Gatik Stock
| Valuation | $882.01M1 |
| Valuation Date | Aug 25, 2026 |
| Implied Valuation | $866.48M |
| Last Price | $18.97 |
| 52-Week High | $19.82 |
| 52-Week Low | $9.96 |
| YTD Return | +7.54% |
| 1-Year Return | +90.46% |
| 3-Year Return | +24.23% |
| Total Funding | $499.5M2 |
| Latest Round Amount | $200M3 |
| Latest Round | Series D |
| Funding Rounds | 7 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Gatik
Gatik is an autonomous trucking company that runs driverless box trucks on short-haul middle-mile routes between distribution centers and stores. It developed the Gatik Driver, a Level 4 autonomy system for medium-duty trucks used by retailers, grocers and CPG companies such as PepsiCo, Walmart, Loblaw, Kroger and Tyson Foods. Gatik makes money by operating those trucks as a freight service under multi-year customer contracts. It was founded in 2017 by Gautam Narang, Arjun Narang and Apeksha Kumavat.
Invest in Gatik
Gatik is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
Clarity is a secondary marketplace where accredited investors can buy and sell shares of private, pre-IPO companies. Invest in the world's most exciting startups before they go public.
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News
Self-driving truck startup Gatik raises $200M following PepsiCo deal
Gatik, the autonomous vehicle startup known for its self-driving box trucks, has raised $200 million just two months after striking a multi-year commercial agreement with PepsiCo.
PepsiCo and Gatik Announce Multi-Year Agreement to Deploy Autonomous Freight in North America
Gatik and PepsiCo announced a multi-year strategic partnership to deploy driverless freight across Texas, Arizona, and Arkansas in one of the largest commercial autonomous freight deployments to date.
PepsiCo and Gatik announce multi-year agreement to deploy autonomous freight in North America
PepsiCo and Gatik announced a multi-year partnership to run autonomous freight in PepsiCo's North America supply chain, already live across Texas, Arizona and Arkansas. The companies called it the lar...
Gatik Joins NVIDIA Halos AI Systems Inspection Lab to Support the Scaling of Driverless Freight Operations Across North America
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Gatik, a leader in autonomous trucking, announced it is joining the NVIDIA Halos AI Systems Inspection Lab ecosystem, the first ANSI National Accreditation Boar...
Gatik First To Deploy Fully Driverless Delivery Trucks
Koch Disruptive Technologies highlighted Gatik as the first company in North America to deploy fully driverless trucks in commercial operations at scale, with autonomous box trucks operating across Te...
Gatik Becomes First U.S. Company to Operate Fully Driverless Trucks at Scale for Commercial Deliveries
Gatik said it became the first company in North America to run fully driverless commercial trucking at scale, with daily deliveries for Fortune 50 retailers and more than $600 million in contracted re...
Autonomous Trucking Firm Gatik Inks Contracts Worth $600 Million
Bloomberg reported Gatik signed a deal with a major consumer-goods company that doubled its contracted revenue to $600 million over five years. CEO Gautam Narang said the work is a sustained commercia...
Gatik Becomes First U.S. Company to Operate Fully Driverless Trucks at Scale for Commercial Deliveries
Gatik said it had become the first U.S. company to run fully driverless trucks in commercial operations at scale, with no driver or safety observer onboard. The company cited $600 million in contracte...
Gatik and Loblaw Ink 5-year Expansion Deal to Scale AI-Powered Autonomous Trucking Solution Across Regional Distribution Networks in the Greater Toronto Area
Loblaw and Gatik signed a five-year deal to deploy 50 autonomous trucks across the Greater Toronto Area, with 20 by the end of 2025 and 30 more by the end of 2026. Loblaw also made an undisclosed stra...
Gatik Unveils Arena™: Next-Generation Simulation Platform to Accelerate Commercialization of Its Autonomous Trucking Solution, Built on NVIDIA Cosmos
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Gatik, the leader in autonomous freight for regional logistics networks, today announced Gatik Arena™, its next-generation simulation platform designed to accel...
GM, Gatik, Torc team up with Nvidia to accelerate self-driving
NVIDIA's GTC conference kicked off with a series of announcements highlighting its role in advancing autonomous driving technology.
Autonomous Trucking Leader Gatik Secures Strategic Investment from NIPPON EXPRESS HOLDINGS to Expand North American Middle-Mile Logistics
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Gatik, the leader in autonomous middle-mile logistics, today announced a strategic investment from NIPPON EXPRESS HOLDINGS, INC. (NX Group), a global logistics ...
CORRECTING and REPLACING PHOTO ADDING MULTIMEDIA Isuzu Invests US$30 Million in Gatik to Develop Autonomous Driving Logistics Business
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--A multimedia asset accompanying this release dated May 14, 2024, has been removed. The release reads: ADDING MULTIMEDIA ISUZU INVESTS US$30 MILLION IN GATIK TO...
Isuzu Invests US$30 Million in Gatik to Develop Autonomous Driving Logistics Business
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Isuzu Motors Limited (headquartered in Yokohama, Kanagawa, Japan; President and COO: Shinsuke Minami; hereinafter “Isuzu”) and Gatik AI, Inc. (headquartered in ...
Goodyear and Gatik Further Advance Safety of Autonomous Vehicles With Tire Intelligence Integration
AKRON, Ohio--(BUSINESS WIRE)--The Goodyear Tire & Rubber Company, a leader in connected mobility, and Gatik (Gatik AI, Inc.), the leader in autonomous middle mile B2B logistics, announced the expansio...
GOODYEAR AND GATIK FURTHER ADVANCE SAFETY OF AUTONOMOUS VEHICLES WITH TIRE INTELLIGENCE INTEGRATION
Intelligent tire data allows for safer, more predictable and efficient autonomous vehicle performance AKRON, Ohio , Jan. 9, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT), a lead...
Gatik and Kroger Celebrate Successful Autonomous Trucking Operations with City of Dallas and Texas State Partners
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--In a significant step forward for autonomous B2B logistics, Gatik AI Inc. (Gatik) and The Kroger Co. (NYSE: KR) announced the successful launch of the companies...
Tyson Foods and Gatik to Deploy Autonomous Trucks in Northwest Arkansas to Optimize Supply Chain Efficiency
SPRINGDALE, Ark., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN), one of the world's largest food companies, and Gatik AI, Inc. (Gatik), the leader in autonomous middle mile logistic...
Gatik will autonomously deliver groceries for Kroger in Dallas
Autonomous short-haul logistics provider Gatik will begin moving grocery orders from Kroger's customer fulfillment center in Dallas to area stores to meet the increasing demand for pickup of online or...
Microsoft reportedly planning Gatik investment
In a tough fundraising environment for technology startups, Microsoft is reportedly nearing an investment in middle-mile autonomous trucking company Gatik. Privately held Gatik, the middle-mile develo...
Goodyear, Gatik say tire tech is key to bringing AVs to winter climates
Cars become an extension of the body when humans drive; we can feel the lack of grip in our car's tires when driving over icy or wet roads. Autonomous vehicles don't exactly have the same sensory abil...
GOODYEAR AND GATIK DEMONSTRATE CAPABILITY TO ACCURATELY ESTIMATE TIRE-ROAD FRICTION POTENTIAL
AKRON, Ohio , Jan. 4, 2023 /PRNewswire/ -- In an important step towards safer and more sustainable goods movement through autonomous transportation, Goodyear (NASDAQ: GT) and Gatik have demonstrated, ...
Microsoft to invest in autonomous trucking startup Gatik -sources
Microsoft Corp is in advanced talks to invest in Gatik, a California-based autonomous driving startup, as part of its cloud partnership with the company, two people familiar with the discussions told ...
Gatik named a TIME Best Invention of 2022 for World-First Fully Driverless Middle Mile Trucking Solution
MOUNTAIN VIEW, Calif.
Goldman Sachs Recognizes Gatik CEO Gautam Narang Among the Most Exceptional Entrepreneurs of 2022
MOUNTAIN VIEW, Calif.
Startup Gatik to deploy self-driving trucks for Pitney Bowes in Dallas
Self-driving delivery truck startup Gatik will deploy its Class 6 box trucks for global shipping and mailing firm Pitney Bowes' ecommerce deliveries in Dallas, Texas, the companies said on Wednesday.
Gatik Notches Yet Another Major Customer In Pitney Bowes, With Latest Automated Trucking Deployment In Dallas
Starting in early 2023, Gatik's autonomous class 6 fleet will establish a continuous, operational loop across the Pitney Bowes e-commerce logistics network in Dallas.
Autonomous delivery company Gatik wins new pilot program with Pitney Bowes in Dallas
Gatik trucks will supplement five existing Pitney Bowes routes in the Dallas area and will run packages between distribution centers.
Gatik and Pitney Bowes Partner to Deploy Autonomous Trucks for Ecommerce Shipments in Dallas Market
MOUNTAIN VIEW, Calif. & STAMFORD, Conn.--(BUSINESS WIRE)--Gatik, the market leader in autonomous middle mile logistics, today announced a multi-year commercial agreement with Pitney Bowes (NYSE: PBI),...
Gatik, Cummins to Integrate Technologies on Autonomous Delivery Trucks
Gatik and Cummins will collaborate to integrate Gatik's autonomous driving system with Cummins' advanced powertrain solution, working to improve the performance, safety and fuel efficiency of Gatik's ...
Gatik And Cummins Partner For Powertrain Optimization
Gatik announced today that it will collaborate with Cummins Inc. to facilitate the integration of Gatik's automated driving system with Cummins' advanced powertrain solution in Gatik's fleet of medium...
Gatik And Walmart Notch A Big Win In Kansas With New Law Enabling Driverless Vehicle Deployment
A new law in Kansas enables the deployment of Gatik's SAE Level 4 driverless medium-duty trucks on public roads in the state.
ChargePoint® and Gatik partner to develop an electric ecosystem for autonomous electric medium-duty trucks
CAMPBELL, Calif. & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a leading electric vehicle (EV) charging network, and Gatik today announced a strategic partnership to develop an e...
Chargepoint to power Gatik autonomous electric trucks
After focusing on developing its technology and building use cases, middle-mile autonomous vehicle provider Gatik is ready to develop the ancillary items needed to accelerate adoption of its technolog...
2021 set the stage for ‘supersonic' growth for Gatik
After a year in which it secured key supplier agreements and expanded its operations base, middle-mile autonomous vehicle provider Gatik is prepared to accelerate its growth and reach this year. “We a...
Gatik and Walmart Achieve Fully Driverless Deliveries in a First for Autonomous Trucking Industry Worldwide
MOUNTAIN VIEW, Calif., & BENTONVILLE, Ark.--(BUSINESS WIRE)-- #Autonomous--Gatik and Walmart announced that Gatik is operating daily without a safety driver behind the wheel of its delivery route for ...
Robotruck Startup Gatik Making Delivery Runs For Walmart Without Humans At The Wheel
The Silicon Valley-based developer of robotic technology specializes in “middle-mile” deliveries from distribution centers to stores.
Ryder invests in Gatik, partners on building nationwide autonomous delivery
Autonomous vehicle technology developer Gatik has reached a strategic lease and vehicle maintenance agreement with Ryder System and possibly a logistics operations management deal down the road. Ryder...
Ryder Invests in Gatik and Partners to Establish North American Autonomous Delivery Network for B2B Short-Haul Logistics
MIAMI & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Ryder invests in Gatik and partners to establish autonomous delivery network for B2B short-haul logistics across the U.S. and Canada.
Goodyear Invests In Gatik And Tests Smart Tires On Automated Trucks
Tires are a critical part of the ultimate functionality of assisted and automated driving technology, so Goodyear has invested in Gatik and partnered to test smart tires.
Goodyear-Gatik Partnership Pairs Connected Smart Tires With Autonomous Trucks
Goodyear and autonomous trucking company Gatik have forged a multi-year collaboration to advance the development of mobility solutions for the driverless B2B short-haul logistics industry. Under the ...
AV company Gatik taps Goodyear for intelligent tire technology
When middle-mile autonomous vehicle company Gatik closed an $85 million Series B funding round last month, the announcement came with the news that “several strategic investors” had participated in th...
Goodyear Invests In Autonomous Trucking Company Gatik And Collaborates To Enhance Safety And Efficiency For Autonomous Middle Mile Logistics
AKRON, Ohio and PALO ALTO, Calif., Sept. 28, 2021 /PRNewswire/ -- Goodyear (NASDAQ: GT) and Gatik today announced a multi-year collaboration with a goal to advance the development of mobility solution...
Velodyne Lidar Signs Multi-Year Sales Agreement with Gatik
SAN JOSE, Calif.--(BUSINESS WIRE)-- #VelodyneLidar--Velodyne Lidar announced a multi-year sales agreement with Gatik, which automates on-road transportation networks for B2B middle mile logistics.
Walmart, Gatik Expands Self-Driving Truck Test To Louisiana; Arkansas Test Will Now Be Driverless
Walmart announced Tuesday (Dec. 15) that Gatik, the autonomous delivery network, will operate a driverless box truck on one route in Arkansas, a press release says. The route will run between a dark s...
Gatik bids adieu to safety drivers in fully driverless Walmart pilot
Autonomous trucking company Gatik announces fully driverless operations with Walmart, expands to Louisiana The term “driverless” is overused and misunderstood. Over the past few years, dozens of auto...
Gatik AI CEO Guatam Narang on Walmart's new delivery robo-vans
Gatik AI co-founder and CEO Guatam Narang joins "Squawk Alley" to discuss the new partnership between the company and Walmart to provide new self-driving delivery vans.
Self-driving delivery van startup Gatik AI comes out of stealth with Walmart partnership
Gatik AI, an autonomous vehicle startup that came out of stealth Thursday with $4.5 million in funding and Walmart as a customer, is aiming for the sweet middle spot in the world of logistics. The com...