Company

Rabbit Inc

Rabbit Inc is a Los Angeles-based consumer AI company developing the R1, a handheld AI-native device powered by a Large Action Model that handles tasks through…

Track Rabbit Inc

Founded: 2022
HQ: Los Angeles, California, USA
Status: private

The verified answer

As of Sep 2026, DEPLOY verifies Rabbit Inc: 1 model, 1 deployment across 1 region, $10.0M raised. 4 sources back the record.

CategoryWearable AI

Funding

$10.0M

Models

Deployments

Overview

Rabbit Inc is a Los Angeles-based consumer AI company developing the R1, a handheld AI-native device powered by a Large Action Model that handles tasks through voice interaction. The $199 device launched at CES 2024 and was later showcased at IFA 2025 with advanced Embodied AI capabilities.

Verified record

Verified deployments: 1 deployment on file
Active incidents: None on file

Valuation of record

DEPLOY VERIFIED

$60M (reported, approximate)as of Oct 2023

Priced roundSeries A post-money

See the full valuations ranking →

Key facts

Product

Rabbit R1 AI assistant device ($199)

Founder

Jesse Lyu (CEO)

Design Partner

Teenage Engineering

Company Type

Consumer-AI hardware startup

Fundingsee investors →

$10M Series A (Oct 2023)

Financial stage

Distressed — product launched but faced critical reviews and returns

CES 2024

60,000+ R1 units sold in days following CES 2024 unveiling

R1 price

$199 (one-time purchase, no subscription)

R1 status

Still on sale but struggled — sold 100K units, mass returns, payroll issues reported

Data & sources

Press releases

Web sources

4 sources backing this record.View all →

Models (1)

View all models →

Current platform

r1

The Rabbit R1 is a $199 pocket AI companion device with unlimited AI conversations, translation, and voice recordings. Launched in 2024, it sold approximately 100,000 units but faced mass returns and critical reviews. No subscription required — one-time purchase.

wearableView model →

Rabbit Inc on the deployment map

View the global map

1 verified deployment across 1 region, newest verified Jun 2024. Explore where Rabbit Inc's robots are operating, by place and type.

Free to use on your site, with a link back to DEPLOY.

The global deployment map →

operationalr1 at Santa Monica →West Coast · verified Jun 2024

View the full Rabbit Inc deployment record →

Free to use on your site, with a link back to DEPLOY.

Relationships

RRabbit IncCustomer

Founders (1)

Jesse Lyuno longer at company

See all founders across the registry →

Former / Previously (1)

Jesse Lyu founderreported, not verified

Safety record

No incidents on record for Rabbit Inc.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Operator customers (1)

Rabbit Inc1 deployment

Recent coverage

Rabbit Inc in third-party press

CodeRabbit bags $143M to help companies get a grip on the explosion of AI-generated code

Aug 12, 2026

What's next for Rabbit? Employees say they haven't been paid for months

Jun 1, 2025

AI agents like Rabbit aim to book your vacation and order your dinner

Feb 21, 2024

Peers

35 peers across 1 segment. Every Rabbit Inc competitor derived from shared form-factor and application-domain edges.

wearable(35)

32 companies in this segment · highly_concentrated (HHI 2595.3892239124602) · leader Oculus VR at 4361%

Financial state

Total funding: $10.0M
Reporting basis: private_reported
Lifecycle stage: mature
Counterparty risk class: low

Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.

Funding rounds (1)

Series A2023-10-15
$10M(reported) · $60M post

See the full valuations ranking →

Timeline

Every recorded move in Rabbit Inc’s history, most recent first: funding rounds, partnerships, acquisitions, supply-chain starts, key hires, and press.

Funding roundSeries A funding round
2023-10-15
Series A raising $10000000

Recent activity

Every change to this record is dated, sourced, and independently verified where marked.

Verified media addedVerifiedJun 5, 2026
Rabbit R1 launch
Record createdJun 3, 2026
Added to the verified registry
Deployment verifiedVerifiedJun 1, 2024
r1 at Santa Monica

Full change history →

Sources (4)

Common questions

What is Rabbit Inc?

What does Rabbit Inc make?

Rabbit Inc has 1 robot model on the DEPLOY registry: r1 (Rabbit Inc builds both physical robots and the AI that runs them).

Is Rabbit Inc publicly traded?

No. Rabbit Inc is privately held and not publicly traded, per the DEPLOY registry.

Who competes with Rabbit Inc?

On the DEPLOY registry, peer companies to Rabbit Inc building in the same form factors include Earendil Robotics, Bee, Plaud AI, Xiaomi.

Who is the CEO of Rabbit Inc?

Jesse Lyu is the founder of Rabbit Inc, per the DEPLOY registry.

How can I invest in Rabbit Inc?

Rabbit Inc is a private company; its shares are not available on public markets, so retail investors cannot buy the stock today. It has raised $10M in disclosed funding.

Where is Rabbit Inc headquartered?

Rabbit Inc is headquartered in Los Angeles, California, USA.

How much funding has Rabbit Inc raised?

Rabbit Inc has raised approximately $10M in disclosed funding on record in the DEPLOY registry.

Who owns Rabbit Inc?

Rabbit Inc is privately held and venture-backed ($10M raised); ownership sits with its founders and private investors.

Where does Rabbit Inc operate robots?

Rabbit Inc operates 1 verified deployment, including at Santa Monica.

How many robots has Rabbit Inc deployed?

DEPLOY has 1 verified Rabbit Inc deployment on record at sites including Santa Monica. That is a count of distinct field deployments each backed by sourced evidence, not a manufacturer's claimed unit total; it updates as new sites are verified.

Is Rabbit Inc a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Rabbit Inc ranks in roughly the top 72% of companies tracked by the registry.

When was Rabbit Inc founded?

Rabbit Inc was founded in 2022.

Is Rabbit Inc safe?

Rabbit Inc has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.

Methodology: Verified · 4 sources (2 primary) · last reviewed 2026-08-21

Verification posture

Verified

High confidence

Review state

Stable

Last reviewed 2026-08-21

Sources by quality tier

2: primary-company-ir; Company IR disclosure
1: knowledge-base; Knowledge base
1: unclassified; Unclassified source

The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.

Peer companies

Earendil Robotics4 models
Bee3 models
Plaud AI3 models
Xiaomi3 models
Ascentiz2 models
Baidu2 models

Rabbit Inc

Overview

Key facts

Data & sources

Models (1)

r1

Rabbit Inc on the deployment map

Relationships

Founders (1)

Former / Previously (1)

Safety record

Operator customers (1)

Recent coverage

Peers

wearable(35)

Financial state

Funding rounds (1)

Timeline

Recent activity

Sources (4)

Common questions

Peer companies

In the press

CodeRabbit bags $143M to help companies get a grip on the explosion of AI-generated code

What's next for Rabbit? Employees say they haven't been paid for months

AI agents like Rabbit aim to book your vacation and order your dinner

Rabbit r1 — Wikipedia

Startups Are Racing to Create the iPhone of AI

Rabbit Inc. raises additional $10M to launch first AI-native hardware device

Machine-readable surfaces

Peer companies

Video