Rapid Robotics - About the company
Rapid Robotics is an acquired company based in San Francisco (United States), founded in 2019 by Jordan Kretchmer, Ruddick Lawrence and Ruddick Lawrence. It operates as a Provider of robotic automation platform for manufacturing companies. Rapid Robotics has raised $54.2M in funding from investors like New Enterprise Associates, Greycroft and Tiger Global Management. The company has 1796 active competitors, including 165 funded and 159 that have exited. Its top competitors include companies like Geekplus, Agile Robots and Mujin.
Company Details
Provider of robotic automation platform for manufacturing companies. It develops turnkey robotic systems like the Rapid Machine Operator (RMO), which deploys pre-trained cobots for tasks such as loading/unloading machines, packing, and palletizing. It spend and utilization analytics, actionable savings recommendations and real-time insights.
- Website
- rapidrobotics.com
- Email ID
- *****@rapidrobotics.com
- Registered Address
- 100 Hooper St Ste 15, San Francisco, CA 94107, US
Key Metrics
Founded Year
2019
Location
San Francisco, United States
Stage
Acquired
Total Funding
$54.2M in 3 rounds
Latest Funding Round
Investors
Ranked
59th among 1796 active competitors
Employee Count
14 as on Aug 31, 2026
Exit Details
Acquired by RobCo (Sep 10, 2025)
Legal entities associated with Rapid Robotics
Rapid Robotics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Rapid Robotics, Inc. CIN: 20221390526 , United States, Active | Apr 20, 2022 | - | - | - |
Rapid Robotics's acquisition details
Rapid Robotics got acquired by RobCo on Sep 10, 2025.
Click here to take a look at Rapid Robotics's acquisition in detail
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Rapid Robotics's funding and investors
Rapid Robotics has raised a total funding of $54.2M over 3 rounds. Its first funding round was on Nov 18, 2020. Its latest funding round was a Series B round on Aug 18, 2021 for $*****. 6 investors participated in its latest round. Rapid Robotics has 11 institutional investors.
Here is the list of recent funding rounds of Rapid Robotics:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 18, 2021 | 7693721 | Series B | 9903919 | 7680811 | 7095197 | 7972713 |
Apr 06, 2021 | 4901782 | Series A | 7212012 | 2141424 | 5901983 | |
Nov 18, 2020 | 1210661 | Seed | 3670779 | 4266767 | 1577600 |
View details of Rapid Robotics's funding rounds and investors
Rapid Robotics' founders and board of directors
Founder? Claim ProfileHere are the details of Rapid Robotics' key team members:
- Jordan Kretchmer: Co-Founder of Rapid Robotics and founder of 1 other company.
- Ruddick Lawrence: Co-Founder and CTO of Rapid Robotics.
- Ruddick Lawrence: Co-Founder and CTO of Rapid Robotics.
View details of Rapid Robotics's Founder profiles and Board Members
Rapid Robotics' employee count trend
Rapid Robotics has 14 employees as of Aug 26. Here is Rapid Robotics's employee count trend over the years:
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Rapid Robotics's Competitors and alternates
Top competitors of Rapid Robotics include Geekplus, Agile Robots and Mujin. Here is the list of Top 10 competitors of Rapid Robotics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of robotics solutions for warehouse and logistics automation needs | $532M | 71/100 | ||
2nd | Agile Robots 2018, Munich (Germany), Series C | Developer of intelligent automation solutions combining artificial intelligence and robotics | $250M | 70/100 | |
3rd | Provider of intelligent automation solutions for industrial robots | $243M | 65/100 | ||
4th | Dexterity 2017, Redwood City (United States), Series B | AI that powers robots to do physical tasks | $396M | 65/100 | |
5th | Standard Bots 2011, New York City (United States), Series C | AI-powered robotics company automating real-world applications with advanced hardware and software | $263M | 65/100 | |
6th | Orangewood Labs 2016, San Francisco (United States), Series A | Manufacturer of AI-powered robotic arms for industrial automation | $4.65M | 63/100 | |
7th | Manufacturer of servo motors, AC drives, industrial robots, and controllers | - | - | 63/100 | |
8th | Bright Machines 2018, San Francisco (United States), Series C | Provider of software-defined microfactories automating AI infrastructure hardware assembly | $279M | 62/100 | |
9th | Manufacturer of robotic systems, production machines, and integrated production systems | - | 62/100 | ||
10th | Manufacturer of automation and robotic systems | - | 62/100 | ||
59th | Rapid Robotics 2019, San Francisco (United States), Acquired | Provider of robotic automation platform for manufacturing companies | $54.2M | 50/100 |
Looking for more details on Rapid Robotics's competitors? Click here to see the top ones
Rapid Robotics's Investments and acquisitions
Rapid Robotics has made no investments or acquisitions yet.
Reports related to Rapid Robotics
Here is the latest report on Rapid Robotics's sector:
News related to Rapid Robotics
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Rapid Robotics Partners With Yaskawa Motoman to Expand Solutions for Industrial Robotic ArmsBusiness Wire•Feb 07, 2023•Rapid Robotics, Motoman, Yaskawa
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Rapid Robotics and Universal Robots Team up to Fight Labor Shortages With Swift Cobot DeploymentsBusiness Wire•Feb 02, 2023•Rapid Robotics, Universal Robots
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Rapid Robotics Named to Fast Company’s First-Ever List of the Next Big Things in TechRoboticstomorrow•Nov 19, 2021•Rapid Robotics
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Rapid Robotics Named to Fast Company’s First-Ever List of the Next Big Things in TechRoboticstomorrow•Nov 18, 2021•Rapid Robotics
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Kleiner Perkins, Tiger Global Lead $36.7 Million Round In Rapid Roboticssvdaily.com•Aug 24, 2021•Rapid Robotics, Kleiner Perkins, Tiger Global Management, New Enterprise Associates and 8 others
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NEA leads $12M Series A in Rapid Robotics amid US manufacturing resurgence
GlobeNewswire•Jun 04, 2021•Rapid Robotics
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Rapid Robotics grabs $12M in Series A fundingThe Robot Report•Apr 06, 2021•Rapid Robotics, New Enterprise Associates, Greycroft, Bee Partners
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Rapid Robotics announces $5.5M seed funding to spark reshoring revolutionRoboticstomorrow•Nov 18, 2020•Rapid Robotics, Greycroft, Bee Partners
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Rapid Robotics launches ‘ready-to-work’ robotic machine operatorRoboticstomorrow•Nov 18, 2020•Rapid Robotics
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