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Arrive AI, an autonomous delivery network company, has received approval to list its shares on the Nasdaq under the symbol ARAI, with trading set to commence on May 15, 2025. The company specializes in secure, autonomous package delivery through its patented AI-powered Arrive Points™ technology. Founded on a universal access point patent filed before Amazon's, Arrive AI has expanded its IP portfolio to include climate assistance and anti-theft features.
The company has raised nearly $12 million through crowdfunding and secured an additional $40 million from an institutional investor prior to its direct listing. With nearly 5,000 investors, Arrive AI leverages data technology and AI to streamline last-mile delivery services, focusing on building essential infrastructure for autonomous delivery ecosystems. Maxim Group LLC served as the exclusive financial advisor for the direct listing.
