About Rapid Robotics
Rapid Robotics is a company based in San Francisco (United States) founded in 2019 by Ruddick Lawrence and Jordan Kretchmer was acquired by RobCo in September 2025. Rapid Robotics has raised $54.2 million across 3 funding rounds from investors including Kleiner Perkins, Tiger Global and NEA. Rapid Robotics offers products and services including Rapid 3PRO. Rapid Robotics operates in a competitive market with competitors including RightHand Robotics, Agile Robots, Gecko Robotics, Bright Machines and Vicarious, among others.
- Headquarter San Francisco, United States
- Founders Ruddick Lawrence, Jordan Kretchmer
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Sectors
TechnologyIndustrial 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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$54.2 M (USD)
in 3 rounds
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Latest Funding Round
$36.7 M (USD), Series B
Aug 18, 2021
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Investors
Kleiner Perkins
& 6 more
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Employee Count
Not available
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Acquired by
RobCo
(Sep 10, 2025)
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Products & Services of Rapid Robotics
Rapid Robotics offers a comprehensive portfolio of products and services, including Rapid 3PRO.
Robot for repetitive tasks in manufacturing to improve efficiency.
People of Rapid Robotics
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Leadership Team
3 people
Sales and Marketing
1 people
Human Resources and Administration
1 people
Staff Team
1 people
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Funding Insights of Rapid Robotics
Rapid Robotics has successfully raised a total of $54.2M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $36.7 million completed in August 2021. 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 Rapid Robotics
Rapid Robotics has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Kleiner Perkins, Tiger Global and NEA.
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Venture and private equity investments are managed with global diversification.
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Venture capital investments are offered to startups by NEA.
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Investor details for Rapid Robotics
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Investments & Acquisitions by Rapid Robotics
Investment portfolio details for Rapid Robotics
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Financial Statements - Rapid Robotics
Detailed financials for Rapid Robotics
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Rapid Robotics Comparisons
Peer comparison for Rapid Robotics
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Competitors of Rapid Robotics
Rapid 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 RightHand Robotics, Agile Robots, Gecko Robotics, Bright Machines and Vicarious, among others.
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AI-enabled robotic grippers for object picking are provided.
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Deep learning-based vision for autonomous robot perception is provided.
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Wall-climbing robots are developed for boiler inspections at power plants.
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Full-stack automation solutions for electronics manufacturing are provided.
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AI-based robotic arms are developed for industrial automation tasks.
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Intelligent automation solutions for industrial robots are developed and provided.
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Detailed competitors of Rapid Robotics
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Latest news on Rapid Robotics
Complete news archive for Rapid Robotics
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Frequently Asked Questions about Rapid Robotics
Rapid Robotics was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Rapid Robotics is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Jordan Kretchmer is the current CEO of Rapid Robotics. They have also founded this company.
Rapid Robotics is a funded company, having raised a total of $54.2M across 3 funding rounds to date.
Rapid Robotics was founded in 2019 and is headquartered in San Francisco, United States. Industrial collaborative robots, known as cobots, are developed and supplied by the company for various applications in the automation sector. These include welding, molding, stapling, pick-and-place operations, and inspection tasks. Operations focus on multi-utility solutions to support manufacturing and industrial processes across different industries.
Rapid Robotics's top competitors include Vicarious, Yaskawa and Gecko Robotics.
Rapid Robotics offers Rapid 3PRO.
Rapid Robotics has 7 investors. Key investors include Kleiner Perkins, Tiger Global, NEA, Greycroft, and Bee Partners.