Also
About Also
Also is a Mobility startup based in Palo Alto, United States that has raised $455M in venture capital across 3 funding rounds since 2025. The company reached Series D stage in August 2026 with a $150M round led by Prysm Capital. Also's investor base includes 5 institutional funds, with Prysm Capital leading the most recent equity round.
Also is a Palo Alto-based electric micromobility company that spun out of Rivian in 2025, building a modular technology platform for small EVs including its TM-B pedal-assist e-bike and TM-Q cargo quads. The company is expanding the same autonomous-capable electric architecture into self-driving delivery vehicles, targeting last-mile transportation for both consumers and commercial logistics operators. Also has raised $455M in total and is valued above $1 billion.
Also Funding Rounds Timeline
3 rounds · $455M raised · since 2025
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series D | August 2026 | $150M | — | Prysm Capital | Eclipse Ventures, Greenoaks Capital Partners, MVP Ventures |
| Series C | March 2026 | $200M | — | Greenoaks Capital Partners | DoorDash |
| Series A | March 2025 | $105M | — | Eclipse Ventures | — |
Investors in Also
5 institutional investors across 3 rounds
Lead investors
Co-investors
Recent news about Also
- FundingRivian spinout Also raises $150M to take its small EVs autonomousAugust 2026
Questions about Also
How much has Also raised?
Also has raised $455M across 3 funding rounds since 2025.
Who are the investors of Also?
Also's investors include Prysm Capital, Eclipse Ventures, Greenoaks Capital Partners, MVP Ventures, DoorDash.
When was Also's last funding round?
Also's most recent round was a $150M Series D in August 2026, led by Prysm Capital.
What is Also's valuation?
Also reached a $1B valuation (unicorn status) with its Series D round in August 2026.
Where is Also headquartered?
Also is headquartered in Palo Alto, United States, and was founded in 2025 by RJ Scaringe, Chris Yu.