Pony.ai

Fremont, CA, United States Autonomous Vehicles & Mobility Public

Pony.ai is a global autonomous driving technology company that develops and operates Level 4 autonomous vehicles. The company operates three main business units: Robotaxi (driverless passenger transportation), Robotruck (autonomous freight), and Personally Owned Vehicles (POV) for consumer autonomous driving solutions. Pony.ai is licensed to operate fully driverless vehicles in major Chinese cities including Beijing, Guangzhou, Shanghai, and Shenzhen, and offers commercial robotaxi services in these markets. As of 2024, the company has deployed over 1,400 robotaxis globally and is expanding to new markets including Europe, the Middle East, and Southeast Asia.

Public Company

Pony.ai is publicly traded

IPO'd on Nov 27, 2024

PONY NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under PONY.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2016

Employees

1,460

Total Funding

$1.34B

9 rounds

Last Private Valuation

$1.3B

Dec 2, 2024

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

2 signals
IPO Recent amount ~HK$7.7B (~$860M) raised in Hong Kong IPO/listing 2025-11-06

Completed dual-primary listing on HKEX, raising ~HK$7.7B (~$860M) in Hong Kong IPO — largest 2025 AV-sector IPO

New public listing and primary capital add a liquidity venue, reducing urgency for pre-IPO-style secondary trades

Fundraise Recent proceeds up to HK$7.7B 2025-11-06

Listed on HKEX in dual-primary listing, raising up to HK$7.7B including over-allotment

Public float expanded; liquidity via two venues, reduces private-secondary relevance

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $1.34B across 9 rounds

Last updated 10-06-2026

DateRoundAmount RaisedValuationLead Investors
Dec 2, 2024 Post-IPO equity $70.3M $1.3B Not disclosed
Oct 25, 2023 Series D TechCrunch $100M $8.5B NEOM Investment Fund
Mar 6, 2022 Series D (first close) Press release $181.7M $8.5B Not disclosed

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$1B $2B $5B $10B 2018 2020 2022 2024 Pony.ai

Entry · Seed

$1.7B

Mar 2017

Pony.ai today

$1.3B

Dec 2024 · latest mark

Pony.ai multiple

0.8x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Jun Peng

    Chairman and Chief Executive Officer

    LinkedIn
  • Tiancheng Lou

    Executive Director and Chief Technology Officer

    LinkedIn
  • Jackson Peter Tai

    Independent Non-Executive Director

  • Mark Qiu

    Independent Non-Executive Director

  • Asmau Ahmed

    Independent Non-Executive Director

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Waymo

    Alphabet subsidiary developing autonomous driving technology and operating robotaxi services, primarily in the United States.

  • Cruise

    General Motors-owned autonomous vehicle company operating driverless robotaxi services.

  • WeRide

    Chinese autonomous driving company developing robotaxi and robotruck solutions.

  • Wayve

    UK-based autonomous driving company focused on end-to-end learning technology for self-driving vehicles.

  • AutoX

    Chinese autonomous driving startup developing robotaxi services.

  • Nuro

    Autonomous vehicle company focused on last-mile delivery solutions.

Pony.ai Investment FAQ

Pony.ai FAQ

Yes, Pony.ai is publicly traded under the ticker symbol PONY on the NASDAQ. The company went public in Nov 27, 2024.

Pony.ai trades under the ticker symbol PONY on the NASDAQ. It began trading in Nov 27, 2024.

Pony.ai (PONY on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker PONY to place an order.

Pony.ai went public in Nov 27, 2024 via ipo, with an offering valuation of approximately $1.3B. Pony.ai has been publicly traded since November 27, 2024, when it listed on the Nasdaq Global Select Market under the ticker PONY, pricing 20 million American depositary shares at US$13.00 for roughly US$260 million, alongside US$153.4 million of concurrent private placements by strategic investors. On November 6, 2025 the company added a dual-primary listing on the Main Board of the Hong Kong Stock Exchange under stock code 2026, having priced 48,249,000 Class A ordinary shares at HK$139.00 on November 3 for gross proceeds of about HK$6,706.6 million (roughly US$862 million), rising to about HK$7.7 billion if the over-allotment option is exercised in full. It was the largest autonomous-driving listing of 2025, and the proceeds are earmarked for mass production, commercialisation, R&D and new market expansion.

Pony.ai raised $1.34B across 9 disclosed funding rounds prior to its public listing.

Pony.ai is headquartered in Fremont, CA, United States.

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