SERVE ROBOTICS INC (SERV)
Sector: Consumer Discretionary
Sector: Consumer Discretionary
SERVE ROBOTICS INC - Executive Compensation
President and Chief Operating Officer
Executive Compensation
Touraj Parang serves as President and Chief Operating Officer at Serve Robotics Inc., a pioneering company in autonomous sidewalk delivery robots. With over two decades of experience in technology operations and logistics, Parang brings a wealth of expertise from his tenure at leading firms in the on-demand economy. Prior to joining Serve, he held senior roles at Postmates, including Vice President of Operations, where he scaled nationwide delivery networks and optimized supply chain efficiencies following the company's acquisition by Uber in 2020. His early career included positions at high-growth startups and enterprises, honing skills in operational strategy, team leadership, and rapid scaling. At Serve Robotics, Parang has been instrumental in transforming the company from its origins as a spinout from Uber's Advanced Technologies Group into a leader in last-mile delivery automation. Under his leadership as COO since 2022—and subsequent promotion to President & COO—he has overseen the deployment of hundreds of AI-powered robots in partnership with Uber Eats, achieving significant milestones in operational reliability, cost reduction, and urban deployment. Key achievements include expanding commercial pilots to major markets like Los Angeles and Dallas, securing multimillion-dollar funding rounds, and advancing robot uptime to over 99%, positioning Serve for nationwide scalability. In his current role, Parang drives the company's end-to-end operations, from engineering integration and fleet management to regulatory compliance and strategic partnerships. His vision emphasizes sustainable, efficient delivery solutions that reduce emissions and enhance urban mobility, propelling Serve Robotics toward its goal of deploying thousands of robots across North America. Parang's strategic acumen continues to fuel the company's growth as it navigates the forefront of robotics innovation.