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
- SectorsTechnologyIndustrial Goods & Manufacturing
- Email••••••••
- Website rapidrobotics.com
- Social LinkedIn X
- Acquired by RobCo (Sep 2025)
- Total Equity Funding$54.2M (USD)
in 3 rounds
- Latest Funding Round$36.7M (USD), Series B
Aug 2021
- InvestorsKleiner Perkins
& 6 more
- Acquired byRobCo
(Sep 2025)
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.
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.
- Total Funding $54.2M
- Total Rounds 3
- Last Round Series B — $36.7M
- First Round $5.5M
(Nov 2020)
- Investors Count 6
All 3 funding rounds of Rapid 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 |
|---|---|---|---|---|---|
| Aug 2021 | $36.7M | Series B | – | Kleiner Perkins, Tiger Global Management | |
| Apr 2021 | $12M | Series A | – | New Enterprise Associates | |
| Nov 2020 | $5.5M | Seed | – | Greycroft, Bee Partners | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Venture and private equity investments are managed with global diversification. | – | tigerglobal.com | New York, United States | |
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
Multiple sectors are targeted for venture capital investments by Greycroft. | – | greycroft.com | New York, United States | |
Seed and early-stage micro investments are targeted in the US. | – | beepartners.vc | San Francisco, United States | |
Venture capital funding is provided to early-stage startups from Berlin. | – | 468cap.com | Berlin, Germany | |
- | – | rob.co | - |
Investor details for Rapid Robotics
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People of Rapid Robotics
7 people are tracked at Rapid Robotics (4 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Ruddick Lawrence | Co-Founder | Leadership |
Jordan Kretchmer | Co-Founder & CEO | Leadership |
Erin Veneziano, SHRM-CP, CSM | Vice President, People | Leadership |
Aaron Jacobson | Director | Leadership |
Megan McDonnell | Business Development | Team |
Andrew Owolabi | Staff Mechanical Engineer | Team |
Jessie Jensen | Senior Account Executive | Team |
Complete people profiles for Rapid Robotics
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Timeline of Rapid Robotics
4 dated milestones of Rapid Robotics across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Rapid Robotics is founded.
- Funding First funding round of $5.5M.
- Funding Latest funding round, Series B, of $36.7M.
- Exit Acquired by RobCo.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| righthandrobotics.com | 2014 | Cambridge, United States | $125.32M | 57 | AI-enabled robotic grippers for object picking are provided. | |
| agile-robots.com | 2018 | Munich, Germany | $250M | 116 | Deep learning-based vision for autonomous robot perception is provided. | |
| geckorobotics.com | 2013 | Pittsburgh, United States | $354.25M | 223 | Wall-climbing robots are developed for boiler inspections at power plants. | |
| brightmachines.com | 2018 | San Francisco, United States | $385M | – | Full-stack automation solutions for electronics manufacturing are provided. | |
| vicarious.com | 2010 | San Francisco, United States | $123.02M | 175 | AI-based robotic arms are developed for industrial automation tasks. | |
| mujin.co.jp | 2011 | Chuo, Japan | $109.62M | – | Intelligent automation solutions for industrial robots are developed and provided. | |
| rethinkrobotics.com | 2008 | Boston, United States | $149.52M | 51 | Collaborative robots are developed for manufacturing to boost efficiency. | |
| osaro.com | 2014 | San Francisco, United States | $86.75M | 58 | Provider of pick and place robotic solutions | |
| co.bot | 2022 | Santa Clara, United States | $140M | – | Intelligent robots are developed for collaboration with humans in workplaces. | |
| yaskawa-global.com | 1915 | Germany | – | – | Motion control, robotics, and system engineering solutions are provided globally. |
Detailed competitors of Rapid Robotics
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Latest news on Rapid Robotics
Complete news archive for Rapid Robotics
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Similar companies to Rapid Robotics
10 companies that operate in the same segment as Rapid Robotics (Computer Vision & Imaging AI), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 666.69 M | USD 307.73 M | 970 | |
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 2,193 | |
Provider of SDK for smart data capture from barcodes, files, and IDs | 2009 | Zurich, Switzerland | USD 273.1 M | – | – | |
Cloud-based analytics solutions for retail shelf management are delivered. | 2010 | Singapore, Singapore | USD 1.03 B | – | – | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, China | USD 1.98 B | – | – | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 | |
AI-driven dashcams and road safety solutions are provided for drivers. | 2015 | Tel Aviv, Israel | USD 149.5 M | – | – | |
Autonomous drones, software, and accessories are manufactured for various sectors. | 2014 | San Mateo, California, United States | USD 825 M | – | 723 |
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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. The company's 1st funding round was a Seed of $5.5M, raised on Nov 2020.
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.
Yes. Rapid Robotics was acquired by RobCo in September 2025.