PaintJet - About the company
PaintJet is a series A company based in Nashville (United States), founded in 2020 by Nick Hegeman and Steve Wasilowski. It operates as a Provider of robotic and AI-powered painting services for infrastructure. PaintJet has raised $14.8M in funding from Dynamo Ventures and Outsiders Fund. The company has 17 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like HausBots, Vividobots and Endless Robotics.
Company Details
Provider of robotic and AI-powered painting services for infrastructure. It offers painting for new construction, repaint, and maintenance projects. The company applies protective and specialty coatings using robotics and AI. It serves industries including tilt-up, oil and gas, and marine.
Key Metrics
Founded Year
2020
Location
Nashville, United States
Stage
Series A
Total Funding
$14.8M in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among 17 active competitors
Employee Count
26 as on May 31, 2026
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PaintJet's funding and investors
PaintJet has raised a total funding of $14.8M over 2 rounds. Its first funding round was on Oct 27, 2022. Its latest funding round was a Series A round on Dec 21, 2023 for $*****. 6 investors participated in its latest round. PaintJet has 8 institutional investors.
Here is the list of recent funding rounds of PaintJet:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 21, 2023 | 8772654 | Series A | 3570982 | 5262232 | 7767884 | 6324129 |
Oct 27, 2022 | 7204531 | Seed | 2852740 | 9661980 |
View details of PaintJet's funding rounds and investors
PaintJet's founders and board of directors
Founder? Claim ProfileThe founders of PaintJet are Nick Hegeman and Steve Wasilowski. Nick Hegeman is the CEO of PaintJet.
Here are the details of PaintJet's key team members:
- Nick Hegeman: Co-Founder & CEO of PaintJet.
- Steve Wasilowski: Co-Founder & Vice President of PaintJet.
View details of PaintJet's Founder profiles and Board Members
PaintJet's employee count trend
PaintJet has 26 employees as of May 26. Here is PaintJet's employee count trend over the years:
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PaintJet's Competitors and alternates
Top competitors of PaintJet include HausBots, Vividobots and Endless Robotics. Here is the list of Top 10 competitors of PaintJet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HausBots 2018, London (United Kingdom), Seed | Provider of a wall climbing and painting robot | $1.73M | 42/100 | |
2nd | PaintJet 2020, Nashville (United States), Series A | Provider of robotic and AI-powered painting services for infrastructure | $14.8M | 41/100 | |
3rd | Vividobots 2021, Chennai (India), Seed | Technology company that offers industrial automation and medical robotics solutions | $173K | 35/100 | |
4th | Endless Robotics 2015, Hyderabad (India), Deadpooled | Robotic solutions for decorative painting industry | $313K | 34/100 | |
5th | Developer of painting robots for the construction sector | - | - | 33/100 | |
6th | Provider of industrial finishing equipment and services | - | - | 29/100 | |
7th | Providing of robotic stripping solution to manage construction tasks | - | 29/100 | ||
8th | Automated painting robotic solutions for the construction industry | - | 26/100 | ||
9th | Provider of robotics-based painting solutions | - | - | 25/100 | |
10th | Nova Spraytec 2020, Gilching (Germany), Unfunded | Provider of solutions for automating spraying processes | - | - | 24/100 |
Looking for more details on PaintJet's competitors? Click here to see the top ones
PaintJet's Investments and acquisitions
PaintJet has made no investments or acquisitions yet.
Reports related to PaintJet
Here is the latest report on PaintJet's sector:
News related to PaintJet
•
Industrial Painting Robots Startup Raises $10MIoT World Today•Feb 10, 2025•PaintJet, Outsiders Fund, 53 Stations, Dynamo Ventures and 3 others
•
PaintJet Raises $10M in Series A FundingFinSMEs•Dec 21, 2023•PaintJet, Outsiders Fund, Dynamo Ventures, Pathbreaker Ventures and 4 others
•
PaintJet launches new robotic painting solution for commercial buildingsRobotics and Automation News•Oct 21, 2023•PaintJet
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