# SVT Robotics

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

- Industry: Software
- Headquarters: Norfolk, US
- Website: www.svtrobotics.com
- Total disclosed funding: $30M
- Latest round: Series A (Nov 17, 2021)
- Investors on record: 7

## About

SVT Robotics, Inc. is a technology company specializing in supply chain automation solutions, enhancing operational efficiency through its innovative SOFTBOT® Platform, which seamlessly integrates automation technologies.Founded in 2018 in Norfolk, US, SVT Robotics focuses on providing supply chain automation solutions. The company raised USD 25 mn in Series A funding on November 17, 2021, led by Tiger Global Management, with participation from Prologis. CEO AK Schultz, a key figure in the company, has been instrumental in its vision.SVT Robotics specializes in supply chain automation solutions through its core product, the SOFTBOT® Platform. This platform offers tech-agnostic, reusable integrations that facilitate the deployment of automation technologies without the need for custom coding. Designed for seamless integration with both existing and new systems, the SOFTBOT® Platform enhances supply chain efficiency with prebuilt connectors that enable real-time monitoring and orchestration of robotics and other automation tools. The company serves a diverse client base, including third-party logistics (3PL) providers, eCommerce businesses, and warehouse operators, with noted partnerships including Tecsys and 6 River Systems.SVT Robotics generates revenue through a combination of subscription-based services and strategic partnerships, primarily from its SOFTBOT® Platform, which operates on a subscription model. This model allows for scalable solutions tailored to businesses as they adopt new technologies, particularly in the B2B sector where 3PLs and eCommerce companies integrate the platform into their operations to enhance efficiency and productivity.Following the USD 25 mn Series A funding in November 2021, SVT Robotics plans to expand its SOFTBOT® Platform to provide rapid deployment, interoperability, and orchestration of industrial robotics and enterprise software. The company aims to penetrate new markets, particularly in North America, focusing on regions with increased automation adoption. The funding will support the development of upcoming features for the SOFTBOT® Platform, enhancing its capabilities in line with market demands.

## Funding rounds

- Series A, Nov 17, 2021, $25M — Prologis, Tiger Global Management
- Seed, May 5, 2020, $3.5M — Ludlow Ventures, Cowboy Ventures, NRV, Dynamo, Schematic Ventures
- Seed, May 30, 2019, $1.5M — Ludlow Ventures, Cowboy Ventures, Dynamo, Schematic Ventures

## Investors

- Ludlow Ventures (https://capitalatlas.ai/funds/ludlow-ventures) — Seed
- Cowboy Ventures (https://capitalatlas.ai/funds/cowboy-ventures) — Seed
- Dynamo — Seed
- Schematic Ventures (https://capitalatlas.ai/funds/schematic-ventures) — Seed
- NRV (https://capitalatlas.ai/funds/nrv) — Seed
- Prologis (https://capitalatlas.ai/funds/prologis) — Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A