Rethink Robotics logo — Empowering agile manufacturing with a blend of innovative ro...

Rethink Robotics

Empowering agile manufacturing with a blend of innovative robots and skilled labor for optimal productivity and competitive edge.

Founded 2008 Series E Total: $149.52M Automation, Manufacturing +1

General Information

Company Name Rethink Robotics
Founded Year 2008
Industries Automation, Manufacturing, Robotics
Funding Stage Series E
Social

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About Rethink Robotics

Rethink Robotics, with its slogan of "Empowering agile manufacturing with a blend of innovative robots and skilled labor for optimal productivity and competitive edge," focuses on integrating trainable, safe, and cost-effective robots with skilled labor to support manufacturers in adapting to the demands of an agile economy. The company's flagship product, Baxter robot, powered by the advanced Intera software platform, offers a significant advantage to leading manufacturers and distributors in sectors such as automotive, plastics, consumer goods, and electronics by optimizing their labor force. The company, founded in 2008 and headquartered in Boston, Massachusetts, has received significant support from investors including Bezos Expeditions, Charles River Ventures, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson, and Two Sigma Ventures. Their latest investment of $18.00M in a Series E round was secured on 24 August 2017, with Brain Robotics Capital and Employee Stock Option Fund participating as investors. Rethink Robotics is dedicated to advancing robotics innovation in manufacturing and other fields. Its Baxter Research Robot offers a humanoid robot platform equipped with integrated sensors and an open software development kit for creating custom applications, targeting both academic and corporate research environments. By leveraging Rethink Robotics, manufacturers can enhance flexibility, reduce costs, and invest in skilled labor to drive continuous innovation and maintain a sustainable competitive edge within the rapidly evolving manufacturing landscape.

Business keywords: agile manufacturing, robotics innovation, skilled labor, workforce optimization, advanced software platform, manufacturing robotics, integrated sensors, robotic technology, manufacturing automation, investors, startup, Boston-based company

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Series E $18.00M 2
Brain Robotics Capital, Employee Stock Option Fund
24 Aug 2017
Series E $18.02M 9
Two Sigma Ventures, CRV +7
05 Jan 2017
Series D $13.40M 3
GE Ventures, Goldman Sachs +1
16 Apr 2015
Series D $26.60M 8
Two Sigma Ventures, CRV +6
05 Jan 2015
Series C $11.50M 6
Two Sigma Ventures, CRV +4
01 Nov 2013
Series C $30.00M 4
CRV, Bezos Expeditions +2
19 Jun 2012
Series B $20.00M 4
CRV, Bezos Expeditions +2
30 Nov 2010
Series A $7.00M 2
CRV, Bezos Expeditions
11 Aug 2009
Series A $5.00M 1
Bezos Expeditions
21 Aug 2008

Rethink Robotics Alternatives & Competitors

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Rethink Robotics vs
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FAQ About Rethink Robotics

Empowering agile manufacturing with a blend of innovative robots and skilled labor for optimal productivity and competitive edge.
Rethink Robotics was founded in 2008.
Rethink Robotics operates in Automation, Manufacturing and Robotics. Its work centres on agile manufacturing, robotics innovation, skilled labor and workforce optimization.
Rethink Robotics has completed 9 funding rounds, raising a total of $149.52M. The latest funding stage is Series E.
Top alternatives and competitors to Rethink Robotics include Figure, Robocore Technology, SERVO-ROBOT INC., Lucid Bots, ADAXIS. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Rethink Robotics and Figure are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Rethink Robotics, https://bouncewatch.com/company/rethink-robotics, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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