreightUnited States2015$459M$1.3B
Zum logo ZumUnited States2015$399.6M$1.3B
Optibus logo OptibusIsrael2014$260M$1.3B
Loadsmart logo LoadsmartUnited States2014$346.4M$1.3B
inDrive logo inDriveCyprus2012$537M$1.23B
Porter logo PorterIndia2014$356.9M$1.2B
Radius Payment Solutions logo Radius Payment SolutionsUnited Kingdom1990£150M$1.07B
Ample logo AmpleUnited States2014$326.9M$1.02B
Also logo AlsoUnited States2025$305M$1B
Einride logo EinrideSweden2016$752.3M$1B
Plus logo PlusUnited States2016$520M$1B
Turo logo TuroUnited States2009$570.1M$1B
Radia logo RadiaUnited States2016$100M$1B
Wisk Aero logo Wisk AeroUnited States2010$450M$1B
Rivigo logo RivigoIndia2014$287M$1B
GO logo GOJapan1977¥14B$1B
GoGoX logo GoGoXHong Kong2013$376.5M$1B
Teld New Energy logo Teld New EnergyChina2014CN¥2.8B$1B
YH Global logo YH GlobalChina1997$182M$1B
Ninebot logo NinebotChina2012$247M$1B
Boom Supersonic logo Boom SupersonicUnited States2014$432.5M$1B
Qingju logo QingjuChina2018$2B$1B
Zhidou logo ZhidouChina2006CN¥15.3B$1B
Shouqi Limousine & Chauffeur logo Shouqi Limousine & ChauffeurChina2015$139.5M$1B
SKIO Matrix logo SKIO MatrixChina2009CN¥1.9B$1B
ETCP logo ETCPChina2012$280.4M$1B
CargoX logo CargoXBrazil2013$390.1M$1B
YunQuNa logo YunQuNaChina2005$256.8M$1B
T3 Mobile Travel Services logo T3 Mobile Travel ServicesChina2019CN¥17.5B$1B
REEF logo REEFUnited States2013$1.5B$1B

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