About Soft Robotics
Soft Robotics is a company based in Cambridge (United States) founded in 2013. Soft Robotics has raised $84 million across 5 funding rounds from investors including Honeywell, ABB and Marel. Soft Robotics offers products and services including Visual AI Inspection Systems and Vision-Guided Pick & Place Robotic Systems. Soft Robotics operates in a competitive market with competitors including Omnigrasp, Soft Robot Gripper, Snap Robotics and Punyo, among others.
- Headquarter Cambridge, United States
- SectorsIndustrial Goods & Manufacturing
- Website softroboticsinc.com
- Social LinkedIn X YouTube
- Legal Name Soft Robotics, Inc.
- Total Equity Funding$84M (USD)
in 5 rounds
- Latest Funding Round$26M (USD), Series C
Nov 2022
- InvestorsHoneywell
& 15 more
Products & Services of Soft Robotics
Soft Robotics offers a comprehensive portfolio of products and services, including Visual AI Inspection Systems and Vision-Guided Pick & Place Robotic Systems.
Enables automated quality checks in manufacturing environments
Facilitates precise robotic movements for assembly tasks
Apps and channels of Soft Robotics
its YouTube channel Oxipital AI has 3.25K subscribers and 30 videos.
Videos from Soft Robotics
The most watched videos on Soft Robotics's YouTube channel, Oxipital AI (3.25K subscribers). Click a video to play it here.
More on Oxipital AI.
Funding Insights of Soft Robotics
Soft Robotics has successfully raised a total of $84M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $26 million completed in November 2022. 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 $84M
- Total Rounds 5
- Last Round Series C — $26M
- First Round $5M
(Dec 2015)
- Investors Count 16
All 5 funding rounds of Soft 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 |
|---|---|---|---|---|---|
| Nov 2022 | $26M | Series C | – | Tyson Ventures | |
| Jun 2021 | $10M | Series B | – | Material Impact, Scale Venture Partners | |
| Jan 2020 | $23M | Series B | – | Calibrate Ventures, Material Impact | |
| May 2018 | $20M | Series B | – | Hyperplane | |
| Dec 2015 | $5M | Series A | – | Material Impact |
16 investors in total: 16 institutional.
Investors in Soft Robotics
Soft Robotics has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Honeywell, ABB and Marel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tyson Ventures is engaged in private investment and advisory services. | – | tysonventures.org | Austin, United States | |
Early-stage venture capital investments are focused on US companies. | – | scalevp.com | Foster City, United States | |
Tech-focused VC firm funding companies in the US | – | calibratevc.com | Pasadena, United States | |
Venture capital firm backed by Tekfen Holding | – | tekfenventures.com | New York, United States | |
Hyperplane is engaged in providing seed capital to startups. | – | hyperplane.vc | Boston, United States | |
- | – | yamahamotor.vc | - | |
Online slot gaming platform with QRIS payment integration. | – | haiyincapital.com | - | |
- | – | honeywell.com/en-us/company/ventures | - | |
Meat processing equipment is manufactured by Marel in Iceland. | 1996 | marel.com | Reykjavik, Iceland | |
- | – | johnsonville.com | - |
Investor details for Soft Robotics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Soft Robotics
29 people are tracked at Soft Robotics (10 in leadership, 19 in team).
| Name | Role | Group |
|---|---|---|
Austin Harvey | VP of Product & Marketing | Leadership |
Erica Burns | Director Of Quality & Regulatory | Leadership |
Mark Chiappetta | COO & CTO | Leadership |
Michelle Toolin | VP, Finance | Leadership |
Alizée Chevalier | Human Resources Director | Leadership |
Paul C Balutis | Vice President Operations & Program Management | Leadership |
Mike Welborn | Director Of Business Development | Leadership |
Julie Collura | Director, Marketing Communications | Leadership |
Mike Bassett | VP of Engineering | Leadership |
Jonah McBride | Director of Software | Leadership |
Alex Neufeld | Senior Application Engineer | Team |
Cuauhtemoc Magaña | Engenheiro de desenvolvimento de software | Team |
Dave Ferreira | Sales Operations Lead | Team |
Robert Douthart | Sr Principal Electrical Engineer | Team |
Ben Derrick | Inside Sales Manager | Team |
Christopher Tucker | Principal Software Engineer | Team |
Robiul Hasan | Software Developer | Team |
Jamison Abbott | Principal Software Engineer | Team |
Sarah Mahmoud | Software Test Engineer | Team |
Junhua Tang | Software Engineer | Team |
9 more people are available in the full profile.
Complete people profiles for Soft Robotics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Soft Robotics
3 dated milestones of Soft Robotics across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Soft Robotics is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series C, of $26.0M.
Competitors of Soft Robotics
Soft 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 Omnigrasp, Soft Robot Gripper, Snap Robotics and Punyo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| omnigrasp.com | 2022 | Bari, Italy | – | 1 | Electroadhesion-based soft grippers are manufactured for industrial applications. | |
| softrobotgripper.com | 2016 | Beijing, China | – | – | Develops and manufactures soft robot grippers for industrial automation applications worldwide. | |
| snaprobotics.co | 2021 | Singapore | – | – | Creates soft grippers for food assembly, electronics packaging, and waste processing. | |
| punyo.tech | 2021 | Los Altos, United States | – | – | Provides innovative solutions for soft robotic grippers. |
Detailed competitors of Soft Robotics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Soft Robotics
The website of Soft Robotics (softroboticsinc.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▼ 28.7% vs previous month
Latest news on Soft Robotics
Complete news archive for Soft Robotics
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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Verified entity values are shown only after access is granted.
Similar companies to Soft Robotics
10 companies that operate in the same segment as Soft Robotics (Industrial Automation & Robotics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Diversified electronics and automation equipment are manufactured and supplied. | 1885 | United States | USD 1.13 M | USD 37.44 B | 6,810 | |
Manufacturer of Industrial and Consumer Electric Equipment | 1937 | Mumbai, Maharashtra, India | – | USD 1.32 B | 4,840 | |
AI and SaaS-based robots for warehouse automation are provided. | 2012 | Roswell, United States | USD 545.23 M | USD 39.76 M | 553 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Energy management and automation solutions are provided globally. | 1836 | Rueil-malmaison, Hauts-de-seine, France | – | USD 39.63 B | 2,020 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | – | |
Robotic waterjet system for prostate tissue removal is developed. | 2009 | Redwood City, California, United States | USD 348.84 M | USD 308.05 M | 756 | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Collaborative surgical robotic systems are provided for hospital procedures. | 2014 | Cambridge, Cambridgeshire, United Kingdom | USD 1.32 B | – | – |
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Frequently Asked Questions about Soft Robotics
Soft Robotics was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Soft Robotics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Soft Robotics is a funded company, having raised a total of $84M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Dec 2015.
Soft Robotics was founded in 2013 in Cambridge, United States, within the robotics sector focused on warehouse logistics automation. Soft robotic grippers with food-safe, air-actuated elastomeric ends are developed to handle objects varying in size, shape, and weight. Control systems and software solutions are offered to adjust parameters such as force, actuator spacing, and opening width, supporting industrial applications.
Soft Robotics's top competitors include Omnigrasp, Soft Robot Gripper and Snap Robotics.
Soft Robotics offers Visual AI Inspection Systems and Vision-Guided Pick & Place Robotic Systems.
Soft Robotics has 16 investors. Key investors include Honeywell, ABB, Marel, Taylor Farms, and FANUC.
Soft Robotics operates through Soft Robotics, Inc..