When was Ultra founded?

Ultra was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Ultra located?

Ultra is headquartered in Brooklyn, United States.

How many employees does Ultra have?

As of Apr 30, 2026, the latest employee count at Ultra is 21.

Is Ultra a funded company?

Ultra is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2024.

When was the latest funding round of Ultra?

Ultra's latest funding was a $***** Seed round on 2024, with participation from 1 investor.

Where does Ultra rank among its competitors?

Ultra ranks 31st amongst 101 active competitors, of which 6 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Nous Robot, which secured $14.5M in Mar, 2026.

Who are the top competitors of Ultra?

Ultra's top competitors include Dexterity, Fox Robotics and ATS Automation Tooling System. Among them, Nous Robot secured the most recent funding round in March, 2026.

Ultra - 2026 Company Profile, Team, Funding & Competitors

Ultra is a seed company based in Brooklyn (United States), founded in 2024 by Chetan Parthiban. It operates as an AI-powered robots that automate warehouses. Ultra has raised $500K in funding. The company has 101 active competitors, including 6 funded and 10 that have exited. Its top competitors include companies like Dexterity, Fox Robotics and ATS Automation Tooling System.

Company Details

AI-powered robots that automate warehouses. It provides and automate e-commerce order packaging and returns in fulfillment centers.

Website: www.ultra.tech/
Social
Email ID: *****@ultra.tech

Key Metrics

Founded Year

2024

Location

Brooklyn, United States

Stage

Seed

Total Funding

$500K in 1 round

Latest Funding Round

Seed, 2024, $*****

Investors

Y Combinator

Ranked

31^st among 101 active competitors

Employee Count

21 as on Apr 30, 2026

Similar Companies

Dexterity & 47 more

View Ultra's full profile

Ultra has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2024 for $*****. 1 investor participated in its latest round. Ultra has 1 institutional investor.

Here is the list of recent funding rounds of Ultra:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2024	3591	Seed	1776	4370	7913	6188

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View details of Ultra's funding rounds and investors

The founders of Ultra is Chetan Parthiban. Jon Miller Schwartz is the CEO of Ultra.

Here are the details of Ultra's key team members:

Chetan Parthiban: Co-Founder of Ultra.

View details of Ultra's Founder profiles and Board Members

Ultra's employee count trend

Ultra has 21 employees as of Apr 26. Here is Ultra's employee count trend over the years:

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Top competitors of Ultra include Dexterity, Fox Robotics and ATS Automation Tooling System. Here is the list of Top 10 competitors of Ultra, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Dexterity 2017, Redwood City (United States), Series B	AI that powers robots to do physical tasks	$291M	Lightspeed Venture Partners, Kleiner Perkins ... & 13 others	64/100
2nd	Fox Robotics 2018, Austin (United States), Acquired	Developer of autonomous forklifts for warehouse trailer loading and unloading	$38M	Menlo Ventures, BMW i Ventures & 12 others	63/100
3rd	ATS Automation Tooling System 1978, Cambridge (Canada), Public	Provider of automated manufacturing systems, automation products, and test solutions	-	TechAlliance	57/100
4th	coboworx 2019, Monzelfeld (Germany), Series A	Provider of robotic solutions for palletizing and machine loading/unloading	$17.7M	SquareOne, Picus Capital & 18 others	40/100
5th	PalletizUR 2018, Exton (United States), Unfunded	Provider of collaborative palletizing system for industrial purposes	-	-	36/100
6th	Lyro Robotics 2019, Mansfield (Australia), Seed	Developer of AI-powered robotic solutions for object handling and packing	$1.5M	T C Consulting Ltd, AgFunder & 3 others	35/100
7th	Arrowhead Systems 1963, Oshkosh (United States), Acquired	Packaging, material handling and palletizers for industrial purpose	-	-	34/100
8th	K2 Kinetics 2011, York (United States), Acqui-Hired	Industrial and product packaging solutions for the CPG industry	$500K	-	33/100
9th	TREW 2019, Mason (United States), Series A	Manufacturer and integrator of automated material handling systems and software	$650K	American Industrial Partners, Redwoodtechnologyventures ... Read more	33/100
10th	Nous Robot 2023, Shenzhen (China), Series A	Provider of precision motion control solutions for industrial automation	$14.5M	Shanghai Pudong Science Technology Investment, Lenovo Capital and Incubator Group ... & 1 others	32/100
31st	Ultra 2024, Brooklyn (United States), Seed	AI-powered robots that automate warehouses	$500K	Y Combinator	30/100