-35%

est. 2Y upside i

Series D+

Transforming cities and rural areas through AV transit and technology

Rank

#2820

Sector

Autonomous Vehicles

Est. Liquidity

~3Y

Data Quality

Data: Medium

May Mobility presents a moderate upside opportunity with higher risk, driven by its strong revenue growth (~44% YoY) in the promising autonomous vehicle sector.

Last updated: March 10, 2026

Bull (15%)+150%

May Mobility's strategic partnerships with Uber and Lyft for robotaxi deployments in major cities like Arlington and Atlanta, coupled with international expansion into Japan and Southeast Asia via NTT and Grab, drive significant revenue growth to over $400M by 2028. This strong execution, combined with the unique MPDM technology, justifies a $4.5B valuation (2.5x current estimated valuation of $1.8B), as the company captures a meaningful share of the rapidly expanding robotaxi and autonomous shuttle markets.

Base (50%)+50%

May Mobility continues to grow its autonomous shuttle and robotaxi services, achieving approximately $250M in revenue by 2028 through existing partnerships and gradual expansion. While facing intense competition from well-funded incumbents like Waymo, the company maintains its niche in B2B/B2G deployments. This steady progress supports a $2.7B valuation (1.5x current estimated valuation of $1.8B), reflecting solid execution but limited market dominance.

Bear (35%)-50%

Intensified competition from Waymo and Cruise, coupled with slower-than-expected regulatory approvals and high operational costs, significantly impedes May Mobility's growth. Revenue stalls below $200M by 2028, leading to further capital raises at a lower valuation. A down round to $0.9B (0.5x current estimated valuation of $1.8B) results in substantial dilution and limited returns for common stock holders, especially given the high liquidation preferences from $383M in total funding.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Investors hold $383M in liquidation preferences ahead of common stock, representing approximately 21.3% of the estimated $1.8B valuation.

Dilution Risk

high

Given the company's unprofitability and high capital intensity, additional funding rounds are likely needed, which will lead to further dilution for existing equity holders.

Secondary Liquidity

limited

Current market activity for May Mobility stock is low, with limited buyers or sellers, suggesting restricted opportunities for early liquidity.

View all 31 open roles at May Mobility →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on May Mobility's data — designed to show you've done your homework.

  • 1

    “Given the intense competition from Waymo and Cruise, how does May Mobility plan to differentiate its B2B/B2G partnership model and MPDM technology to secure long-term market share and achieve profitability?”

  • 2

    “With current revenue around $158M and a weighted growth of ~44% YoY, what are the key milestones and financial targets for the next 2-3 years to demonstrate a clear path to profitability and a successful liquidity event?”

  • 3

    “Considering the Series D funding and the capital-intensive nature of AV development, what is the company's strategy for future funding rounds, and how does the leadership team envision the timeline and potential mechanisms for employee equity liquidity?”

Community

Valuation Sentiment

Our model estimates -35% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.