About Precise Path Robotics
Precise Path Robotics is a company based in Indianapolis (United States) founded in 2006 was acquired by MTD Products in January 2015.. Precise Path Robotics has raised $11.46 million across 7 funding rounds from investors including MTD Products. Precise Path Robotics offers products and services including INFINICUT FX & FL, INFINICUT SM Rotary, Grooming Tools, and Maintenance Tools. Precise Path Robotics operates in a competitive market with competitors including Scythe Robotics, Greenzie, Kingdom Garden, Robin Autopilot and Mammotion, among others.
- Headquarter Indianapolis, United States
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Sectors
Business ServicesIndustrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Precise 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
$11.46 M (USD)
in 7 rounds
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Latest Funding Round
$300 K (USD), Series A
Jun 20, 2012
- Investors
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Employee Count
Employee Count
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Acquired by
MTD Products
(Jan 29, 2015)
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Products & Services of Precise Path Robotics
Precise Path Robotics offers a comprehensive portfolio of products and services, including INFINICUT FX & FL, INFINICUT SM Rotary, Grooming Tools, and Maintenance Tools. 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.
Delivers precise cuts for fine turf in sports and golf.
Handles turf maintenance with efficient cutting performance.
Removes thatch and debris to control green speed effectively.
Aerates and top-dresses turf for improved health and playability.
Funding Insights of Precise Path Robotics
Precise Path Robotics has successfully raised a total of $11.46M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $300 thousand completed in June 2012. 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 7
- Last Round Series A — $300,000
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First Round
First Round
(06 Nov 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2012 | Amount | Series A - Precise Path Robotics | Valuation |
investors |
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| Jun, 2012 | Amount | Series A - Precise Path Robotics | Valuation |
investors |
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| Dec, 2011 | Amount | Series A - Precise Path Robotics | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Precise Path Robotics
Precise Path Robotics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MTD Products. 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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Manufacturer of robotic lawnmower systems
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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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Investments & Acquisitions by Precise 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 - Precise Path Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Precise Path Robotics Comparisons
Competitors of Precise Path Robotics
Precise 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 Scythe Robotics, Greenzie, Kingdom Garden, Robin Autopilot and Mammotion, 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 |
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| domain | founded_year | HQ Location |
Electric autonomous lawn mowers are provided for landscaping needs.
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| domain | founded_year | HQ Location |
Web-based robotic solutions for industrial lawn mowing are provided.
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| domain | founded_year | HQ Location |
Provider of robotic lawn mowing solution for large terrains
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| domain | founded_year | HQ Location |
Provider of automatic lawnmowers
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| domain | founded_year | HQ Location |
Develops and sells wire-free robot lawn mowers with smart features for consumers.
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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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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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Frequently Asked Questions about Precise Path Robotics
When was Precise Path Robotics founded?
Precise Path Robotics was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Where is Precise Path Robotics located?
Precise Path Robotics is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Is Precise Path Robotics a funded company?
Precise Path Robotics is a funded company, having raised a total of $11.46M across 7 funding rounds to date. The company's 1st funding round was a Series A of $250K, raised on Nov 06, 2009.
What does Precise Path Robotics do?
PrecisePath Robotics used to develop a robotic lawn mower called the RG3. The RG3 is capable of travelling in straight lines or along curved perimeters without the need for an operator. The firm used to provide robotic outdoor equipment which was pretty popular among golf sensors. The firm got acquired by MTD Product which is the parent company of CubCadet, for an undisclosed amount.
Who are the top competitors of Precise Path Robotics?
Precise Path Robotics's top competitors include Greenzie, Scythe Robotics and Kingdom Garden.
What products or services does Precise Path Robotics offer?
Precise Path Robotics offers INFINICUT FX & FL, INFINICUT SM Rotary, Grooming Tools, and Maintenance Tools.
Who are Precise Path Robotics's investors?
Precise Path Robotics has 1 investor. Key investors include MTD Products.
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