Rapid’s mission is to provide manufacturers a robotic solution that can be deployed against simple tasks in hours rather than weeks, and at a fraction of the cost of other automation solutions that require extensive manual programming. Our product is a fully integrated robotic arm work cell that is trained to perform tasks out of the box, and learns new tasks via our cloud infrastructure, AI, and Computer Vision.
Rapid’s software provides our customers with an intuitive interface that gives them the tools to deploy and redeploy Rapid’s automated work cells on their manufacturing lines without having to be a robotics expert. To enable accessible and simple user-facing controls requires an extensive and specialized technology stack. Rapid’s platform is powered by AI and Computer Vision that drastically reduces the complexity, cost, and time typically required to set up a robotic arm. In short, we are automating the process for deploying manufacturing automation.
Rapid’s solution is already deployed with customers, and is proven to deliver increased profits and decreased costs, making our solution indispensable for the future of manufacturing.
Employees: 11-50
Total raised: $54.2M
Founded date: 2019
Investors 4
Date | Name | Website |
- | New Enterp... | nea.com |
- | SQN Ventur... | sqnvp.com |
- | Bee Partne... | beepartner... |
25.11.2021 | Greycroft | greycroft.... |
Funding Rounds 3
Date | Series | Amount | Investors | Deal News |
18.08.2021 | Series B | $36.7M | - | venturebea... |
18.11.2020 | Seed | $5.5M | - | aithority.... |
- | Series A | $12M | New Enterp... | citybizlis... |
Mentions in press and media 16
Date | Title | Description | Source |
08.09.2021 | Rapid Robotics Grows by Offering Manufacturers Affordable Op... | More than 2.6 million manufacturing workers are aiming for retirement within the next decade. And th... | beepartner... |
26.08.2021 | Bee Partners Portfolio Company Rapid Robotics Raises Third F... | Investments in robotics and automation have only accelerated during the pandemic as companies look f... | beepartner... |
19.08.2021 | Daily funding roundup - August 19th, 2021 | Postman raised $225M, MobileCoin secures $66M, One landed $40M; Rapid Robotics picks up $36.7M Post... | vator.tv/n... |
19.08.2021 | Rapid Robotics Raises $36.7M in Series B Funding | Rapid Robotics, a San Francisco, CA-based creator of a ready-to-work robotic machine operator, raise... | finsmes.co... |
18.08.2021 | Rapid Robotics raises another $36.7M | Rapid Robotics announced a $12 million Series A all the way back in April 2021. Four months later, t... | techcrunch... |
18.08.2021 | An important takeaway from Maven Clinic’s $1 billion valuati... | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign ... | fortune.co... |
18.08.2021 | Automation-as-a-service startup Rapid Robotics raises $36.7M | The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agili... | venturebea... |
18.08.2021 | An important takeaway from Maven Clinic’s $1 billion valuati... | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign ... | fortune.co... |
18.08.2021 | Rapid Robotics Collects $36.7M in Series B | SAN FRANCISCO, CA, Rapid Robotics announced $36.7M in Series B funding led by Kleiner Perkins and ... | vcnewsdail... |
18.08.2021 | Rapid Robotics raises $36.7M for its AI-powered industrial r... | Kleiner Perkins and Tiger Global have led a $36.7 million funding round for Rapid Robotics Inc., a s... | siliconang... |
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