Financials

Estimates*

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Revenues, earnings & profits over time
USD201920202021202220232024
Revenues19.6m-82.5m68.0m-<1m
% growth---(18 %)--
EBITDA(112m)(215m)(690m)284m(794m)-
% EBITDA margin(570 %)-(837 %)418 %--
Profit(94.1m)(214m)(755m)(1.7b)(796m)-
% profit margin(480 %)-(915 %)(2534 %)--
R&D budget107m179m697m677m716m-
R&D % of revenue548 %-845 %996 %--
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DateInvestorsAmountRound
-

N/A

-
N/A

N/A

Seed
*

$90.0m

Series A

$600m

Valuation: $2.5b

Series B
N/A

N/A

-

$400m

Valuation: $10.0b

510.2x EV/LTM Revenues

-89.5x EV/LTM EBITDA

Growth Equity VC

$850m

Valuation: $11.0b

-51.2x EV/LTM EBITDA

SPAC IPO

$1.0b

Valuation: $11.0b

-51.2x EV/LTM EBITDA

SPAC Private Placement
*
N/A

$600m

SPAC Private Placement
*
N/A

$220m

Post IPO Equity
*
N/A

$483m

Post IPO Equity
Total Funding€2.4b

Recent News about Aurora

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More about Aurorainfo icon
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Aurora.tech is a pioneering startup focused on developing self-driving technology aimed at transforming the future of transportation. The company's flagship product, the Aurora Driver, is designed to be integrated into various vehicles to move both people and goods autonomously. Aurora's mission is to enhance safety, improve lives, and expand access to transportation through its cutting-edge autonomous technology.

Aurora operates in the autonomous vehicle market, which includes sectors like logistics, ridesharing, and fleet management. The company collaborates with logistics providers, ridesharing networks, vehicle manufacturers, and fleet management companies to accelerate the commercialization of self-driving technology. This collaborative approach not only strengthens Aurora's business but also enhances the efficiency and safety of its partners' operations.

Aurora's business model revolves around developing and licensing its self-driving technology to partners who integrate it into their vehicles. The company generates revenue through these partnerships by providing the Aurora Driver as a service, which includes ongoing support and updates. Additionally, Aurora benefits from its Virtual Testing Suite, which allows for extensive off-road testing, ensuring the technology is robust and reliable before deployment.

Aurora's technology is distinguished by its industry-leading sensor suite, including FirstLight Lidar, which offers superior range and speed in detecting and measuring surroundings. This advanced sensor technology, combined with a rigorous culture of safety, positions Aurora as a leader in the autonomous vehicle space.

In summary, Aurora.tech is at the forefront of the self-driving revolution, offering a comprehensive and scalable solution that promises to make transportation safer and more efficient.

Keywords: self-driving technology, autonomous vehicles, Aurora Driver, logistics, ridesharing, fleet management, FirstLight Lidar, Virtual Testing Suite, safety, commercialization.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Aurora

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Blackmore Sensors and Analytics
ACQUISITION by Aurora May 2019
OURS Technology
ACQUISITION by Aurora Feb 2021