Berkshire Grey Overview
Founded
2013
Status
Private
Employees
177
Latest Deal Type
Series B2
Latest Deal Amount
$263M
Investors
5
Berkshire Grey General Information
Description
Developer of a materials handling system intended to automate omnichannel fulfillment. The company's system utilizes artificial intelligence, computer vision, machine learning and novel sensing to deploy intelligent robotic systems that automate tasks never before performed by machines in commercial settings, enabling customers to achieve higher accuracy and throughput speeds than traditional approaches as well as handle the broadest assortment of products, packaging and parcels with ease.
Contact Information
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Logistics
Other Industries
Business/Productivity Software
Primary Office
- 10 Maguire Road
- Building 4, Suite 190
- Lexington, MA 02421
- United States
+1 (833) 000-0000
Berkshire Grey Timeline
Berkshire Grey Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC (Series B2) | 21-Jan-2020 | $263M | 00000 | Completed | Stealth | |
| 5. Later Stage VC (Series B1) | 13-Nov-2018 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
| 4. Later Stage VC (Series B) | 01-Aug-2017 | 0000 | 000.00 | 0000 | Completed | Generating Revenue |
| 3. Secondary Transaction - Private | 000.00 | Completed | Stealth | |||
| 2. Early Stage VC (Series A) | 20-Apr-2016 | $13.5M | $16.5M | 0000 | Completed | Stealth |
| 1. Early Stage VC (Series A1) | 25-Oct-2013 | $3M | $3M | 00.00 | Completed | Stealth |
Berkshire Grey Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B3 | 0,000,000 | 00.000000 | 00 | 000.00 | 000.00 | 00 | 000.00 | 0.000 |
| Series B2 | 00,000,000 | 00.000000 | 00 | 000.00 | 000.00 | 00 | 000.00 | 00.000 |
| Series B1 | 0,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 0.000 |
| Series B | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A4 | 000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series A3 | 000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series A2 | 0,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 00.000 |
| Series A1 | 2,403,846 | $0.001000 | 8% | $1.04 | $1.04 | 1x | $1.04 | 6.35% |
| Series A | 2,212,389 | $0.001000 | 8% | $0.23 | $0.23 | 1x | $0.23 | 5.85% |
Berkshire Grey Executive Team (5)
Berkshire Grey Board Members (7)
| Name | Representing | Role | Since |
|---|---|---|---|
| Nadia Shouraboura Ph.D | Self | Advisor and Board Member | 000 0000 |
| Peter Barris | New Enterprise Associates | Advisor and Board Member | 000 0000 |
| Richard Boyle | Canaan Partners | Advisor and Board Member | 000 0000 |
| Sven Strohband Ph.D | Khosla Ventures | Advisor and Board Member | 000 0000 |
| Tom Wagner Ph.D | Berkshire Grey | Founder, Chief Executive Officer, Advisor & Board Member | 000 0000 |
1 Former Board Member
Berkshire Grey Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| SoftBank Group | Corporation | Minority | 000 0000 | 000000 0 | |
| New Enterprise Associates | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Canaan Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Jeffrey Immelt | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| Khosla Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
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