Bear Robotics - About the company
Bear Robotics is an acquired company based in San Francisco (United States), founded in 2017 by Brennand Pierce, John Ha and Juan Higueros. It operates as a Developer of autonomous mobile robots for various industries and applications. Bear Robotics has raised $175M in funding from investors like SoftBank, LG and Woowa Bros. The company has 21 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like Shenzhen Pudu Technology, KAIKAKU and Relay Robotics.
Company Details
Developer of autonomous mobile robots for various industries and applications. The company provides robots designed for use in restaurants, senior living facilities, hospitals, entertainment venues, hotels, and airport lounges. These robots also serve warehouses, factories, and ghost kitchens. The robots are engineered for efficient delivery on various surfaces and navigation in tight spaces.
- Website
- www.bearrobotics.ai/
- Registered Address
- 785 BROADWAY ST,REDWOOD CITY,CA,94063,0
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Acquired
Total Funding
$175M in 5 rounds
Latest Funding Round
Ranked
1st among 21 active competitors
Employee Count
254 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by LG (Jan 24, 2025)
Legal entities associated with Bear Robotics
Bear Robotics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Bear Robotics, Inc. CIN: 32073477815 , United States, Active | Feb 19, 2020 | - | - | - |
Bear Robotics's acquisition details
Bear Robotics got acquired by LG on Jan 24, 2025. It was facilitated by Wilson Sonsini Goodrich & Rosati.
Click here to take a look at Bear Robotics's acquisition in detail
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Bear Robotics's funding and investors
Bear Robotics has raised a total funding of $175M over 5 rounds. Its first funding round was on 2017. Its latest funding round was a Series C round on Mar 12, 2024 for $*****. 1 investor participated in its latest round. Bear Robotics has 17 institutional investors.
Here is the list of recent funding rounds of Bear Robotics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 12, 2024 | 9491621 | Series C | 5491687 | 3462546 | 4100981 | 3251371 |
Mar 15, 2022 | 7634220 | Series B | 6397794 | 4210734 | 2135207 | |
Jan 22, 2020 | 1875694 | Series A | 6253781 | 4226636 |
View details of Bear Robotics's funding rounds and investors
Bear Robotics' founders and board of directors
Founder? Claim ProfileThe founders of Bear Robotics are Brennand Pierce, John Ha and Juan Higueros. John Ha is the CEO of Bear Robotics.
Here are the details of Bear Robotics' key team members:
- Brennand Pierce: Co-Founder & CRO of Bear Robotics.
- John Ha: Co-Founder & CEO of Bear Robotics. Contact Info: 1 email address
- Juan Higueros: Co-Founder | Chief Operating Officer of Bear Robotics.
View details of Bear Robotics's Founder profiles and Board Members
Bear Robotics' employee count trend
Bear Robotics has 254 employees as of Mar 26. Here is Bear Robotics's employee count trend over the years:
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Bear Robotics's Competitors and alternates
Top competitors of Bear Robotics include Shenzhen Pudu Technology, KAIKAKU and Relay Robotics. Here is the list of Top 10 competitors of Bear Robotics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bear Robotics 2017, San Francisco (United States), Acquired | Developer of autonomous mobile robots for various industries and applications | $175M | 70/100 | |
2nd | Shenzhen Pudu Technology 2016, Shenzhen (China), Series C | Provider of an indoor catering robot | $279M | 50/100 | |
3rd | KAIKAKU 2023, London (United Kingdom), Seed | Platform offering robotics, AI, software, and hardware to automate restaurant operations | $1.8M | 45/100 | |
4th | Relay Robotics 2013, Campbell (United States), Series A | Manufacturer of a delivery robot for hotels | $10M | 39/100 | |
5th | Delivers AI 2020, Istanbul (Turkey), Seed | Online platform for ordering food through delivery robots | $4M | 34/100 | |
6th | Smile Robotics 2019, Bunkyo (Japan), Acquired | Developer of robots for food delivery and services | - | 30/100 | |
7th | Lounge'Lab 2019, Seongdong (South Korea), Funding Raised | Developer of AI-based robots for the hospitality industry | - | 27/100 | |
8th | RGT 2018, Daejeon (South Korea), Funding Raised | Provider of AI-powered autonomous service robots | - | 27/100 | |
9th | Develoepr smart locker solution for food delivery services | - | - | 27/100 | |
10th | WowRobee 2021, Long Island City (United States), Unfunded | Provider of serving robot solutions to customers in the hospitality industry | - | - | 26/100 |
Looking for more details on Bear Robotics's competitors? Click here to see the top ones
Bear Robotics's Investments and acquisitions
Bear Robotics has a total of 1 investment in M2M Tech. Bear Robotics has not made any acquisitions as of now.Reports related to Bear Robotics
Here is the latest report on Bear Robotics's sector:
News related to Bear Robotics
Media has covered Bear Robotics for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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Robotics Companies Secure $3.5 Billion Investment for Enhanced Food DeliveryPYMNTS.com•Jul 21, 2025•Canyons Zip Line, Siteserverobotics, LG, Bear Robotics and 2 others
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LG Electronics’ Majority Stake Acquisition of Bear RoboticsGlobal Legal Chronicle•Feb 12, 2025•LG, Wilson Sonsini Goodrich & Rosati, Bear Robotics
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LG acquires US-based AI startup to expand robotic portfolioTech in Asia•Jan 25, 2025•Bear Robotics, LG
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Lg Electronics Acquire Majority Stake In Bear RoboticsIntelligentcio•Jan 24, 2025•LG, Bear Robotics, LG CNS
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LG CNS to Innovate Logistics with Autonomous Mobile Robot TechnologyKorea Newswire•Jan 20, 2025•LG CNS, Bear Robotics
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