Locus Robotics develops autonomous mobile robots (AMRs) designed to streamline warehouse operations, reduce walking time, and enhance human productivity. The company integrates AI and analytics to provide real-time business intelligence, supporting multiple languages and offering gamified user experiences. Serving major sectors such as e-commerce, healthcare, and retail, Locus helps fulfillment centers move inventory more efficiently while minimizing labor strain. Its solutions are deployed in numerous facilities worldwide, driving more innovative warehouse automation at scale.
What Is Locus Robotics and What Does It Do?
Locus Robotics, founded in 2014 by Bruce Welty, is a Wilmington (United States)-based logistics technology company. It provides automated robotic solutions for warehouses, offering tools like multi-language support, accessory ports, and business intelligence dashboards.
Locus Robotics employs approximately 375 people, and autonomous robots work collaboratively with humans to improve order fulfillment, reduce operational inefficiencies, and enable scalable warehouse automation.
Its robotics-as-a-service model has made it a trusted partner for global logistics and e-commerce leaders.
How Much Funding Has Locus Robotics Raised?
1. Series F
- Amount Raised: $117M
- Date: November 2022
- Lead Investors: Stack Capital Group, G2VP, Goldman Sachs Investment Partners, Bond Capital, Scale Venture Partners, Hercules Capital, SVB, GCCP, Newton Investment Management, HESTA, Stafford Capital Partners
- Motivation: To expand robotic deployment capacity and strengthen global operations.
2. Series E
- Amount Raised: $50M
- Date: September 2021
- Lead Investors: Tiger Global Management
- Motivation: To accelerate product development and scale international warehouse automation initiatives.
3. Series E
- Amount Raised: $151M
- Date: February 2021
- Lead Investors: Tiger Global Management, Bond Capital, Scale Venture Partners, Prologis
- Motivation: To fuel global growth and expand R&D in robotics and AI.
Total Funding Raised: $438 Million
Current Valuation: $2 Billion (as of November 2022)
Latest Funding Date: November 2022
Key Investors
1. Tiger Global Management
- Details: A U.S.-based investment firm backing leading tech and automation companies.
- Investment Focus Areas: Robotics, AI, enterprise software, and e-commerce infrastructure.
- Notable Investments: Flipkart, UiPath, and Stripe.
2. Goldman Sachs Investment Partners
- Details: The venture capital arm of Goldman Sachs supporting disruptive technology startups.
- Investment Focus Areas: Fintech, AI, logistics, and enterprise automation.
- Notable Investments: Plaid, Zoom, and Toast.
3. Bond Capital
- Details: A growth-stage investment firm founded by Mary Meeker, focusing on high-potential tech companies.
- Investment Focus Areas: Digital transformation, robotics, and enterprise innovation.
- Notable Investments: Airbnb, Canva, and Spotify.
Where Is Locus Robotics’ Headquarters?
Locus Robotics is headquartered in Wilmington, Massachusetts, offering proximity to Boston’s rich robotics and AI ecosystem. The location enables the company to collaborate with top-tier universities and talent pools, supporting ongoing innovation in warehouse automation.
What’s Next for Locus Robotics?
Locus Robotics aims to expand its footprint across Europe and Asia while advancing its AI-driven warehouse optimization technology. The company plans to introduce next-generation robots designed for high-volume fulfillment centers, focusing on flexibility, speed, and human-robot collaboration.
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