Avidbots Overview
- Year Founded
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2014
- Status
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Private
- Employees
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204
- Latest Deal Type
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Series D
- Investors
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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
Website
www.avidbots.comCorporate Office
- 45 Washburn Drive
- Kitchener, Ontario N2R 1S1
- Canada
Corporate Office
- 45 Washburn Drive
- Kitchener, Ontario N2R 1S1
- Canada
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 |
VC Exit Predictor
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Avidbots Comparisons
Industry
Financing
Details
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 |
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 |
Avidbots Signals
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 |
Avidbots FAQs
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When was Avidbots founded?
Avidbots was founded in 2014.
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Where is Avidbots headquartered?
Avidbots is headquartered in Kitchener, Canada.
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What is the size of Avidbots?
Avidbots has 204 total employees.
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What industry is Avidbots in?
Avidbots’s primary industry is Other Hardware.
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Is Avidbots a private or public company?
Avidbots is a Private company.
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What is Avidbots’s current revenue?
The current revenue for Avidbots is .
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How much funding has Avidbots raised over time?
Avidbots has raised $105M.
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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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