Rethink Robotics Overview
- Founded
- 2008
- Status
- Acquired/Merged
- Employees
- 30
- Latest Deal Type
- M&A
- Investors
- 1
Rethink Robotics General Information
Description
Developer of industrial robots designed to bring automation in the manufacturing process. The company's robots automate dull, dangerous and dirty jobs, including loading and unloading, packing, molding operations, test and inspection, machining and metal fabrication amongst others, enabling organizations to equip with smart, collaborative robots for manufacturing.
Contact Information
Website
www.rethinkrobotics.com
Formerly Known As
Heartland Robotics
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Electronic Equipment and Instruments
Other Industries
Machinery (B2B)
Electrical Equipment
Primary Office
- 27-43 Wormwood Street
- Boston, MA 02210
- United States
+1 (617) 000-0000
Rethink Robotics Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 13-Nov-2018 | 00000 | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series E) | 18-Aug-2017 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
| 6. Later Stage VC (Series D) | 17-Apr-2015 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
| 5. Later Stage VC (Series C1) | 30-Oct-2013 | 000.00 | 000.00 | 00000 | Completed | Startup |
| 4. Later Stage VC (Series C) | 19-Jun-2012 | 0000 | 000.00 | 00000 | Completed | Startup |
| 3. Early Stage VC (Series B) | 23-Nov-2010 | 0000 | 000.00 | 000.00 | Completed | Startup |
| 2. Early Stage VC (Series A1) | 21-Aug-2009 | $7.1M | $12.1M | 000.00 | Completed | Startup |
| 1. Early Stage VC (Series A) | 21-Aug-2008 | $5M | $5M | 0000 | Completed | Startup |
Rethink Robotics Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.00 |
| Series D | 00,000,000 | 00.000000 | 00.0 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series C1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series C | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series B | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A1 | 7,530,062 | $0.001000 | $0.08 | $0.94 | $0.94 | 1x | $0.94 | 9.53% |
| Series A | 5,000,000 | $0.001000 | $0.08 | $1 | $1 | 1x | $1 | 6.33% |
Rethink Robotics Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of industrial robots designed to bring automation in the manufacturing process. The company's robots automate
Electronic Equipment and Instruments
Boston, MA
30
As of 2020
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Odense, Denmark
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00.000
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Shenzhen, China
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Request a free trialRethink Robotics Competitors (14)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Universal Robots | Formerly VC-backed | Odense, Denmark | 000 | 00.000 | 000000&0 | 00.000 |
| 00000 | Venture Capital-Backed | Shenzhen, China | 000 | 0000 | 00000000000 | 0000 |
| 00000 00000000 | Venture Capital-Backed | Columbus, OH | 00 | 000.00 | 0000000000 0 | 000.00 |
| 0000000000 0000000 | Corporation | Carpinteria, CA | 000000000 - | |||
| 0000 00000000 | Venture Capital-Backed | Beijing, China | 000.00 | 00000000000 | 000.00 |
Rethink Robotics Patents
Rethink Robotics Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| DE-102020208961-B3 | Procedure for aligning a robotic arm | Active | 17-Jul-2020 | 0000000000 | 0 |
| EP-3859940-A1 | Robot joint module and wireless power supply apparatus, system and method therefor | Pending | 29-Sep-2018 | 000000000 | |
| EP-3858555-A1 | Joint of collaborative robot, and housing therefor | Pending | 26-Sep-2018 | 0000000000 | |
| EP-3606708-A4 | Quick-release mechanism for tool adapter plate and robots incorporating the same | Pending | 07-Apr-2017 | 00000000000 | 0 |
| US-20170225331-A1 | Systems and methods for safe robot operation | Granted | 05-Feb-2016 | B25J9/1676 | 0 |
Rethink Robotics Executive Team (14)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Kurt Reiner Ph.D | Vice President of Software Development |
Rethink Robotics Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
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Request a free trialRethink Robotics Former Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| AIRX Innovation | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Astadia (Acquired) | PE-Backed Company | Minority | 000 0000 | 000000 0 | |
| Bezos Expeditions | Family Office | Minority | 000 0000 | 000000 0 | |
| CRV | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Draper Fisher Jurvetson Management | Venture Capital | Minority | 000 0000 | 000000 0 |