Modbot

Industrial MachinerySeedSan Francisco, USmodbot.com

Latest round

Seed

Last raised

Oct 2016

Total raised

$4M

Investors

5

About Modbot

Modbot Inc.Founded in 2013 by Adam Ellison and Daniel Pizzata, Modbot Inc. specializes in robotics for manufacturing automation. The company is headquartered in San Francisco, US.Modbot Inc. offers a range of robotic solutions focused on streamlining manufacturing processes, enabling enterprises to enhance productivity. Their products include robotic arms, automation software, and integration systems, designed for diverse sectors such as automotive, electronics, and consumer goods.The revenue model for Modbot Inc. is centered around direct sales of their robotic solutions and associated services. Clients typically engage in purchasing contracts that vary based on the scale of implementation and support packages.Modbot Inc. is currently designing advanced robotic systems set to launch in late 2023, aimed at further automating manufacturing lines. The company plans to expand into the European market by mid-2024.

Who invested in Modbot

5 investors across 1 round

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Funding rounds

  1. Seed

    Oct 19, 2016

    Amount

    $4M

    Investors

    Locked

Questions about Modbot

Who invested in Modbot?

Modbot has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Modbot raised?

Modbot has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Modbot last raise money?

Modbot's most recent round on record is a Seed, in Oct 2016.

What does Modbot do?

Modbot is a industrial machinery company.

Where is Modbot headquartered?

Modbot is headquartered in San Francisco, US.

Which VCs invest in companies like Modbot?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back industrial machinery companies at Modbot's stage. Their profiles are linked below.

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