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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 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.
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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
180 as on Aug 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 20 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
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
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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 180 employees as of Aug 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, Peppermint Robotics and Lions Bot. 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
-
60/100
2nd
Logo for Peppermint Robotics
Peppermint Robotics
2019, Pune (India), Series A
Intelligent robots for commercial & industrial applications
$7.31M
57/100
3rd
Logo for Lions Bot
Lions Bot
2018, Singapore, Series A
Developer of cleaning robots for commercial applications
$17M
56/100
4th
Logo for Avidbots
Avidbots
2014, Kitchener (Canada), Series C
Provider of cloud-enabled autonomous cleaning robots for commercial spaces
$107M
51/100
5th
Logo for Skyline Robotics
Skyline Robotics
2017, Tel Aviv (Israel), Seed
Provider of AI-based window cleaning robots
$22.7M
47/100
6th
Logo for Gausium
Gausium
2013, Pudong (China), Series D
Manufacturer and provider of AI-powered autonomous cleaning solutions
$50M
-
45/100
7th
Logo for Milagrow
Milagrow
2007, Gurugram (India), Funding Raised
Develops consumer robots for domestic tasks
-
42/100
8th
Logo for Auum
Auum
2019, Chatillon (France), Series A
Manufacturer of automated glass cleaning machines for corporate office environments
$7.38M
41/100
9th
Logo for Adlatus
Adlatus
2015, Badenweiler (Germany), Acquired
Robots for cleaning at commercial locations
-
40/100
10th
Logo for Tailos
Tailos
2015, Austin (United States), Series B
Developer of autonomous robotic vacuum cleaners for commercial environments
$2M
40/100
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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

lockFilter this list
Avidbots Raises $70m in Series C FundingBusiness WireSep 27, 2022Avidbots, SOSV, SOSV, Jeneration and 11 others
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