Alumni Ventures Partners with Gatik to Revolutionize Autonomous Middle-Mile Logistics
Co-Founder and CEO Gautam Narang Recently Discussed His Company on AV’s Tech Optimist Podcast
Alumni Ventures (AV), one of the world’s most active venture capital firms, is a proud investor in Gatik. The company is transforming supply chains with autonomous trucking for middle-mile logistics. AV is part of Gatik’s growing portfolio of venture capital firms whose leadership, experience, and strategic investment have been instrumental to the company’s continued growth. Key funding partners include Isuzu Motors, Ryder, Goodyear, FM Capital, Innovation Endeavours, Dynamo Ventures, Wittington Ventures, Trucks VC, and Intact Ventures.
The autonomous trucking industry is projected to grow into a $600 billion market by 2035. Additionally, over the next 15 years, employment in the industry could reach 455,000 workers to meet the demand for production, distribution, maintenance, upgrades, and repairs.
Founded in 2017, Gatik has quickly positioned itself as an innovative leader in the middle-mile sector, fulfilling a crucial role in supply chain logistics between distribution centers and retail locations. The company focuses on short-haul, B2B logistics, optimizing customers’ hub-and-spoke operations, enhancing service levels and product flow while reducing delivery time and labor costs.
Tech Optimist Episode #73: Meet the Startup Driving the Future With Autonomous Trucks
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“We identified a major gap between long-haul and last-mile logistics, where a dedicated solution was lacking,” said Co-Founder and CEO Gautam Narang, who recently discussed his company on AV’s Tech Optimist podcast. “Our mission is to bridge this gap with the safest, most reliable technology, enabling us to scale quickly in a structured environment.”
Through partnerships with major brands, including Walmart, Kroger, and Loblaw, Gatik operates the largest revenue-generating commercial fleet of autonomous trucks on the continent, with over 600,000 commercial deliveries for its customers. The company’s 100% safety record is a testament to its unique business model, which focuses on fixed, repeatable delivery networks to minimize environmental complexity and risk. By the end of 2025, Gatik is targeting Freight-Only operations at scale — operations on multiple routes, across multiple networks, for multiple customers.
Gatik’s leadership position in the $250 billion middle mile logistics market was recently highlighted with the announcement of the company’s collaboration with Edge Case Research and TÜV SÜD to conduct a safety case assessment of its Freight-Only operations. This industry-first initiative underscores the company’s dedication to setting the highest standards possible for safety in autonomous trucking. In August 2024, the company announced a strategic investment from global logistics leader NIPPON EXPRESS HOLDINGS, INC.
“The opportunity within repeat middle-mile routes is both enormous and enduring,” said AV Managing Partner and Board Member Laura (Bordewieck) Rippy, who hosted the conversation with Narang on AV’s Tech Optimist podcast. “We’re excited to support Gautam and the Gatik team as they expand their robust network of Fortune 500 partners and expand to additional geographies.”
Gatik, the leader in autonomous middle mile logistics, is revolutionizing B2B logistics with autonomous transportation-as-a-service (ATaaS) and prioritizing safe, consistent deliveries and streamlining freight movement by reducing congestion. The company focuses on short-haul, B2B logistics for Fortune 500 retailers and in 2021 launched the world’s first fully driverless commercial transportation service with Walmart. Gatik’s Class 3-7 autonomous box trucks are commercially deployed in multiple markets including Texas, Arkansas, and Ontario. Gatik is partnered with industry leaders including Isuzu Motors, Ryder and Goodyear. Founded in 2017 by veterans of the autonomous technology industry, the company has offices in Mountain View, Dallas Fort Worth and Toronto.
About Alumni Ventures
Alumni Ventures offers accredited individuals access to professional-grade venture capital, a key asset class missing from the portfolios of many sophisticated investors. Since 2014, AV has raised $1.3+ billion from 10,000+ investors and backed 1,400+ unique portfolio companies. AV is a top 20 VC firm in North America according to CB Insights and the #1 most active VC firm in the U.S., and #3 most active in the world, according to PitchBook’s 2022 and 2023 rankings. AV has won awards from Inc. Magazine, Fast Company, Benzinga, and the US FinTech Awards. AV funds are private, for-profit, and not affiliated with or sanctioned by any school.
About Tech Optimist
The Tech Optimist Podcast, presented by Alumni Ventures (AV), focuses on the intersection of technology, entrepreneurship, and innovation. True to our name, we are passionate about technology and its potential to drive positive change. We explore our lane through interviews with founders, investors, and futurists; discussions of new innovations; and reviews of trends in tech and venture capital. Subscribe Here »
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