Accel Robotics

San Diego, United States Founded: 2015 • Age: 11 yrs
AI-based automated checkout solutions are developed for offline retailers.
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About Accel Robotics

Accel Robotics is a company based in San Diego (United States) founded in 2015 by Brandon Maseda.. 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 as of December 31, 2022. Accel Robotics operates in a competitive market with competitors including Trax, Grabango, Wooqer, AiFi and Mashgin, among others.

  • Headquarter San Diego, United States
  • Employees 2 as on 31 Dec, 2022
  • Founders Brandon Maseda
  • Sectors
    Retail
    Industrial Goods & Manufacturing Financial Services Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Retail Technology & Automation
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Retail → E-Commerce Platforms & Marketplaces
Financial Services → FinTech & Digital Finance
Retail → E-Commerce Platforms & Marketplaces
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $34.97 M (USD)

    in 6 rounds

  • Latest Funding Round
    $30 M (USD), Series A

    Oct 02, 2019

  • Investors
  • Employee Count
    2

    as on Dec 31, 2022

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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
  • Total Rounds 6
  • Last Round Series A — $30.0M
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Series A - Accel Robotics Valuation SoftBank Group
Jun, 2019 Amount Seed - Accel Robotics Valuation

investors

Jul, 2018 Amount Seed - Accel Robotics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Seed-stage venture capital is invested in US-based companies.
Founded Year Domain Location
Management consulting and CVC fund management services are offered by TC Consulting.
Founded Year Domain Location
VC & PE firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Accel Robotics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Accel Robotics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Accel Robotics Comparisons

Employees
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Competitors of Accel Robotics

Accel Robotics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trax, Grabango, Wooqer, AiFi and Mashgin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based analytics solutions for retail shelf management are delivered.
domain founded_year HQ Location
App-based automated checkout solutions are provided for offline retailers.
domain founded_year HQ Location
Digital platform streamlining operational workflows, audits, and team coordination
domain founded_year HQ Location
AI-based autonomous store solutions are provided for retailers and brands.
domain founded_year HQ Location
Computer-vision self-checkout solutions are provided for offline retailers.
domain founded_year HQ Location
Blockchain-based passwordless authentication is delivered for customers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Accel Robotics

Frequently Asked Questions about Accel Robotics

When was Accel Robotics founded?

Accel Robotics was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Accel Robotics located?

Accel Robotics is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Who is the current CEO of Accel Robotics?

Brandon Maseda is the current CEO of Accel Robotics. They have also founded this company.

Is Accel Robotics a funded company?

Accel Robotics is a funded company, having raised a total of $34.97M across 6 funding rounds to date. The company's 1st funding round was a Seed of $3.52M, raised on Mar 14, 2017.

How many employees does Accel Robotics have?

As of Dec 31, 2022, the latest employee count at Accel Robotics is 2.

What does Accel Robotics do?

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.

Who are the top competitors of Accel Robotics?

Accel Robotics's top competitors include Trax, Wooqer and 1Kosmos.

Who are Accel Robotics's investors?

Accel Robotics has 5 investors. Key investors include New Ground Ventures, TC Consulting, SoftBank Global, RevTech Ventures, and EvoNexus.

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