Plus One Robotics
Latest round
- Series C
Last raised
- Jan 2023
Total raised
- $94M
Investors
- 21
About Plus One Robotics
Plus One Robotics, Inc.Founded in 2016 by Erik Nieves, Paul Hvass, and Shaun Edwards, Plus One Robotics, Inc. develops robotic systems for automated material handling in sectors like logistics and supply chain management. The company is headquartered in San Antonio, US.Plus One Robotics specializes in robotic and automated material handling solutions, with a core focus on their innovative PickOne AI software. This technology, along with human-in-the-loop oversight, is designed to enhance the efficiency of robotic depalletization processes in various sectors, including parcel, retail, and beverage industries. Their offerings include automated depalletizing solutions for mixed pallets, bags, and boxes, which are engineered to minimize errors while reducing labor costs and addressing ergonomic concerns. The company has positioned itself within the global market, serving clients across North America and Europe, and has established a customer base that includes major players in logistics and supply chain management.The revenue model of Plus One Robotics is primarily based on B2B transactions, where they partner with businesses in sectors such as general merchandise, 3PL, and parcel handling. Clients typically engage in contractual agreements for the deployment of their robotic solutions, which may include one-time installation fees complemented by ongoing maintenance and software licensing charges for the PickOne AI platform. Additionally, the company offers tiered pricing structures based on the specific scale and complexity of the automation projects undertaken. These arrangements ensure that clients benefit from tailored solutions that address their unique operational challenges while driving efficiency in their material handling processes.In January 2023, Plus One Robotics, Inc. The company is planning to expand its market reach into new regions, specifically targeting additional sectors within North America and Europe by 2024. Plus One Robotics aims to launch new products based on its existing technology to further streamline automation processes in warehouses.
Who invested in Plus One Robotics
21 investors across 3 rounds
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Questions about Plus One Robotics
Who invested in Plus One Robotics?
Plus One Robotics has 21 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Plus One Robotics raised?
Plus One Robotics has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Plus One Robotics last raise money?
Plus One Robotics's most recent round on record is a Series C, in Jan 2023.
What does Plus One Robotics do?
Plus One Robotics is a industrial machinery company.
Where is Plus One Robotics headquartered?
Plus One Robotics is headquartered in San Antonio, US.
Which VCs invest in companies like Plus One Robotics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back industrial machinery companies at Plus One Robotics's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series C
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