Locus Robotics Corp | VCINVEST DATA

Locus Robotics' revolutionary, multi-bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively with human workers to dramatically improve piece-handling productivity 2 – 3x, with less labor compared to traditional piece handling systems. This award-winning solution helps retailers, 3PLs, and specialty warehouses efficiently meet and exceed the increasingly complex and demanding requirements of fulfillment environments, easily integrating into existing warehouse infrastructures without disrupting workflows, instantly transforming productivity without transforming the warehouse. In 2021 Locus Robotics made the list of Inc. 500, ranking number 428.

Funding

Funding rounds

Series E USD 50,000,000

USD 50,000,000 (14 Sep 2021)

Funding to facilitate continued growth and expansion into new markets around the globe, and more effectively meet the needs of its growing customer and partner ecosystem.

Investor		Profile	Country	Notes
	Tiger Global Management LLC	Investment firm focused on public and private companies in the global Internet, software, consumer, and financial technology industries.	United States	USD 50,000,000 (USD 50,000,000). Follow-on investment. Led the round.

Series E

(1 Feb 2021)

Investor		Profile	Country	Notes
	Tiger Global Management LLC	Investment firm focused on public and private companies in the global Internet, software, consumer, and financial technology industries.	United States	Initial investment. Round participant.

Series C USD 26,000,000

USD 26,000,000 (22 Apr 2019)

Investor		Profile	Country	Notes
	Scale Management LLC	Early-stage venture capital firm that invests in Series A and Series B rounds.	United States	Led the round.
	Zebra Ventures			Led the round.

Series B USD 25,000,000

USD 25,000,000 (20 Nov 2017)

Investor		Profile	Country	Notes
	Scale Management LLC	Early-stage venture capital firm that invests in Series A and Series B rounds.	United States	Led the round. Rory O'Driscoll

Series A USD 8,000,000

USD 8,000,000 (26 May 2016)

N/A

Investor		Profile	Country	Notes
	Bond Capital	Global technology investment firm that supports visionary founders throughout their entire life cycle of innovation & growth.	United States	Initial investment. Round participant.

Cap Table

Current and past shareholders

	Contacts	Round
Bond Capital Global technology investment firm that supports visionary founders throughout their entire life cycle of innovation & growth.	+1 (415) 966-2244	N/A
Scale Management LLC Early-stage venture capital firm that invests in Series A and Series B rounds.	+1 (650) 378-6000	Series B Series C
Tiger Global Management LLC Investment firm focused on public and private companies in the global Internet, software, consumer, and financial technology industries.		Series E
Zebra Ventures		Series C