About Root Robotics
Root Robotics is a company based in Cambridge (United States) founded in 2016 was acquired by iRobot in June 2019.. Root Robotics operates in a competitive market with competitors including Robosen, Makeblock, Robo Wunderkind, Luxrobo and Modular Robotics, among others.
- Headquarter Cambridge, United States
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Sectors
TechnologyEducation
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Email
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Phone
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Website
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Social
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Funding Insights of Root Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Root Robotics
Root Robotics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include iRobot. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Domestic cleaning robots are provided by iRobot.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Root Robotics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Root Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Root Robotics Comparisons
Competitors of Root Robotics
Root 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 Robosen, Makeblock, Robo Wunderkind, Luxrobo and Modular 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 |
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| domain | founded_year | HQ Location |
Transformer robots for entertainment and education are developed by Robosen.
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Robotic kits for coding education are offered by Makeblock.
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Smartphone controlled robotic device for kids to learn coding and robotics
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DIY robot kits for code learning are provided by Luxrobo.
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Modular robot kits are built for children's reconfigurable creations.
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Robots are offered for STEAM learning via AI-powered educational platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Root Robotics
When was Root Robotics founded?
Root Robotics was founded in 2016.
Where is Root Robotics located?
Root Robotics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
What does Root Robotics do?
Root Robotics was founded in 2016 in Cambridge, United States, focusing on educational robotics. Hexagonal robots are produced to support coding instruction in classrooms, programmed via a tablet app named Square. Capabilities include magnetic adhesion to whiteboards, position tracking, ambient light detection, color scanning, and touch sensing. Markers can be attached for pattern sketching. Initial development took place at Harvard Universitys Wyss Institute.
Who are the top competitors of Root Robotics?
Root Robotics's top competitors include Shape Robotics, Robo Wunderkind and Makeblock.
Who are Root Robotics's investors?
Root Robotics has 1 investor. Key investors include iRobot.