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Rethink Robotics

Rethink Robotics
2008 FOUNDED
M&A STATUS
101-200 EMPLOYEES
M&A LATEST DEAL TYPE
Description

Developer of industrial robots designed to bring automation in the manufacturing process. The company's robots automate dull, dangerous and dirty jobs, including loading and unloading, packing, molding operations, test and inspection, machining and metal fabrication amongst others, enabling organizations to equip with smart, collaborative robots for manufacturing.

Formerly Known As
Heartland Robotics
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Electronic Equipment and Instruments
Other Industries
Machinery (B2B)
Electrical Equipment
Acquirer
Hahn Group
Primary Office
  • 27-43 Wormwood Street
  • Boston, MA 02210
  • United States

+1 (617) 000-0000
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Rethink Robotics Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 13-Nov-2018 00000 Completed Generating Revenue
7. Later Stage VC (Series E) 18-Aug-2017 0000 00000 00000 Completed Generating Revenue
6. Later Stage VC (Series D) 17-Apr-2015 0000 00000 00000 Completed Generating Revenue
5. Later Stage VC (Series C1) 30-Oct-2013 000.00 000.00 00000 Completed Startup
4. Later Stage VC (Series C) 19-Jun-2012 0000 000.00 00000 Completed Startup
3. Early Stage VC (Series B) 23-Nov-2010 0000 000.00 000.00 Completed Startup
2. Early Stage VC (Series A1) 21-Aug-2009 $7.1M $12.1M 000.00 Completed Startup
1. Early Stage VC (Series A) 21-Aug-2008 $5M $5M 0000 Completed Startup
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Rethink Robotics Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series E 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 0.00
Series D 00,000,000 00.000000 00.0 00.00 00.00 00 00.00 00.000
Series C1 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 0.000
Series C 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series B 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A1 7,530,062 $0.001000 $0.08 $0.94 $0.94 1x $0.94 9.53%
Series A 5,000,000 $0.001000 $0.08 $1 $1 1x $1 6.33%
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Rethink Robotics Former Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Astadia (Acquired) PE-Backed Company Minority 000 0000 000000 0
Bezos Expeditions Family Office Minority 000 0000 000000 0
Brain Robotics Capital Venture Capital Minority 000 0000 000000 0
Charles River Ventures Venture Capital Minority 000 0000 000000 0
GE Ventures Corporate Venture Capital Minority 000 0000 000000 0
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Rethink Robotics Executive Team (14)

Name Title Board
Seat
Contact
Info
Jason Barton Chief Revenue Officer
Scott Eckert President, Board Member & Chief Executive Officer
Rodney Brooks Ph.D Chairman, Co-Founder & Chief Technology Officer
Chris Harbert Director, Sales, Manufacturing Solutions, Global Research & Education Markets
Sue Sokoloski Vice President and Senior Director of Marketing

6 Former Executives

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Rethink Robotics Board Members (6)

Name Representing Role Since Contact
Info
Rodney Brooks Ph.D Rethink Robotics Chairman, Co-Founder & Chief Technology Officer 000 0000
Scott Eckert Rethink Robotics President, Board Member & Chief Executive Officer 000 0000

4 Former Board Members

You’re viewing 2 of 6 board members. Get the full list »