Locus Robotics Competitors, Revenue and Alternatives

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Overview

Location:
Boston, MA USA
Total Funding:$99M
Industry:Industrial
Founded:2014
Lead Investor(s):Scale Venture Partners
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Estimated Revenue & Financials

  • Locus Robotics's estimated annual revenue is currently $42.7M per year.
  • Locus Robotics received $25.0M in venture funding in November 2017.
  • Locus Robotics's estimated revenue per employee is $353,000
  • Locus Robotics's total funding is $99M.

Employee Data

  • Locus Robotics has 121 Employees.
  • Locus Robotics grew their employee count by 51% last year.
  • Locus Robotics currently has 10 job openings.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
AutomaTech
$15.5M44N/AN/A
iAutomation
$51.5M146N/AN/A
MACHINEMETRICS
$18.7M53N/AN/A
United Electric...
$41.3M117N/AN/A
BSC Industries
$15.5M445%N/A
Cognex Corporat...
$953.8M2702N/AN/A
Tego
$8.5M24N/AN/A
Ruland Manufact...
$13.8M39N/AN/A
Double E
$57.5M1636%N/A
Lenze Americas ...
$99.5M2826%N/A
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Locus Robotics designs and builds some amazing and innovative, autonomous robots that work collaboratively alongside workers in logistics and fulfillment industries. We help workers pick 2x-3x faster, with near-100% accuracy, and less labor compared to traditional picking systems. You simply pick faster! The LocusEmpower(TM) system easily integrates into existing warehouse infrastructure without the need to reconfigure your warehouse or disrupt workflows. Locus delivers greater throughput, reduced costs and unparalleled flexibility in moving inventory and orders through a fulfillment center.

keywords:Internet of Things,Robotics,Transportation

121

Number of Employees

$42.7M

Revenue (est)

10

Current Jobs

51%

Employee Growth %

$99M

Total Funding

N/A

Valuation

N/A

Accelerator

B2B

Type

Executive Contacts

NameTitleEmail
Sean JohnsonCtoEmail Available
Jasmine LombardiChief Customer OfficerEmail Available
Mark KniffinPrincipal Mechanical Engineer
Melissa ValentineDirector, Global Accounts
Tracy Simekvp of Human ResourcesEmail Available
Jason BoehmDeployment Project Manager
Lawrence GriffinChief Contracting Officer
Jeffrey CodyDirector of Interactive MarketingEmail Available
Mike JohnsonPresident/COOEmail Available
Mike SussmanVP, Hardware EngineeringEmail Available

Locus Robotics News

31-Aug-19 - Robotics in the Warehouse: Changing the Fulfillment Paradigm

In this Insider Q&A, Locus Robotics' CEO Rick Faulk discusses the shifts that companies need to work through on their automation journeys, ...

12-Sep-19 - Robotics, AR, 3D Printing: This Chicago Lab Explores the ...

Robotics, AR, 3D Printing: This Chicago Lab Explores the Future of .... see a robot built by the Wilmington, Massachusetts-based Locus Robots, ...

12-Sep-19 - DHL Opens Innovation Center to Showcase Logistics ...

Among the robots the company has at its innovation center are mobile units from Locus Robotics designed to work with humans to minimize ...

Locus Robotics Funding

DateAmountRoundLead InvestorsReference
2016-05-26$8.0MAArticle
2017-11-21$25.0MBScale Venture PartnersArticle

Locus Robotics Executive Hires

DateNameTitleReference
2016-05-26Rick FaulkCEOArticle