RoboTire Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 12

Employees

  • Latest Deal Type
  • M&A

  • Investors
  • 1

RoboTire General Information

Description

Developer of automated vehicle maintenance machines designed to facilitate the speedy replacement of automotive tires. The company's robotic product changes the set of four tires simultaneously, in less than the regular time required, enabling service centers, dealers, and garage owners to reduce total time spent and optimize operational productivity.

Contact Information

Website
www.robotire.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 13100 North Haggerty Road
  • Suite 170
  • Plymouth, MI 48170
  • United States
+1 (734)
Primary Industry
Automotive
Other Industries
Other Hardware
Electrical Equipment
Parent Company
Discount Tire
Vertical(s)
Robotics and Drones
Corporate Office
  • 13100 North Haggerty Road
  • Suite 170
  • Plymouth, MI 48170
  • United States
+1 (734)

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RoboTire Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition Completed Restart
8. Bankruptcy: Admin/Reorg 24-Jan-2024 Completed Bankruptcy: Admin/Reorg
7. Early Stage VC 01-Jan-2023 Completed Generating Revenue
6. Early Stage VC (Series A) 07-Oct-2021 Completed Generating Revenue
5. Seed Round 19-Sep-2020 Completed Generating Revenue
4. Accelerator/Incubator 06-Jul-2020 Completed Generating Revenue
3. Accelerator/Incubator 20-Jan-2020 Completed Generating Revenue
2. Accelerator/Incubator 01-Nov-2019 $170K Completed Generating Revenue
1. Angel (individual) 01-Feb-2019 $170K $170K Completed Generating Revenue
To view RoboTire’s complete valuation and funding history, request access »

RoboTire Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
To view RoboTire’s complete cap table history, request access »

RoboTire Patents

  • 12

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 3

    Pending

  • Expiring in next 12 mo

RoboTire Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2023076559-A1 Locating a center point of a lug nut for an automated vehicle wheel removal system Inactive 28-Oct-2021
WO-2023076255-A1 Kick lift Inactive 25-Oct-2021
CA-3186687-A1 Low rise vehicle lift and method of operation Pending 29-Jul-2020
WO-2022026776-A1 Low rise vehicle lift and method of operation Inactive 29-Jul-2020
WO-2021188307-A1 Lug nut holder and method of use Inactive 15-Mar-2020 B25B13/56
To view RoboTire’s complete patent history, request access »

RoboTire Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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RoboTire Former Investors (27)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
Angel (individual) Minority
Asymmetry Ventures Venture Capital Minority
Automotive Ventures Venture Capital Minority
Band of Angels Angel Group Minority
You’re viewing 5 of 27 investors. Get the full list »

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RoboTire FAQs

  • When was RoboTire founded?

    RoboTire was founded in 2019.

  • Where is RoboTire headquartered?

    RoboTire is headquartered in Plymouth, MI.

  • What is the size of RoboTire?

    RoboTire has 12 total employees.

  • What industry is RoboTire in?

    RoboTire’s primary industry is Automotive.

  • Is RoboTire a private or public company?

    RoboTire is a Private company.

  • What is RoboTire’s current revenue?

    The current revenue for RoboTire is .

  • How much funding has RoboTire raised over time?

    RoboTire has raised $20.5M.

  • Who are RoboTire’s investors?

    , , Asymmetry Ventures, Automotive Ventures, and Band of Angels are 5 of 27 investors who have invested in RoboTire.

  • Who acquired RoboTire?

    RoboTire was acquired by Discount Tire.

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