Berkshire Grey Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 291

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $375M

Berkshire Grey General Information

Description

Berkshire Grey Inc helps customers delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Its solutions are a fundamental engine of change that transforms pick, pack, move, store, organize and sort operations to deliver a competitive advantage for enterprises. Majority of the revenue is derived from North America.

Contact Information

Formerly Known As
Acceleration Acquisition Corp
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Other Hardware
Other Industries
Logistics
Electrical Equipment
Parent Company
Corporate Office
  • 140 South Road
  • Bedford, MA 01730
  • United States
+1 (833) 000-0000

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Berkshire Grey Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Merger/Acquisition 20-Jul-2023 $375M 00000 00000 Completed Generating Revenue
9. PIPE 10-Sep-2022 0000 00000 00000 Completed Generating Revenue
8. PIPE 22-Jul-2021 00000 00000 Completed Generating Revenue
7. Reverse Merger 22-Jul-2021 00000 00000 00.000 Completed Generating Revenue
6. Secondary Transaction - Private 21-Jan-2020 00000 Completed Startup
5. Later Stage VC (Series B2) 21-Jan-2020 00000 00000 00000 Completed Generating Revenue
4. Early Stage VC (Series B1) 13-Nov-2018 000.00 000.00 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 01-Aug-2017 0000 000.00 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 20-Apr-2016 $13.5M $16.5M 000.00 Completed Startup
1. Early Stage VC (Series A) 25-Oct-2013 $3M $3M 00.00 Completed Startup
To view Berkshire Grey’s complete valuation and funding history, request access »

Berkshire Grey Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B1 0,000,000 00.000000 00 00.0 00.0 00 00.0 00.000
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 00.00
Series A1 2,403,846 $0.001000 8% $1.04 $1.04 1x $1.04 9.22%
Series A 2,212,389 $0.001000 8% $0.23 $0.23 1x $0.23 8.49%
To view Berkshire Grey’s complete cap table history, request access »

Berkshire Grey Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Berkshire Grey Inc helps customers delivering game-changing technology that combines AI and robotics to automate fulfill
Other Hardware
Bedford, MA
291 As of 2023
00000
00000 0000-00-00
000000&0 00000

0000 0

amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et
0000000000 000000000
Bedford, MA
000 As of 0000
000.00
000000 - 000 000.00

000000

re dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla
0000000000 00000000
Glenville, NY
00 As of 0000
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Berkshire Grey Competitors (14)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Soft Robotics Venture Capital-Backed Bedford, MA 000 000.00 000000 - 000 000.00
Applied Robotics (New York) Corporation Glenville, NY 00
Clearpath Robotics Formerly VC-backed Kitchener, Canada 000 0000 000000&0 0000
Grabit ( Machinery (B2B)) Formerly VC-backed Sunnyvale, CA 00 000.00 0000000000.
RIOS Intelligent Machines Venture Capital-Backed Menlo Park, CA 00 0000 00000000000 0000
You’re viewing 5 of 14 competitors. Get the full list »

Berkshire Grey Patents

Berkshire Grey Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240140736-A1 Systems and methods for automated packaging and processing with object placement pose control Pending 27-Oct-2022 000000000
US-20240139971-A1 Pneumatic systems and methods for providing high flow vacuum acquisition in automated systems Pending 26-Oct-2022 00000000000
US-20240010429-A1 Systems and methods for providing mobile shuttle load handling systems with mobile carriers Pending 11-Jul-2022 000000000
US-20240010428-A1 Systems and methods for providing mobile shuttle load handling systems Pending 11-Jul-2022 0000000000
US-20240010445-A1 Object processing systems and methods with pick verification Pending 05-Jul-2022 B65G47/905
To view Berkshire Grey’s complete patent history, request access »

Berkshire Grey Executive Team (11)

Name Title Board Seat Contact Info
Tom Wagner Ph.D Co-Founder, Chief Executive Officer & Board Member
Steve Johnson President & Chief Operating Officer
Mark Fidler Chief Financial Officer
Kevin Ahearn Vice President, Strategy Packages and Logistics & General Manager, Parcels
Matt Mason Chief Scientist
You’re viewing 5 of 11 executive team members. Get the full list »

Berkshire Grey Board Members (12)

Name Representing Role Since
Richard Boyle Canaan Partners Advisor and Board Member 000 0000
Sven Strohband Ph.D Khosla Ventures Board Member 000 0000
Tom Wagner Ph.D Berkshire Grey Co-Founder, Chief Executive Officer & Board Member 000 0000
Vinod Khosla Khosla Ventures Advisor & Board Member 000 0000
You’re viewing 4 of 12 board members. Get the full list »

Berkshire Grey Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Berkshire Grey Former Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Andrew Schoen Angel (individual) Minority 000 0000 000000 0
BlackRock Asset Manager Minority 000 0000 000000 0
Canaan Partners Venture Capital Minority 000 0000 000000 0
Chamath Palihapitiya Angel (individual) Minority 000 0000 000000 0
ESO Fund Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 11 investors. Get the full list »

Berkshire Grey Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Revolution Acceleration Acquisition 21-Jul-2021 0000000000 Special Purpose Acquisition Company (SPAC) 000 00000
To view Berkshire Grey’s complete acquisitions history, request access »

Berkshire Grey FAQs

  • When was Berkshire Grey founded?

    Berkshire Grey was founded in 2013.

  • Who is the founder of Berkshire Grey?

    Tom Wagner Ph.D is the founder of Berkshire Grey.

  • Who is the CEO of Berkshire Grey?

    Tom Wagner Ph.D is the CEO of Berkshire Grey.

  • Where is Berkshire Grey headquartered?

    Berkshire Grey is headquartered in Bedford, MA.

  • What is the size of Berkshire Grey?

    Berkshire Grey has 291 total employees.

  • What industry is Berkshire Grey in?

    Berkshire Grey’s primary industry is Other Hardware.

  • Is Berkshire Grey a private or public company?

    Berkshire Grey is a Private company.

  • What is the current valuation of Berkshire Grey?

    The current valuation of Berkshire Grey is 00000.

  • What is Berkshire Grey’s current revenue?

    The current revenue for Berkshire Grey is 000000.

  • How much funding has Berkshire Grey raised over time?

    Berkshire Grey has raised $554M.

  • Who are Berkshire Grey’s investors?

    Andrew Schoen, BlackRock, Canaan Partners, Chamath Palihapitiya, and ESO Fund are 5 of 11 investors who have invested in Berkshire Grey.

  • Who are Berkshire Grey’s competitors?

    Soft Robotics, Applied Robotics (New York), Clearpath Robotics, Grabit ( Machinery (B2B)), and RIOS Intelligent Machines are some of the 14 competitors of Berkshire Grey.

  • When was Berkshire Grey acquired?

    Berkshire Grey was acquired on 20-Jul-2023.

  • Who acquired Berkshire Grey?

    Berkshire Grey was acquired by SoftBank Group.

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