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Physical AI / Company profile

Serve Robotics

What Serve Robotics does

Serve Robotics (Nasdaq: SERV) builds and operates autonomous sidewalk delivery robots and associated autonomy/software and remote monitoring capabilities. The company began as Uber-adjacent delivery robotics (spun out of Postmates after Uber acquired Postmates) and commercialized robot delivery across U.S. markets via partnerships with enterprise delivery and retail platforms. Serve’s business spans (1) fleet-based delivery services for merchant and delivery-platform partners, (2) enterprise autonomy/software and monitoring capabilities, and (3) an advertising layer that uses robots as an in-street/out-of-home media surface; in parallel, Serve is expanding beyond sidewalk delivery into indoor hospital operations through its acquisition of Diligent Robotics (maker of Moxi).

News

Company record

Aug 17, 2026 · Official · Serve Robotics Investor RelationsServe Launches Robot Delivery with Wonder, Adding Grubhub to Its Growing Delivery Network

Serve and Grubhub (Wonder) announced robot delivery on the Grubhub marketplace, beginning in Chicago, Los Angeles, and Alexandria; the announcement also includes new markets (Washington, DC; San Jose, CA), micro-depot expansion plans (Miami), hospital robot updates (Moxi 2.0 rollout), and new merchant/advertising products (Beacon and “Characters” with Chomp).

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Jun 24, 2026 · Official · Serve Robotics Investor RelationsServe Robotics Appoints Andreas Lieber to Board of Directors

Serve announced the appointment of Andreas Lieber to its Board of Directors.

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Jun 22, 2026 · Official · Serve Robotics Investor RelationsLocal Artists Turn Serve's Delivery Robots into Public Art with the Launch of Moving Canvas

Serve announced “Moving Canvas,” an effort to turn Serve delivery robots into public art via a collaboration with local artists.

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Jun 02, 2026 · Official · Serve Robotics Investor RelationsServe Robotics Continues Expansion Beyond Food Delivery, Launches Autonomous Laundry Vertical with NoScrubs

Serve announced a pilot to enable robot-delivered laundry for customers in Los Angeles through NoScrubs.

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Apr 07, 2026 · Official · Serve Robotics Investor RelationsServe Robotics Debut Conversational Robot Powered by Edge AI at NVIDIA GTC 2026

Serve described a conversational robot powered by edge AI as part of its presence at NVIDIA GTC 2026.

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Mar 11, 2026 · Official · Serve Robotics Investor RelationsServe Robotics and White Castle Launch Autonomous Delivery via Uber Eats

Serve and White Castle announced autonomous robot delivery via the Uber Eats platform.

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Jan 20, 2026 · Official · Serve Robotics Investor RelationsServe Robotics to Acquire Diligent Robotics, Expanding Physical AI Platform Beyond the Sidewalk

Serve entered an agreement to acquire Diligent Robotics to expand from sidewalk delivery into indoor healthcare robotics; the deal included a $29.0 million value paid to Diligent shareholders subject to net debt/adjustments and a potential earn-out up to $5.3 million, with expected closing in Q1 2026.

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Oct 16, 2024 · Official · Serve Robotics Investor RelationsServe Robotics Rolls Out Third-Generation Autonomous Delivery Robot; Platform Upgrade Will Support National Scaling

Serve unveiled a third-generation autonomous delivery robot, stating it was designed for faster, longer-range delivery, lower manufacturing cost, and upgrades including NVIDIA Jetson Orin and new sensor suite components; the company said 2,000 units were on track to be deployed in 2025.

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Show 2 earlier updates
Source map · 3 recurring channels · 27 references

Still resolving: Newsroom

Funding

Latest disclosed valuation$4
Tracked capital$389.7M10 sourced rounds
DateRoundRaisedValuationLead / investorsEvidence
May 07, 2026Controlled equity offering (ATM program termination; public equity sales)$91.2M—
Not attributed
Oct 14, 2025Registered direct offering (equity)$100M—
Not attributed
Jan 06, 2025ATM / warrant exercise proceeds (public equity sales)$86M—
Not attributed
Apr 22, 2024Underwritten public offering (equity)$40M—
Not attributed
+1 investor
Aug 10, 2023go-public transaction financing (reverse merger with Patricia Acquisition Corp.)$30M—
Jul 31, 2023PIPE / go-public private placement (equity)$11.1M$4
Apr 01, 2023Bridge financing (convertible note)$3M—
Not attributed
Mar 01, 2022Debt (secured note)$2.5M—
Not attributed
+1 investor
Jan 01, 2022SAFE (equity)$12.9M$65M

What it builds

Saymo sidewalk delivery robots (Serve fleet)

Serve operates autonomous sidewalk delivery robots intended to move through pedestrian environments to deliver orders to customers.

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Moxi (hospital robot assistant from Diligent, acquired)

Moxi is an autonomous hospital delivery robot designed to support healthcare workflows with routine deliveries such as supplies, lab samples, and medications.

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Moxi 2.0

Serve describes Moxi 2.0 as the next-generation hospital robot with updated performance characteristics (including faster perception/processing) and a new robotic world model, rolling out to health systems.

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Beacon (countertop pickup connectivity product)

Beacon is a standalone countertop product that, per Serve, connects restaurants, customers, and Serve robots using built-in cellular so restaurants need power but no additional hardware.

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Serve autonomy / remote monitoring & control software platform

Serve offers real-time, resilient video and data streaming for monitoring and remote control of autonomous vehicles, machines and robots, described as fleet-proven on its Level-4 sidewalk robots and applicable across multiple robotics verticals.

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Serve Advertising “Characters” (including Chomp)

Serve Advertising’s “Characters” is a product for interactive brand experiences on Serve robots; Serve and Grubhub launched the first Character, “Chomp,” a talking hamburger-wrapped robot.

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Milestones & partnerships