# ATTAbotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/attabotics

- Industry: Logistics & Distribution
- Headquarters: Calgary, Canada
- Website: www.attabotics.com
- Total disclosed funding: $75M
- Latest round: Series C (Aug 18, 2020)
- Investors on record: 6

## About

ATTAbotics, Inc. is a Canadian company specializing in intelligent warehouse fulfillment solutions, utilizing advanced automation technology to optimize inventory management and order processing for various industries.Founded in 2015 and headquartered in Calgary, Canada, ATTAbotics, Inc. develops an innovative warehouse automation system. The company has successfully raised funding through four deals, with the most recent being a Series C round on November 15, 2022, securing USD 71.7 mn led by Export Development Canada and supported by investors such as Coatue Management and Honeywell Ventures. The CEO, Scott Gravelle, guides the company's strategic direction as it moves forward with its advanced solutions.ATTAbotics primarily offers an intelligent warehouse fulfillment platform known as The Studio, integrating advanced automation systems that enhance storage and retrieval processes. The Studio's modular cubic architecture enables clients to optimize their warehouse space by up to 85%, making it suitable for various fulfillment environments, including large warehouses and dark stores. The company's solutions cater particularly to e-commerce businesses, retail chains, and logistics providers across North America, with potential expansion into European and Asian markets, addressing modern supply chain challenges effectively.ATTAbotics generates revenue through B2B transactions related to the implementation and deployment of its automation systems, primarily The Studio. Clients typically invest in upfront capital expenditures for system installations, supported by ongoing service agreements for software updates and maintenance. While specific pricing details remain undisclosed, the company emphasizes the operational efficiency and cost savings achieved through its technology, fostering long-term client relationships.Following the Series C funding round on November 15, 2022, in which ATTAbotics raised USD 71.7 mn, the company plans to accelerate the commercialization of its 3D robotics warehousing solutions. The funding will support the development of new products and the expansion into additional markets, particularly targeting increased presence in European and Asian regions to meet growing demand for advanced warehouse automation.

## Funding rounds

- Series C, Aug 18, 2020, $50M — Honeywell Ventures, Teachers' Innovation Platform
- Series B, Jul 30, 2019, $25M — Comcast Ventures, Forerunner Ventures, Coatue Management, Werklund Family Office, Honeywell Ventures

## Investors

- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series B
- Forerunner Ventures (https://capitalatlas.ai/funds/forerunner-ventures) — Series B
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B
- Werklund Family Office — Series B
- Honeywell Ventures (https://capitalatlas.ai/funds/honeywell-ventures) — Series B, Series C
- Teachers' Innovation Platform — Series C