Robomart
Latest round
- Seed
Last raised
- Jun 2020
Total raised
- Undisclosed
Investors
- 6
About Robomart
Founded in 2017 and headquartered in Santa Monica, California, Robomart, Inc. focuses on driverless delivery solutions. The company was established by Ali Ahmed, Emad Rahim, and Tigran Shahverdyan.Robomart, Inc. specializes in the development and deployment of fully driverless delivery robots designed for road use, significantly enhancing delivery capacity—boasting up to 100 times more capacity than typical alternatives—while operating at an impressive cost efficiency of 80% less than conventional courier services. These robots facilitate seamless delivery of goods directly to consumers, eliminating delivery fees and improving the overall customer experience.Robomart operates within a structured revenue model encompassing partnerships with retailers and direct-to-consumer transactions. The company’s revenue generation stems from agreements with retailers who utilize Robomart's delivery platform, benefiting from reduced operational costs associated with logistics. Consumers enjoy an efficient shopping experience without additional delivery fees, enhancing loyalty and repeat usage.In August 2023, Robomart, Inc. The company plans to expand its product offerings and enhance its delivery technology. Future growth strategies involve penetrating new urban markets in North America and Europe, aiming for a wider reach by the end of 2024.
Who invested in Robomart
6 investors across 4 rounds
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Questions about Robomart
Who invested in Robomart?
Robomart has 6 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Robomart raised?
Robomart has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Robomart last raise money?
Robomart's most recent round on record is a Seed, in Jun 2020.
What does Robomart do?
Founded in 2017 and headquartered in Santa Monica, California, Robomart, Inc.
Where is Robomart headquartered?
Robomart is headquartered in Santa Monica, US.
Which VCs invest in companies like Robomart?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back logistics & distribution companies at Robomart's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Seed
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