Avidbots - About the company
Avidbots is a series C company based in Kitchener (Canada), founded in 2014 by Faizan Sheikh. It operates as a Provider of cloud-enabled autonomous cleaning robots for commercial spaces. Avidbots has raised $107M in funding from investors like True Ventures, Jeneration and HAX. The company has 102 active competitors, including 24 funded and 8 that have exited. Its top competitors include companies like Hayward, Peppermint Robotics and Lions Bot.
Company Details
Provider of cloud-enabled autonomous cleaning robots for commercial spaces. Its offering is Neo, an autonomous floor-scrubbing robot. The robot has a touch-screen interface for the user to insert commands and is equipped with cameras and sensors and uses its dynamic mapping and obstacle-avoidance technology to maneuver within the facility. It can be deployed into commercial spaces such as large commercial spaces, including airports, commercial and retail facilities, educational institutions, warehouses, and healthcare facilities. It also offers a cloud-based application that allows monitoring a fleet of Neo bots in real-time and accessing reports of every cleaning operation, including productivity metrics and sector-level coverage maps.
- Website
- avidbots.com
- Email ID
- *****@avidbots.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2014
Location
Kitchener, Canada
Stage
Series C
Total Funding
$107M in 6 rounds
Latest Funding Round
Investors
Ranked
4th among 102 active competitors
Employee Count
180 as on Aug 31, 2026
Similar Companies
Legal entities associated with Avidbots
Avidbots is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Avidbots Corp CIN: 8756708 , Canada, Active | Jan 15, 2014 | - | - | - |
Avidbots Corp. CIN: 642489227 , Australia, Active | Jul 09, 2020 | - | - |
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Avidbots's funding and investors
Avidbots has raised a total funding of $107M over 6 rounds. Its first funding round was on May 12, 2014. Its latest funding round was a Series C round on Sep 27, 2022 for $*****. 11 investors participated in its latest round. Avidbots has 20 institutional investors.
Here is the list of recent funding rounds of Avidbots:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 27, 2022 | 8901786 | Series C | 9094199 | 6590296 | 7384838 | 6514727 |
Mar 21, 2019 | 1813958 | Series B | 7482458 | 6333305 | 2847469 | |
May 2018 | 2902984 | Series A | 5759893 | 7330836 | 5190732 | 2661064 |
View details of Avidbots's funding rounds and investors
Avidbots' founders and board of directors
Founder? Claim ProfileThe founders of Avidbots is Faizan Sheikh. JJ Ethridge is the CEO of Avidbots.
Here are the details of Avidbots' key team members:
- Faizan Sheikh: Co-Founder of Avidbots. Contact Info: 1 email address
- JJ Ethridge: CEO of Avidbots.
View details of Avidbots's Founder profiles and Board Members
Avidbots' employee count trend
Avidbots has 180 employees as of Aug 26. Here is Avidbots's employee count trend over the years:
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Avidbots's Competitors and alternates
Top competitors of Avidbots include Hayward, Peppermint Robotics and Lions Bot. Here is the list of Top 10 competitors of Avidbots, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hayward 1925, Berkeley Heights (United States), Public | Manufacturer of pool and spa equipment for residential and commercial pools, offering environmentally responsible and cutting-edge products | - | 60/100 | |
2nd | Peppermint Robotics 2019, Pune (India), Series A | Intelligent robots for commercial & industrial applications | $7.31M | 57/100 | |
3rd | Developer of cleaning robots for commercial applications | $17M | 56/100 | ||
4th | Provider of cloud-enabled autonomous cleaning robots for commercial spaces | $107M | 51/100 | ||
5th | Skyline Robotics 2017, Tel Aviv (Israel), Seed | Provider of AI-based window cleaning robots | $22.7M | 47/100 | |
6th | Manufacturer and provider of AI-powered autonomous cleaning solutions | $50M | - | 45/100 | |
7th | Develops consumer robots for domestic tasks | - | 42/100 | ||
8th | Manufacturer of automated glass cleaning machines for corporate office environments | $7.38M | 41/100 | ||
9th | Robots for cleaning at commercial locations | - | 40/100 | ||
10th | Tailos 2015, Austin (United States), Series B | Developer of autonomous robotic vacuum cleaners for commercial environments | $2M | 40/100 |
Looking for more details on Avidbots's competitors? Click here to see the top ones
Avidbots's Investments and acquisitions
Avidbots has made no investments or acquisitions yet.
Reports related to Avidbots
Here is the latest report on Avidbots's sector:
News related to Avidbots
•
Avidbots Launches Smaller Autonomous Cleaning Robot, Driving Growth and Expansion Into New MarketsFinancial Post•Apr 10, 2024•Avidbots
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Avidbots Announces Key Executive Promotions to Drive Growth and ScaleBusiness Wire•Nov 16, 2023•Avidbots
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Avidbots Releases First Floor-Scrubbing Robot Built for Industrial SpacesAiThority•Apr 26, 2023•Avidbots
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Avidbots Neo Cleaning Robot Used by Many of the Newly Named Top Cleanest Global AirportsBusiness Wire•Mar 28, 2023•Avidbots
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Avidbots Raises $70m in Series C FundingBusiness Wire•Sep 27, 2022•Avidbots, SOSV, SOSV, Jeneration and 11 others
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Avidbots Neo Cleaning Robot Used by Many of the Newly Named Best Global AirportsBusiness Wire•Jul 12, 2022•Avidbots
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