READY Robotics Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
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26
- Latest Deal Type
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M&A
READY Robotics General Information
Description
Developer of an enterprise-grade automation interface designed to improve the quality of life and productivity through automation. The company's platform connects robotic devices equipped with a cloud computing unit, which helps operators control and program common brands of robots from a single interface with minimal training, enabling manufacturers to solve their labour challenges, boost output, improve quality, reduce costs and augment their workforce through automation.
Contact Information
Website
ready-robotics.com(Operating Subsidiary)
Corporate Office
- 1080 Steelwood Road
- Columbus, OH 43212
- United States
Corporate Office
- 1080 Steelwood Road
- Columbus, OH 43212
- United States
READY Robotics Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 05-Nov-2024 | Completed | Generating Revenue | |||
| 8. Out of Business | 09-Aug-2024 | Completed | Out of Business | |||
| 7. Later Stage VC | 08-Mar-2023 | Completed | Generating Revenue | |||
| 6. Early Stage VC | 01-Sep-2020 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B) | 25-Feb-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 24-Apr-2018 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 2. Seed Round | 24-Oct-2016 | $2M | $3.76M | Completed | Generating Revenue | |
| 1. Seed Round | 20-Apr-2016 | $1.76M | $1.76M | Completed | Generating Revenue |
READY Robotics Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed 2 | 1,080,332 | $0.000100 | 8% | $1.85 | $1.85 | 1x | $1.85 | 3.63% |
| Seed 1 | 2,065,110 | $0.000100 | 8% | $0.85 | $0.85 | 1x | $0.85 | 6.94% |
READY Robotics Comparisons
Industry
Financing
Details
READY Robotics Competitors (25)
One of READY Robotics’s 25 competitors is Universal Robots, a Private Equity-Backed company based in Odense, Denmark.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Universal Robots | Private Equity-Backed | Odense, Denmark | ||||
| Locus Robotics | Venture Capital-Backed | Wilmington, MA | ||||
| Onward Robotics | Formerly VC-backed | Pittsburgh, PA | ||||
| Covariant | Formerly VC-backed | Emeryville, CA | ||||
| Wandelbots | Venture Capital-Backed | Dresden, Germany |
READY Robotics Patents
READY Robotics Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-632200-A | Disposable pad for a mop | Inactive | 05-Dec-1961 | ||
| CA-536889-A | Mop having a disposable mop pad | Inactive | 05-Feb-1957 | ||
| FR-1028000-A | Tank line pullers | Inactive | 30-Aug-1950 | B43K17/005 |
READY Robotics Signals
READY Robotics Former Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Canaan Partners | Venture Capital | Minority | ||
| Drive Capital | Venture Capital | Minority | ||
| Emerald Development Managers | Venture Capital | Minority | ||
| Eniac Ventures | Venture Capital | Minority | ||
| GreenHawk Corporation | PE/Buyout | Minority |
READY Robotics FAQs
-
When was READY Robotics founded?
READY Robotics was founded in 2016.
-
Where is READY Robotics headquartered?
READY Robotics is headquartered in Columbus, OH.
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What is the size of READY Robotics?
READY Robotics has 26 total employees.
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What industry is READY Robotics in?
READY Robotics’s primary industry is Business/Productivity Software.
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Is READY Robotics a private or public company?
READY Robotics is a Private company.
-
What is READY Robotics’s current revenue?
The current revenue for READY Robotics is .
-
How much funding has READY Robotics raised over time?
READY Robotics has raised $43.8M.
-
Who are READY Robotics’s investors?
Canaan Partners, Drive Capital, Emerald Development Managers, Eniac Ventures, and GreenHawk Corporation are 5 of 14 investors who have invested in READY Robotics.
-
Who are READY Robotics’s competitors?
Universal Robots, Locus Robotics, Onward Robotics, Covariant, and Wandelbots are some of the 25 competitors of READY Robotics.
-
When was READY Robotics acquired?
READY Robotics was acquired on 05-Nov-2024.
-
Who acquired READY Robotics?
READY Robotics was acquired by Standard Bots.
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