About ReconRobotics
ReconRobotics is a company based in Minneapolis (United States) founded in 2006.. ReconRobotics has raised $2.14 million across 4 funding rounds. The company has 12 employees as of December 31, 2022. ReconRobotics offers products and services including Throwbot® 2 Robot, Operator Control Unit, and Conversion Kits. ReconRobotics operates in a competitive market with competitors including Knightscope, Roboteam, Cobalt Robotics, Insitu and ARX Robotics, among others.
- Headquarter Minneapolis, United States
- Employees 12 as on 31 Dec, 2022
-
Sectors
Industrial Goods & ManufacturingAerospace, Defense & Maritime
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$00as on Nov 12, 2013
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.14 M (USD)
in 4 rounds
-
Latest Funding Round
$100 K (USD), Seed
Nov 12, 2013
-
Investors
-
Employee Count
12
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ReconRobotics
ReconRobotics offers a comprehensive portfolio of products and services, including Throwbot® 2 Robot, Operator Control Unit, and Conversion Kits. 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.
Throwable micro-robot for instant video and audio reconnaissance in hostile areas.
Remote device for operating micro-robots in field operations.
Kits to enhance robot functionality for various mission types.
Unlock access to complete
Unlock access to complete
Funding Insights of ReconRobotics
ReconRobotics has successfully raised a total of $2.14M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in November 2013. 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 4
- Last Round Seed — $100,000
-
First Round
First Round
(22 Mar 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2013 | Amount | Seed - ReconRobotics | Valuation |
investors |
|
| Mar, 2013 | Amount | Unspecified - ReconRobotics | Valuation |
investors |
|
| Mar, 2013 | Amount | Seed - ReconRobotics | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by ReconRobotics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ReconRobotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reconrobotics Comparisons
Competitors of ReconRobotics
ReconRobotics 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 Knightscope, Roboteam, Cobalt Robotics, Insitu and ARX Robotics, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of cloud and AI-based robotic patrolling systems
|
|
| domain | founded_year | HQ Location |
Tactical ground robotic systems for defense applications are supplied.
|
|
| domain | founded_year | HQ Location |
Patrolling robots are supplied for security in commercial buildings.
|
|
| domain | founded_year | HQ Location |
Customized unmanned aerial systems and software solutions are provided.
|
|
| domain | founded_year | HQ Location |
Developer of autonomous, modular unmanned ground systems and sensors for military
|
|
| domain | founded_year | HQ Location |
Autonomous outdoor security solutions are provided using robotics and AI.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about ReconRobotics
When was ReconRobotics founded?
ReconRobotics was founded in 2006 and raised its 1st funding round 4 years after it was founded.
Where is ReconRobotics located?
ReconRobotics is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is ReconRobotics a funded company?
ReconRobotics is a funded company, having raised a total of $2.14M across 4 funding rounds to date. The company's 1st funding round was a Seed of $252.5K, raised on Mar 22, 2010.
How many employees does ReconRobotics have?
As of Dec 31, 2022, the latest employee count at ReconRobotics is 12.
What does ReconRobotics do?
ReconRobotics was founded in 2006 and is headquartered in Minneapolis, United States. Operations focus on the defense sector, where tactical and micro-robot systems are developed for military applications. Small robots are produced for surveillance, scouting, and reconnaissance in hazardous environments. Efforts are also directed toward unmanned aerial vehicles and vision processing technologies. Two-thirds of the staff were laid off following the loss of key military contracts.
Who are the top competitors of ReconRobotics?
ReconRobotics's top competitors include Knightscope, Roboteam and ARX Robotics.
What products or services does ReconRobotics offer?
ReconRobotics offers Throwbot® 2 Robot, Operator Control Unit, and Conversion Kits.