Locus Robotics Revenue and Competitors

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Boston, MA USA

Location

#738

Growjo Ranking

Industrial

Industry

Estimated Revenue & Valuation

  • Locus Robotics's estimated annual revenue is currently $152.4M per year.(i)
  • Locus Robotics received $25.0M in venture funding in November 2017.
  • Locus Robotics's estimated revenue per employee is $448,310
  • Locus Robotics's total funding is $299M.
  • Locus Robotics's current valuation is $1B.

Employee Data

  • Locus Robotics has 340 Employees.(i)
  • Locus Robotics grew their employee count by 77% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$18.7M5928%N/AN/A
#2
$16.8M691%N/AN/A
#3
$17.8M731%N/AN/A
#4
$1.4M8N/AN/AN/A
#5
$34.9M9915%N/AN/A
#6
$9.6M44-6%N/AN/A
#7
$23.2M7318%N/AN/A
#8
$881.7M1784-1%N/AN/A
#9
$57.1M1472%N/AN/A
#10
$44.5M126-4%N/AN/A

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

$299M

Total Funding

340

Number of Employees

$152.4M

Revenue (est)

77%

Employee Growth %

$1B

Valuation

N/A

Accelerator

Locus Robotics News

2022-04-19 - Autonomous Mobile Robot Market Size, Scope And Outlook ...

Locus Robotics, Cimcorp Automation, Omron Adept, Aviation Industry Corporation of China, Clearpath Robotics, General Atomics Aeronautical...

2022-03-30 - LOCUS ROBOTICS WINS BRONZE STEVIE® AWARD IN ...

Locus Robotics' revolutionary, multi-bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively...

2022-03-30 - Keeping Up With Amazon: How Warehouse Robots Are ...

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...

2019-09-12 - 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 ...

2019-09-12 - 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, ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$115.1M341N/AN/A
#2
$142.7M346N/AN/A
#3
$144.8M35113%N/A
#4
$64.9M35833%N/A
#5
$74.4M370-9%N/A

Locus Robotics Funding

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