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.
- Website
- symbotic.com
- Phone Number
- +1 **********
- Registered Address
- Wilmington, Massachusetts
Key Metrics
Founded Year
2007
Location
Wilmington, United States
Stage
Public
Ranked
7th among 796 active competitors
Annual Revenue
$1B+ as on Sep 30, 2024
Employee Count
2,000 as on Apr 30, 2026
Similar Companies
Exit Details
Public
Legal entities associated with Symbotic
Symbotic is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SYMBOTIC INC. CIN: 1837240 , United States, Active | Jun 06, 2022 | $1B+ (As on Sep 30, 2024) | - | - |
Symbotic Llc CIN: 208782926 , United States, Active | Dec 26, 999 | - | 1681 (As on Dec 31, 2024) | - |
Symbotic's IPO details
Symbotic got listed on Oct 04, 2021.
Click here to take a look at Symbotic's IPO in detail
Sign up to download Symbotic's company profile
Symbotic's funding and investors
Symbotic is a funded company.
Symbotic's founders and board of directors
Founder? Claim ProfileThe 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:
- Richard B Cohen: Founder & CEO of Symbotic. Contact Info: 1 email address
View details of Symbotic's Founder profiles and Board 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:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GreyOrange 2012, Suwanee (United States), Series D | Provider of warehouse and in-store automation solutions using artificial intelligence | $545M | 74/100 | |
2nd | Provider of automated warehouse solutions using robotics and software | $66.9M | 72/100 | ||
3rd | Provider of robotics solutions for warehouse and logistics automation needs | $532M | 71/100 | ||
4th | Kindred 2014, San Francisco (United States), Acquired | Developer of AI-powered robotics for picking placing sorting automation | $28M | 71/100 | |
5th | Third Wave Automation 2018, Union City (United States), Series C | Developer of autonomous forklift solutions for warehouse material handling operations | $97M | 71/100 | |
6th | Agility Robotics 2015, Salem (United States), Series C | Developer of robots and a cloud-based automation platform for logistics operations | $180M | 69/100 | |
7th | Symbotic 2007, Wilmington (United States), Public | Developer of warehouse automation solutions based on AI and Robotics technology | - | - | 68/100 |
8th | Pickle Robot 2018, Cambridge (United States), Series B | Developer of AI-powered robotic systems for warehouse and supply chain automation | $87M | 67/100 | |
9th | Unbox Robotics 2019, Pimpri Chinchwad (India), Series B | Provider of software-defined robotics system for warehouse operations | $28.2M | 67/100 | |
10th | Online platform providing robotic system integration solutions for various manufacturers | $5.2M | 66/100 |
Looking for more details on Symbotic's competitors? Click here to see the top ones
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:
Filter 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) |
See all acquisitions by Symbotic
Reports related to Symbotic
Here is the latest report on Symbotic's sector:
News related to Symbotic
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.
•
Symbotic Acquires ARMS Innovations to Advance Warehouse Operations OptimizationSurge Battery Metals Inc•Aug 01, 2026•Symbotic
•
Symbotic Acquires ARMS Innovations, Advancing Warehouse Operations OptimizationGlobeNewswire•Jul 02, 2026•Symbotic, ARMS
•
Nyobolt raises $60 million to power rise of autonomous machinesEvertiq•Jun 17, 2026•Symbotic, Latitude, Nyobolt, CBMM and 1 other
•
•
Do Symbotic’s (SYM) Insider Sale Plans Undercut Confidence In Its Growing Backlog Story?Simply Wall St•May 26, 2026•Symbotic
•
Nyobolt Secures $60M Series C Funding at $1B Valuation Led by SymboticTech Funding News•May 06, 2026•Symbotic, Nyobolt, , Latitude.com and 4 others
•
Wealthfront Advisers LLC Acquires Shares of Symbotic Inc.MarketBeat•May 03, 2026•Symbotic, Wealthfront
•
•
Medline announces first-in-healthcare AI robotics partnership with SymboticPR Newswire•Apr 16, 2026•Medline, Symbotic
•
Symbotic Named to Fast Company’s List of the World’s Most Innovative Companies of 2026GlobeNewswire•Mar 24, 2026•Symbotic
Are you a Founder ?
FAQs about Symbotic
Explore our recently published companies
- Phoenix - Kolkata based, Unfunded company
- Miscellaneous Staffing - Kansas City based, 2020 founded, Unfunded company
- Malaysia Milk - Petaling Jaya based, Unfunded company
- Shaanxi Dideu Medichem - Austin based, Unfunded company
- Yrgo - Sweden based, Unfunded company
- Capvest Advisors - Switzerland based, Unfunded company