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§ Private Profile · Santa Monica, CA, USA
Robotic delivery service providing human-piloted sidewalk robot delivery for food and groceries to urban restaurants and merchants.
Based in Los Angeles, California, Coco operates a robotic food and grocery delivery service utilizing human-piloted sidewalk robots to facilitate contactless, short-distance urban logistics. The venture-backed company has raised approximately $43 million in total funding, including a $36 million Series A round, to scale its fleet across multiple major domestic and international markets including Helsinki. Coco is backed by prominent investors such as Sam Altman, Founders Fund, and Silicon Valley Bank, and provides business-to-business delivery logistics for restaurant partners like Umami Burger and Bangkok West Thai. Operating with a workforce of approximately 120 employees, the platform blends artificial intelligence autonomy with human oversight to achieve an estimated 97% on-time delivery rate while reducing delivery times by 30% for its merchant clients. Coco was founded in 2020 by Zach Rash and Brad Squicciarini.
Coco has raised $118.0M across 3 funding rounds.
Coco has raised $118.0M in total across 3 funding rounds.
Coco has raised $118.0M across 3 funding rounds. Most recently, it raised $2.0M Series A in October 2025.
Coco is a Santa Monica-based technology company specializing in robotic delivery services for the logistics and food delivery sector. It develops purpose-built, remotely piloted electric sidewalk robots to deliver meals, groceries, and other goods, making deliveries more affordable, reliable, and sustainable while primarily serving local restaurants and food service businesses.[1][2]
The company solves key challenges in last-mile delivery, such as high costs, unreliability, and environmental impact, by leveraging human-piloted robots that navigate urban sidewalks. Founded in 2020 (formerly Cyan Robotics), Coco has raised $41.5M, achieved secondary market status, and shown strong growth with a Mosaic Score increase of +114 points in the past 30 days, partnering with hundreds of top brands.[1][2]
Coco was founded in 2020 in Santa Monica, California, by Zach Rash (CEO and co-founder) and Brad Squicciarini (CTO and co-founder), initially under the name Cyan Robotics.[1][2] Rash leads the company as CEO, focusing on scaling robot delivery operations, while Squicciarini, a UCLA Computer Science graduate, built the first robotic platforms and now oversees autonomy, robotics engineering, and system architecture for urban fleets.[2]
The idea emerged from addressing inefficiencies in food and grocery delivery, pivoting to human-piloted sidewalk robots for reliable urban navigation. Early traction came through partnerships with local restaurants and brands, enabling rapid deployment and funding of $41.5M to expand its fleet and operations.[1][2]
Coco rides the last-mile delivery automation trend, fueled by e-commerce growth, rising food delivery demand post-pandemic, and urban sustainability mandates. Timing is ideal amid labor shortages and high courier costs, with market forces like electric vehicle adoption and sidewalk robot regulations favoring scalable solutions in dense cities.[1]
It influences the ecosystem by partnering with restaurants and grocers, lowering barriers in grocery retail tech (648 startups) and supply chain logistics (5,729 companies), potentially setting standards for hybrid human-robot delivery models that prioritize affordability and reliability.[1]
Coco is poised for expansion into more urban markets and full autonomy, leveraging its $41.5M funding and engineering talent to capture share in the booming $100B+ last-mile sector. Trends like AI-enhanced piloting, regulatory greenlights for sidewalk robots, and grocery e-commerce surges will shape its path, evolving its influence from niche food delivery to broader logistics disruption—building on its mission to make deliveries cheaper and greener from day one.[1][2]
Coco has raised $118.0M in total across 3 funding rounds.
Coco's investors include First Light Capital, Akinori Harada, Hirofumi Nakagawa, Shunya Kimura, Toshiya Kimura, FreakOut Holdings, 8090 Industries, Andreessen Horowitz, Atomic, Felicis Ventures, Kapor Capital, Outlander Labs.