Address
Locus Robotics Corp
100 Burtt Road
Andover, MA 01810
United States
Company type
Autonomous mobile robots (AMR) for fulfillment warehouses.Overview
Locus Robotics' revolutionary, multi-bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively with human workers to dramatically improve piece-handling productivity 2 – 3x, with less labor compared to traditional piece handling systems. This award-winning solution helps retailers, 3PLs, and specialty warehouses efficiently meet and exceed the increasingly complex and demanding requirements of fulfillment environments, easily integrating into existing warehouse infrastructures without disrupting workflows, instantly transforming productivity without transforming the warehouse. In 2021 Locus Robotics made the list of Inc. 500, ranking number 428.
Funding rounds
Series E USD 50,000,000
USD 50,000,000 ( )
Funding to facilitate continued growth and expansion into new markets around the globe, and more effectively meet the needs of its growing customer and partner ecosystem.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Tiger Global Management LLC | Investment firm focused on public and private companies in the global Internet, software, consumer, and financial technology industries. | USD 50,000,000 (USD 50,000,000) Follow-on investment. Led the round. |
Series E
( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Tiger Global Management LLC | Investment firm focused on public and private companies in the global Internet, software, consumer, and financial technology industries. | Initial investment. |
Series C USD 26,000,000
USD 26,000,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Scale Management LLC (Scale Venture Partners) | Early-stage venture capital firm that invests in Series A and Series B rounds. | Led the round. | |
|
Zebra Ventures | Led the round. |
Series B USD 25,000,000
USD 25,000,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Scale Management LLC (Scale Venture Partners) (Rory O'Driscoll) | Early-stage venture capital firm that invests in Series A and Series B rounds. | Led the round. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Bond Capital | Global technology investment firm that supports visionary founders throughout their entire life cycle of innovation & growth. | Initial investment. |