Coco is a robot-powered delivery service company focused on solving the last-mile problem for local merchants. Founded in 2020 by UCLA alumni Zach Rash and Brad Squicciarini, Coco provides a delivery-as-a-service platform using a fleet of distinctive, remotely-piloted sidewalk robots. The company's model allows local restaurants and stores to offer fast, reliable, and more sustainable delivery at a lower cost than traditional app-based services.

Coco has garnered significant attention for its operational efficiency and has received substantial backing from prominent investors. In a major development in June 2025, it was announced that Coco raised $80 million in a new funding round with support from figures like Sam Altman, signaling strong confidence in their human-in-the-loop approach to robotic delivery. While primarily focused on sidewalk-to-doorstep service, their compact robot design has clear potential for applications within large buildings and corporate campuses.

AI Used

Coco employs a human-in-the-loop or teleoperation model, which is a key part of its strategy. Rather than relying on full autonomy, each robot is remotely controlled by a trained human pilot who can navigate complex sidewalk situations safely and efficiently. The robots are equipped with cameras and sensors, and AI assists the pilots with features like collision warnings and maintaining stability. This approach allows Coco to deploy quickly in new cities without needing to solve full, unassisted Level 5 autonomy.

Robots & Products

• Coco 1: The company's signature delivery robot. It's a small, lightweight, zero-emission vehicle designed to travel on sidewalks at human walking speeds. It features a temperature-controlled cargo bay, cameras for the remote pilot, and safety features like lights and a flag.
• Delivery-as-a-Service Platform: The core of their business is the end-to-end service that integrates with merchant point-of-sale systems, dispatches robots, and provides a tracking experience for the end customer.

Funding to Date

Coco has raised over $175 million USD in total funding. This includes a significant $80 million round announced in June 2025, with participation from Sam Altman and other prominent investors. Previous rounds included a $36M Series A led by Insight Partners and a seed round led by Founders Fund.

Why Choose Coco

• Lower Cost for Merchants: Offers a more affordable delivery solution compared to traditional services that take large commissions.
• Operational Efficiency: The teleoperation model allows for rapid deployment and scaling in new markets without the long development cycles required for full autonomy.
• Sustainable & Community-Friendly: The electric, slow-moving robots are designed to reduce emissions and integrate safely into pedestrian environments.
• Strong Investor Backing: Supported by top-tier VCs and influential tech leaders like Sam Altman, validating their business model and technology.
• Reliable and Fast: By focusing on short-range neighborhood delivery, the service can often be faster and more predictable than car-based delivery.