About Corvus Robotics
Corvus Robotics is a company based in Chicago (United States) founded in 2015.. Corvus Robotics has raised $28.06 million across 3 funding rounds from investors including Arch Grants, S2G Ventures and Spero. The company has 19 employees as of December 31, 2024. Corvus Robotics offers products and services including Corvus One, Corvus Cubic, and Custom Audits. Corvus Robotics operates in a competitive market with competitors including GreyOrange, Third Wave Automation, RightHand Robotics, Kindred and Agility Robotics, among others.
- Headquarter Chicago, United States
- Employees 19 as on 31 Dec, 2024
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Sectors
Transportation, Automotive & LogisticsTechnology Industrial Goods & Manufacturing Aerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Corvus Robotics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28.06 M (USD)
in 3 rounds
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Latest Funding Round
$18 M (USD), Series A
Sep 16, 2024
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Investors
Arch Grants
& 5 more
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Employee Count
19
as on Dec 31, 2024
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Products & Services of Corvus Robotics
Corvus Robotics offers a comprehensive portfolio of products and services, including Corvus One, Corvus Cubic, and Custom Audits. 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.
Autonomous drone for scanning warehouse racks and managing inventory.
Drone system for advanced warehouse automation and audits.
Tailored solutions for inventory cycle counts and discrepancy analysis.
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Funding Insights of Corvus Robotics
Corvus Robotics has successfully raised a total of $28.06M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $18 million completed in September 2024. 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 Funding
- Total Rounds 3
- Last Round Series A — $18.0M
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First Round
First Round
(06 Nov 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Corvus Robotics | Valuation | S2G Ventures , Spero Ventures |
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| Jul, 2023 | Amount | Seed - Corvus Robotics | Valuation | Spero Ventures | |
| Nov, 2017 | Amount | Grant - Corvus Robotics | Valuation |
investors |
| 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 |
Investors in Corvus Robotics
Corvus Robotics has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Arch Grants, S2G Ventures and Spero. 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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Stage agnostic venture capital firm
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Founded Year | Domain | Location | |
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A boutique venture firm is focused on purpose-led companies.
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Founded Year | Domain | Location | |
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Venture capital firm investing in companies founded by immigrants.
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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 Corvus Robotics
| 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 - Corvus Robotics
| 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 |
Corvus Robotics Comparisons
Competitors of Corvus Robotics
Corvus 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 GreyOrange, Third Wave Automation, RightHand Robotics, Kindred and Agility Robotics, 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 |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Provider of a pick and place robot for e-commerce applications
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| domain | founded_year | HQ Location |
Automated robotic solutions are provided for warehouse operations.
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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 Corvus Robotics
Frequently Asked Questions about Corvus Robotics
When was Corvus Robotics founded?
Corvus Robotics was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Corvus Robotics located?
Corvus Robotics is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Corvus Robotics a funded company?
Corvus Robotics is a funded company, having raised a total of $28.06M across 3 funding rounds to date. The company's 1st funding round was a Grant of $50K, raised on Nov 06, 2017.
How many employees does Corvus Robotics have?
As of Dec 31, 2024, the latest employee count at Corvus Robotics is 19.
What does Corvus Robotics do?
Corvus Robotics was founded in 2015 and is based in Chicago, United States. Autonomous indoor drones are developed for warehouse inventory tracking and analysis. Drone-based services are provided to support operations in retail, manufacturing, healthcare, and finance industries. Inventory management solutions are tailored for indoor environments through these technologies.
Who are the top competitors of Corvus Robotics?
Corvus Robotics's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
What products or services does Corvus Robotics offer?
Corvus Robotics offers Corvus One, Corvus Cubic, and Custom Audits.
Who are Corvus Robotics's investors?
Corvus Robotics has 6 investors. Key investors include Arch Grants, S2G Ventures, Spero, One Way Ventures, and F7 Ventures.