Avidbots Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 204

Employees

  • Latest Deal Type
  • Series D

  • Investors
  • 21

Avidbots General Information

Description

Developer of autonomous robotics systems designed to automate commercial floor cleaning. The company's systems cooperate to clean department stores, auto dealerships, education facilities, airports, and other commercial cleaning spaces and thus automate the most labor and time-intensive part of commercial cleaning, enabling the cleaning crew to focus on higher-value cleaning tasks and leaving repetitive and tedious floor scrubbing to robots.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 45 Washburn Drive
  • Kitchener, Ontario N2R 1S1
  • Canada
+1 (855)
Primary Industry
Other Hardware
Other Industries
Business/Productivity Software
Corporate Office
  • 45 Washburn Drive
  • Kitchener, Ontario N2R 1S1
  • Canada
+1 (855)

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Avidbots Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Later Stage VC (Series D) 10-May-2024 Completed Generating Revenue
12. Later Stage VC (Series C) 27-Sep-2022 Completed Generating Revenue
11. Later Stage VC 01-Nov-2021 Completed Generating Revenue
10. Later Stage VC (Series B) 25-Feb-2019 Completed Generating Revenue
9. Early Stage VC (Series A) 24-May-2018 Completed Generating Revenue
8. Seed Round 16-Jan-2018 Completed Generating Revenue
7. Debt - General 20-Sep-2017 Completed Startup
6. Seed Round 22-Feb-2016 Completed Startup
5. Seed Round 03-Feb-2015 $615K $640K Completed Startup
4. Accelerator/Incubator 10-Dec-2014 $25K Completed Startup
To view Avidbots’s complete valuation and funding history, request access »

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Exit Type

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Avidbots Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of autonomous robotics systems designed to automate commercial floor cleaning. The company's systems cooperate
Other Hardware
Kitchener, Canada
204 As of 2025

Saint-Sulpice, Switzerland
 

Singapore, Singapore
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Avidbots Competitors (7)

One of Avidbots’s 7 competitors is BlueBotics, a Formerly PE-Backed company based in Saint-Sulpice, Switzerland.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BlueBotics Formerly PE-Backed Saint-Sulpice, Switzerland
Gaussian Robotics (Other Hardware) Corporation Singapore, Singapore
E80 Group Private Equity-Backed Viano, Italy
Brain Corp Venture Capital-Backed San Diego, CA
ViaBot Venture Capital-Backed Sunnyvale, CA
You’re viewing 5 of 7 competitors. Get the full list »

Avidbots Patents

Avidbots Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20260288158-A1 System and method of approximate environment decompositions for robot coverage planning using submodular cover Pending 19-Mar-2025
US-20260319515-A1 Approximation algorithm for minimum-length coverage of arbitrary grid environments Pending 04-Mar-2025
US-20250315054-A1 System and method of an adaptive mapping system for autonomous robots for improved navigation Pending 09-Apr-2024
CA-231664-S Floor cleaning apparatus Active 20-Feb-2024
AU-2024379528-A1 Software systems and method for a semi-autonomous floor cleaning apparatus for navigation of tight spaces Pending 14-Nov-2023 G05D1/628
To view Avidbots’s complete patent history, request access »

Avidbots Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Avidbots Investors (21)

Investor Name Investor Type Holding Investor Since Participating Rounds
BMO Capital Partners PE/Buyout Minority
Golden Vision Capital Family Office Minority
Jeneration Capital Venture Capital Minority
Plaza Asset Management Venture Capital Minority
Eastward Capital Partners Venture Capital Minority
You’re viewing 5 of 21 investors. Get the full list »

Avidbots FAQs

  • When was Avidbots founded?

    Avidbots was founded in 2014.

  • Where is Avidbots headquartered?

    Avidbots is headquartered in Kitchener, Canada.

  • What is the size of Avidbots?

    Avidbots has 204 total employees.

  • What industry is Avidbots in?

    Avidbots’s primary industry is Other Hardware.

  • Is Avidbots a private or public company?

    Avidbots is a Private company.

  • What is Avidbots’s current revenue?

    The current revenue for Avidbots is .

  • How much funding has Avidbots raised over time?

    Avidbots has raised $105M.

  • Who are Avidbots’s investors?

    BMO Capital Partners, Golden Vision Capital, Jeneration Capital, Plaza Asset Management, and Eastward Capital Partners are 5 of 21 investors who have invested in Avidbots.

  • Who are Avidbots’s competitors?

    BlueBotics, Gaussian Robotics (Other Hardware), E80 Group, Brain Corp, and ViaBot are some of the 7 competitors of Avidbots.

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