About iRobot
iRobot is a company based in New Bedford (United States) founded in 1990 by Colin Angle and Helen Greiner. iRobot has raised $13 million across 3 funding rounds from investors including Amazon, Bank of America and Red Mountain Capital Advisors. The company has 541 employees as of December 31, 2024. iRobot has completed 5 acquisitions, including Aeris Health, Evolution Robotics and Robopolis.com. iRobot offers products and services including Roomba Series, Braava jet, AutoWash Dock, and Trade-In Program. iRobot operates in a competitive market with competitors including Wonder Workshop, Swivl, ROYBI, Skriware and Beijing Aiqi Technology, among others.
- Headquarter New Bedford, United States
- Employees 541 as on 31 Dec, 2024
- Founders Colin Angle, Helen Greiner
- Stage Public
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Sectors
TechnologyRetail Consumer
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Phone
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Website
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Social
Locked
- Legal Name Irobot Corporation
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Annual Revenue
$666.43 M (USD)-23.06as on Dec 31, 2024
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Net Profit
-$145.52 M (USD)52.24as on Dec 31, 2024
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EBITDA
-$137.61 M (USD)40.17as on Dec 31, 2024
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Total Equity Funding
$13 M (USD)
in 3 rounds
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Latest Funding Round
$150 M (USD), Debt – Conventional
Jul 06, 2018
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Investors
Amazon
& 5 more
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Employee Count
541
as on Dec 31, 2024
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Investments & Acquisitions
Aeris Health
& 4 more
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Acquired by
& 1 more
(Jan 01, 2026)
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IPO & Listings of iRobot
iRobot is a publicly listed company on the NASDAQ with ticker symbol IRBT in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of iRobot
iRobot offers a comprehensive portfolio of products and services, including Roomba Series, Braava jet, AutoWash Dock, and Trade-In Program.
Automated robots for efficient floor vacuuming and cleaning
Robotic device for scrubbing and mopping hard floors
Docking station for automatic robot maintenance
Program for exchanging old devices for credits
People of iRobot
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Sales and Marketing
38 people
Software Development Team
24 people
Leadership Team
23 people
Product Management Team
14 people
Finance and Accounting
13 people
Sr. Team
8 people
Human Resources and Administration
6 people
Senior Team
5 people
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Funding Insights of iRobot
iRobot has successfully raised a total of $13M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 million completed in July 2018. 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.
Investors in iRobot
iRobot has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Amazon, Bank of America and Red Mountain Capital Advisors.
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Investment banking solutions are offered by Red Mountain Capital Advisors.
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Stage-agnostic investments in US ventures are made by Trident Capital.
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PE firm investing in the US
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Investor details for iRobot
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by iRobot
iRobot has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Aeris Health, Evolution Robotics and Robopolis.com.
Investment portfolio details for iRobot
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Hexagonal robots are developed for classroom coding education.
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Provider of nano anti-microbial air purifiers for home
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Wholesaler of air purifiers
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Locked | Locked | 2004 | Locked |
Complete acquisition details for iRobot
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- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - iRobot
Detailed financials for iRobot
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- Profit trends
- Statement rows
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Irobot Comparisons
Peer comparison for iRobot
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of iRobot
iRobot 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 Wonder Workshop, Swivl, ROYBI, Skriware and Beijing Aiqi Technology, among others.
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Educational toy robots for children's learning are provided.
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Automated video collaboration tools are offered for education.
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AI-powered robot for children's education is provided.
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Provider of 3D printing solutions
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DIY robotic kits are developed for student STEM education.
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Robotics, AI, and coding STEM kits and courses are retailed.
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Detailed competitors of iRobot
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- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Irobot
Complete news archive for iRobot
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about iRobot
iRobot was founded in 1990 and raised its 1st funding round 13 years after it was founded.
iRobot is headquartered in New Bedford, United States. It is registered at New Bedford, Massachusetts, United States.
Colin Angle is the current CEO of iRobot. They have also founded this company.
iRobot is a funded company, having raised a total of $13M across 3 funding rounds to date.
As of Dec 31, 2024, the latest employee count at iRobot is 541.
Annual revenue of iRobot is $666.43M as on Dec 31, 2024.
iRobot was founded in 1990 and is headquartered in New Bedford, United States. Operations focus on the consumer robotics sector, where domestic cleaning solutions are developed and distributed. The product range encompasses robot vacuums, mops, smart air purifiers, and handheld vacuum cleaners. Features such as voice controls, multi-surface brushes, and dirt sensors are integrated into these devices to support household cleaning tasks.
iRobot's top competitors include Swivl, Wonder Workshop and ROYBI.
iRobot offers Roomba Series, Braava jet, AutoWash Dock, and Trade-In Program.
Yes, iRobot is publicly traded on NASDAQ under the ticker symbol IRBT.
iRobot has made 5 acquisitions, including Aeris Health, Evolution Robotics, and Robopolis.com.
iRobot has 6 investors. Key investors include Amazon, Bank of America, Red Mountain Capital Advisors, Trident Capital, and Fenway Partners.
The ticker symbol of iRobot is IRBT on NASDAQ.