Intuition Robotics

Tel Aviv, Israel Founded: 2015 • Age: 11 yrs
AI-based social robots are provided as companions for the elderly.
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About Intuition Robotics

Intuition Robotics is a company based in Tel Aviv (Israel) founded in 2015.. Intuition Robotics has raised $76 million across 7 funding rounds from investors including iRobot, OurCrowd and Sumitomo Mitsui Banking Corporation. Intuition Robotics offers products and services including ElliQ. Intuition Robotics operates in a competitive market with competitors including Endotronix, Vicarious, Ekso Bionics, Bardy Diagnostics and CarePredict, among others.

  • Headquarter Tel Aviv, Israel
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Intuition Robotics Ltd
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Technology → Robotics, Automation & Advanced Manufacturing
Healthcare → Health Technology & Digital Health
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Healthcare → Health Technology & Digital Health
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $76 M (USD)

    in 7 rounds

  • Latest Funding Round
    $5 M (USD), Debt – Venture

    Aug 29, 2023

  • Investors
    iRobot

    & 18 more

  • Employee Count
    Employee Count
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Products & Services of Intuition Robotics

Intuition Robotics offers a comprehensive portfolio of products and services, including ElliQ. 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

Offers empathetic AI interactions for older adults' health and companionship

People of Intuition Robotics
Headcount 50-200
Employee Profiles 17
Board Members and Advisors 6
Employee Profiles
People
Michael Cantor
Chief Medical Officer
People
Ronen Soffer
Chief Product Officer
People
Assaf Gad
VP Strategy
People
Avishai Fishman
Chief Financial Officer

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Board Members and Advisors
people
Maya Goldberg
Advisor
people
Don Norman
Advisor
people
Jody Holtzman
Advisor
people
Guy Hoffman
Advisor

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Funding Insights of Intuition Robotics

Intuition Robotics has successfully raised a total of $76M across 7 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $5 million completed in August 2023. 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 Rounds 7
  • Last Round Debt – Venture — $5.0M
  • First Round
  • Investors Count 19
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2023 Amount Series C - Intuition Robotics Valuation Woven Capital
Aug, 2023 Amount Debt – Venture - Intuition Robotics Valuation

investors

Feb, 2020 Amount Series B - Intuition Robotics Valuation SPARX Group , OurCrowd
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 Intuition Robotics

Intuition Robotics has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include iRobot, OurCrowd and Sumitomo Mitsui Banking Corporation. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Global funding is provided to growth-stage mobility ventures.
Founded Year Domain Location
Venture capital firm and infrastructure firm investing in multiple sectors
Founded Year Domain Location
Venture debt is provided globally across multiple sectors.
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 Intuition Robotics

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 - Intuition Robotics

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

Intuition Robotics Comparisons

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Competitors of Intuition Robotics

Intuition 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 Endotronix, Vicarious, Ekso Bionics, Bardy Diagnostics and CarePredict, 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
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
domain founded_year HQ Location
AI-based robotic arms are developed for industrial automation tasks.
domain founded_year HQ Location
Exoskeletons for medical rehabilitation and industrial productivity are provided.
domain founded_year HQ Location
Develops and markets the Carnation Ambulatory Monitor
domain founded_year HQ Location
Senior activities are monitored via AI wearables to detect anomalies.
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 Intuition Robotics

Frequently Asked Questions about Intuition Robotics

When was Intuition Robotics founded?

Intuition Robotics was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Intuition Robotics located?

Intuition Robotics is headquartered in Tel Aviv, Israel.

Is Intuition Robotics a funded company?

Intuition Robotics is a funded company, having raised a total of $76M across 7 funding rounds to date. The company's 1st funding round was a Series B of $36M, raised on Jun 01, 2016.

What does Intuition Robotics do?

Intuition Robotics was founded in 2015 in Tel Aviv, Israel, and operates in the AI robotics sector focused on elderly care. A tabletop robot with a screen is developed, enabling video chat, voice commands, proactive interactions, and entertainment features. The device serves as a companion, supporting daily engagement for older users through these integrated capabilities.

Who are the top competitors of Intuition Robotics?

Intuition Robotics's top competitors include Vicarious, Endotronix and Ekso Bionics.

What products or services does Intuition Robotics offer?

Intuition Robotics offers ElliQ.

Who are Intuition Robotics's investors?

Intuition Robotics has 19 investors. Key investors include iRobot, OurCrowd, Sumitomo Mitsui Banking Corporation, Sompo Holdings, and Sparx Group.

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