Avidbots
Latest round
- Series C
Last raised
- Aug 2022
Total raised
- $94M
Investors
- 14
About Avidbots
Avidbots Corp.Avidbots Corp. is focused on creating autonomous cleaning solutions.Avidbots Corp. specializes in manufacturing fully autonomous floor scrubbing robots, notably the Neo, Neo 2W, and Kas models. These robots are engineered to enhance cleaning productivity by minimizing the need for human intervention while providing consistent and thorough cleaning solutions for various commercial environments. The robots utilize advanced AI software, Avidbots Autonomy, which enables them to map facilities, adapt to real-time changes in their surroundings, and implement optimal cleaning routes. The primary end-use cases include maintaining cleanliness in sectors such as education, healthcare, manufacturing, logistics, and retail, with clients ranging from educational institutions to global corporations like DHL.Avidbots generates revenue through a direct sales model, providing its autonomous cleaning solutions primarily to commercial clients. Transactions typically involve the sale of robots along with potential ongoing support services, such as software updates and maintenance. The company's flagship offerings, including Neo and Kas, are marketed as reliable automation solutions capable of significantly reducing labor hours required for cleaning tasks, ultimately enhancing productivity. Pricing structures for the robots may include one-time purchase costs and possible subscription plans for software services, allowing clients to benefit from continuous support.In August 2022, Avidbots Corp. The company aims to expand into new geographic regions and is likely to target specific markets in Europe and Asia by 2024, responding to increased global demand for autonomous cleaning solutions.
Who invested in Avidbots
14 investors across 5 rounds
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Questions about Avidbots
Who invested in Avidbots?
Avidbots has 14 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Avidbots raised?
Avidbots has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Avidbots last raise money?
Avidbots's most recent round on record is a Series C, in Aug 2022.
What does Avidbots do?
Avidbots is a consumer products company.
Where is Avidbots headquartered?
Avidbots is headquartered in Kitchener, Canada.
Which VCs invest in companies like Avidbots?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Avidbots's stage. Their profiles are linked below.
VCs backing consumer products startups at Series C
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