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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 131 active competitors, including 24 funded and 9 that have exited. Its top competitors include companies like Hayward, Lions Bot and Peppermint Robotics.

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.
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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
Ranked
Employee Count
175 as on Oct 31, 2026
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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 22 institutional investors.

Here is the list of recent funding rounds of Avidbots:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 27, 2022
5912903
Series C
4791758
3451660
8498257
6843022
Mar 21, 2019
3711432
Series B
9403619
3745455
7121277
May 2018
3443834
Series A
4380646
2506353
4578875
8255325
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Avidbots' founders and board of directors

Founder? Claim Profile
The founders of Avidbots is Faizan Sheikh. JJ Ethridge is the CEO of Avidbots.
Here are the details of Avidbots' key team members:

Avidbots' employee count trend

Avidbots has 175 employees as of Oct 26. Here is Avidbots's employee count trend over the years:
Employee count trend for Avidbots
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Avidbots's Competitors and alternates

Top competitors of Avidbots include Hayward, Lions Bot and Peppermint Robotics. Here is the list of Top 10 competitors of Avidbots, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hayward
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
-
61/100
2nd
Logo for Lions Bot
Lions Bot
2018, Singapore, Series A
Developer of cleaning robots for commercial applications
$17M
58/100
3rd
Logo for Peppermint Robotics
Peppermint Robotics
2019, Pune (India), Series A
Manufacturer of autonomous floor cleaning robots for commercial and industrial applications
$14.1M
58/100
4th
Logo for Via Bot
Via Bot
2015, Sunnyvale (United States), Series A
Manufacturer of self-charging, self-emptying robotic sweepers
$43M
57/100
5th
Logo for Tennant
Tennant
1870, Minneapolis (United States), Public
Manufacturer of floor cleaning machines, parts, and related service plans
-
56/100
6th
Logo for Karcher
Karcher
Winnenden (Germany), Unfunded
Manufacturer of cleaning equipment, pressure washers, vacuums, and related cleaning solutions
-
-
52/100
7th
Logo for Avidbots
Avidbots
2014, Kitchener (Canada), Series C
Provider of cloud-enabled autonomous cleaning robots for commercial spaces
$107M
48/100
8th
Logo for Gausium
Gausium
2013, Pudong (China), Series D
Manufacturer and provider of AI-powered autonomous cleaning solutions
$50M
-
45/100
9th
Logo for Skyline Robotics
Skyline Robotics
2017, Tel Aviv (Israel), Seed
Provider of AI-based window cleaning robots
$22.7M
42/100
10th
Logo for RoboDeck
RoboDeck
2019, Tel Aviv (Israel), Seed
Developer of autonomous robots for wooden deck maintenance
$2M
42/100
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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

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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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