AMP - About the company
AMP is a series C company based in Louisville (United States), founded in 2015 by James Bailey and Matanya Horowitz. It operates as an AI-based waste sorting robot developer. AMP has raised $178M in funding from investors like Sequoia Capital, Wellington and XN, with a current valuation of $*****. The company has 52 active competitors, including 19 funded and 2 that have exited. Its top competitors include companies like Glacier, Ampsortation and Everest Labs.
Company Details
AMP Robotics has developed an artificial intelligence-based waste sorting robot which picks recyclable materials off a conveyor belt in mixed waste, construction & demolition waste, and e-waste facilities. AI-technology is used to identify the waste material and machine learning platform keeps record of types of materials identified. The operational data is captured and is analyzed in a web-based platform through graphs. Has a capability to perform 60-picks per minute, can work 3-shifts per day with 1-year payback period.
- Website
- amprobotics.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Louisville, United States
Stage
Series C
Total Funding
$178M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 31, 2023
Investors
Ranked
3rd among 52 active competitors
Employee Count
299 as on Feb 28, 2026
Legal entities associated with AMP
AMP is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AMP ROBOTICS CORPORATION CIN: 471550512,901248052 , Belgium, Active | Jul 17, 2014 | - | 90 (As on Dec 31, 2020) | - |
AMP ROBOTICS CORPORATION CIN: 901248052 , United States, Active | - | 126 (As on Dec 31, 2024) | - |
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AMP's funding and investors
AMP has raised a total funding of $178M over 6 rounds. Its first funding round was on Dec 22, 2016. Its latest funding round was a Series C round on May 09, 2023 for $*****. 1 investor participated in its latest round. AMP has 21 institutional investors.
Here is the list of recent funding rounds of AMP:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 09, 2023 | 6282465 | Series C | 9580822 | 8046104 | 4716208 | 5654902 |
Nov 02, 2022 | 9945197 | Series C | 4003009 | 9727867 | 6164894 | |
Dec 29, 2020 | 8937996 | Series B | 9860491 | 2576219 |
View details of AMP's funding rounds and investors
AMP's founders and board of directors
Founder? Claim ProfileThe founders of AMP are James Bailey and Matanya Horowitz.
Here are the details of AMP's key team members:
- James Bailey: Former Co-Founder of AMP.
- Matanya Horowitz: Founder of AMP. Contact Info: 1 email address
View details of AMP's Founder profiles and Board Members
AMP's employee count trend
AMP has 299 employees as of Feb 26. Here is AMP's employee count trend over the years:
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AMP's Competitors and alternates
Top competitors of AMP include Glacier, Ampsortation and Everest Labs. Here is the list of Top 10 competitors of AMP, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Glacier 2019, San Francisco (United States), Series A | Provider of AI-based automated waste sorting robots | $28.2M | 61/100 | |
2nd | ![]() Ampsortation 2015, Louisville (United States), Series D | Provider of AI-powered automation systems for recycling and waste management | $211M | 58/100 | |
3rd | AMP 2015, Louisville (United States), Series C | AI-based waste sorting robot developer | $178M | 56/100 | |
4th | Everest Labs 2018, Fremont (United States), Series A | Provider of AI-based robots for collecting and sorting recyclable wastes | $26.4M | 54/100 | |
5th | Recycleye 2019, London (United Kingdom), Series A | Developer of AI-powered robotic waste sorting and analytics equipment solutions | $23.4M | 54/100 | |
6th | Provider of AI-powered sorting solutions for plastic, waste, and food | $1M | 53/100 | ||
7th | Pellenc ST 2001, Pertuis (France), Early Stage | Developer of optical sorting solutions for waste recycling and treatment | $425K | 53/100 | |
8th | Gongye Technology 2018, Dongguan (China), Series A | Provider of AI-powered intelligent sorting equipment for waste recycling | $30.6M | 52/100 | |
9th | Manufacturer of automated segregation system | $585K | 50/100 | ||
10th | SmarterX 2015, Boulder (United States), Series B | Provider of software suite solutions for in-store retail businesses | $62.4M | 50/100 |
Looking for more details on AMP's competitors? Click here to see the top ones
AMP's Investments and acquisitions
AMP has made no investments or acquisitions yet.
News related to AMP
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AMP Robotics Raises Additional Series C From Microsoft Climate Innovation FundFinSMEs•May 09, 2023•AMP, Congruent Ventures, Wellington, Microsoft and 8 others
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AMP Robotics offers new AI-powered system for recycling infrastructurePackaging Gateway•May 02, 2023•AMP
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AMP Robotics Raises $91 Million in Series C FinancingBusiness Wire•Nov 02, 2022•AMP, Congruent Ventures, Wellington, Blue Earth Capital and 7 others
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Amp Robotics Develops Industry’s First Ai-powered System For Recovery Of Film And Flexible PackagingBusiness Wire•Oct 19, 2022•AMP
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AMP Robotics and Waste Connections Reach Recycling Technology MilestoneBusiness Wire•Jun 28, 2022•AMP, Waste Connections
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Australia’s AMP combines multi-asset group into wealth armPrivatebankerinternational•May 31, 2022•AMP
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