About Peer Robotics
Peer Robotics is a company based in Hartford (United States) founded in 2019 by Alok Kumar, Rishabh Agarwal, and Kamod Agarwal. Peer Robotics has raised $4.39 million across 4 funding rounds from investors including Axilor Ventures, Techstars and Connecticut Innovations. Peer Robotics offers products and services including RM500 Robot, RM250 Robot, Bin Movement Solution, Pallet/Shelf Movement Solution, and Trolley Movement Solution. Peer Robotics operates in a competitive market with competitors including GreyOrange, Third Wave Automation, RightHand Robotics, Kindred and Agility Robotics, among others.
- Headquarter Hartford, United States
- Founders Alok Kumar, Rishabh Agarwal, Kamod Agarwal
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing Technology
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Phone
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Website
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Social
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- Legal Name Peer Robotics Private Limited
- Date of Incorporation 18 Jun, 2019
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$42.11 K (USD)-74.67as on Mar 31, 2023
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Net Profit
-$45.99 K (USD)-525.94as on Mar 31, 2023
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EBITDA
-$26.52 K (USD)-3597.48as on Mar 31, 2023
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Total Equity Funding
$4.39 M (USD)
in 4 rounds
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Latest Funding Round
$2 M (USD), Seed
Jun 12, 2025
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Investors
Axilor Ventures
& 5 more
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Employee Count
Not available
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Products & Services of Peer Robotics
Peer Robotics offers a comprehensive portfolio of products and services, including RM500 Robot, RM250 Robot, Bin Movement Solution, Pallet/Shelf Movement Solution, and Trolley Movement Solution.
Advanced robot for dynamic learning and manufacturing tasks.
Compact robot designed for various automation needs in production.
System for efficient bin handling in manufacturing environments.
Automates pallet and shelf transport for enhanced productivity.
Facilitates automated trolley operations in industrial settings.
Handles machine monitoring and tending for streamlined processes.
Funding Insights of Peer Robotics
Peer Robotics has successfully raised a total of $4.39M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in June 2025. 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 Peer Robotics
Peer Robotics has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Axilor Ventures, Techstars and Connecticut Innovations.
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Venture capital firm investing in early-stage startups in technology sectors.
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Venture capital services for biotech, IT, and innovative sectors in Connecticut.
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Venture capital firm focused of tech companies
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Investor details for Peer Robotics
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Investments & Acquisitions by Peer Robotics
Investment portfolio details for Peer Robotics
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Financial Statements - Peer Robotics
Detailed financials for Peer Robotics
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Peer Robotics Comparisons
Peer comparison for Peer Robotics
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Competitors of Peer Robotics
Peer 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 GreyOrange, Third Wave Automation, RightHand Robotics, Kindred and Agility Robotics, among others.
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AI and SaaS-based robots for warehouse automation are provided.
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AI and cloud-driven automation is delivered for warehouse material handling.
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AI-enabled robotic grippers for object picking are provided.
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Provider of a pick and place robot for e-commerce applications
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Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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Automated robotic solutions are provided for warehouse operations.
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Detailed competitors of Peer Robotics
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Latest news on Peer Robotics
Complete news archive for Peer Robotics
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Frequently Asked Questions about Peer Robotics
Peer Robotics was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Peer Robotics is headquartered in Hartford, United States. It is registered at Hartford, Connecticut, United States.
Rishabh Agarwal is the current CEO of Peer Robotics. They have also founded this company.
Peer Robotics is a funded company, having raised a total of $4.39M across 4 funding rounds to date.
Annual revenue of Peer Robotics is $42.11K as on Mar 31, 2023.
Peer Robotics was founded in 2019 in Hartford, United States. Automated robotic solutions are supplied for warehouse material handling within the robotics and automation sector. Human-centric and adaptable mobile robots are utilized for material movement across warehousing, manufacturing, and assembly lines. Services encompass picking, packaging, sorting, and visual inspection. Routine tasks are automated continuously to support operational efficiency.
Peer Robotics's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
Peer Robotics offers RM500 Robot, RM250 Robot, Bin Movement Solution, Pallet/Shelf Movement Solution, and 2 more products and services.
Peer Robotics has 6 investors. Key investors include Axilor Ventures, Techstars, Connecticut Innovations, Innopact, and Kalaari Capital.
The valuation of Peer Robotics is $1.04M as of Jan 2021.