ALSO

ALSO

Designs compact electric micromobility vehicles

Overview

Also is a micromobility company spun out from Rivian Automotive in 2025 that designs compact electric vehicles for urban travel, including e-bikes, scooters, and small four-wheel models for consumer and commercial use. It follows a vertically integrated approach, developing electric motors, batteries, and software in-house to improve efficiency and design flexibility. Its Transcendent Mobility concept aims to make short trips more engaging and connected while reducing emissions. With Rivian retaining a minority stake and the founder serving as chairman of the board, Also plans to launch its first product in 2026 in the United States and Europe and pursues logistics and delivery applications to broaden urban mobility.

Launched Recently

About ALSO

Simplify's Rating
Why ALSO is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Hardware

Energy

Consumer Software

Company Size

201-500

Company Stage

Series C

Total Funding

$505M

Headquarters

Palo Alto, California

Founded

2025

Get referred to ALSO

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Also started TM-B deliveries in August 2026 after shipping from U.S. warehouses.
  • March 31, 2026 DoorDash partnership validated autonomous delivery ambitions and funded growth.
  • $200 million Series C raised Also to $305 million and a $1 billion valuation.

What critics are saying

  • TM-B slipped from spring 2026 to August 2026, exposing execution risk.
  • Also still ships one consumer bike; Amazon TM-Q volumes remain unproven.
  • A weak TM-B launch destroys pricing power before the 2026 cargo vehicle bets.

What makes ALSO unique

  • Rivian spinout Also inherits automotive engineering, software, and manufacturing discipline from 2025.
  • TM-B uses pedal-by-wire generator architecture, not conventional chain-drive e-bike hardware.
  • Amazon and DoorDash partnerships give Also immediate fleet distribution and logistics credibility.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$505M

Above

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$200M
ALSO

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Flexible Work Hours

Family Planning Benefits

Growth & Insights and Company News

Headcount

6 month growth

10%

1 year growth

0%

2 year growth

1%
NewsTechia
Aug 1st, 2026
Rivian spinoff Also breaks delivery delays with its first e-bike.

Rivian spinoff Also breaks delivery delays with its first e-bike. From EV maker offshoot to electric bicycle startup. Also, the electric vehicle startup that emerged from Rivian, is finally moving bikes out of development and into customers' hands - ending a stretch of delays that kept its debut product, the TM-B e-bike, grounded longer than anticipated. The TM-B arrives after a prolonged wait. The TM-B is Also's first product to reach consumers, and its arrival matters more than a typical product launch might. For a young company still building credibility, the gap between announcement and delivery is the period where startups either prove they can execute or bleed enthusiasm. Also spent months in that gap. The delays weren't unusual for hardware-focused startups, where supply chain complexity, manufacturing tolerances, and regulatory requirements stack up against optimistic timelines. Getting a new electric two-wheeler certified, assembled, and shipped involves a different kind of operational weight than pushing a software update. Also is now past that stage - at least for this model. What distinguishes Also from the crowded e-bike market isn't its current product lineup so much as its origin story and its stated direction. The company spun out of Rivian, the electric truck and delivery van maker backed by Amazon, which gives Also a specific kind of institutional DNA - one oriented toward fleet logistics and last-mile delivery rather than recreational cycling. Also describes itself as a "vehicle" company, not a bicycle company. That framing is intentional. Positioning the TM-B as one product in a broader vehicle portfolio, rather than the company's defining identity, signals where Also expects its business to grow. The e-bike gets you in the door. What comes next is a different category entirely. Amazon, cargo vehicles, and the real business model. The more revealing part of Also's roadmap isn't the TM-B - it's the four-wheel pedal-assist cargo vehicles the company is developing for Amazon. That project points to where Also's commercial weight actually sits. Building last-mile delivery vehicles for one of the world's largest logistics operations is a fundamentally different business than selling consumer e-bikes, and the revenue potential, contract structure, and operational scale don't compare. Amazon's connection to Also runs deeper than a vendor relationship. Rivian, Also's parent company, has had a long-standing partnership with Amazon to produce electric delivery vans - a contract that reshaped Rivian's production priorities and balance sheet. Also inheriting a working relationship with Amazon through that lineage isn't accidental. It's an asset that most e-bike startups simply don't have access to. Pedal-assist cargo vehicles occupy an interesting space in urban logistics. They're slower than electric vans but cheaper to operate, easier to park, and viable in dense corridors where larger vehicles struggle with traffic and access restrictions. Cities like New York, Paris, and Amsterdam have seen cargo e-bike deployments grow as delivery density increases and zero-emission zones expand. A four-wheel pedal-assist cargo vehicle adds stability and load capacity to that model - effectively a step between a standard cargo bike and a small electric van. Whether Amazon deploys Also's cargo vehicles at scale depends on factors that have nothing to do with the quality of the product - fleet integration costs, routing software compatibility, regulatory approval across different city jurisdictions, and Amazon's own internal logistics priorities. Still, having Amazon as a named target customer before a product is even out of development is a position most startups spend years trying to reach. Also starting deliveries of the TM-B now gives the company something concrete to point to while its larger cargo vehicle ambitions take shape. A delivered, functioning product - even a consumer e-bike - establishes that Also can move hardware through manufacturing and fulfillment. That operational track record matters when the stakes of the next project are considerably higher. A spinoff with specific ambitions. Rivian spinning out Also reflects a deliberate choice to let a more nimble entity pursue the lighter-vehicle, pedal-assist segment without the overhead of a full EV manufacturer. Rivian's core business - electric trucks and commercial vans - operates at a completely different scale and cost structure than e-bikes and cargo cycles. Keeping Also separate lets the startup move faster and fail cheaper if something doesn't work. The TM-B deliveries starting now puts a small but real stake in the ground. Also has a vehicle in the market, a high-profile customer in its pipeline, and a self-description that deliberately avoids the word "bicycle." The question isn't whether the TM-B succeeds on its own terms - it's whether Also can actually deliver a four-wheel pedal-assist cargo vehicle to Amazon at a volume and price point that makes the whole venture worthwhile. Nadia reports on the tech industry with a focus on policy, business strategy, and the people building it.

TechCrunch
Jul 31st, 2026
Rivian spinoff Also to deliver $4,500 e-bikes after months of supply chain delays

Rivian spinoff Also will begin delivering its TM-B e-bikes next week after months of supply chain delays. The Launch Edition, priced at $4,500, has shipped from the manufacturer to Also's US warehouse, with all deliveries expected between next week and September. Also originated as a skunkworks project within Rivian in 2022. Rivian spun out the company in March 2025 with $105 million in backing from Eclipse. The startup unveiled the TM-B in October, initially targeting spring 2026 delivery before supply chain issues pushed the timeline to July, then summer. The company cited industry-wide spikes in demand for raw materials and electronic components but declined to specify which parts caused delays. Beyond e-bikes, Also plans to produce pedal-assist cargo vehicles for Amazon and autonomous delivery vehicles for DoorDash. Customer frustration mounted on social media as July ended without deliveries, with some cancelling reservations.

Ars Technica
Apr 16th, 2026
Also's generator-driven e-bike uses software to simulate — and improve — traditional cycling

San Francisco-based startup Also has developed an electric bicycle that completely reimagines the connection between pedaling and motion. When riders pedal the TM-B, they turn a generator, with software controlling how that power combines with battery output to drive a motor. The bike emerged from conversations with Rivian, the electric car company that helped launch Also. The startup designed most components in-house, including a custom motor housed in cast magnesium and a modular seating system that allows quick configuration changes. During testing, the bike felt natural during normal riding whilst automatically adjusting resistance and power during sudden acceleration, functioning like an automatic transmission. The system responds instantly to changes in pedaling force without requiring manual gear shifts. The TM-B will be manufactured in Taiwan using Also-owned equipment and trained staff.

The Next Web
Mar 31st, 2026
ALSO raises $200M Series C at $1B valuation

Rivian spinoff ALSO hits $1B valuation with a $200M Series C led by Greenoaks and a commercial partnership with DoorDash.

FYIsoft
Mar 31st, 2026
Rivian spinoff also plans to build autonomous delivery vehicles for DoorDash.

Rivian spinoff also plans to build autonomous delivery vehicles for DoorDash. By March 31, 2026 No Comments 3 Mins Read Also, a micromobility company founded within Rivian and spun out last year, will work with DoorDash to develop self-driving delivery vehicles, the companies announced Tuesday. As part of the deal, DoorDash participated in Also's $200 million Series C funding round led by previous investor Greenoaks Capital. DoorDash also has a seat on Also's board of directors. This raise brings Alsoo's total funding to $505 million and a valuation of more than $1 billion. The startup took off with a $105 million investment from Eclipse. Eclipse is also backed by Mind Robotics, an external industrial AI company that Rivian founded late last year. This also began in 2022 as an internal Skunk Works project at Rivian. As first reported by TechCrunch last year, the EV maker initially set out to make electric bikes and also worked with Jony Ive's design company LoveFrom. And while the company's first product is a high-end, funky-looking electric bike, it's also showing off designs for smaller, pedal-assisted delivery vehicles. Amazon, a major investor and partner in Rivian, ordered thousands of these delivery vehicles late last year. It also says it can carry more than 400 pounds while being small enough to fit in bike lanes. The deal with DoorDash marks the first time that Also will develop self-driving versions of small electric vehicles. Rivian founder RJ Scaringe and CEO Chris Yu told TechCrunch last year that almost any form factor was on the table, within practical limits. Rivian and Ars said micromobility startups not only leverage automakers' technology in their products, but also leverage their retail presence and economies of scale. It's also unclear whether it will take advantage of the autonomy technology Rivian is working on. tech crunch event San Francisco, California | October 13-15, 2026 Rivian currently plans to use a combination of cameras, ultrasonic sensors, radar, and eventually LIDAR to bring autonomy to its vehicles. And late last year, Rivian revealed it had developed its own custom silicon and autonomous computers to further enhance the self-driving capabilities of its vehicles. Scaringe has already hinted that Mind Robotics will use this chip, so it's possible that Also will use it as well. TechCrunch has reached out to both Rivian and Also and will update this article if they respond. DoorDash may handle self-driving technology. The company has its own autonomous division and has spent several years developing a robotic vehicle called Dot that is equipped with lidar, radar and camera sensors and can autonomously navigate roads, bike lanes and sidewalks. The brightly colored, cartoon-eyed vehicles can travel up to 20 miles per hour and make deliveries in the metro Phoenix area.

Recently Posted Jobs

Sign up to get curated job recommendations

ALSO is Hiring for 42 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →