Arrive AI eclipses $1.25M mark in crowdfunding for the third straight time

Latest raise brings the leader in Autonomous Last Mile delivery to more than $11 million in investments

INDIANAPOLIS, Indiana (June 19, 2024) - Arrive AI, the inventor of the nation's first AI-powered smart mailbox platform and holder of a first position patent portfolio for the technology, has raised more than $1.5 million in its latest crowdfunding effort.

"We could not be more proud of the validation from our investors voting with their dollars for US! Our investor community is made up of everyday people who see the value in our business model and share our excitement as we approach our public trading debut," said Arrive AI CEO Dan O'Toole. "It's also, apparently, virtually unheard of to have this level of success with crowdfunding, so that's another point of pride."

Launched in 2014 with an idea of providing a secure package delivery point for autonomy, Arrive AI has now raised more than $11 million via individual contributions and three crowdfunding raises, garnering more than $6 million combined over its three raises on WeFunder, StartEngine and PicMii.

Per Fundera, the average successful crowdfunding campaign raised in 2022 was just $824 and the average, fully funded campaign had 300 backers. Arrive AI has more than 5,000 individual contributors.

Arrive AI's platform solves a longstanding issue of package security and sets the stage for a multitude of other services with its autonomous last mile offerings.

In the U.S. alone last year, more than $1 trillion was spent on e-commerce and more than 21 billion packages were shipped. More than 40 percent of Americans have experienced package theft. The typical stolen parcel was worth about $50. Package thieves poached more than $8 billion in merchandise over the past year.

Arrive AI's MaaS platform provides a secure receptacle into which traditional mail and packages will be deposited. Only the subscriber and delivery (human or autonomous device) will be able to open the device, which will be securely installed and protected by alarms and video. Because autonomous deliveries will be made via QR Code identification, inaccurate deliveries will be greatly reduced. Subscribers will be able to return packages as easily as they are delivered. Large enterprises like hospital campuses, retirement communities, and business centers can also use the platform to speed deliveries from clinic to laboratory and back to clinics for faster analysis and prognosis.

About Arrive AI
Arrive AI's patented Mailbox-as-a-Service (MaaS) platform makes the exchange of goods between people, robots and drones frictionless through the use of artificial intelligence, leveraging climate-assisted cargo space, smart alerts and advanced chain of custody controls to secure the last inch of the last-mile for all shippers, delivery services and autonomous delivery networks. Arrive is merging with Bruush (Nasdaq: BRUUSH) to trade as ARRV. To learn more visit:

Featured Product

Knight Optical - Unlocking Precision for the Robotics and Automation Revolution

Knight Optical - Unlocking Precision for the Robotics and Automation Revolution

In the era of Industry 4.0, automation and machine learning drive the future. Knight Optical stands at the forefront, collaborating globally to supply precision optical components that power the robotics and automation sector. From UAVs, drones, and robotics to machine vision, LiDAR-driven car sensors, and renewable energy, our optics empower innovation. Optical components play an important role within the industry, including: Optical windows and domes safeguard systems in unmanned vehicles while preserving the field of view for cameras. Infrared lenses with aspheric surfaces elevate thermal imaging. Optical filters excel in machine vision, with colour glass, interference, and dichroic filters in our stock. Knight Optical provides stock components and custom solutions made to your exact specs. With every component undergoing rigorous metrology and QA checks before shipment, you are sure to experience true precision, innovation, and assurance.