Clearpath Robotics Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 350

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $608M

  • Investors
  • 1

Clearpath Robotics General Information

Description

Manufacturer and developer of self-driving technology and robotics designed to facilitate autonomous mobile robotics, robot development, deployment, and operation. The company's technology provides self-driving vehicles that use software and sensors to collaborate with workers and intelligently deliver goods without modifying facility infrastructure or changing current processes, enabling businesses to access safe and efficient material transport inside factories and warehouses.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 1425 Strasburg Road
  • Suite 2A
  • Kitchener, Ontario N2R 1H2
  • Canada
+1 (519)
Primary Industry
Other Hardware
Other Industries
Machinery (B2B)
Parent Company
Corporate Office
  • 1425 Strasburg Road
  • Suite 2A
  • Kitchener, Ontario N2R 1H2
  • Canada
+1 (519)

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Clearpath Robotics Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
15. Merger/Acquisition 02-Oct-2023 $608M Completed Profitable
14. Accelerator/Incubator Completed Profitable
13. Later Stage VC 21-Apr-2023 Completed Profitable
12. Secondary Transaction - Private Completed Profitable
11. Later Stage VC 27-Jan-2021 Completed Profitable
10. Later Stage VC (Series C) 22-Sep-2020 Completed Profitable
9. Accelerator/Incubator 23-Mar-2018 Completed Profitable
8. Later Stage VC (Series B) 05-Oct-2016 Completed Profitable
7. Accelerator/Incubator 15-Jun-2016 $11.6M Completed Generating Revenue
6. Later Stage VC (Series A) 18-Mar-2015 $11.2M $11.6M Completed Generating Revenue
To view Clearpath Robotics’s complete valuation and funding history, request access »

Clearpath Robotics Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer and developer of self-driving technology and robotics designed to facilitate autonomous mobile robotics, ro
Other Hardware
Kitchener, Canada
350 As of 2023

Singapore, Singapore
 

Bedford, MA
 
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Clearpath Robotics Competitors (24)

One of Clearpath Robotics’s 24 competitors is SESTO Robotics, a Venture Capital-Backed company based in Singapore, Singapore.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SESTO Robotics Venture Capital-Backed Singapore, Singapore
Oxipital AI Venture Capital-Backed Bedford, MA
SMP Robotics Systems Corporation Sausalito, CA
Vecna Robotics Venture Capital-Backed Waltham, MA
Roboteam Venture Capital-Backed Petah Tikva, Israel
You’re viewing 5 of 24 competitors. Get the full list »

Clearpath Robotics Patents

Clearpath Robotics Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20190265698-A1 Systems and methods for tele-present recovery of self-driving vehicles Inactive 28-Feb-2018
US-20240044652-A1 Systems and methods for updating an electronic map Inactive 10-Nov-2017
US-20190122157-A1 Systems and methods for deploying groups of self-driving material-transport vehicles Inactive 23-Oct-2017
US-20190360835-A1 Stand-alone self-driving material-transport vehicle Inactive 18-Apr-2017
CA-173723-S Autonomous mobile robot Active 22-Mar-2016
To view Clearpath Robotics’s complete patent history, request access »

Clearpath Robotics Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Clearpath Robotics Former Investors (34)

Investor Name Investor Type Holding Investor Since Participating Rounds
BDC Capital Growth/Expansion Minority
BMO Capital Markets Investment Bank Minority
C100 Accelerator/Incubator
Canada Federal Government Government Minority
Canrock Ventures Venture Capital Minority
You’re viewing 5 of 34 investors. Get the full list »

Clearpath Robotics FAQs

  • When was Clearpath Robotics founded?

    Clearpath Robotics was founded in 2009.

  • Where is Clearpath Robotics headquartered?

    Clearpath Robotics is headquartered in Kitchener, Canada.

  • What is the size of Clearpath Robotics?

    Clearpath Robotics has 350 total employees.

  • What industry is Clearpath Robotics in?

    Clearpath Robotics’s primary industry is Other Hardware.

  • Is Clearpath Robotics a private or public company?

    Clearpath Robotics is a Private company.

  • What is the current valuation of Clearpath Robotics?

    The current valuation of Clearpath Robotics is .

  • What is Clearpath Robotics’s current revenue?

    The current revenue for Clearpath Robotics is .

  • How much funding has Clearpath Robotics raised over time?

    Clearpath Robotics has raised $82M.

  • Who are Clearpath Robotics’s investors?

    BDC Capital, BMO Capital Markets, C100, Canada Federal Government, and Canrock Ventures are 5 of 34 investors who have invested in Clearpath Robotics.

  • Who are Clearpath Robotics’s competitors?

    SESTO Robotics, Oxipital AI, SMP Robotics Systems, Vecna Robotics, and Roboteam are some of the 24 competitors of Clearpath Robotics.

  • When was Clearpath Robotics acquired?

    Clearpath Robotics was acquired on 02-Oct-2023.

  • Who acquired Clearpath Robotics?

    Clearpath Robotics was acquired by Rockwell Automation.

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