About Path Robotics
Path Robotics is a company based in Columbus (United States) founded in 2014 by Ken Lonsberry, Andrew Lonsberry, and Alex Lonsberry.. Path Robotics has raised $271 million across 5 funding rounds from investors including SVB, Lemnos and Tiger Global. Path Robotics offers products and services including AF-1 Welding Robot and AW-3 Welding Robot. Path Robotics operates in a competitive market with competitors including Smooth Robotics, Preston Eastin, Cyclotron Automation, Vectis Automation and Mhauto, among others.
- Headquarter Columbus, United States
- Founders Ken Lonsberry, Andrew Lonsberry, Alex Lonsberry
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Path Robotics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$271 M (USD)
in 5 rounds
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Latest Funding Round
$100 M (USD), Series D
Oct 14, 2024
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Investors
SVB
& 6 more
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Employee Count
Employee Count
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Products & Services of Path Robotics
Path Robotics offers a comprehensive portfolio of products and services, including AF-1 Welding Robot and AW-3 Welding Robot. 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.
Autonomous robot optimized for welding small parts with precision.
Scalable robot for efficient welding of large parts and projects.
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Funding Insights of Path Robotics
Path Robotics has successfully raised a total of $271M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in October 2024. 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 5
- Last Round Series D — $100.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series D - Path Robotics | Valuation | Matter Venture Partners , Drive Capital |
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| Jul, 2021 | Amount | Series C - Path Robotics | Valuation | Tiger Global Management | |
| May, 2021 | Amount | Series B - Path Robotics | Valuation | Addition |
| 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 Path Robotics
Path Robotics has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Lemnos and Tiger Global. 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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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Investments are made in early and growth-stage technology startups.
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Founded Year | Domain | Location | |
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Venture capital firm focused on pre-seed and seed stage investments
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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 Path Robotics
| 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 |
Financial Statements - Path 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 |
Path Robotics Comparisons
Competitors of Path Robotics
Path 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 Smooth Robotics, Preston Eastin, Cyclotron Automation, Vectis Automation and Mhauto, 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 |
Software for automated welding robots is provided.
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| domain | founded_year | HQ Location |
Manufacturer of manual and robotic systems and equipment
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| domain | founded_year | HQ Location |
Manufactures welding tables, positioners, and fixtures for industrial applications.
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| domain | founded_year | HQ Location |
Offers collaborative robots for welding, cutting, and fabrication automation.
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| domain | founded_year | HQ Location |
Provider of welding robots for industries
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Path Robotics
Frequently Asked Questions about Path Robotics
When was Path Robotics founded?
Path Robotics was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Path Robotics located?
Path Robotics is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
Who is the current CEO of Path Robotics?
Andrew Lonsberry is the current CEO of Path Robotics. They have also founded this company.
Is Path Robotics a funded company?
Path Robotics is a funded company, having raised a total of $271M across 5 funding rounds to date. The company's 1st funding round was a Series B of $56M, raised on Jun 01, 2018.
What does Path Robotics do?
Path Robotics was established in 2014 in Columbus, United States, within the industrial automation sector. AI-driven robotic welding systems are offered for enterprise applications, where parts are scanned via proprietary 3D hardware and artificial intelligence algorithms are utilized to produce robotic motions for secure and effective welds. A reflection-resistant laser scanner is integrated into the system to detect authentic laser lines amid potential reflections.
Who are the top competitors of Path Robotics?
Path Robotics's top competitors include Smooth Robotics, Preston Eastin and Mhauto.
What products or services does Path Robotics offer?
Path Robotics offers AF-1 Welding Robot and AW-3 Welding Robot.
Who are Path Robotics's investors?
Path Robotics has 7 investors. Key investors include SVB, Lemnos, Tiger Global, Addition, and Drive Capital.