About Myrmex
Myrmex is a company based in Palo Alto (United States) founded in 2015 was acquired by Ocado Group in May 2022. Myrmex offers products and services including Grocery E-Commerce Solutions, Grocery Pickup, E-Commerce Pickup, and Staging Unit. Myrmex operates in a competitive market with competitors including Nuro, Einride, Serve Robotics, Marble and Refraction AI, among others.
- Headquarter Palo Alto, United States
- SectorsTransportation, Automotive & LogisticsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website myrmex-inc.com
- Social LinkedIn Facebook YouTube
- Acquired by Ocado Group (May 2022)
- Legal Name Myrmex Limited
- Investors
- Acquired byOcado Group
(May 2022)
Products & Services of Myrmex
Myrmex offers a comprehensive portfolio of products and services, including Grocery E-Commerce Solutions, Grocery Pickup, E-Commerce Pickup, and Staging Unit.
Automated systems for managing grocery e-commerce orders and delivery.
Robotic tools for efficient customer order pickup in retail settings.
Solutions for staging and handling e-commerce orders with robots.
Equipment for order preparation and van loading in delivery processes.
Apps and channels of Myrmex
its YouTube channel Myrmex, inc. has 65 subscribers and 6 videos.
Videos from Myrmex
The most watched videos on Myrmex's YouTube channel, Myrmex, inc. (65 subscribers). Click a video to play it here.
More on Myrmex, inc..
Funding Insights of Myrmex
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Myrmex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | – | Seed | – | Ocado Group | – |
1 investors in total: 1 institutional.
Investors in Myrmex
Myrmex has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ocado Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Software solutions for online grocery fulfillment and operations are provided. | 2000 | ocadogroup.com | Hatfield, United Kingdom |
Investor details for Myrmex
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People of Myrmex
1 people are tracked at Myrmex (1 in team).
| Name | Role | Group |
|---|---|---|
Albert Michailidis | Design Engineer | Team |
Complete people profiles for Myrmex
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Timeline of Myrmex
3 dated milestones of Myrmex across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Myrmex is founded.
- Funding First funding round.
- Exit Acquired by Ocado Group.
Competitors of Myrmex
Myrmex 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 Nuro, Einride, Serve Robotics, Marble and Refraction AI, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nuro.ai | 2016 | Menlo Park, United States | $2.34B | 1,005 | AI-enabled autonomous vehicles are developed for local goods deliveries. | |
| einride.tech | 2016 | Stockholm, Sweden | $460.45M | – | Autonomous electric trucks are manufactured for freight and emissions management. | |
| serverobotics.com | 2021 | United States | $56M | – | Autonomous delivery robots are developed for food and parcel services. | |
| marble.io | 2015 | San Francisco, United States | $14M | 39 | Autonomous robots are deployed for intra-city deliveries. | |
| refraction.ai | 2017 | Ann Arbor, United States | $4.2M | 21 | AI-enabled autonomous robots are provided for last-mile logistics delivery. | |
| xingshentech.com | 2017 | Changsha, China | $15.22M | – | AI-enabled intelligent delivery robots are provided for logistics applications. | |
| neolix.cn | 2018 | Beijing, China | $726.11M | – | AI-enabled autonomous delivery vehicles are developed for logistics. | |
| driveblocks.ai | 2021 | Garching, Germany | $2.36M | – | Provider of AI-based autonomous delivery solutions for logistics |
Detailed competitors of Myrmex
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Web traffic of Myrmex
The website of Myrmex (myrmex-inc.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 30.3% vs previous month
Latest news on Myrmex
Complete news archive for Myrmex
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Similar companies to Myrmex
10 companies that operate in the same segment as Myrmex (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Myrmex
Myrmex was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Myrmex is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Myrmex was founded in 2015 in Palo Alto, United States, and operates in the robotics and logistics sector. Mobile robotic units are developed to prepare and deliver grocery orders at designated pickup points. Batch handling of orders is supported to enable faster replenishment processes. Returns of items are facilitated through the system. Cash payments are accepted, and temperature-controlled units compliant with HASP standards are utilized.
Myrmex's top competitors include Nuro, Einride and Serve Robotics.
Myrmex offers Grocery E-Commerce Solutions, Grocery Pickup, E-Commerce Pickup, and Staging Unit.
Myrmex has 1 investor. Key investors include Ocado Group.
Myrmex operates through Myrmex Limited.
Yes. Myrmex was acquired by Ocado Group in May 2022.