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Symbotic - About the company

Symbotic is a public company based in Wilmington (United States), founded in 2007 by Richard B Cohen. It operates as a Developer of warehouse automation solutions based on AI and Robotics technology. The company has 796 active competitors, including 160 funded and 76 that have exited. Its top competitors include companies like GreyOrange, Addverb and Geekplus.

Company Details

Developer of warehouse automation solutions based on AI and Robotics technology. It develops warehouse automation solution with the use of robotic material handling system and AI. The proprietary AGVs move around the warehouse and can carry a particular rack to the picking station. It offers various components such as pick put racks and robots are all modular and can be scaled up.
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Phone Number
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Registered Address
Wilmington, Massachusetts
Key Metrics
Founded Year
2007
Location
Wilmington, United States
Stage
Public
Ranked
Annual Revenue
$1B+ as on Sep 30, 2024
Employee Count
2,000 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Symbotic's IPO details

Symbotic got listed on Oct 04, 2021.
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Symbotic's funding and investors

Symbotic is a funded company.

Symbotic's founders and board of directors

Founder? Claim Profile
The founders of Symbotic is Richard B Cohen. Richard B Cohen is the CEO of Symbotic.
Here are the details of Symbotic's key team members:

Symbotic's employee count trend

Symbotic has 2,000 employees as of Apr 26. Here is Symbotic's employee count trend over the years:
Employee count trend for Symbotic
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Symbotic's Competitors and alternates

Top competitors of Symbotic include GreyOrange, Addverb and Geekplus. Here is the list of Top 10 competitors of Symbotic, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GreyOrange
GreyOrange
2012, Suwanee (United States), Series D
Provider of warehouse and in-store automation solutions using artificial intelligence
$545M
74/100
2nd
Logo for Addverb
Addverb
2016, Noida (India), Acquired
Provider of automated warehouse solutions using robotics and software
$66.9M
72/100
3rd
Logo for Geekplus
Geekplus
2015, Beijing (China), Public
Provider of robotics solutions for warehouse and logistics automation needs
$532M
71/100
4th
Logo for Kindred
Kindred
2014, San Francisco (United States), Acquired
Developer of AI-powered robotics for picking placing sorting automation
$28M
71/100
5th
Logo for Third Wave Automation
Third Wave Automation
2018, Union City (United States), Series C
Developer of autonomous forklift solutions for warehouse material handling operations
$97M
71/100
6th
Logo for Agility Robotics
Agility Robotics
2015, Salem (United States), Series C
Developer of robots and a cloud-based automation platform for logistics operations
$180M
69/100
7th
Logo for Symbotic
Symbotic
2007, Wilmington (United States), Public
Developer of warehouse automation solutions based on AI and Robotics technology
-
-
68/100
8th
Logo for Pickle Robot
Pickle Robot
2018, Cambridge (United States), Series B
Developer of AI-powered robotic systems for warehouse and supply chain automation
$87M
67/100
9th
Logo for Unbox Robotics
Unbox Robotics
2019, Pimpri Chinchwad (India), Series B
Provider of software-defined robotics system for warehouse operations
$28.2M
67/100
10th
Logo for Botsync
Botsync
2017, Singapore (Singapore), Series A
Online platform providing robotic system integration solutions for various manufacturers
$5.2M
66/100
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Symbotic's Investments and acquisitions

Symbotic has made 1 investments in companies including Nyobolt. Symbotic has also acquired 4 companies including ARMS and Fox Robotics.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 02, 2026
Acquisition
2016
Ludgershall (United Kingdom)
May 06, 2026
Investments
2019
Cambridge (United Kingdom)
Mar 10, 2026
Acquisition
2018
Austin (United States)
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Reports related to Symbotic

Here is the latest report on Symbotic's sector:

News related to Symbotic

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Media has covered Symbotic for a total of 47 events in the last 1 year, 24 of them have been about company updates and 3 about partnerships.
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