About Alert Innovation
Alert Innovation is a company based in Andover (United States) founded in 2016 was acquired by Walmart in October 2022.. The company has 301 employees as of December 31, 2022. Alert Innovation offers products and services including Symbotic System, A.I.-Powered Software, and Intelligent Robotics. Alert Innovation operates in a competitive market with competitors including Fabric, Takeoff, Simbe Robotics, Vendon and Home Delivery Service, among others.
- Headquarter Andover, United States
- Employees 301 as on 31 Dec, 2022
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Sectors
Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Alert Innovation Inc.
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Products & Services of Alert Innovation
Alert Innovation offers a comprehensive portfolio of products and services, including Symbotic System, A.I.-Powered Software, and Intelligent Robotics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
End-to-end system for optimizing supply chain operations with AI
Integrates robots to enhance warehouse efficiency and accuracy
Robots with advanced vision for speed and precise handling tasks
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Funding Insights of Alert Innovation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alert Innovation
Alert Innovation has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Walmart. 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.
| Investor | Description | Founded Year | Domain | Location |
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Multinational retail corporation
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alert Innovation
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Alert Innovation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alert Innovation Comparisons
Competitors of Alert Innovation
Alert Innovation 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 Fabric, Takeoff, Simbe Robotics, Vendon and Home Delivery Service, 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 |
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| domain | founded_year | HQ Location |
AI-based robots are provided for logistics micro-fulfillment operations.
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| domain | founded_year | HQ Location |
Provider of logistics and fulfillment solutions for e-grocers
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| domain | founded_year | HQ Location |
Robotic products for autonomous retail shelf auditing are developed.
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| domain | founded_year | HQ Location |
Vending machine telemetry and management solutions are provided.
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| domain | founded_year | HQ Location |
Fulfilment services for groceries and general items are provided globally.
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| domain | founded_year | HQ Location |
Indoor logistic robots are manufactured for retail automation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Alert Innovation
Frequently Asked Questions about Alert Innovation
When was Alert Innovation founded?
Alert Innovation was founded in 2016.
Where is Alert Innovation located?
Alert Innovation is headquartered in Andover, United States. It is registered at Andover, Massachusetts, United States.
How many employees does Alert Innovation have?
As of Dec 31, 2022, the latest employee count at Alert Innovation is 301.
What does Alert Innovation do?
Alert Innovation was founded in 2016 and is headquartered in Andover, United States. Robots are developed by the company to automate the picking of items from retail shelves, with human assistance applied for delicate products such as fruit. Operations focus on the robotics sector within retail automation, supporting the creation of fully automated grocery delivery systems. Services emphasize efficient shelf-to-consumer item retrieval processes.
Who are the top competitors of Alert Innovation?
Alert Innovation's top competitors include Takeoff, Fabric and Simbe Robotics.
What products or services does Alert Innovation offer?
Alert Innovation offers Symbotic System, A.I.-Powered Software, and Intelligent Robotics.
Who are Alert Innovation's investors?
Alert Innovation has 1 investor. Key investors include Walmart.
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