Clearpath Robotics Overview
- Year Founded
-
2009
- Status
-
Acquired/Merged
- Employees
-
350
- 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
Website
www.clearpathrobotics.com(Operating Subsidiary)
Corporate Office
- 1425 Strasburg Road
- Suite 2A
- Kitchener, Ontario N2R 1H2
- Canada
Corporate Office
- 1425 Strasburg Road
- Suite 2A
- Kitchener, Ontario N2R 1H2
- Canada
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 |
Clearpath Robotics Comparisons
Industry
Financing
Details
Clearpath Robotics Competitors (25)
One of Clearpath Robotics’s 25 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 | ||||
| Vecna Robotics | Venture Capital-Backed | Waltham, MA | ||||
| Roboteam | Formerly VC-backed | Petah Tikva, Israel | ||||
| SMP Robotics Systems | Corporation | Sausalito, CA | ||||
| Autonomous Solutions | Corporate Backed or Acquired | Mendon, UT |
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 | ||
| WO-2019153082-A1 | Communication systems for self-driving vehicles, and methods of providing thereof | Inactive | 07-Feb-2018 | ||
| WO-2019144222-A1 | Systems and methods for maintaining vehicle state information | Inactive | 24-Jan-2018 | ||
| WO-2019140536-A1 | Systems and methods for measuring fleets of self-driving industrial vehicles | Inactive | 22-Jan-2018 | ||
| US-20240044652-A1 | Systems and methods for updating an electronic map | Inactive | 10-Nov-2017 | G01C21/206 |
Clearpath Robotics Signals
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 (Commercial Services) | Accelerator/Incubator | |||
| Canada Federal Government | Government | Minority | ||
| Canrock Ventures | Venture Capital | Minority |
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 (Commercial Services), 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, Vecna Robotics, Roboteam, SMP Robotics Systems, and Autonomous Solutions are some of the 25 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.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process