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Rethink Robotics

Private Company Ticker Symbol™: (RETROBP)

Business Summary

Rethink Robotics is a privately-held, venture capital backed developer of new generation intelligent robots designed to increase productivity and efficiency in manufacturing environments. Rethink Robotics is headquartered in Boston, Massachusetts.

Jump to Rethink Robotics: Detailed Business Description for more details on Rethink Robotics products and services, financial structure, Rethink Robotics major business events, and more.

Overview & Corporate Organization

Basic Information

Company Tags:VC Backed
Year Founded:2008
Formerly Named:Heartland Robotics
Fiscal Year End:12/31
City:Boston
State/Province:Massachusetts
Country:United States
Phone:View
Website:www.rethinkrobotics.com

Corporate Organization

Founders:
Rodney Brooks

Industry Information

Industry Codes

PICS™:10004™, 1501002
NAICS:View
SIC:View

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Charts, Financials, and Statistics (Table Format)

Below are Rethink Robotics financials and other business metrics displayed in table format.
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Income Statement2011
RevenuesView1
Notes
Financial Notes:
*Rethink Robotics fiscal year end: 12/31
1Rethink Robotics began commercializing its... read more.
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Rethink Robotics displays the venture capital rounds, angel investments, debt or other funding raised by Rethink Robotics.
All data before 2006 is completely free to view! To access data from 2006 onward:
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DateInvestorRoundInvestor Type
Dec. 2008ViewAVenture Capital
Dec. 2008ViewAVenture Capital
Dec. 2008ViewA
DetailsTotal Round A View
Sep. 2009ViewAVenture Capital
Sep. 2009ViewAVenture Capital
DetailsTotal Round A View
Nov. 2010ViewBVenture Capital
Nov. 2010ViewBVenture Capital
Nov. 2010ViewBVenture Capital
Nov. 2010ViewBVenture Capital
DetailsTotal Round B View
Jun. 2012ViewCVenture Capital
Jun. 2012ViewCVenture Capital
Jun. 2012ViewCVenture Capital
Jun. 2012ViewCVenture Capital
Jun. 2012ViewCVenture Capital
DetailsTotal Round C1 View
Total of Funding Shown Above View
Notes
1The funds will be used...Read More →
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Detailed Business Description: Rethink Robotics

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Rethink Robotics. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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BUSINESS OVERVIEW

Some of the products that Rethink Robotics offers are designed to automate complex, often highly detailed manual manufacturing processes. Rethink Robotics is currently dedicated to developing human-scale, highly dexterous and versatile industrial robots primarily targeted to small to midsize manufacturers, which can work in close association with people safely and efficiently. By combining hardware and software to their advantage, they plan to deliver new levels of performance and human interactivity in order to automate as many manufacturing processes in a typical factory as possible. Rethink Robotics wants to focus on manufacturing robots that would be so inexpensive that every factory would be able to afford one; the robots would help make workers more efficient and American factories competitive again.

Rethink Robotic’s primary focus since the much publicized funding by top tier VCs has been on “Baxter”, the culmination of nearly five years… Continue Reading →

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Supplemental Resources

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