# inVia Robotics

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

- Industry: Software
- Headquarters: Westlake Village, US
- Website: www.inviarobotics.com
- Total disclosed funding: $56M
- Latest round: Series C (Jul 27, 2021)
- Investors on record: 6

## About

inVia Robotics provides warehouse automation solutions, enhancing productivity through innovative technology such as autonomous mobile robots and AI-driven systems, catering to diverse industries and improving operational efficiency.Founded in 2015 by Dan Parks, Lior Elazary, and Randolph Voorhies, inVia Robotics, Inc. is headquartered in Westlake Village, US. The company has successfully completed 5 deals, with its most recent being a Series C funding round on July 27, 2021, where it raised USD 30.00 mn from investors including M12, Qualcomm Ventures, and Hitachi Ventures, bringing the total amount raised to USD 30.00 mn and achieving a current company valuation of USD 135.76 mn.inVia Robotics specializes in warehouse automation solutions, offering a suite of products designed to enhance productivity and operational efficiency in logistics environments. The core offerings include their Goods-to-Person (G2P) fulfillment technology, autonomous mobile robots (AMRs), and the AI-powered Warehouse Execution System (WES) known as inVia Logic. These systems work collaboratively to automate order fulfillment processes, reduce human error, and optimize resource management. The technology allows clients to retain their existing infrastructure while integrating advanced automation capabilities, thus minimizing capital expenditures. The company caters to a diverse client base across various industries, including retail, manufacturing, and distribution, with its solutions deployed in North America, Europe, and Asia-Pacific regions.inVia Robotics operates on a Robotics-as-a-Service (RaaS) model, which is based on a subscription framework that allows clients to pay per productivity metrics achieved. This transaction structure enables businesses to access automation technologies without significant upfront capital investments. Clients subscribe to different service tiers based on their automation needs, which typically include options for software only, automated labor, or a fully automated warehouse setup. By leveraging the inVia PickerWall and inVia Picker robots, customers can achieve substantial productivity gains, enhancing their fulfillment capabilities. The pricing structure is aligned with the company’s focus on delivering long-term value through performance-based agreements, ensuring that clients only pay for what enhances their operational efficiency.In July 2021, inVia Robotics, Inc. raised USD 30.00 mn in Series C funding to extend its product reach and operational support in North America. The company plans to expand into the APAC and EMEA regions, aligning with supply chain partners to open new channels and deliver end-to-end logistics solutions. The recent funding will be instrumental in driving these initiatives forward.

## Funding rounds

- Series C, Jul 27, 2021, $30M — Upfront, Qualcomm Ventures, M12, Point72 Asset Management, Embark Ventures, Hitachi Ventures
- Series B, Aug 1, 2018, $20M — Upfront, Point72 Asset Management, Embark Ventures
- Series A, Feb 13, 2018, $6M — Upfront, Embark Ventures

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Series A, Series B, Series C
- Embark Ventures (https://capitalatlas.ai/funds/embark-ventures) — Series A, Series B, Series C
- Point72 Asset Management — Series B, Series C
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series C
- M12 (https://capitalatlas.ai/funds/m12) — Series C
- Hitachi Ventures (https://capitalatlas.ai/funds/hitachi-ventures) — Series C