About Accel Robotics
Accel Robotics is a Retail company based in San Diego (United States) founded in 2015 by Brandon Maseda. It operates as an AI-based automated checkout solutions are developed for offline retailers. It operates in the Retail, Industrial Goods & Manufacturing, and Financial Services sectors. Accel Robotics has raised $34.97 million across 6 funding rounds from investors including New Ground Ventures, TC Consulting and SoftBank Global. The company has 2 employees. Its chief executive is Brandon Maseda. Its focus areas include Autonomous Retail, Physical Stores, Technology Enablers and Autonomous Store Platform. Its competitors include Trax, Grabango, Wooqer, AiFi and Mashgin and 2 more; 6 of its 7 listed competitors have raised funding.
Company details
Accel Robotics was founded in 2015 in San Diego, United States, with a focus on AI-driven automated checkout systems for offline retail environments. The OMNIO product employs computer vision through overhead cameras to monitor item selections and process automatic billing as customers exit. Features such as security measures, loss prevention, analytics, and customer engagement are integrated. Operations extend to retail stores, hospitality venues, and entertainment facilities.
- Headquarters San Diego, United States
- Employees 2
- Founders Brandon Maseda
- SectorsRetailIndustrial Goods & Manufacturing Financial Services Technology
- Email••••••••
- Website accelrobotics.com
- Social LinkedIn X Facebook
- Total Equity Funding$34.97M (USD)
in 6 rounds
- Latest Funding Round$30M (USD), Series A
Oct 2019
- InvestorsNew Ground Ventures
& 4 more
- Employee Count2
Funding Insights of Accel Robotics
Accel Robotics has successfully raised a total of $34.97M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $34.97M
- Total Rounds 6
- Last Round Series A — $30M
- Investors Count 5
All 6 funding rounds of Accel Robotics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2019 | $30M | Series A | – | SoftBank Group | |
| Jun 2019 | $550,000 | Seed | – | – | – |
| Jul 2018 | $3.52M | Seed | – | – | – |
| Feb 2018 | $900,000 | Seed | – | – | – |
| Jun 2017 | – | Seed | – | EvoNexus | – |
| Mar 2017 | – | Seed | – | RevTech Ventures | – |
5 investors in total: 5 institutional.
Investors in Accel Robotics
Accel Robotics has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include New Ground Ventures, TC Consulting and SoftBank Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage venture capital is invested in US-based companies. | – | newground.vc | Palo Alto, United States | |
Management consulting and CVC fund management services are offered by TC Consulting. | – | cvcjapan.com | Tokyo, Japan | |
VC & PE firm | – | global.softbank | San Carlos, United States | |
Venture capital firm investing in early-stage retail technology with a focus on innovation and diversity. | – | revtechventures.com | - | |
12-18 month incubation programs are provided for startups in California. | – | evonexus.org | San Diego, United States |
Investor details for Accel Robotics
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People of Accel Robotics
1 people are tracked at Accel Robotics (1 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Brandon Maseda | Co-Founder & CEO | Leadership |
Complete people profiles for Accel Robotics
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Timeline of Accel Robotics
3 dated milestones of Accel Robotics across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Accel Robotics is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $30.0M.
Competitors of Accel Robotics
Accel Robotics has 7 listed competitors in our database, 6 of them funded. They include Trax, Grabango, Wooqer, AiFi and Mashgin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| traxretail.com | 2010 | Singapore | $1.03B | – | Cloud-based analytics solutions for retail shelf management are delivered. | |
| grabango.com | 2016 | Sacramento, United States | $79.32M | 104 | App-based automated checkout solutions are provided for offline retailers. | |
| wooqer.com | 2014 | San Jose, United States | – | 96 | Digital platform streamlining operational workflows, audits, and team coordination | |
| aifi.com | 2016 | Santa Clara, United States | $90.7M | 19 | AI-based autonomous store solutions are provided for retailers and brands. | |
| mashgin.com | 2013 | Palo Alto, United States | $75M | 80 | Computer-vision self-checkout solutions are provided for offline retailers. | |
| 1kosmos.com | 2016 | Somerset, United States | $62M | 26 | Blockchain-based passwordless authentication is delivered for customers. | |
| berbix.com | 2018 | Sacramento, United States | $14.22M | 29 | Digital IDs are authenticated securely by Berbix. |
Detailed competitors of Accel Robotics
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Top companies in Autonomous & In-Store Retail Tech
10 companies that operate in the same segment as Accel Robotics (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 576 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | – | 2,684 | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Point-of-sale financing is enabled for installment purchases at partnered retailers. | 2016 | Minneapolis, Minnesota, United States | USD 17.51 M | USD 450.28 M | 408 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | – | – | |
Unified platform for retail and supply chain planning is offered. | 2005 | Helsinki, Uusimaa, Finland | USD 816.41 M | USD 247.75 M | 2,302 |
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Frequently Asked Questions about Accel Robotics
Accel Robotics was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Accel Robotics is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Brandon Maseda is the current CEO of Accel Robotics. They have also founded this company.
Accel Robotics is a funded company, having raised a total of $34.97M across 6 funding rounds to date.
Accel Robotics has 2 employees.
Accel Robotics was founded in 2015 in San Diego, United States, with a focus on AI-driven automated checkout systems for offline retail environments. The OMNIO product employs computer vision through overhead cameras to monitor item selections and process automatic billing as customers exit. Features such as security measures, loss prevention, analytics, and customer engagement are integrated. Operations extend to retail stores, hospitality venues, and entertainment facilities.
Accel Robotics has 5 investors. Key investors include New Ground Ventures, TC Consulting, SoftBank Global, RevTech Ventures, and EvoNexus.