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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.
Social
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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
Ranked
Employee Count
18 as on Mar 31, 2026
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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
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ROAM Robotics' founders and board of directors

Founder? Claim Profile
The founders of ROAM Robotics is Tim Swift.
Here are the details of ROAM Robotics' key team 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:
Employee count trend for ROAM Robotics
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wandercraft
Wandercraft
2012, Paris (France), Series D
Provider of AI-powered exoskeleton solutions
$142M
60/100
2nd
Logo for Verve Motion
Verve Motion
2020, Cambridge (United States), Series B
Developer of wearable robotics for industrial workers
$45.6M
58/100
3rd
Logo for Harmonic Bionics
Harmonic Bionics
2016, Austin (United States), Acquired
Developer of robotic rehabilitation systems designed for upper extremity therapy
$12.9M
56/100
4th
Logo for SuitX
SuitX
2012, Berkeley (United States), Acquired
Exoskeleton solutions for industry, enhancing worker safety and productivity
$5.13M
54/100
5th
Logo for WiRobotics
WiRobotics
2021, Yongin si (South Korea), Series A
Developer of wearable robots for movements
$12.6M
52/100
6th
Logo for German Bionic System
German Bionic System
2016, Augsburg (Germany), Series A
Provider of an exoskeleton system for industrial worker augmentation
$39.8M
52/100
7th
Logo for ROAM Robotics
ROAM Robotics
2012, San Francisco (United States), Series A
Developer of robotic exoskeletons designed to augment strength and reduce injury
$12M
46/100
8th
Logo for HMR
HMR
2016, Vancouver (Canada), Unfunded
Developer of exoskeleton that supports the full range of body motion
-
-
48/100
9th
Logo for HeroWear
HeroWear
2018, United States, Series A
Manufacturer of back-assist exosuit
$14.8M
48/100
10th
Logo for Hypershell
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

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News related to ROAM Robotics

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