on SeedInvest
TechTransportation

Rollo Motion

Tech-driven delivery platform with autonomous and hybrid operation
Pasadena, 
CA
Investment type:
Equity
(Preferred Equity)
Target raise:
$750,000
Minimum investment:​
$999
End date:
Apr 09, 2022
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Highlights

Achieved in-market growth by increasing deliveries 48% on average per month (September 2020 to March 2021) since launching in Pasadena, CA in July 2020

Vehicles have logged over 8,600 miles of in-market use and our autonomy projects to provide triple the deliveries per hour per person versus traditional human-delivery

Vehicles have delivered over 5,000 orders since launching, with an average gross order value of over $62

An Idealab company co-founded by Bill Gross and Ryan McLean, Ph.D., with deep experience scaling startups and profitably bringing advanced technology to market

Key investors include Idealab Studio, Idealab X, Neotribe, and Ubiquity Ventures