About Avidbots
Avidbots is a Business Services company based in Kitchener (Canada) founded in 2014 by Faizan Sheikh and Pablo Molina. Cloud-enabled autonomous cleaning robots are provided for commercial spaces. It operates in the Business Services and Industrial Goods & Manufacturing sectors. Avidbots has raised $96.64 million across 6 funding rounds from investors including BDC, Kensington Capital Partners and Jeneration. The company has 34 employees. Its chief executive, as recorded, is JJ Ethridge. Its website avidbots.com draws about 16 thousand monthly visits. Its Indian entity Avidbots India Private Limited reported revenue of ₹1.43 Cr. Avidbots offers products and services including Neo, Neo 2W, and Kas. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Office Management and Maintenance Robots.
Company details
Avidbots was founded in 2014 in Kitchener, Canada, within the robotics sector focused on commercial cleaning solutions. Autonomous floor-scrubbing robots, such as the Neo model, are offered with touch-screen interfaces, cameras, sensors, dynamic mapping, and obstacle-avoidance capabilities for navigation in facilities including airports, retail spaces, educational institutions, warehouses, and healthcare centers. A cloud-based application is utilized for real-time fleet monitoring and retrieval of cleaning reports, productivity metrics, and coverage maps.
- Headquarters Kitchener, Canada
- Employees 34
- Founders Faizan Sheikh, Pablo Molina
- SectorsBusiness ServicesIndustrial Goods & Manufacturing
- Website avidbots.com
- Social LinkedIn X Facebook
- Legal Name Avidbots India Private Limited
- Date of Incorporation 22 Mar, 2022
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹1.43 Cr
FY 2023
- Indian entity net profit₹12.8 Lakh
FY 2023 · 9% margin
- Indian entity EBITDA₹26.3 Lakh
FY 2023 · 18% margin
- Total Equity Funding$96.64M (USD)
in 6 rounds
- Latest Funding Round$70M (USD), Series C
Sep 2022
- InvestorsBDC
& 13 more
- Employee Count34
Associated legal entities of Avidbots
Avidbots operates through Avidbots India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avidbots India Private Limited CIN U72900TG2022FTC160779 | Active | 22 Mar 2022 | Hyderabad, Telangana | ₹1.4 Cr | 34 | 2 | View details |
Products & Services of Avidbots
Avidbots offers a comprehensive portfolio of products and services, including Neo, Neo 2W, and Kas.
Robot for efficient warehouse floor cleaning with AI navigation.
Advanced robot for retail and manufacturing floor maintenance.
Compact robot designed for tight spaces in various facilities.
Funding Insights of Avidbots
Avidbots has successfully raised a total of $96.64M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $70 million completed in September 2022. 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 $96.64M
- Total Rounds 6
- Last Round Series C — $70M
- Investors Count 14
All 6 funding rounds of Avidbots 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 |
|---|---|---|---|---|---|
| Sep 2022 | $70M | Series C | – | Jeneration | |
| Mar 2019 | $23.64M | Series B | – | True Ventures | |
| May 2018 | $3M | Series A | – | – | – |
| Jan 2017 | Seed | – | 500 Startups Canada, True Ventures | – | |
| Jun 2015 | Seed | – | Golden Ventures | – | |
| May 2014 | Seed | – | HAX | – |
14 investors in total: 14 institutional.
Investors in Avidbots
Avidbots has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include BDC, Kensington Capital Partners and Jeneration.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity firm | jeneration.com | Palo Alto, United States | ||
Venture capital firm supporting AI founders through investments and community. | trueventures.com | |||
Venture investments in systems, infrastructure, and applications for enterprise founders. | next47.com | |||
Venture capital and accelerator services are provided across multiple sectors. | sosv.com | Cork, Ireland | ||
Venture capital is invested in cybersecurity, fintech, and AI startups. | ggvc.com | Menlo Park, United States | ||
Seed-stage investments are directed toward North American startups. | golden.ventures | Toronto, Canada | ||
Multiple sectors are invested in by the private equity firm. | 1996 | kcpl.ca | Toronto, Canada | |
| gvcamericas.com | ||||
Early-stage venture capital is provided to Canadian technology startups by Real Ventures. | realventures.com | Montreal, Canada | ||
Seed-stage tech-focused VC firm investing primarily in Canada | 500canada.ca | Toronto, Canada |
Investor details for Avidbots
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Avidbots India Private Limited (Avidbots)
Avidbots India Private Limited is the primary company behind Avidbots. The board of Avidbots India Private Limited currently have 2 directors; the longest-serving is Pablo Roberto Molina Cabrera, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pablo Roberto Molina Cabrera DIN 09543506 | Director | 22 Mar 2022 | 4 yrs 7 mo | Avidbots India Private Limited |
| Sohini Vedagopuram DIN 11004055 | Director | 20 May 2025 | 1 yr 5 mo | Avidbots India Private Limited |
People of Avidbots
33 people are tracked at Avidbots (7 in leadership, 5 in board & advisors, 21 in team); the tracked headcount is 34.
| Name | Role | Group |
|---|---|---|
Faizan Sheikh | Co-Founder | Leadership |
| Co-Founder & CTO | Leadership | |
JJ Ethridge | CEO | Leadership |
Varvara Alva | CFO | Leadership |
Eunice Poon | Senior Director, Software Engineering | Leadership |
Connor Ball | Director, People And Culture | Leadership |
Gino Berardi | Head Of Sales | Leadership |
TJ Rylander | Board Member | Board & advisors |
Jenny Lee | Board Member | Board & advisors |
Liam Cheung | Board Member | Board & advisors |
Rohit Sharma | Board Member | Board & advisors |
Tony Zhang | Board Member | Board & advisors |
Matthew Moore | Senior Software Developer - Robot Systems | Team |
Kenneth Lee | Principal Software Developer | Team |
Cameron Fraser | Staff Software Developer | Team |
Lauren Parsons | Senior Manager, People And Culture Operations | Team |
Gary Bonfield | Sales Manager Western Region | Team |
Laszlo Kovacs | Production And Facilities Manager | Team |
Duncan McLennan | Senior Product Manager | Team |
Oriana Wong | Senior Product Manager, Customer Applications | Team |
13 more people are available in the full profile.
Complete people profiles for Avidbots
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Avidbots
Figures of Avidbots India Private Limited, the primary company behind Avidbots, for FY 2023. Revenue was ₹1.43 Cr. Net profit was ₹12.8 Lakh (9% margin). EBITDA was ₹26.3 Lakh (18% margin).
- ₹1.43 CrRevenue · FY 2023
- ₹12.8 LakhNet profit · 9% margin
- ₹26.3 LakhEBITDA · 18% margin
- ₹3.7 LakhPaid-up capital
- 34Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Avidbots India Private Limited are on its company page.
Detailed financial statements for Avidbots
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Avidbots
3 dated milestones of Avidbots across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Avidbots is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $70.0M.
Web traffic of Avidbots
The website of Avidbots (avidbots.com) receives about 16.5K visits a month.
- Monthly visits16.5K
▲ 14.9% vs previous month
Websites whose visitors overlap most with Avidbots. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| maticrobots.com | 100% | 73.3K | #534,872 | View details | |
| irobot.com | 80% | 903.1K | #47,246 | View details | |
| google.com | 69% | 85.8B | #1 | View details | |
| linkedin.com | 65% | 1.9B | #18 | View details | |
google.ca | google.ca | 61% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Avidbots
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Avidbots
Complete news archive for Avidbots
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Frequently Asked Questions about Avidbots
Avidbots was founded in 2014.
Avidbots is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
JJ Ethridge is the CEO of Avidbots, as recorded in our data.
Avidbots is a funded company, having raised a total of $96.64M across 6 funding rounds to date.
Avidbots has 34 employees.
The primary company behind Avidbots, Avidbots India Private Limited, reported revenue of ₹1.43 Cr for FY 2023.
Avidbots was founded in 2014 in Kitchener, Canada, within the robotics sector focused on commercial cleaning solutions. Autonomous floor-scrubbing robots, such as the Neo model, are offered with touch-screen interfaces, cameras, sensors, dynamic mapping, and obstacle-avoidance capabilities for navigation in facilities including airports, retail spaces, educational institutions, warehouses, and healthcare centers. A cloud-based application is utilized for real-time fleet monitoring and retrieval of cleaning reports, productivity metrics, and coverage maps.
Avidbots offers Neo, Neo 2W, and Kas.
Avidbots has 14 investors. Key investors include BDC, Kensington Capital Partners, Jeneration, True Ventures, and Next47.
Avidbots operates through Avidbots India Private Limited.
The legal entities of Avidbots currently have 2 directors, including Pablo Roberto Molina Cabrera, Sohini Vedagopuram.