About Precise Path Robotics
Precise Path Robotics is a Business Services company based in Indianapolis (United States) founded in 2006, and was acquired by MTD Products in January 2015. Robotic lawn mower for mowing golf courses. It operates in the Business Services and Industrial Goods & Manufacturing sectors. Precise Path Robotics has raised $11.46 million across 7 funding rounds from investors including MTD Products. The company was acqui-hired. Precise Path Robotics offers products and services including INFINICUT FX & FL, INFINICUT SM Rotary, Grooming Tools, and Maintenance Tools. Its focus areas include High Tech, Professional Service Robots, Cleaning and Commercial Maintenance. Its legal entity is PRECISE PATH ROBOTICS INC. Its competitors include Scythe Robotics, Greenzie and Robin Autopilot; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Indianapolis, United States
- Stage Acquired
- SectorsBusiness ServicesIndustrial Goods & Manufacturing
- Website precisepath.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by MTD Products (Jan 2015)
- Legal Name Precise Path Robotics Inc
- Total Equity Funding$11.46M (USD)
in 7 rounds
- Latest Funding Round$300K (USD), Series A
Jun 2012
- Investors
- Acquired byMTD Products
(Jan 2015)
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.
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.
Apps and channels of Precise Path Robotics
its YouTube channel Infinicut has 14 subscribers and 1 videos.
Videos from Precise Path Robotics
The most watched videos on Precise Path Robotics's YouTube channel, Infinicut (14 subscribers). Click a video to play it here.
More on Infinicut.
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 $11.46M
- Total Rounds 7
- Last Round Series A — $300,000
- First Round $3.7M
(Nov 2009)
All 7 funding rounds of Precise Path Robotics 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 |
|---|---|---|---|---|---|
| Jun 2012 | $300,000 | Series A | – | – | – |
| Jun 2012 | $1.3M | Series A | – | – | – |
| Dec 2011 | $250,000 | Series A | – | – | – |
| May 2011 | $1.31M | Series A | – | – | – |
| Aug 2010 | $4.5M | Series A | – | – | – |
| Mar 2010 | $100,000 | Series A | – | – | – |
| Nov 2009 | $3.7M | Series A | – | – | – |
1 investors in total: 1 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of robotic lawnmower systems | 1932 | mtdproducts.com | Valley City, United States |
Investor details for Precise Path Robotics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Precise Path Robotics
4 dated milestones of Precise Path Robotics across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Precise Path Robotics is founded.
- Funding First funding round of $3.7M.
- Funding Latest funding round, Series A, of $300K.
- Exit Acquired by MTD Products.
Competitors of Precise Path Robotics
Precise Path Robotics has 3 listed competitors in our database, 3 of them funded. They include Scythe Robotics, Greenzie and Robin Autopilot.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| scytherobotics.com | 2018 | Longmont, United States | $93.05M | Electric autonomous lawn mowers are provided for landscaping needs. | ||
| greenzie.com | 2015 | Atlanta, United States | $17.75M | 15 | Web-based robotic solutions for industrial lawn mowing are provided. | |
| robinautopilot.com | 2015 | Dallas, United States | $3.4M | 5 | Provider of automatic lawnmowers |
Detailed competitors of Precise Path Robotics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Facility Management Platforms
3 companies that operate in the same segment as Precise Path Robotics (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | 2,458 | ||
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | 463 | ||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Frequently Asked Questions about Precise Path Robotics
Precise Path Robotics was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Precise Path Robotics is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
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 $3.7M, raised on Nov 2009.
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.
Precise Path Robotics's top competitors include Greenzie, Scythe Robotics and Robin Autopilot.
Precise Path Robotics offers INFINICUT FX & FL, INFINICUT SM Rotary, Grooming Tools, and Maintenance Tools.
Precise Path Robotics has 1 investor. Key investors include MTD Products.
Precise Path Robotics operates through Precise Path Robotics Inc.
Yes. Precise Path Robotics was acquired by MTD Products in January 2015.