Symbotic

Wilmington, United States Founded: 2007 • Age: 19 yrs Acquired By Walmart
Warehouse automation solutions are developed using AI and robotics technology.
Annual revenue $2.2B Latest available
Total funding - Funding intelligence
Employees 1650 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Symbotic

Symbotic is a company based in Wilmington (United States) founded in 2007 by Richard B Cohen was acquired by Walmart in June 2022. The company has 1,650 employees as of September 30, 2024. Symbotic has completed 3 acquisitions, including Fox Robotics, OhmniLabs and Veo Robotics. Symbotic offers products and services including Symbotic System, A.I.-Powered Software, and Intelligent Robotics. Symbotic operates in a competitive market with competitors including GreyOrange, Third Wave Automation, RightHand Robotics, Kindred and Agility Robotics, among others.

  • Headquarter Wilmington, United States
  • Employees 1650 as on 30 Sep, 2024
  • Founders Richard B Cohen
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
    Industrial Goods & Manufacturing Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Symbotic Inc.
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.25 B (USD)
    25.65
    as on Sep 30, 2025
  • Net Profit
    -$16.94 M (USD)
    -25.55
    as on Sep 30, 2025
  • EBITDA
    -$37.4 M (USD)
    37.13
    as on Sep 30, 2025
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1650

    as on Sep 30, 2024

  • Investments & Acquisitions
  • Acquired by
    Walmart

    (Jun 21, 2022)

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IPO & Listings of Symbotic

Symbotic is a publicly listed company on the NASDAQ with ticker symbol SYM in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: SYM · Sector: Producer manufacturing · USA

Products & Services of Symbotic

Symbotic offers a comprehensive portfolio of products and services, including Symbotic System, A.I.-Powered Software, and Intelligent Robotics.

Product name locked
Category locked
Primary

End-to-end platform for transforming supply chain operations.

Product name locked
Category locked
Locked

Orchestrates robots to optimize warehouse efficiency and accuracy.

Product name locked
Category locked
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Autonomous robots with vision for speed and precise handling.

People of Symbotic

Headcount 500-1000
Employee Profiles 455
Board Members and Advisors 1
Employee Profiles
People
Noah Ponte
Director, Site Installations
People
Holly O'Connor
Project Manager
People
Akram Ebeid
Warranty Manager
People
Mitchell Kreisel
Manager - Commissioning Services

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Board Members and Advisors
people
Merline Saintil
Board Member; Chair Of Nom & Gov

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Funding Insights of Symbotic

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Detailed funding history for Symbotic

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Investors in Symbotic

Symbotic has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Walmart.

All
Institutional
Investor Description Founded Year Domain Location
Multinational retail corporation
Locked Locked Locked
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Investor details for Symbotic

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Investments & Acquisitions by Symbotic

Symbotic has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Fox Robotics, OhmniLabs and Veo Robotics.

Investments
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Investment portfolio details for Symbotic

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Palletizing robots for warehouse automation are manufactured and deployed.
Locked Locked 2018 Locked
Safety systems for robots are developed with depth-sensing cameras.
Locked Locked 2016 Locked
Telepresence robots are developed for elderly home connectivity and monitoring.
Locked Locked 2015 Locked
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Complete acquisition details for Symbotic

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Financial Statements - Symbotic

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Detailed financials for Symbotic

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Symbotic Comparisons

Symbotic Primary company
Description
Warehouse automation solutions are developed using AI and ro...
Location
Wilmington, United States
Founded Year
2007
Annual Revenue
$2.25 B (USD)
Net Profit
-$16.94 M (USD)
EBITDA
-$37.4 M (USD)
Employees
1,650
As of 2024
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Peer comparison for Symbotic

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Competitors of Symbotic

Symbotic 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 GreyOrange, Third Wave Automation, RightHand Robotics, Kindred and Agility Robotics, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI and SaaS-based robots for warehouse automation are provided.
Locked Locked Locked
AI and cloud-driven automation is delivered for warehouse material handling.
Locked Locked Locked
AI-enabled robotic grippers for object picking are provided.
Locked Locked Locked
Provider of a pick and place robot for e-commerce applications
Locked Locked Locked
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
Locked Locked Locked
Automated robotic solutions are provided for warehouse operations.
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Detailed competitors of Symbotic

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  • Full company profiles
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Latest news on Symbotic

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Complete news archive for Symbotic

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Frequently Asked Questions about Symbotic

Symbotic was founded in 2007.

Symbotic is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

Richard B Cohen is the current CEO of Symbotic. They have also founded this company.

As of Sep 30, 2024, the latest employee count at Symbotic is 1,650.

Annual revenue of Symbotic is $2.25B as on Sep 30, 2025.

Symbotic was founded in 2007 in Wilmington, United States, and operates in the warehouse automation sector. AI and robotics are utilized to create material handling systems, including proprietary automated guided vehicles (AGVs) that transport racks to picking stations. Modular components such as pick-and-put racks and robots are offered, allowing scalability for various warehouse operations.

Symbotic's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.

Symbotic offers Symbotic System, A.I.-Powered Software, and Intelligent Robotics.

Yes, Symbotic is publicly traded on NASDAQ under the ticker symbol SYM.

Symbotic has made 3 acquisitions, including Fox Robotics, OhmniLabs, and Veo Robotics.

Symbotic has 1 investor. Key investors include Walmart.

The ticker symbol of Symbotic is SYM on NASDAQ.

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