3.39
+5.28%
Close of 9 Nov 2026, in USD
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About Serve Robotics
From its filings with the US Securities and Exchange Commission
Serve Robotics is based in San Carlos, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker SERV. The SEC classifies its business as general industrial machinery & equipment, nec. In the fiscal year to 31 December 2025, it reported revenue of $2.7m and a net loss of $101.4m. At that date it held total assets of $367.8m and shareholders' equity of $350.7m.
We are engaged in developing technologies intended to enable sustainable, autonomous robotic solutions for public and commercial spaces. Our activities include the design, engineering, deployment, and operation of low-emission robotic systems built on our proprietary AI-enabled mobility platform. Our systems are designed to operate safely and efficiently in real world environments.
While food delivery remains our primary commercial application, we are expanding our platform into adjacent markets, customer segments, and operating environments where autonomous mobility can address labor constraints, improve service levels, and reduce emissions. We intend to leverage our core autonomy stack, fleet management infrastructure, and operational expertise to support additional use cases across both outdoor and indoor settings.
Our core technology originated in 2017 as a specialized project within Postmates Inc. (“Postmates”), an on-demand delivery company in the United States. Following the acquisition of Postmates by Uber Technologies, Inc. (“Uber”) in 2020, Uber’s leadership approved the contribution of the intellectual property and related assets associated with this project to our company in February 2021.
Quoted from its 10-K, filed 12 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 6 Mar 2024
- Employees
- 370
- Website
- serverobotics.com ↗
- Head office
- 1360 BAYPORT AVENUE, SAN CARLOS, CA, 94070
- Incorporated in
- DE
- Classification
- General Industrial Machinery & Equipment, NEC
- Filer status
- <br>Emerging growth company
Leadership
Pay as last reported
- Dr. Ali KashaniChairman of the Board, Chief Executive Officer, since 2021$8.7m
- Mr. Touraj ParangPresident, Chief Operating Officer, Director, since 2021$3.3m
- Mr. Brian ReadChief Financial Officer$1.7m
- Mr. David GoldbergIndependent Director$621,325
- Mr. Sarfraz MarediaIndependent Director
- Ms. Lily SarafanIndependent Director$175,801
- Mr. Olivier VincentIndependent Director$71,200
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Serve Robotics Inc has over 100 autonomous robots for last-mile delivery services.
- The company uses AI for real-time updates and obstacle identification on sidewalks and traffic signals.
- Its all-electric robots provide sustainable and economical delivery solutions with automatic emergency braking.
Weaknesses
- Serve Robotics Inc has 370 employees as of March 2024.
- The company's fleet consists of over 100 robots but lacks detailed market share data.
- The firm's IPO on March 6, 2024, shows limited market history.
Opportunities
- Serve Robotics Inc operates in the US with a focus on last-mile delivery services.
- The company's AI-driven robots can expand into new urban markets across the US.
- Serve Robotics Inc can leverage its 100+ robot fleet for partnerships with delivery platforms.
Threats
- Serve Robotics Inc faces competition from established delivery services in the US market.
- The company's reliance on AI methodologies may encounter regulatory challenges in transportation sectors.
- The firm's limited market history since March 2024 poses uncertainty for investors.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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