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Sarcos Robotics

Sarcos Robotics
1983 FOUNDED
M&A STATUS
21-30 EMPLOYEES
Series B LATEST DEAL TYPE
$30M LATEST DEAL AMOUNT
10 INVESTORS
Description

Developer of mobile, dexterous, tele-operated robots designed to augment worker performance. The company's robot combine human intelligence, instinct and judgment with robotic strength, endurance and precision to perform the dangerous and complex tasks in areas where human safety is at risk enabling infrastructure inspection, aerospace, maritime, oil and gas, and mining companies to prevent injury, save lives and create new possibilities for their workers.

Website
Formerly Known As
Raytheon Sarcos
Ownership Status
Acquired/Merged
Financing Status
Venture Capital-Backed
Primary Industry
Other Hardware
Other Industries
Other Software
Primary Office
  • 360 Wakara Way
  • Salt Lake City, UT 84108
  • United States

+1 (888) 000-0000
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Sarcos Robotics Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC (Series B) 05-Sep-2018 $30M 000.00 Completed Generating Revenue
4. Later Stage VC 000.00 Completed Generating Revenue
3. Later Stage VC (Series A) 03-Jan-2017 000.00 000.00 Completed Generating Revenue
2. Merger/Acquisition 20-Jan-2015 Completed Generating Revenue
1. Merger/Acquisition 12-Nov-2007 Completed Generating Revenue
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Sarcos Robotics Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
RE2 Robotics Venture Capital-Backed Pittsburgh, PA 00 00.00 0000000000 00.00
000000 00000 Corporation London, United Kingdom 0000000000
000000 00000000 Corporate Backed or Acquired Waltham, MA 00 000000000000
0000000 0000000000 Corporate Backed or Acquired Cambridge, MA 00 000000&0
00000 (000000) Venture Capital-Backed Paris, France 0 0000000000 0
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Sarcos Robotics Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Raytheon Corporation Majority 000 0000 000000 0

Sarcos Robotics Executive Team (15)

Name Title Board
Seat
Contact
Info
Benjamin Wolff JD Chairman, Director & Chief Executive Officer
Fraser Smith President & Board Member
Michael Gilbert Chief Financial Officer
Christopher Beaufait Executive Vice President & Chief Operating Officer
Kevin Grundy Chief Operating Officer

2 Former Executives

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Sarcos Robotics Board Members (9)

Name Representing Role Since Contact
Info
Ashok Belani Schlumberger Board Member 000 0000
Benjamin Wolff JD Sarcos Robotics Chairman, Director & Chief Executive Officer 000 0000
Dennis Weibling Self Board Member 000 0000
Fraser Smith Sarcos Robotics President & Board Member 000 0000
Iain Cooper Ph.D Schlumberger Technology Investments Board Member 000 0000
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