About Olis Robotics
Olis Robotics is a company based in Seattle (United States) founded in 2013.. Olis Robotics has raised $5.5 million across 4 funding rounds from investors including Pioneer Square Labs, Tectonic Ventures and Ubiquity Ventures. Olis Robotics has completed 1 acquisition, including White Marsh Forests. Olis Robotics offers products and services including Olis App and Hardware Dongle. Olis Robotics operates in a competitive market with competitors including Extend Robotics, Byte Motion, Cognicept, Voysys and Telefactor Robotics, among others.
- Headquarter Seattle, United States
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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- Legal Name Olis Robotics
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.5 M (USD)
in 4 rounds
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Latest Funding Round
$4.1 M (USD), Series B
Aug 11, 2023
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Investors
Pioneer Square Labs
& 6 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Olis Robotics
Olis Robotics offers a comprehensive portfolio of products and services, including Olis App and Hardware Dongle. 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.
App for remote troubleshooting of automation issues via video and logs
Adapter for connecting tablets to controllers for data access
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Funding Insights of Olis Robotics
Olis Robotics has successfully raised a total of $5.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $4.1 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 Funding
- Total Rounds 4
- Last Round Series B — $4.1M
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First Round
First Round
(01 Jun 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series B - Olis Robotics | Valuation | Pioneer Square Labs | |
| Jun, 2019 | Amount | Series B - Olis Robotics | Valuation |
investors |
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| May, 2019 | Amount | Grant - Olis Robotics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Olis Robotics
Olis Robotics has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Pioneer Square Labs, Tectonic Ventures and Ubiquity Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
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Startups are incubated and funded across diverse sectors.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Sector-agnostic early-stage investments are made by Ubiquity Ventures family office.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Olis Robotics
Olis Robotics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include White Marsh Forests. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of software development and machine learning services
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Olis Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Olis Robotics Comparisons
Competitors of Olis Robotics
Olis 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 Extend Robotics, Byte Motion, Cognicept, Voysys and Telefactor 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 |
VR-based software solutions for robotic inspection and maintenance are provided.
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| domain | founded_year | HQ Location |
AR and VR-based software for telepresence robot operations is provided.
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| domain | founded_year | HQ Location |
Robotic error-handling solutions using human-in-the-loop technology are provided.
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| domain | founded_year | HQ Location |
Software for teleoperation of vehicles, machines, and robots is provided.
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| domain | founded_year | HQ Location |
Develops solutions for robots, tele-presence devices and human machine interfaces
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Olis Robotics
Frequently Asked Questions about Olis Robotics
When was Olis Robotics founded?
Olis Robotics was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Olis Robotics located?
Olis Robotics is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Olis Robotics a funded company?
Olis Robotics is a funded company, having raised a total of $5.5M across 4 funding rounds to date. The company's 1st funding round was a Grant of $50K, raised on Jun 01, 2017.
What does Olis Robotics do?
Olis Robotics was founded in 2013 in Seattle, United States, within the robotics software sector. An operating system is offered for remotely operated robots, incorporating tools for control, autonomy, and situational awareness. Machine learning, 3D environment monitoring, and adaptive control algorithms are utilized to enhance operational capabilities. The hardware-agnostic platform supports variable autonomy levels, balancing task complexity and risk. Applications include offshore energy, nuclear decommissioning, infrastructure maintenance, and environmental remediation.
Who are the top competitors of Olis Robotics?
Olis Robotics's top competitors include Cognicept, Byte Motion and Extend Robotics.
What products or services does Olis Robotics offer?
Olis Robotics offers Olis App and Hardware Dongle.
How many acquisitions has Olis Robotics made?
Olis Robotics has made 1 acquisition, including White Marsh Forests.
Who are Olis Robotics's investors?
Olis Robotics has 7 investors. Key investors include Pioneer Square Labs, Tectonic Ventures, Ubiquity Ventures, Daniel Theobald, and U.S. Air Force.