Locus Robotics develops autonomous mobile robots that streamline e-commerce fulfillment operations in warehouses. Its robots work collaboratively with human workers, autonomously transporting items to packing stations. Locus' fleet operates across 230+ sites worldwide, with some warehouses using up to 500 robots per location. The company's Robotics-as-a-Service (RaaS) model allows customers like DHL, CEVA, and Boots to deploy and scale automation without large upfront costs. In 2022, Locus' robots picked their 1 billionth item.
Locus Robotics was founded in 2014 by Bruce Welty and Rick Faulk, who previously built Quiet Logistics, a major 3PL that was acquired in 2021. In 2022, Locus raised a $117million Series F at a $2 billion valuation led by Goldman Sachs and G2 Venture Partners to fund global expansion. Total funding is now $416 million, and the company aims to extend its footprint in the $13billion+ warehouse automation market.
Locus offers employees the opportunity to work on cutting-edge robotics technology that is transforming the massive logistics industry. Team members can make an impact at a rapidly growing, well-funded company that is already a leader in its space.
2014
Founded
250-500
Employees
Series F
Stage
$2B
Latest Valuation
$200-400M
Total Funding
Nov 17 2022
Last Fundraise
Why is the rating
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