Internal Server Error

Refraction AI - About the company

Refraction AI is a seed company based in Ann Arbor (United States), founded in 2017 by Ram Vasudevan and Matthew Johnson Roberson. It operates as a Provider of AI-enabled autonomous robots for last-mile logistics. Refraction AI has raised $10M in funding from Pillar VC. The company has 70 active competitors, including 24 funded and 5 that have exited. Its top competitors include companies like Starship Technologies, Serve Robotics and Ottonomy.

Company Details

Refraction AI provides autonomous robots for last-mile logistics. Its offering includes Rev-1, a 3-wheeled last-mile goods delivery robot for urban areas. It navigates using 12 camera sensors and can operate in the traditional car and bike lanes by moving at a speed of 24 km/h. It can pick up goods from places like restaurants, pharmacies, and grocery stores and deliver them to the customer's address. The customer needs to use the received pin code with the robot's screen to gain access to the storage compartment and take their respective orders.
Social
X
Key Metrics
Founded Year
2017
Location
Ann Arbor, United States
Stage
Seed
Total Funding
$10M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
12 as on Aug 31, 2026
Similar Companies
Sign up to download Refraction AI's company profile

Refraction AI's funding and investors

Refraction AI has raised a total funding of $10M over 1 round. Its latest funding round was a Seed round on Mar 08, 2021 for $*****. 7 investors participated in its latest round. Refraction AI has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Refraction AI:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 08, 2021
9977314
Seed
3446980
6306222
1564649
5986283
lockAccess funding benchmarks and valuations. Sign up today!

Refraction AI's founders and board of directors

Founder? Claim Profile
The founders of Refraction AI are Ram Vasudevan and Matthew Johnson Roberson. Luke Schneider is the CEO of Refraction AI.
Here are the details of Refraction AI's key team members:

Refraction AI's employee count trend

Refraction AI has 12 employees as of Aug 26. Here is Refraction AI's employee count trend over the years:
Employee count trend for Refraction AI
lockUncover Refraction AI's growth story! Sign up today!
chrome_extension_cta_illustration
Access Tracxn on any website
Our Google Chrome extension lets you view company details while browsing their websites
Install Tracxn Extension

Refraction AI's Competitors and alternates

Top competitors of Refraction AI include Starship Technologies, Serve Robotics and Ottonomy. Here is the list of Top 10 competitors of Refraction AI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Starship Technologies
Starship Technologies
2014, San Francisco (United States), Series C
Operator of autonomous robots for delivery of goods and advertising
$281M
70/100
2nd
Developer of autonomous robots for last-mile delivery of goods
$247M
64/100
3rd
Logo for Ottonomy
Ottonomy
2020, Sunnyvale (United States), Series A
Manufacturer of autonomous robots for indoor and outdoor logistics delivery
$8.2M
62/100
4th
Logo for Neolix
Neolix
2018, Beijing (China), Series D
Developer of AI-enabled autonomous delivery vehicles
$726M
59/100
5th
Logo for RIVR
RIVR
2023, Germany, Acquired
Developer of physical AI solutions for last-mile delivery and robotics
$26.1M
58/100
6th
Logo for X Square Robot
X Square Robot
2021, Shenzhen (China), Series C
Developer of robotic solutions using general embodied intelligence large models
$723M
57/100
7th
Logo for Cartken Robotics
Cartken Robotics
2019, Tempe (United States), Series A
Manufacturer of autonomous mobile robots for indoor and outdoor material handling
$22.5M
51/100
8th
Logo for KEENON Robotics
KEENON Robotics
2010, Shanghai (China), Series B
Developer of autonomous service robots
$28.7M
47/100
9th
Logo for Refraction AI
Refraction AI
2017, Ann Arbor (United States), Seed
Provider of AI-enabled autonomous robots for last-mile logistics
$10M
45/100
10th
Logo for Daxbot
Daxbot
2015, Corvallis (United States), Seed
Manufacturer of last-mile delivery robot systems
-
-
44/100
lockGet insights and benchmarks for competitors of 2M+ companies! Sign up today!
Looking for more details on Refraction AI's competitors? Click here to see the top ones

Refraction AI's Investments and acquisitions

Refraction AI has made no investments or acquisitions yet.

Reports related to Refraction AI

Here is the latest report on Refraction AI's sector:

News related to Refraction AI

•
Chick-fil-A tests another autonomous delivery robotNation’s Restaurant News•Jun 02, 2022•Chick-fil-A, Refraction AI
•
•
•
Refraction AI raises $4.2M for delivery robotsThe Robot Report•Mar 10, 2021•Refraction AI, Pillar VC, Osage Venture Partners, Invest Michigan and 3 others
•
Refraction Al Announces Luke Schneider as CEODbusiness•Dec 11, 2020•Refraction AI
•
lockGet curated news about company updates, funding rounds, M&A deals and others. Sign up today!

FAQs about Refraction AI

Explore our recently published companies
Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford