Simbe Robotics Overview
- Year Founded
-
2014
- Status
-
Private
- Employees
-
103
- Latest Deal Type
-
Later Stage VC
- Investors
-
31
Simbe Robotics General Information
Description
Developer of an AI and robotics software designed to automate retail store operations. The company's robot performs the repetitive and laborious tasks of auditing shelves for out-of-stock items, low-stock items, misplaced items, and pricing errors, enabling clients to streamline store performance and power business-critical intelligence that improves inventory management.
Contact Information
Website
www.simberobotics.comCorporate Office
- 385 Oyster Point Boulevard
- Suite 2
- Burlingame, CA 94080
- United States
Corporate Office
- 385 Oyster Point Boulevard
- Suite 2
- Burlingame, CA 94080
- United States
Simbe Robotics Timeline
Simbe Robotics Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | Completed | |||||
| 5. Later Stage VC (Series C) | 24-Oct-2024 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 13-Jul-2023 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 12-Sep-2019 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 11-Nov-2015 | Completed | Startup | |||
| 1. Accelerator/Incubator | Completed | Startup |
Simbe Robotics Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A-8 | ||||||||
| Series A-7 | ||||||||
| Series A-6 | ||||||||
| Series A-5 | ||||||||
| Series A-4 | ||||||||
| Series A-3 | 585,583 | $0.000100 | $1.94 | $1.94 | 1x | $1.94 | 1.49% | |
| Series A-2 | 1,442,359 | $0.000100 | $0.81 | $0.81 | 1x | $0.81 | 3.66% |
VC Exit Predictor
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Simbe Robotics Comparisons
Industry
Financing
Details
Simbe Robotics Competitors (10)
One of Simbe Robotics’s 10 competitors is RightHand Robotics, a Venture Capital-Backed company based in Boston, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| RightHand Robotics | Venture Capital-Backed | Boston, MA | ||||
| Locus Robotics | Venture Capital-Backed | Wilmington, MA | ||||
| COSY (Hardware) | Venture Capital-Backed | Philadelphia, PA | ||||
| Robotiq | Venture Capital-Backed | Levis, Canada | ||||
| Humatics | Venture Capital-Backed | Waltham, MA |
Simbe Robotics Patents
Simbe Robotics Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12586033-B1 | System and method for selectively re-stocking inventory structures with stock of product from back-of-store inventory | Active | 13-Mar-2025 | ||
| US-20260278531-A1 | System and method for selectively re-stocking inventory structures with stock of product from back-of-store inventory | Pending | 13-Mar-2025 | ||
| WO-2026193108-A1 | System and method for selectively re-stocking inventory structures with stock of product from back-of-store inventory | Pending | 13-Mar-2025 | ||
| US-20260004236-A1 | Method for visualization and generation of a virtual environment of a store | Pending | 27-Jun-2024 | ||
| US-12548345-B2 | Method for autonomous product detection and recognition on inventory structures within a store | Active | 23-May-2024 | G06V20/56 |
Simbe Robotics Signals
Simbe Robotics Investors (31)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 7percent Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Goldman Sachs Growth Equity | Growth/Expansion | Minority | ||
| 10X Capital | Venture Capital | Minority |
Simbe Robotics FAQs
-
When was Simbe Robotics founded?
Simbe Robotics was founded in 2014.
-
Where is Simbe Robotics headquartered?
Simbe Robotics is headquartered in Burlingame, CA.
-
What is the size of Simbe Robotics?
Simbe Robotics has 103 total employees.
-
What industry is Simbe Robotics in?
Simbe Robotics’s primary industry is Electronic Equipment and Instruments.
-
Is Simbe Robotics a private or public company?
Simbe Robotics is a Private company.
-
What is Simbe Robotics’s current revenue?
The current revenue for Simbe Robotics is .
-
How much funding has Simbe Robotics raised over time?
Simbe Robotics has raised $105M.
-
Who are Simbe Robotics’s investors?
7percent Ventures, , , Goldman Sachs Growth Equity, and 10X Capital are 5 of 31 investors who have invested in Simbe Robotics.
-
Who are Simbe Robotics’s competitors?
RightHand Robotics, Locus Robotics, COSY (Hardware), Robotiq, and Humatics are some of the 10 competitors of Simbe Robotics.
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