About Symb
Symb is a company based in Berkeley (United States) founded in 2014.. Symb has raised $56.1 million across 3 funding rounds from investors including ACME Capital, Andreessen Horowitz and Eclipse. The company has 43 employees as of December 31, 2020. Symb offers products and services including Pokies, Table Games, Live Dealer Games, and Bonuses and Promotions. Symb operates in a competitive market with competitors including Sea Machines, Ready Robotics, Teleo, Tomahawk Robotics and Blue Vision Labs, among others.
- Headquarter Berkeley, United States
- Employees 43 as on 31 Dec, 2020
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Symbio Robotics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56.1 M (USD)
in 3 rounds
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Latest Funding Round
$30 M (USD), Series C
Feb 24, 2021
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Investors
ACME Capital
& 3 more
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Employee Count
43
as on Dec 31, 2020
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Products & Services of Symb
Symb offers a comprehensive portfolio of products and services, including Pokies, Table Games, Live Dealer Games, and Bonuses and Promotions. 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.
Slot machine games from providers like Betsoft
Includes blackjack, roulette, and baccarat options
Real-time casino experiences with dealers
Offers like free spins and deposit matches
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Funding Insights of Symb
Symb has successfully raised a total of $56.1M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in February 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 Total Funding
- Total Rounds 3
- Last Round Series C — $30.0M
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First Round
First Round
(09 Apr 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series C - Symb | Valuation | ACME | |
| Sep, 2020 | Amount | Series B - Symb | Valuation |
investors |
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| Apr, 2018 | Amount | Series B - Symb | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Symb
Symb has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include ACME Capital, Andreessen Horowitz and Eclipse. 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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Early-stage investments are directed toward disruptive technologies and innovations.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Early-stage investments are made by Eclipse across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Symb
| 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 - Symb
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Symb Comparisons
Competitors of Symb
Symb 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 Sea Machines, Ready Robotics, Teleo, Tomahawk Robotics and Blue Vision Labs, 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 |
Unmanned surface vehicles are supplied for industrial maritime applications.
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| domain | founded_year | HQ Location |
Operating system for collaborative robots is developed using flowchart controls.
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| domain | founded_year | HQ Location |
Heavy machinery is operated remotely using supervised autonomy technology.
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| domain | founded_year | HQ Location |
Robots and control solutions are developed for enterprise tasks.
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| domain | founded_year | HQ Location |
Shared AR technology is developed for simultaneous multi-user experiences.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Latest news on Symb
Frequently Asked Questions about Symb
When was Symb founded?
Symb was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Symb located?
Symb is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Is Symb a funded company?
Symb is a funded company, having raised a total of $56.1M across 3 funding rounds to date. The company's 1st funding round was a Series B of $14.6M, raised on Apr 09, 2018.
How many employees does Symb have?
As of Dec 31, 2020, the latest employee count at Symb is 43.
What does Symb do?
Symb was founded in 2014 in Berkeley, United States, as a provider in the industrial robotics sector. AI is utilized by the company to capture and analyze sensor data in real time, allowing robots to learn tasks autonomously. Operations focus on developing software that integrates with existing robotic systems, supporting manufacturing and automation applications across various industries.
Who are the top competitors of Symb?
Symb's top competitors include Tomahawk Robotics, Ready Robotics and Vemcon.
What products or services does Symb offer?
Symb offers Pokies, Table Games, Live Dealer Games, and Bonuses and Promotions.
Who are Symb's investors?
Symb has 4 investors. Key investors include ACME Capital, Andreessen Horowitz, Eclipse, and The House Fund.
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