About Rethink Robotics
Rethink Robotics is an Industrial Goods & Manufacturing company based in Boston (United States) founded in 2008, and was acquired by HAHN Group in October 2018. Collaborative robots are developed for manufacturing to boost efficiency. Rethink Robotics has raised $149.52 million across 7 funding rounds from investors including Goldman Sachs, General Electric and Bezos Expeditions. The company has 51 employees. Its focus areas include High Tech, Industrial Robotics, Robot Manufacturers and Multi Utility Robots. Its competitors include RightHand Robotics, Gecko Robotics and Bright Machines; 3 of its 3 listed competitors have raised funding.
Company details
Rethink Robotics was founded in 2008 in Boston, United States, focusing on robotics for the manufacturing sector. Affordable, safe humanoid robots like Baxter are produced, allowing training via demonstration to simplify integration and cut costs. A research edition supports studies in human-robot collaboration, perception, and control for academic and corporate teams. Notable clients include Steelcase, GE, and John Deere. Investment has been secured from Bezos Expeditions.
- Headquarters Boston, United States
- Employees 51
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Website rethinkrobotics.com
- Social LinkedIn X Instagram
- Acquired by HAHN Group (Oct 2018)
- Total Equity Funding$149.52M (USD)
in 7 rounds
- Latest Funding Round$36.02M (USD), Series E
Aug 2017
- InvestorsGoldman Sachs
& 10 more
- Employee Count51
- Acquired byHAHN Group
(Oct 2018)
Funding Insights of Rethink Robotics
Rethink Robotics has successfully raised a total of $149.52M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $36.02 million completed in August 2017. 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 $149.52M
- Total Rounds 7
- Last Round Series E — $36.02M
- First Round $5M
(Jun 2008)
- Investors Count 10
All 7 funding rounds of Rethink 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 2017 | $36.02M | Series E | – | Schroders Capital | |
| Jan 2015 | $40M | Series D | – | General Electric | |
| Oct 2013 | $11.5M | Series C | – | Two Sigma Ventures | |
| Jun 2012 | $30M | Series C | – | Sigma Partners | |
| Nov 2010 | $20M | Series B | – | Highland Capital Partners, Sigma Partners | |
| Sep 2009 | $7M | Series A | – | – | |
| Jun 2008 | $5M | Series A | – | – |
11 investors in total: 11 institutional.
Investors in Rethink Robotics
Rethink Robotics has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, General Electric and Bezos Expeditions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management and philanthropic ventures linked to Bezos Expeditions. | bezosexpeditions.com | |||
CRV is recognized as a venture capital firm investing in technology startups. | crv.com | Palo Alto, United States | ||
Venture capital investment and entrepreneur support services. | hcp.com | |||
Early-stage VC investments are made in US, Canada, and Asia. | sigmapartners.com | Danville, United States | ||
US focused VC firm | dfj.com | Menlo Park, United States | ||
Early-stage investments in tech sectors are managed by the firm. | twosigmaventures.com | New York, United States | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Diversified operations are conducted across multiple industries worldwide. | 1892 | ge.com | United States | |
Manages private equity, real estate, and infrastructure investments for various investors. | 1997 | schroderscapital.com | London, United Kingdom | |
Diversified investment management services are provided to institutional clients. | wellington.com | Boston, United States |
Investor details for Rethink Robotics
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People of Rethink Robotics
7 people are tracked at Rethink Robotics (7 in leadership); the tracked headcount is 51.
| Name | Role | Group |
|---|---|---|
Daniel Bunse | CEO | Leadership |
Sebastian Maas | Head of Product & Quality Management | Leadership |
René Herbst | Head of Application Engineering | Leadership |
Christian Emmerich | Head of Software Development | Leadership |
Daniel Otto | Managing Director | Leadership |
Ferdinand Teuber | Head of International Business Development & Sales | Leadership |
Andreas Kietzmann | Director of Sales | Leadership |
Complete people profiles for Rethink Robotics
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Timeline of Rethink Robotics
4 dated milestones of Rethink Robotics across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Rethink Robotics is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series E, of $36.0M.
- Exit Acquired by HAHN Group.
Competitors of Rethink Robotics
Rethink Robotics has 3 listed competitors in our database, 3 of them funded. They include RightHand Robotics, Gecko Robotics and Bright Machines.
| 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. | |
| 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. |
Detailed competitors of Rethink Robotics
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Web traffic of Rethink Robotics
Websites that share an audience with Rethink Robotics (rethinkrobotics.com).
Websites whose visitors overlap most with Rethink Robotics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hansonrobotics.com | hansonrobotics.com | 100% | #926,728 | – | |
| neurala.com | 78% | 3.4K | #5,431,560 | View details | |
spectrum.ieee.org | spectrum.ieee.org | 78% | – | ||
| arrickrobotics.com | 65% | View details | |||
| irobot.com | 63% | 903.1K | #47,246 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Rethink Robotics
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- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Manufacturing Tech Solutions
3 companies that operate in the same segment as Rethink Robotics (Manufacturing Tech Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M |
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Related news about Rethink Robotics
Complete news archive for Rethink Robotics
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Frequently Asked Questions about Rethink Robotics
Rethink Robotics was founded in 2008.
Rethink Robotics is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Rethink Robotics is a funded company, having raised a total of $149.52M across 7 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jun 2008.
Rethink Robotics has 51 employees.
Rethink Robotics was founded in 2008 in Boston, United States, focusing on robotics for the manufacturing sector. Affordable, safe humanoid robots like Baxter are produced, allowing training via demonstration to simplify integration and cut costs. A research edition supports studies in human-robot collaboration, perception, and control for academic and corporate teams. Notable clients include Steelcase, GE, and John Deere. Investment has been secured from Bezos Expeditions.
Rethink Robotics's top competitors include Gecko Robotics, RightHand Robotics and Bright Machines.
Rethink Robotics has 11 investors. Key investors include Goldman Sachs, General Electric, Bezos Expeditions, CRV, and Highland Capital Partners.
Yes. Rethink Robotics was acquired by HAHN Group in October 2018.