Last deal

$36.7M

Amount

Series B

Stage

18.08.2021

Date

3

all rounds

$54.2M

Total amount

date founded

Financing round

General

About Company
Rapid Robotics provides out-of-the-box automation for manufacturers.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2019

Number of employees

Last funding type

Series B

IPO status

Private

Description

The San Francisco-based company, founded in 2019, has developed the Rapid Machine Operator (RMO), a pre-trained cobot that can be easily deployed in just a few hours to perform dozens of simple machine tasks to the highest quality standards. With Rapid's robotic machine operators, one employee can supervise as many as eight machines at a time using only an iPad. Rapid Robotics' technology drastically reduces the complexity, cost, and time typically required to set up a robotic arm, enabling manufacturers to increase their return on investment through increased production margins driven by both bottom-line cost reduction and increased production output, efficiency, and quality. Rapid's mission is to provide manufacturers with an accessible and simple robotic solution that can be deployed against simple tasks in hours rather than weeks, and at a fraction of the cost of other automation solutions that require extensive manual programming.
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Ruddick Lawrence
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Employee Profiles
5
Erin Veneziano

Erin Veneziano

Director of People Operations

Jesse Myers

Jesse Myers

DevOps and Cloud and Infrastructure Consultant

John Novak

John Novak

Director of Computer Vision

Jordan Kretchmer

Jordan Kretchmer

Co-Founder and CEO

Ruddick Lawrence

Ruddick Lawrence

Co-Founder and CTO

Activity

Recent News
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