Locus Robotics Revenue and Competitors
Estimated Revenue & Valuation
- Locus Robotics's estimated annual revenue is currently $194.6M per year.
- Locus Robotics received $25.0M in venture funding in November 2017.
- Locus Robotics's estimated revenue per employee is $404,504
- Locus Robotics's total funding is $416M.
- Locus Robotics's current valuation is $2B. (November 2022)
Employee Data
- Locus Robotics has 481 Employees.
- Locus Robotics grew their employee count by 41% last year.
Locus Robotics Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $19.7M | 48 | 9% | N/A | N/A |
#2 | $22.2M | 54 | 4% | N/A | N/A |
#3 | $23.2M | 56 | 2% | N/A | N/A |
#4 | $2.1M | 8 | N/A | N/A | N/A |
#5 | $30M | 81 | -2% | $47.2M | N/A |
#6 | $36.4M | 79 | 1% | N/A | N/A |
#7 | $13.3M | 36 | 3% | N/A | N/A |
#8 | $28.6M | 62 | 13% | N/A | N/A |
#9 | $881.7M | 1372 | 3% | N/A | N/A |
#10 | $6.4M | 20 | 5% | N/A | N/A |
What Is Locus Robotics?
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
$416M
Total Funding
481
Number of Employees
$194.6M
Revenue (est)
41%
Employee Growth %
$2B
Valuation
N/A
Accelerator
Locus Robotics News
Locus Robotics, Cimcorp Automation, Omron Adept, Aviation Industry Corporation of China, Clearpath Robotics, General Atomics Aeronautical...
Locus Robotics' revolutionary, multi-bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively...
Locus ships robots via what we might call robots-as-a-service model, adding extras during busy times like holidays. Training time for a new...
Among the robots the company has at its innovation center are mobile units from Locus Robotics designed to work with humans to minimize ...
Robotics, AR, 3D Printing: This Chicago Lab Explores the Future of .... see a robot built by the Wilmington, Massachusetts-based Locus Robots, ...
Other Companies in Wilmington
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $188.8M | 493 | -2% | N/A |
#2 | $218.1M | 497 | 18% | N/A |
#3 | $113.3M | 498 | 22% | N/A |
#4 | $136.6M | 502 | N/A | N/A |
#5 | $99.4M | 526 | 16% | N/A |
Locus Robotics Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2016-05-26 | $8.0M | A | Article | |
| 2017-11-21 | $25.0M | B | Scale Venture Partners | Article |
Locus Robotics Executives
| Name | Title |
|---|---|
| Rick Faulk | CEO |
| Karen Leavitt | Chief Marketing Officer |
| Al Dekin | Chief Revenue Officer |
| Sean Johnson | CTO |
| Jasmine Lombardi | Chief Customer Officer |
| Tracy Simek | Chief People Officer |
| Lawrence Griffin | Chief Contracting Officer |
| Mike Johnson | President/COO |
| Dustin Pederson | Chief Financial Officer |
| Denis Niezgoda | Vice President, EMEA & APAC |
| Mike Johnson | President/COO |
| Mike Sussman | Sr. Vice President of Hardware Engineering |
| Patrick Hussey | Vice President, Integration Engineering |
| Jason Walker | Vice President Market Development |
| Peter Ashe | Vice President Operations |
| Maria Higginbotham | Vice President, Europe |
| Hamid Montazeri | SVP, Software & AI |