Fundz

ALSO has announced a $150 million Series D financing round to support its growth initiatives.

PRIVATEAug 19, 2026

Amount Raised

$150 Million

Round Type

Series D

Palo AltoManufacturingAutomotive

Investors

DoordashPrysm CapitalGreenoaks Capital

Description

ALSO has successfully secured $150 million in Series D funding. This financing will be utilized to enhance its product offerings and expand market reach. The investment highlights investor confidence in ALSO's growth strategy. Details on the participating investors will be shared soon.

Quick answer

Also raised $150 Million in a Series D round, dated August 19, 2026. Investors: Doordash, Prysm Capital and Greenoaks Capital. Also is based in Palo Alto, California, United States.

How much did Also raise?
Also raised $150 Million in a Series D round on August 19, 2026.
Who invested in Also?
Doordash, Prysm Capital and Greenoaks Capital are named as investors in this round.
What does Also do?
Also is a micromobility startup spun off from Rivian Automotive, focusing on lightweight electric vehicles.
Where is Also based and how big is it?
Also is based in Palo Alto, California, United States. Fundz records about 330 employees.
Who are the decision-makers at Also?
Fundz holds 4 contacts at Also, including the Head of Talent Acquisition. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Automotive and Manufacturing around the same time

Companies in the same sectors as Also that raised within 45 days of this round, from Fundz verified event records.

  • Geely raised an undisclosed amount on October 1, 2026.
  • TI Clean Mobility Private Limited raised $26M (Series C) on September 30, 2026.
  • Simple Energy raised $182M (Series C) on September 30, 2026.
  • Arbe raised $15M (Post-IPO Equity) on September 28, 2026.
  • Axya raised $13M (Series A) on September 24, 2026.
  • Dana Holding raised an undisclosed amount on September 21, 2026.

Who to call at Also, and when

A new round usually means Also is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Also raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Also, from your own LinkedIn network

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Company Information

Company

Also

Location

Palo Alto, California, United States

About

Also is a micromobility startup spun off from Rivian Automotive, focusing on lightweight electric vehicles. The company will offer small, electrically powered vehicles targeted at various price points and geographies. As demand for sustainable transportation grows, Also aims to address congestion, affordability, and emissions through innovative solutions. The company plans to unveil its products later this year, with a flagship product expected in 2026.

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Fundz sees it the moment Also raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

4 contacts
Verified contactsMara, Head of Talent Acquisition hiddenSee plans and pricing
Predictive Intelligence
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Also raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.