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About Coco
Industries
Food & Agriculture
Social Impact
Company Size
501-1,000
Company Stage
Series A
Total Funding
$41.5M
Headquarters
Santa Monica, California
Founded
2020
Overview
CocoDelivery.com provides a food delivery service that connects customers with local restaurants, delivering meals directly to homes or workplaces. The service focuses on ensuring that food arrives faster, hotter, and fresher than what competitors offer. Customers can easily browse local restaurant options and place orders with a straightforward pricing model that includes no hidden fees or tips, making it appealing to those who value transparency. Additionally, CocoDelivery.com aims to support local restaurants by helping them reach more customers, which can boost their sales. The company operates with a commitment to sustainability, claiming to have zero emissions, which attracts environmentally conscious consumers. By charging a delivery fee that is shared with restaurants, CocoDelivery.com operates on a volume-based profit model, allowing it to maintain lower fees compared to other delivery services.
Simplify's Take
What believers are saying
- Partnership with Uber Eats expands Coco's customer base and brand visibility.
- Collaboration with OpenAI enhances Coco's robotics and AI capabilities for efficient deliveries.
- Growing demand for sustainable delivery aligns with Coco's zero-emissions promise.
What critics are saying
- Dependency on Uber's platform may limit Coco's market expansion.
- Intellectual property challenges may arise from collaborations with OpenAI and RoboSense.
- Technological failures in robotics could pose significant operational risks for Coco.
What makes Coco unique
- Coco promises faster, hotter, and fresher deliveries than competitors.
- The company operates with a zero-emissions delivery model, appealing to eco-conscious consumers.
- Coco's transparent pricing model eliminates hidden fees, attracting cost-sensitive customers.
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Funding
Total Funding
$41.5M
Above
Industry Average
Funded Over
2 Rounds
Founders FundIndustry standards
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↓ -4%2 year growth
↓ -5%LAS VEGAS, March 12, 2025 /PRNewswire/ -- Today at the HumanX Summit, Coco Robotics announced a research collaboration with OpenAI aimed at advancing both AI and robotics. As part of this endeavor, Coco and OpenAI will share insights gained from more than half a million remotely monitored and piloted deliveries, and AI technology used by hundreds of millions of people worldwide, respectively."AI is already a big part of our digital life, but the physical world has been largely untouched," said Zach Rash, CEO of Coco Robotics. "Working with OpenAI brings us closer to robotic delivery that's truly autonomous, ultra-reliable, and more affordable."Coco Robotics has significant experience dealing with complex and dynamic urban environments, and the company's insights will help AI models continue to learn about novel situations. OpenAI's models are today used by hundreds of millions of people worldwide, are multimodal, and can play a meaningful role in advancing robotics research."We're so excited about this research collaboration with Coco Robotics and the opportunity to work together to advance AI and robotics," said OpenAI's Caitlin Kalinowski. "Coco Robotics has a very impressive track record, and we look forward to exchanging knowledge to help bring the benefits of AI into the physical world."Through this collaboration, Coco will integrate OpenAI's latest models into its robotics stack, further automating core tasks like path planning, obstacle avoidance, and real-time decision-making. The research collaboration will help the continued development of scalable, intelligent robotics that can safely and efficiently navigate urban environments.About Coco RoboticsCoco Robotics is the world's largest urban robot delivery platform
LAS VEGAS, Jan. 12, 2025 /PRNewswire/ -- RoboSense (2498.HK), a global leader in AI-driven robotics technology, and Coco Robotics, an innovator in delivery robots, have announced a strategic partnership to transform last-mile logistics. By combining RoboSense's advanced sensor technology with Coco Robotics's delivery solutions, the collaboration aims to enhance safety, efficiency, and sustainability in urban networks
Coco Robots to Start Delivering on Uber Eats in Los Angeles LOS ANGELES, Aug. 26, 2024 /PRNewswire/ -- Uber and Coco today announced a strategic partnership to launch Coco's sidewalk robots on Uber Eats, starting in Los Angeles this week and expanding to more cities in the months to come. This partnership with Uber builds on Coco's existing relationships with hundreds of merchants in the Los Angeles area. A Coco on delivery in Los Angeles County. "We're thrilled to partner with Uber to expand our services to even more customers," said Zach Rash, Cofounder and CEO of Coco. "With our rapidly growing fleet we're in a unique position to bring unprecedented scale to this partnership and deliver the benefits of sustainable and affordable robot delivery to more customers around the world.""We're excited to welcome Coco's sidewalk robots on Uber Eats to enhance the delivery experience for both our merchants and customers," said Noah Zych, Global Head of Autonomous Mobility Delivery at Uber
In today's episode of Category Visionaries, Frontlines speak to Zach Rash, CEO and Co-founder of Coco, a food delivery robot that's raised $60 Million in funding.
BOT or NOT? This special series explores the evolving relationship between humans and machines, examining the ways that robots, artificial intelligence and automation are impacting our work and lives.Lee Kindell, owner and chef at Moto Pizza, catches one of his pies as it emerges from a Picnic Pizza Station. Kindell is employing the robotic device at his newest location in Seattle. (GeekWire Photo / Kurt Schlosser)When Lee Kindell first started making his Filipino-inspired brand of what he calls “odd pizza,” he was the artisan guy — a purist who made his dough by hand in an 18th century wooden dough trough.But an arm injury put a kink in that method, and Kindell finally got himself a mechanical dough mixer. He soon realized that the difference between hand and mixer mixing was not enough for his customers to notice, and if the typical layman pizza eater didn’t recognize it, Kindell viewed it as his ticket to scaling the business.A Moto Pizza box. (GeekWire Photo / Kurt Schlosser)“When that light bulb went off, I was all in,” he said. “I was thinking about machinery, robotics, the labor shortage and all those kinds of things
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About Coco
Industries
Food & Agriculture
Social Impact
Company Size
501-1,000
Company Stage
Series A
Total Funding
$41.5M
Headquarters
Santa Monica, California
Founded
2020
There are no jobs for Coco right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Coco