About Berkshire Grey
Berkshire Grey is a Retail company based in Boston (United States) founded in 2013, and was acquired by SoftBank Group in March 2023. Automated material handling robot solutions are provided. It operates in the Retail, Technology, and Transportation, Automotive & Logistics sectors. Berkshire Grey has raised $263 million across 2 funding rounds from investors including SoftBank Group, Khosla Ventures and Canaan. Its chief executive, as recorded, is Tom Wagner. Its website berkshiregrey.com draws about 20 thousand monthly visits. Berkshire Grey offers products and services including Robotic Put Wall, Robotic Pick, and Robotic Package Sortation. Its focus areas include High Tech, Computer Vision, Industry Specific Applications and Manufacturing. Its competitors include Third Wave Automation, RightHand Robotics and Kindred; 3 of its 3 listed competitors have raised funding.
Company details
Berkshire Grey was founded in 2013 in Boston, United States. Automated material handling solutions are offered by the company, encompassing pick robots, pack robots, and store replenishment robots. Computer vision and artificial intelligence are integrated into these products. Operations focus on the retail, e-commerce, and logistics sectors, with services supporting automation needs in these industries.
- Headquarters Boston, United States
- Stage Acquired
- SectorsRetailTechnology Transportation, Automotive & Logistics Industrial Goods & Manufacturing
- Website berkshiregrey.com
- Social LinkedIn X Facebook YouTube
- Acquired by SoftBank Group (Mar 2023)
- Total Equity Funding$263M (USD)
in 2 rounds
- Latest Funding Round$263M (USD), Series B
Jan 2020
- InvestorsSoftBank Group
& 4 more
- Acquired by
Products & Services of Berkshire Grey
Berkshire Grey offers a comprehensive portfolio of products and services, including Robotic Put Wall, Robotic Pick, and Robotic Package Sortation.
Automates eCommerce order consolidation and returns processing
Picks and places items into conveyors or boxes efficiently
Handles and sorts large volumes of packages autonomously
Apps and channels of Berkshire Grey
its YouTube channel Berkshire Grey has 853 subscribers and 23 videos.
Videos from Berkshire Grey
The most watched videos on Berkshire Grey's YouTube channel, Berkshire Grey (853 subscribers). Click a video to play it here.
More on Berkshire Grey.
Funding Insights of Berkshire Grey
Berkshire Grey has successfully raised a total of $263M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $263 million completed in January 2020. 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 $263M
- Total Rounds 2
- Last Round Series B — $263M
- Investors Count 4
All 2 funding rounds of Berkshire Grey 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 |
|---|---|---|---|---|---|
| Jan 2020 | $263M | Series B | – | SoftBank Group | |
| Jun 2013 | Seed | – | – |
5 investors in total: 5 institutional.
Investors in Berkshire Grey
Berkshire Grey has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include SoftBank Group, Khosla Ventures and Canaan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Canaan is recognized as an early-stage venture capital firm. | 1987 | canaan.com | San Francisco, United States | |
Early-stage startups are funded by this venture capital firm. | 2004 | khoslaventures.com | Menlo Park, United States | |
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Investments are directed toward multiple sectors via fund of funds. | 1981 | group.softbank | Minato City, Japan | |
Acquisitions in healthcare, energy, and government sectors are targeted. | 2020 | revolutionaac.com |
Investor details for Berkshire Grey
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
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People of Berkshire Grey
118 people are tracked at Berkshire Grey (15 in leadership, 2 in board & advisors, 101 in team).
| Name | Role | Group |
|---|---|---|
Tom Wagner | CEO | Leadership |
Lucas Irving | Strategic Account Director | Leadership |
Thomas Casparis | Head Of Recruiting | Leadership |
Cathy Lopez | Director Of Human Resources | Leadership |
Joseph Romano | VP Of Engineering | Leadership |
John Cogswell | Director Of Engineering | Leadership |
Yanchun Wu | Director - Engineering | Leadership |
Terry Griffin | Director Of Software Engineering | Leadership |
Nicolas Dewit | Director Strategic Account Sales | Leadership |
Jessica Scolnic | Director Of Hardware Engineering | Leadership |
Calvin Toothaker | Director Of Engineering | Leadership |
Chuck Andromalos | Director Of System Engineering | Leadership |
Kyle Maroney | VP Of Software Engineering | Leadership |
Alex Lawrence | Director Of Partner Success | Leadership |
Jeff Kopko | Head Of System Quality | Leadership |
Vinod Khosla | Director | Board & advisors |
Serena Wolfe | Director | Board & advisors |
Ron Mancuso | Deployment Manager | Team |
Michael Xiao | Mechatronics Engineer | Team |
Can N. | Senior SQA Engineer | Team |
98 more people are available in the full profile.
Complete people profiles for Berkshire Grey
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of Berkshire Grey
5 dated milestones of Berkshire Grey across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Berkshire Grey is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $263.0M.
- Exit Acquired by Revolution Acceleration Acquisition Corp.
- Exit Acquired by SoftBank Group.
Competitors of Berkshire Grey
Berkshire Grey has 3 listed competitors in our database, 3 of them funded. They include Third Wave Automation, RightHand Robotics and Kindred.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thirdwave.ai | 2018 | Union, United States | $82M | AI and cloud-driven automation is delivered for warehouse material handling. | ||
| righthandrobotics.com | 2014 | Cambridge, United States | $125.32M | 57 | AI-enabled robotic grippers for object picking are provided. | |
| kindred.ai | 2014 | San Francisco, United States | $28M | 5 | Provider of a pick and place robot for e-commerce applications |
Detailed competitors of Berkshire Grey
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Berkshire Grey
The website of Berkshire Grey (berkshiregrey.com) receives about 19.9K visits a month.
- Monthly visits19.9K
▲ 145.7% vs previous month
Websites whose visitors overlap most with Berkshire Grey. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
Top companies in E-Commerce Enablers & Infrastructure
3 companies that operate in the same segment as Berkshire Grey (E-Commerce Enablers & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 3,008 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.4 B | 233 | ||
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 |
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Related news about Berkshire Grey
Complete news archive for Berkshire Grey
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Frequently Asked Questions about Berkshire Grey
Berkshire Grey was founded in 2013.
Berkshire Grey is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Tom Wagner is the CEO of Berkshire Grey, as recorded in our data.
Berkshire Grey is a funded company, having raised a total of $263M across 2 funding rounds to date.
Berkshire Grey was founded in 2013 in Boston, United States. Automated material handling solutions are offered by the company, encompassing pick robots, pack robots, and store replenishment robots. Computer vision and artificial intelligence are integrated into these products. Operations focus on the retail, e-commerce, and logistics sectors, with services supporting automation needs in these industries.
Berkshire Grey's top competitors include Third Wave Automation, RightHand Robotics and Kindred.
Berkshire Grey offers Robotic Put Wall, Robotic Pick, and Robotic Package Sortation.
Berkshire Grey has 5 investors. Key investors include SoftBank Group, Khosla Ventures, Canaan, Revolution Acceleration Acquisition Corp, and NEA.
Yes. Berkshire Grey was acquired by SoftBank Group in March 2023.