# Accel Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/accel-robotics

- Industry: Software
- Headquarters: US
- Website: www.accelrobotics.com
- Total disclosed funding: $30M
- Latest round: Series A (Dec 3, 2019)
- Investors on record: 4

## About

Accel Robotics Corp. specializes in advanced robotics solutions, providing innovative technologies to automate retail environments and enhance operational efficiencies for businesses.Founded in 2015, Accel Robotics Corp. focuses on delivering robotic systems for retail applications. The company was established by Brandon Maseda and Marius Buibas. Its headquarters is located in the US. In December 2019, the company raised USD 30 mn in Series A funding, led by SoftBank Group, with participation from New Ground Ventures, RevTech Ventures, and Toyo Kanetsu Corporate Venture Investment Partnership. This funding marks the latest in a total of 3 deals the company has engaged in.Accel Robotics Corp. offers a comprehensive suite of robotic technologies tailored for retail environments. Their primary products are designed to streamline operations, enhance customer interaction, and improve business effectiveness for a variety of clients, including entrepreneurs, e-commerce businesses, and digital marketers across North America, Europe, and Asia-Pacific.The company generates revenue through subscription plans and service partnerships. Clients can opt for annual or monthly subscriptions granting access to their robotic solutions, primarily targeting B2B engagements. Revenue is further supported through partnerships with third-party providers, delivering integrated retail solutions that cater to diverse client needs.Accel Robotics Corp. aims to leverage its Series A funding raised in December 2019 to enhance its product offerings and expand geographically. The company plans to launch new robotic systems designed for various retail formats within the next 18 months. Furthermore, there are strategic expansions planned into additional markets in Europe and Asia-Pacific, aiming to establish a presence by the end of 2021.

## Funding rounds

- Series A, Dec 3, 2019, $30M — SoftBank Group, New Ground Ventures, RevTech Ventures, Toyo Kanetsu Corporate Venture Investment Partnership
- Seed, Jun 23, 2017 — RevTech Ventures

## Investors

- RevTech Ventures (https://capitalatlas.ai/funds/revtech-ventures) — Seed, Series A
- SoftBank Group — Series A
- New Ground Ventures (https://capitalatlas.ai/funds/new-ground-ventures) — Series A
- Toyo Kanetsu Corporate Venture Investment Partnership — Series A