Primary Revenue Streams
- Robot-as-a-Service (RaaS): Serve Robotics offers robots on a subscription-based model, providing customers with access to autonomous delivery solutions without upfront capital expenditures.
- Delivery Fees: The company earns a commission on each delivery made through its platform, partnering with food establishments and delivery services.
- Hardware Sales: Serve Robotics sells its robots to businesses, providing upfront revenue.
Secondary Revenue Streams
- Advertising: Partnering restaurants can advertise on Serve Robotics' platforms, increasing visibility.
- Data Analytics: Serve Robotics collects valuable data on consumer behavior, providing insights to partner businesses.
- Maintenance and Support Services: Offered to customers, generating additional revenue.
Key Partnerships Driving Revenue
- Uber Eats: Delivery partnership generating commission-based revenue.
- Shake Shack: Exclusive delivery agreements.
- 7-Eleven: Expanded delivery services.
Future Revenue Opportunities
- Expansion into New Markets: Entering international markets.
- Diversifying Services: Offering robots for additional industries (e.g., healthcare, logistics).
- Enhanced Analytics: Developing premium data analytics services.
About SERV
Serve Robotics, Inc. is engaged in developing next generation robots for last-mile delivery services. The Company offers an autonomous all-electric robot that makes delivery sustainable and economical. The Company’s fleet consists of over 100 robots. Its autonomous all-electric robot can provide real-time presence and status updates on those platforms and receive requests to perform deliveries with respect to customer orders placed on those platforms as needed. It uses artificial intelligence methodologies to design, train and deploy a host of models on robots to perform a variety of tasks, including identification of sidewalk surfaces, intersections, traffic signals, obstacles, pedestrians, and vehicles, and projecting the trajectory of other dynamic agents. Its capabilities include automatic emergency braking, vehicle collision avoidance, and fail-safe mechanical braking. The robots consist of a number of key systems, such as drivetrain, power system, and connectivity.
More About SERV
- SERV: What are the potentials for Serve Robotics?
- SERV: What are the competitive advantages and disadvantages of Serve Robotics over its competitors?
- SERV: Serve Robotics' business model, competitors, or future prospects
- SERV: What is the Investment Value for Serve Robotics?
Next Possible Winners
