Facts

• Segment: Service
• Country: Canada
• Founded: 2014
• Website: https://avidbots.com

Profile sections

• Summary
• Market context
• Facts
• Funding
• Investors
• Context / Market Position
• Events
• Operations / Deployments
• Team
• Context tags
• Articles
• Sources

Summary

Avidbots builds autonomous floor-cleaning robots for commercial and industrial facilities. Its Neo robots clean large indoor spaces such as airports, warehouses, malls, schools and healthcare sites, using mapping, navigation and fleet software to automate repetitive cleaning work.

Market context

Avidbots is one of the more established commercial cleaning-robot companies, with purpose-built products for both large industrial floors and tighter commercial environments. Its product line shows how service robotics can move from a single autonomous scrubber into a segmented fleet for different facility types. Neo autonomous floor-cleaning robots and facility service automation.

Facts

• Website: https://avidbots.com
• HQ: Kitchener, Canada
• Founded: 2014
• Segment: Service
• Known funding rounds: 1

Funding

• 2022-09-27 - Series C - $70M - Avidbots raises $70M Series C for autonomous cleaning robots - source: avidbots.com

Investors

• BDC Capital - Participant - Vc - 1 funding event - first seen 2022-09-27
• BMO Capital Partners - Participant - Vc - 1 funding event - first seen 2022-09-27
• GGV Capital - Participant - Vc - 1 funding event - first seen 2022-09-27
• Golden Ventures - Participant - Vc - 1 funding event - first seen 2022-09-27
• Golden Vision Capital - Participant - Vc - 1 funding event - first seen 2022-09-27
• Jeneration Capital - Lead - Vc - 1 funding event - first seen 2022-09-27
• Kensington Capital Partners - Participant - Vc - 1 funding event - first seen 2022-09-27
• Next 47 - Participant - Unknown - 1 funding event - first seen 2022-09-27
• Nicola Wealth - Participant - Angel / Individual - 1 funding event - first seen 2022-09-27
• SOSV - Participant - Unknown - 1 funding event - first seen 2022-09-27
• True Ventures - Participant - Vc - 1 funding event - first seen 2022-09-27

Commercial floor-cleaning robot builder

Avidbots builds autonomous floor-cleaning robots for commercial, institutional and industrial facilities.

• Target environment: Airports, warehouses, factories, retail stores, healthcare facilities, education sites and transportation hubs.
• Deployment model: Robot sales and fleet-support model for facility operators and service providers.
• Customer context: Facility owners, cleaning contractors, logistics operators, manufacturers and public-space operators.
• Workflow context: Autonomous floor scrubbing, route cleaning, indoor facility mapping, cleaning performance reporting.
• Commercial maturity: Commercial product family with multiple generations and robots targeted at both industrial and commercial environments.
• Market position: Avidbots sits in the service-robotics lane beside autonomous cleaning and facility-maintenance robot companies.
• Adoption constraints: Adoption depends on facility layout, cleaning-process integration, service support, robot utilization, safety confidence.
• Adjacent context: Adjacent context includes facility robotics and warehouse automation.
• Source confidence: high

Events

• 2024-04-10 - Product Launch - Avidbots launches Kas autonomous cleaning robot for tighter commercial spaces - Avidbots launched Kas as a smaller fully autonomous floor scrubber for retail, transportation, healthcare and…
• 2023-04-25 - Product Launch - Avidbots launches Neo 2W for warehouses and manufacturing environments - Avidbots launched Neo 2W as a floor-scrubbing robot designed specifically for warehouses and manufacturing environme…
• 2022-09-27 - Funding - Avidbots raises $70M Series C for autonomous cleaning robots - Avidbots raised $70M in Series C funding led by Jeneration Capital.
• 2020-09-01 - Product Launch - Avidbots launches Neo 2 autonomous floor-scrubbing robot - Avidbots launched Neo 2 as its next-generation autonomous robot floor scrubber platform.
• 2020-04-27 - Partnership - Avidbots expands DHL warehouse cleaning robot partnership - The agreement built on Neo deployments in DHL-managed facilities.

Operations / Deployments

• 2024-04-10 - Product Launch - Avidbots launches Kas autonomous cleaning robot for tighter commercial spaces - Avidbots launched Kas as a smaller fully autonomous floor scrubber for retail, transportation, healthcare and…

Team

• Faizan Sheikh - Head of Customer Success & Co-Founder
• Pablo Molina - CTO, VP Product & Co-founder - Technical and product leader for Avidbots cleaning-robot platform evolution.
• JJ Ethridge - CEO
• Varvara Alva - CFO

Context tags

• Industrial cleaning robotics - Peer Group
• Autonomous cleaning robot builder - Peer Group
• Commercial Cleaning Robots - Peer Group
• Facility Service Robotics - Peer Group
• Autonomous Floor Scrubbing - Workflow
• Cleaning robot OEM - Stack Layer
• Warehouse Cleaning - Customer Environment
• Indoor Navigation - Capability
• Autonomous facility cleaning - Workflow
• Robot Fleet Monitoring - Stack Layer
• Autonomous industrial cleaning - Workflow
• Healthcare Facilities - Customer Environment
• Commercial facilities - Customer Environment

Articles

• 2023-04-25 - Avidbots is building Neo 2W scrubbers into warehouse cleaning telemetry - Neo 2W extends Avidbots from a 1,000-plus robot fleet into warehouse cleaning, with DHL labor-hour claims, Christie Lites productivi…