DoorDash has committed $200 million to Also’s Series C financing, a spinoff of Rivian that has recently surpassed a $1 billion valuation. The investment secures a board observer seat for DoorDash and a multi‑year commercial agreement that will see Also’s small electric vehicles deployed at scale for DoorDash’s autonomous delivery network.
Also, which emerged from a Rivian skunkworks project, builds purpose‑built electric vehicles that can carry more than 400 pounds and are designed for sidewalks and bike lanes. The company already signed a commercial partnership with Amazon in October 2025 to supply e‑cargo quads, positioning it as a key player in the emerging autonomous logistics market.
The partnership aligns with DoorDash’s broader autonomous strategy, which includes the DoorDash Dot robot that entered service in September 2025. By integrating Also’s vehicles, DoorDash aims to expand autonomous delivery into suburban and rural areas where human Dashers are scarce, potentially reducing long‑term fulfillment costs and strengthening its competitive moat in the local commerce space.
DoorDash’s Q4 2025 results showed $4.0 billion in revenue and $780 million in adjusted EBITDA, while its Q1 2026 guidance projects marketplace gross operating value between $31.0 billion and $31.8 billion and adjusted EBITDA of $675 million to $775 million. The new investment reflects DoorDash’s continued allocation of capital toward autonomous technology, even as it balances other growth initiatives such as its partnership with Deliveroo and rising Dasher costs.
Stanley Tang, co‑founder and head of DoorDash Labs, has emphasized the importance of purpose‑built electric vehicles for local delivery, noting that vehicles like Those from Also are better suited to the narrow, congested environments that characterize many delivery routes.
Analysts are monitoring the investment as part of DoorDash’s autonomous push. While some express caution about the capital intensity of such initiatives, others view the partnership as a strategic move that could accelerate margin inflection in the second half of 2026 by reducing reliance on human labor and expanding DoorDash’s delivery footprint.
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