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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.
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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
Ranked
Employee Count
299 as on Feb 28, 2026
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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:lockFilter this list
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
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AMP's founders and board of directors

Founder? Claim Profile
The founders of AMP are James Bailey and Matanya Horowitz.
Here are the details of AMP's key team members:

AMP's employee count trend

AMP has 299 employees as of Feb 26. Here is AMP's employee count trend over the years:
Employee count trend for AMP
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Glacier
Glacier
2019, San Francisco (United States), Series A
Provider of AI-based automated waste sorting robots
$28.2M
61/100
2nd
Logo for Ampsortation
Ampsortation
2015, Louisville (United States), Series D
Provider of AI-powered automation systems for recycling and waste management
$211M
58/100
3rd
Logo for AMP
AMP
2015, Louisville (United States), Series C
AI-based waste sorting robot developer
$178M
56/100
4th
Logo for Everest Labs
Everest Labs
2018, Fremont (United States), Series A
Provider of AI-based robots for collecting and sorting recyclable wastes
$26.4M
54/100
5th
Logo for Recycleye
Recycleye
2019, London (United Kingdom), Series A
Developer of AI-powered robotic waste sorting and analytics equipment solutions
$23.4M
54/100
6th
Logo for Ishitva
Ishitva
2018, Ahmedabad (India), Seed
Provider of AI-powered sorting solutions for plastic, waste, and food
$1M
53/100
7th
Logo for Pellenc ST
Pellenc ST
2001, Pertuis (France), Early Stage
Developer of optical sorting solutions for waste recycling and treatment
$425K
53/100
8th
Logo for Gongye Technology
Gongye Technology
2018, Dongguan (China), Series A
Provider of AI-powered intelligent sorting equipment for waste recycling
$30.6M
52/100
9th
Logo for TrashCon
TrashCon
2017, Bengaluru (India), Seed
Manufacturer of automated segregation system
$585K
50/100
10th
Logo for SmarterX
SmarterX
2015, Boulder (United States), Series B
Provider of software suite solutions for in-store retail businesses
$62.4M
50/100
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AMP's Investments and acquisitions

AMP has made no investments or acquisitions yet.

News related to AMP

lockFilter this list
AMP Robotics continues to expand in EuropeBusiness WireMay 31, 2022AMP
Australia’s AMP combines multi-asset group into wealth armPrivatebankerinternationalMay 31, 2022AMP
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