iRobot

New Bedford, United States Founded: 1990 • Age: 36 yrs Listed
Domestic cleaning robots are provided by iRobot.

About iRobot

iRobot is a publicly listed company based in New Bedford (United States) founded in 1990 by Colin Angle and Helen Greiner. Domestic cleaning robots are provided by iRobot. It operates in the Technology, Retail, and Consumer sectors. 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. iRobot has completed 5 acquisitions, including Aeris Health, Evolution Robotics and Robopolis.com. Its chief executive, as recorded, is Colin Angle. Its website irobot.com draws about 903 thousand monthly visits. The company has since been acquired. iRobot offers products and services including Roomba Series, Braava jet, AutoWash Dock, and Trade-In Program. Its focus areas include High Tech, Consumer Robotics, Domestic Tasks and Cleaning. Its legal entity in India is Irobot (India) Private Limited (U72200KA2005PTC037429). Its competitors include Wonder Workshop, Swivl and ROYBI; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters New Bedford, United States
  • Employees 541
  • Founders Colin Angle, Helen Greiner
  • Stage Acquired
  • Sectors
    Technology
    Retail Consumer
  • Website category Computers Electronics and Technology
  • Website irobot.com
  • Social LinkedIn X
  • Acquired by Amazon (Aug 2022)
  • Legal Name Irobot Corporation
Key Metrics
  • Annual Revenue
    $666.43 M (USD)
    -23.06
    as on Dec 31, 2024
  • Net Profit
    -$145.52 M (USD)
    52.24
    as on Dec 31, 2024
  • EBITDA
    -$137.61 M (USD)
    40.17
    as on Dec 31, 2024
  • Total Equity Funding
    $13M (USD)

    in 3 rounds

  • Latest Funding Round
    $150M (USD), Debt – Conventional

    Jul 2018

  • Investors
    Amazon

    & 5 more

  • Employee Count
    541
  • Investments & Acquisitions

Products & Services of iRobot

iRobot offers a comprehensive portfolio of products and services, including Roomba Series, Braava jet, AutoWash Dock, and Trade-In Program.

Roomba Series
Robot Vacuum

Automated robots for efficient floor vacuuming and cleaning

Braava jet
Robot Mop

Robotic device for scrubbing and mopping hard floors

AutoWash Dock
Accessory

Docking station for automatic robot maintenance

Trade-In Program
Service

Program for exchanging old devices for credits

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.

  • Total Funding $13M
  • Total Rounds 3
  • Last Round Debt – Conventional β€” $150M
  • First Round $13M

    (May 2003)

  • Investors Count 5

All 3 funding rounds of iRobot with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2018$150MDebt – Conventional––
Dec 2015Post-IPO––
May 2003$13MPrivate Equity Round––
Valuation history

6 investors in total: 6 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment banking solutions are offered by Red Mountain Capital Advisors.
redmtncap.comLos Angeles, United States
Stage-agnostic investments in US ventures are made by Trident Capital.
tridentcap.comPalo Alto, United States
PE firm investing in the US
fenwaypartners.comNew York, United States
Corporate-backed investments in AI, sensors, and sectors are managed.
idsoftcapital.comSanta Clara, United States
Commercial banking and asset management services are offered worldwide.
1904bankofamerica.comCharlotte, United States
Multi-category products are offered through an online marketplace.
1994amazon.comSeattle, United States
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Investor details for iRobot

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Board of directors of Irobot (India) Private Limited (iRobot)

Irobot (India) Private Limited is the primary company behind iRobot. The boards of the 2 registered companies of iRobot currently have 6 directors; the longest-serving is Glen Daniel Weinstein, appointed in 2005. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Glen Daniel Weinstein
DIN 00891989
Director01 Nov 200520 yrs 11 moIrobot (India) Private Limited
Paul James Tavalone
DIN 06396411
Additional Director15 Aug 201214 yrs 2 moIrobot (India) Private Limited
Asaf Ben Zion Merary
DIN 06987078
Director18 Nov 201411 yrs 11 moPuresight Systems Private Limited
James Vedamuthu
DIN 05243421
Additional Director21 Nov 201411 yrs 11 moIrobot (India) Private Limited
David Merary
DIN 07723003
Director01 Feb 20179 yrs 8 moPuresight Systems Private Limited
Satish Srinivasan
DIN 00281642
Director26 Sep 20224 yrs 1 moPuresight Systems Private Limited

People of iRobot

170 people are tracked at iRobot (54 in leadership, 7 in board & advisors, 109 in team); the tracked headcount is 541.

NameRoleGroup
Colin Angle
Co-Founder & CEOLeadership
Helen Greiner
Co-FounderLeadership
Philip Woodland
Director, Global Commercial Fp&aLeadership
Insun Hong
Industrial Design DirectorLeadership
Mark Moseley
Technical Director, Core InnovationLeadership
Jeffrey Engel
President & COOLeadership
Warren Fernandez
Director Of Product ManagementLeadership
Barry Schliesmann
Chief Product OfficerLeadership
Meaghan H.
Global Head Of Privacy & DPOLeadership
Kevin Lanouette
Senior Vice President And General CounselLeadership
Gary Cohen
CEOLeadership
José Vallés
Regional Director - Sales - Marketing & Business Development | North America & Latino AmericaLeadership
Jean Jacques Blanc
Chief Commercial OfficerLeadership
Eileen Young
Director Of Product ManagementLeadership
Rocky Wiltsey
US - Director Of SalesLeadership
Art Casasa
Senior Director Of Engineering Operations, Chief Of StaffLeadership
Paula Reed
Senior Director Accounting OperationsLeadership
Alexander Miltenyi
Director Of Corporate Development M ALeadership
Nicolas Meurger
VP & GM EMEALeadership
Risa Weber
Associate Director Global Credit Services (effective April 2024) / Global Credit Services ManagerLeadership

150 more people are available in the full profile.

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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.

  • IPO date09 Nov 2005
  • Listed onNASDAQ: IRBT
  • Listed entityiRobot Corporation
  • Exchange sectorConsumer durables
  • ISINUS4627261005
  • Share price$0.47 (-30.05% on the day) · 2025-12-22
  • Market capitalisation$14.8M
  • EPS (diluted, trailing year)$-6.66
  • Volume (last session)44,969,274
  • Analyst consensusNeutral

Financials of iRobot

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2024$666.4M-$145.5M-$137.6M
2023$866.2M-$304.7M-$230.0M
2022$1.16B-$286.3M-$182.9M
2021$1.56B$30.4M$43.4M
2020$1.43B$147.1M$146.8M

Balance sheet, profit and loss, cash flow and ratios of Irobot (India) Private Limited are on its company page.

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Detailed financial statements for iRobot

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of nano anti-microbial air purifiers for home
aerishealth.comCham, Switzerland2014Nov 2021$72M
Hexagonal robots are developed for classroom coding education.
rootrobotics.comCambridge, United States2016Jun 2019β€’β€’β€’β€’
Developer of robotic products for helping in household daily chores
robopolis.comHamburg, Germany2002Jul 2017$141M
Wholesaler of air purifiers
salesondemand.co.jpChiyoda, Japan2004Apr 2017$18M
Robotics solutions and intelligent products are provided by Evolution Robotics.
evolution.comPasadena, United States2001Sep 2012$74M
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Timeline of iRobot

10 dated milestones of iRobot across 32 years, from founding to its latest funding, stage changes and deals.

  1. Founded iRobot is founded.
  2. Funding First funding round of $13.0M.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires Evolution Robotics.
  5. Acquisition Acquires Sales On Demand.
  6. Acquisition Acquires Robopolis.com.
  7. Funding Latest funding round, Debt – Conventional, of $150.0M.
  8. Acquisition Acquires Root Robotics.
  9. Acquisition Acquires Aeris Health.
  10. Exit Acquired by Amazon.

Competitors of iRobot

iRobot has 3 listed competitors in our database, 3 of them funded. They include Wonder Workshop, Swivl and ROYBI.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
makewonder.com2012Millbrae, United States$80.8M
Educational toy robots for children's learning are provided.
swivl.com2010Menlo Park, United States$850,00054
Automated video collaboration tools are offered for education.
roybirobot.com2017San Francisco, United States$4.2M
AI-powered robot for children's education is provided.
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Detailed competitors of iRobot

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Web traffic of iRobot

The website of iRobot (irobot.com) receives about 903.1K visits a month and ranks #47,246 among all websites worldwide, #5,741 in Computers Electronics and Technology.

  • Monthly visits
    903.1K

    ▼ 23.1% vs previous month

  • Unique visitors
    665.5K

    per month

  • Global rank
    #47,246

    among all websites

  • Category rank
    #5,741

    Computers Electronics and Technology · Computers Electronics and Technology

Similar websites

Websites whose visitors overlap most with iRobot. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
evolution.com
100%
774.3K#48,996View details
robots.net
robots.net
100%
#341,223–
robotstore.com
robotstore.com
98%
–
geckosystems.com
84%
View details
pcmag.com
82%
14M#5,319View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Autonomous & Service Robotics

3 companies that operate in the same segment as iRobot (Autonomous & Service Robotics) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Robotic arms are provided for mobility and rehabilitation support.
2004Boston, Massachusetts, United StatesUSD 17.21 MUSD 40.93 M185
Exoskeletons for medical rehabilitation and industrial productivity are provided.
2005United StatesUSD 24.37 MUSD 71.6 M61
Automated video collaboration tools are offered for education.
2010Menlo Park, California, United StatesUSD 850 K
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Related news about Irobot

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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 CEO of iRobot, as recorded in our data. They have also founded this company.

iRobot is a funded company, having raised a total of $13M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $13M, raised on May 2003.

iRobot has 541 employees.

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.

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