incubed IT

Hart, United States Founded: 2011 • Age: 15 yrs Acquired By Verizon
Smart warehouse logistics solutions
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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
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Incubed It Gmbh
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Technology → Marketing, Adtech & Commerce Technology
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Verizon

    (Feb 15, 2021)

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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. 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.

Primary

Enables precise localization and navigation for autonomous robots

Coordinates multiple autonomous mobile robots in operations

Facilitates hardware integration for robotics systems

People of incubed IT
Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Lukas Reisinger
Product Owner

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Teams

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Funding Insights of incubed IT

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in incubed IT

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

All
Institutional
Investor Description Founded Year Domain Location
Mobile and internet services are provided to homes and businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by incubed IT

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - incubed IT

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Incubed It Comparisons

Employees
+
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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. 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 cloud-driven automation is delivered for warehouse material handling.
domain founded_year HQ Location
AI-enabled robotic grippers for object picking are provided.
domain founded_year HQ Location
Provider of a pick and place robot for e-commerce applications
domain founded_year HQ Location
AI and SaaS-based robots for warehouse automation are provided.
domain founded_year HQ Location
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
domain founded_year HQ Location
Autonomous mobile robots are supplied for warehouse operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Incubed It

Frequently Asked Questions about incubed IT

When was incubed IT founded?

incubed IT was founded in 2011.

Where is incubed IT located?

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

What does incubed IT do?

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.

Who are the top competitors of incubed IT?

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

What products or services does incubed IT offer?

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

Who are incubed IT's investors?

incubed IT has 1 investor. Key investors include Verizon.

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