ROAM Robotics - About the company
ROAM Robotics is a series A company based in San Francisco (United States), founded in 2012 by Tim Swift. It operates as a Developer of robotic exoskeletons designed to augment strength and reduce injury. ROAM Robotics has raised $12M in funding from Yamaha Motor Ventures. The company has 42 active competitors, including 16 funded and 2 that have exited. Its top competitors include companies like Wandercraft, Verve Motion and Harmonic Bionics.
Company Details
Developer of robotic exoskeletons designed to augment strength and reduce injury. Its modular system features adjustable power, lower weight, and ergonomic back support. The exoskeletons utilize a smart power algorithm to provide assistance when needed. The technology is being tested for military and medical applications.
- Website
- www.roamrobotics.com/
- Email ID
- *****@roamrobotics.com
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Series A
Total Funding
$12M in 2 rounds
Latest Funding Round
Investors
Ranked
7th among 42 active competitors
Employee Count
18 as on Mar 31, 2026
Similar Companies
Legal entities associated with ROAM Robotics
ROAM Robotics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ROAM ROBOTICS CIN: 464691840 , United States, Active | Dec 31, 1999 | - | 16 (As on Dec 31, 2024) | - |
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ROAM Robotics's funding and investors
ROAM Robotics has raised a total funding of $12M over 2 rounds. Its first funding round was on Apr 2017. Its latest funding round was a Series A round on Nov 29, 2018 for $*****. 8 investors participated in its latest round. ROAM Robotics has 9 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of ROAM Robotics:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 29, 2018 | 6519001 | Series A | 1213598 | 3025684 | 4768390 | 3502333 |
Apr 2017 | 3819280 | Seed | 8939226 | 4323081 | 8039256 |
View details of ROAM Robotics's funding rounds and investors
ROAM Robotics' founders and board of directors
Founder? Claim ProfileThe founders of ROAM Robotics is Tim Swift.
Here are the details of ROAM Robotics' key team members:
- Tim Swift: Founder & CEO of ROAM Robotics. Contact Info: 1 email address
View details of ROAM Robotics's Founder profiles and Board Members
ROAM Robotics' employee count trend
ROAM Robotics has 18 employees as of Mar 26. Here is ROAM Robotics's employee count trend over the years:
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ROAM Robotics's Competitors and alternates
Top competitors of ROAM Robotics include Wandercraft, Verve Motion and Harmonic Bionics. Here is the list of Top 10 competitors of ROAM Robotics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wandercraft 2012, Paris (France), Series D | Provider of AI-powered exoskeleton solutions | $142M | 60/100 | |
2nd | Verve Motion 2020, Cambridge (United States), Series B | Developer of wearable robotics for industrial workers | $45.6M | 58/100 | |
3rd | Harmonic Bionics 2016, Austin (United States), Acquired | Developer of robotic rehabilitation systems designed for upper extremity therapy | $12.9M | 56/100 | |
4th | SuitX 2012, Berkeley (United States), Acquired | Exoskeleton solutions for industry, enhancing worker safety and productivity | $5.13M | 54/100 | |
5th | WiRobotics 2021, Yongin si (South Korea), Series A | Developer of wearable robots for movements | $12.6M | 52/100 | |
6th | German Bionic System 2016, Augsburg (Germany), Series A | Provider of an exoskeleton system for industrial worker augmentation | $39.8M | 52/100 | |
7th | ROAM Robotics 2012, San Francisco (United States), Series A | Developer of robotic exoskeletons designed to augment strength and reduce injury | $12M | 46/100 | |
8th | Developer of exoskeleton that supports the full range of body motion | - | - | 48/100 | |
9th | HeroWear 2018, United States, Series A | Manufacturer of back-assist exosuit | $14.8M | 48/100 | |
10th | Hypershell 2024, Shanghai (China), Series B | Developer of outdoor exoskeleton suits enhancing mobility and endurance | - | 46/100 |
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ROAM Robotics's Investments and acquisitions
ROAM Robotics has made no investments or acquisitions yet.
Reports related to ROAM Robotics
Here is the latest report on ROAM Robotics's sector:
News related to ROAM Robotics
•
Roam Robotics Launches Partnership with the San FranciscoMedical Device News•Dec 08, 2021•ROAM Robotics, Veterans Affairs, NCIRE
•
•
Roam Robotics Secures $12 Million Investment Led by Yamaha MotorRoboticsTomorrow•Nov 29, 2018•ROAM Robotics
•
Roam Robotics Introduces Lightweight Exoskeleton to Aid SkiersBusiness Wire•Mar 28, 2018•ROAM Robotics
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