Rapid Robotics

Acquired

San Francisco Bay Area, United States · Founded 2019 · $54.2M raised

Employees
11–50
Founded
2019
Business Model
B2B
Total Funding
$54.2M
Last Round
$36.7M Series BAug 2021
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Rapid Robotics builds pre-programmed robotic machine tenders designed to automate manufacturing tasks with minimal setup. The company's Rapid Machine Operator (RMO) robots are delivered pre-configured for common manufacturing tasks and can be deployed on the factory floor in days, lowering the barrier to automation for small and mid-size manufacturers. Rapid's robots are offered as Robotics-as-a-Service (RaaS), enabling manufacturers to access automation at a predictable monthly cost without large capital expenditure.

Summary

Rapid Robotics is an Automation company based in San Francisco Bay Area, United States, founded in 2019. It has raised $54.2M in total across 3 rounds, most recently a $36.7M Series B round in Aug 2021. Investors include Kleiner Perkins, Tiger Global and New Enterprise Associates.

Tech & App Stack

1 technology or app tracked

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Funding History

Series BSeries BAug 2021
$36.7M

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Funding: Seed through Series B. Amounts, valuations, and investors where available.

Investors

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