# BluHaptics

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

- Industry: Software
- Headquarters: Seattle, US
- Website: www.bluhaptics.com
- Total disclosed funding: $1.4M
- Latest round: Series A (Mar 1, 2017)
- Investors on record: 2

## About

BluHaptics, Inc. specializes in advanced robotic solutions, enhancing operational efficiency and precision across various industries, including manufacturing and healthcare, through innovative technology and AI-driven systems.Founded in 2013, BluHaptics, Inc. operates from Seattle, US, focusing on robotic solutions for complex tasks. The company has completed a total of 3 deals, including a Series A funding round where it raised USD 1.36 mn led by SeaChange Fund and supported by Alliance of Angels. The latest deal occurred on April 24, 2017. The CEO, Donald Pickering, is part of a leadership team that includes Fredrik Rydén, while the founder, Andy Stewart, has a background in establishing tech companies.BluHaptics, operating under the brand Olis Robotics, offers advanced robotic systems designed for various sectors such as manufacturing, healthcare, and logistics. Their solutions utilize state-of-the-art sensors and AI-driven algorithms to automate tasks ranging from assembly line operations to surgical assistance, addressing challenges like labor shortages and precision needs. Clients include major firms across North America and Europe, benefiting from tailored solutions that adapt to market demands.BluHaptics employs a direct-to-business revenue model, forming long-term partnerships with clients to integrate robotic systems into their operations. Revenue is generated through initial sales and ongoing support services, with pricing plans customized to client needs. The flagship products are designed for direct sales to corporate clients and bespoke integrations, ensuring clients receive comprehensive solutions and continuous support.BluHaptics plans to leverage its recent funding from NASA, received in April 2017, to enhance its product offerings and expand into new markets. Upcoming product developments are focused on increasing the capabilities of their robotic systems, with potential releases expected by late 2024. The company aims to enter European and Asian markets, targeting these regions for growth by 2025, thus broadening its footprint in the global robotics industry.

## Funding rounds

- Series A, Mar 1, 2017, $1.4M — Alliance of Angels, SeaChange

## Investors

- Alliance of Angels (https://capitalatlas.ai/funds/alliance-of-angels) — Series A
- SeaChange (https://capitalatlas.ai/funds/seachange) — Series A
