incubed IT

Hart, United States Founded: 2011 • Age: 15 yrs Acquired By Verizon
Smart warehouse logistics solutions

About incubed IT

incubed IT is a company based in Hart (United States) founded in 2011 was acquired by Verizon in February 2021. incubed IT offers products and services including Localization and Navigation Software, Fleet Management System, and VDA/VDMA 5050 Interface. incubed IT operates in a competitive market with competitors including Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others.

  • Headquarter Hart, United States
  • Sectors
    Transportation, Automotive & Logistics
    Industrial Goods & Manufacturing Technology
  • Website incubedit.com
  • Social LinkedIn X Facebook
  • Acquired by Verizon (Feb 2021)
  • Legal Name Incubed It Gmbh
Key Metrics

Products & Services of incubed IT

incubed IT offers a comprehensive portfolio of products and services, including Localization and Navigation Software, Fleet Management System, and VDA/VDMA 5050 Interface.

Localization and Navigation Software
Robot Navigation

Enables precise localization and navigation for autonomous robots

Fleet Management System
Robot Management

Coordinates multiple autonomous mobile robots in operations

VDA/VDMA 5050 Interface
Integration Tools

Facilitates hardware integration for robotics systems

Investors in incubed IT

incubed IT has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Verizon.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Mobile and internet services are provided to homes and businesses.
1983verizon.comNew York, United States
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Investor details for incubed IT

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People of incubed IT

1 people are tracked at incubed IT (1 in team).

NameRoleGroup
Lukas Reisinger
Product OwnerTeam
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Timeline of incubed IT

2 dated milestones of incubed IT across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded incubed IT is founded.
  2. Exit Acquired by Verizon.

Competitors of incubed IT

incubed IT 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 Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
thirdwave.ai2018Union, United States$82M–
AI and cloud-driven automation is delivered for warehouse material handling.
righthandrobotics.com2014Cambridge, United States$125.32M57
AI-enabled robotic grippers for object picking are provided.
kindred.ai2014San Francisco, United States$28M5
Provider of a pick and place robot for e-commerce applications
greyorange.com2012Roswell, United States$545.23M–
AI and SaaS-based robots for warehouse automation are provided.
agilityrobotics.com2015Albany, United States$178M225
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
geekplus.com2015Beijing, China$532.19M–
Autonomous mobile robots are supplied for warehouse operations.
locusrobotics.com2014Wilmington, United States$438.45M375
Automated robotic solutions are provided for warehouse operations.
vecnarobotics.com2018Cambridge, United States$193M138
Robotic solutions for workflow automation are developed across industries.
gxo.com1995Greenwich, United States–22,424
AI-enabled warehouse automation solutions are provided for material handling.
jdl.com2007Beijing, China$2.5B–
Warehouse automation tools and last-mile transportation solutions are provided.
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Detailed competitors of incubed IT

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Latest news on Incubed It

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Complete news archive for incubed IT

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Similar companies to incubed IT

10 companies that operate in the same segment as incubed IT (Logistics Technology & Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, SingaporeUSD 9.09 BUSD 3.37 B11,270
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.47 BUSD 10.72 B23,700
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,490
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.25 BUSD 1.12 B62,070
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B––
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 344.42 MUSD 135.47 M800
App based platform offering on demand delivery and ride-hailing services
2010Jakarta, Jakarta, IndonesiaUSD 4.72 B––
Express delivery logistics solutions are provided for businesses and individuals.
2015Bengaluru, Karnataka, IndiaUSD 246.8 MUSD 447.86 M–
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
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Frequently Asked Questions about incubed IT

incubed IT was founded in 2011.

incubed IT is headquartered in Hart, United States. It is registered at Hart, Michigan, United States.

Smart warehouse logistics solutions. It is developing software solutions for AUVs to navigate smartly in the industrial area. Developed Smart Shuttle Solutions which includes Smart Shuttles, intelligent mobile robots for warehouse logistic applications along with navigation software to operate and control a fleet of smart shuttles. It provides 2 types of smart shuttles, the first is a smart container shuttle and the second is a smart pallet shuttle.

incubed IT's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.

incubed IT offers Localization and Navigation Software, Fleet Management System, and VDA/VDMA 5050 Interface.

incubed IT has 1 investor. Key investors include Verizon.

incubed IT operates through Incubed It Gmbh.

Yes. incubed IT was acquired by Verizon in February 2021.

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