iRobot

About:

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

Website: https://www.irobot.com

Twitter/X: iRobot

Top Investors: The Carlyle Group, Trident Capital, Streamlined Ventures, Ullas Naik, Fenway Partners

Description:

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.

Total Funding Amount:

$230M

Estimated Revenue Range:

$500M to $1B

Headquarters Location:

Bedford, Massachusetts, United States

Founded Date:

1990-01-01

Contact Email:

publicrelations(AT)irobot.com

Founders:

Colin Angle, Helen Greiner, Rodney Brooks

Number of Employees:

501-1000

Last Funding Date:

2023-07-25

IPO Status:

Public

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