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iRobot

company

About

iRobot is a technology company that designs and builds behavior-based AI robots.

  • 501 - 1000

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$10M
Industries
Artificial Intelligence,Hardware,Machine Learning,Robotics
Founded date
Jan 1, 1990
Number Of Employee
501 - 1000
Operating Status
Active

iRobot designs and builds robots that empower people to do more. The company's home robots help people find smarter ways to clean and accomplish more in their daily lives. iRobot's portfolio of solutions features proprietary technologies for the connected home and advanced concepts in navigation, mobility, manipulation and artificial intelligence.

iRobot was founded in 1990 by Massachusetts Institute of Technology roboticists with the vision of making practical robots a reality. iRobot's home robots are revolutionizing the way people clean – inside and out. More than 15 million home robots have been sold worldwide. The award-winning iRobot Roomba® Vacuum Cleaning Robot is leading the charge. Roomba made practical robots a reality for the first time and showed the world that robots are here to stay. iRobot's acclaimed line of home robots also includes the iRobot Scooba® Floor Scrubbing Robot, the iRobot Braava™ Floor Mopping Robot, the iRobot Mirra™ Pool Cleaning Robot and the iRobot Looj® Gutter Cleaning Robot.

In 2015, iRobot generated $617 million in revenue and employed more than 600 of the robot industry's top professionals, including mechanical, electrical and software engineers and related support staff.

iRobot stock trades on the NASDAQ stock market under the ticker symbol IRBT.

iRobot's corporate headquarters are located in Bedford, Mass. The company also has offices in California, the United Kingdom, Shanghai and Hong Kong.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$30M
iRobot has raised a total of $30M in funding over 2 rounds. Their latest funding was raised on Nov 26, 2004 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 26, 2004 Series Unknown $10M 1 Detail
May 30, 2003 Series Unknown $13M 1 Detail
Oct 1, 2001 Series Unknown $7M 2 Detail

Investments

Number of Investments
Number of Lead Investments
5
0
iRobot has made 5 investments. Their most recent investment was on Apr 27, 2022, when Sense raised $127.60M.
Date Company Name
Round Money Raised Industry Lead Investor
Apr 27, 2022 Sense
Series C $127.60M Consumer Electronics
Jul 29, 2019 Sense
Series B $10M Consumer Electronics
Oct 4, 2018 Sense
Series B $18M Consumer Electronics
May 9, 2017 Owl Labs
Series A $6M Hardware
Jun 15, 2015 Owl Labs
Seed $1.30M Hardware

Investors

Number of Lead Investors
Number of Investors
2
iRobot is funded by 2 investors. First Albany Companies and Robotic Ventures LLC are the most recent investors.
Investor Name Lead Investor Funding Round
First Albany Companies Series Unknown
Robotic Ventures LLC Series Unknown