# Bossa Nova Robotics Holding

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bossa-nova-robotics-holding

- Industry: Industrial Machinery
- Headquarters: San Francisco, US
- Website: www.bossanova.com
- Total disclosed funding: $62M
- Latest round: Series B (Mar 20, 2018)
- Investors on record: 7

## About

Bossa Nova Robotics specializes in creating autonomous robotic systems with cloud-based AI, primarily focused on enhancing inventory management for large retailers.Founded in 2005, Bossa Nova Robotics Holding Corp. is headquartered in San Francisco, US. The company develops robotic solutions that assist with inventory management without any noted pivots in business strategy. Bossa Nova has successfully integrated its systems into 600 Walmart Supercenters across the United States. The company has raised a total of USD 30.00 mn through funding rounds, with the most recent being a Series B on March 20, 2018, led by Cota Capital, including investors like Intel Capital and LG Electronics. The current CEOs are Deborah Ratner and Sarjoun Skaff.Bossa Nova specializes in the development and deployment of robotic systems and cloud-based artificial intelligence focused on inventory management in retail environments. Their core product offerings include autonomous robots designed to scan store aisles three times daily, identifying operational issues such as stock shortages and alerting store associates for corrective action. This technology aims to enhance inventory accuracy, reduce out-of-stock incidents, and optimize overall store operations. Bossa Nova's solutions primarily cater to large-scale retailers, having successfully integrated their systems into 600 Walmart Supercenters across the United States.Bossa Nova’s revenue model primarily revolves around partnerships with large retailers. The company provides its robotic systems and AI services through contractual agreements with retail clients, enabling them to benefit from advanced inventory management solutions. Clients typically engage in ongoing service agreements, which may include maintenance and software updates, ensuring the robots operate effectively and continue to deliver value over time. While specific pricing plans and revenue figures are not disclosed, the business model suggests a reliance on long-term contracts that could include recurring fees or service charges associated with the deployment and maintenance of their robotic systems.Bossa Nova Robotics plans to utilize the recent funding of USD 30.00 mn from its Series B round to further enhance its technology and expand into new markets. The company aims to develop new robotic products designed to improve inventory management efficiency, though specific product release dates are not disclosed. Additionally, Bossa Nova is looking to enter new geographic regions, particularly focusing on expanding its presence beyond the current North American market. The company anticipates that these initiatives will significantly contribute to its growth trajectory.

## Funding rounds

- Series B, Mar 20, 2018, $30M — Walden Catalyst, Intel Capital, Lucas Venture Group, Cota Capital, Celesta Capital, LG Electronics
- Series B, Nov 14, 2017, $18M — Intel Capital, Lucas Venture Group, Cota Capital, Paxion Capital Partners, Celesta Capital
- Series A, Apr 20, 2016, $14M — Celesta Capital

## Investors

- Celesta Capital (https://capitalatlas.ai/funds/celesta-capital) — Series A, Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- Lucas Venture Group (https://capitalatlas.ai/funds/lucas-venture-group) — Series B
- Cota Capital (https://capitalatlas.ai/funds/cota-capital) — Series B
- Paxion Capital Partners (https://capitalatlas.ai/funds/paxion-capital-partners) — Series B
- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series B
- LG Electronics — Series B