When was Promise Robotics founded?

Promise Robotics was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Promise Robotics located?

Promise Robotics is headquartered in Toronto, Canada. It is registered at 276 Queen Street West, Toronto.

Who is the current CEO of Promise Robotics?

Ramtin Attar of Promise Robotics. They have also founded 1 company.

Which legal entities is Promise Robotics associated with?

Promise Robotics is associated with Mero Technologies Inc. and 1 other.

How many employees does Promise Robotics have?

As of Aug 31, 2026, the latest employee count at Promise Robotics is 47.

Is Promise Robotics a funded company?

Promise Robotics is a funded company, having raised a total of $25M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 17, 2021.

When was the latest funding round of Promise Robotics?

Promise Robotics' latest funding was a $***** Series A round on Oct 31, 2023, with participation from 5 investors. Its primary sector is Real Estate & Infrastructure Developers. Globally, the Real Estate & Infrastructure Developers sector has seen $2.34B in funding in 2026 to date.

Where does Promise Robotics rank among its competitors?

Promise Robotics ranks 230th amongst 22301 active competitors, of which 247 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was SILA, which secured $100M in Apr, 2026.

Who are the top competitors of Promise Robotics?

Promise Robotics' top competitors include Emaar, Wanda Group and Godrej Properties. Among them, SILA secured the most recent funding round in April, 2026.

Promise Robotics - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: promiserobotics.com
Email ID: *****@promiserobotics.com
Registered Address: 276 Queen Street West, Toronto

Key Metrics

Founded Year

2021

Location

Toronto, Canada

Stage

Series A

Total Funding

$25M in 3 rounds

Latest Funding Round

Series A, Oct 31, 2023, $*****

Investors

Horizons Ventures & 6 more

Ranked

230^th among 22301 active competitors

Employee Count

47 as on Aug 31, 2026

Similar Companies

Buildots & 248 more

View Promise Robotics' full profile

Promise Robotics is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Mero Technologies Inc. CIN: 10188026 , Canada, Active	Apr 11, 2017	-	-	-
Promise Robotics Inc. CIN: 12351536 , Canada, Active	Sep 18, 2020	-	-	-

Promise Robotics has raised a total funding of $25M over 3 rounds. Its first funding round was on Mar 17, 2021. Its latest funding round was a Series A round on Oct 31, 2023 for $*****. 5 investors participated in its latest round. Promise Robotics has 7 institutional investors.

Here is the list of recent funding rounds of Promise Robotics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 31, 2023	3389194	Series A	8347944	8953898	9652098	8757555
Dec 09, 2021	3718867	Grant (prize money)	6915548	3059837	6511776	Sustainable Development Technology Canada
Mar 17, 2021	3881167	Seed	1411386	7346008	3679977	PSP Investments & 1 more

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View details of Promise Robotics's funding rounds and investors

The founders of Promise Robotics are Ramtin Attar and Reza Nasseri. Ramtin Attar is the CEO of Promise Robotics.

Here are the details of Promise Robotics' key team members:

Ramtin Attar: Co-Founder & CEO of Promise Robotics.
Reza Nasseri: Co-Founder & CTO of Promise Robotics.

Promise Robotics' Board of Directors

Promise Robotics's board has 4 active members. Kerry Liu, Salim Teja, Ramtin Attar and Reza Nasseri are independent board members.

Here is the list of Promise Robotics' board of directors:

Name	Type	Representing	Status	Duration
Kerry Liu	Independent board member	-	Current	3y 7m
yawtkkg	Independent board member	-	Current	9y 9m
saguwil	Independent board member	-	Current	5y 2m
zocdmin	Independent board member	-	Current	5y 2m

View details of Promise Robotics's Founder profiles and Board Members

Promise Robotics' employee count trend

Promise Robotics has 47 employees as of Aug 26. Here is Promise Robotics's employee count trend over the years:

Employee count trend for Promise Robotics

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Top competitors of Promise Robotics include Emaar, Wanda Group and Godrej Properties. Here is the list of Top 10 competitors of Promise Robotics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Emaar 1997, Dubai (United Arab Emirates), Public	Provider of real estate development properties	$98M	Mashreq Bank, Taaleri & 13 others	82/100
2nd	Wanda Group 1988, Beijing (China), Late Stage	Provider of commercial hotels, resorts, and apartments management & development services	$7B	PAG, tencent-holdings.com & 6 others	72/100
3rd	Godrej Properties 1990, Mumbai (India), Public	Developer of residential and commercial real estate projects	-	SBI Pension Funds, GIC & 9 others	69/100
4th	Vingroup 1993, Hanoi (Vietnam), Public	Provider of real estate development and management services	-	IMM Investment, Korea Investment Private Equity ... & 4 others	69/100
5th	Oberoi Realty 1980, Mumbai (India), Public	Real estate developer specializing in premium residential and commercial properties	$152M	Alpha Wave Global, Morgan Stanley & 2 others	69/100
6th	Max Estates 2016, Noida (India), Public	Provider of residential & commercial development services	-	-	67/100
7th	Lendlease 1958, Melbourne (Australia), Public	Provider of sustainable project development services	-	Gresham, AUI & 2 others	66/100
8th	DLF India 1946, Gurugram (India), Public	Provider of property and real estate development services	-	HDFC Mutual Fund, Goldman Sachs & 12 others	66/100
9th	M3M India 2010, Gurugram (India), Series D	Provider of real estate and commercial project development services	$538M	Piramal Group, PAG & 9 others	65/100
10th	SILA 2010, Mumbai (India), Series B	Provider of facility management, material handling, food catering, real estate advisory, and development services	$146M	Norwest, Norwest Venture Partners & 28 others	64/100
230th	Promise Robotics 2021, Toronto (Canada), Series A	Developer of automated systems for industrializing residential construction and assembly	$25M	PSP Investments, Horizons Ventures & 5 others	49/100