Rapid Robotics
Rapid Robotics is a San Francisco Bay Area robotics-as-a-service (RaaS) company founded in 2019 that delivers the Rapid Machine Operator (RMO), a pretrained collaborative robot deployable in factories within hours without specialized programming or systems integration. The company targets U.S. manufacturers facing labor shortages and reshoring demand, offering subscription-based pricing (historically around $25,000/year, or under $2,100/month) to make industrial automation accessible to small and mid-sized factories. In September 2025, Rapid Robotics' assets, hardware, customer base, and team were acquired by Munich-based industrial automation company RobCo as part of RobCo's U.S. market launch, with the combined operation headquartered in San Francisco.
Acquired
Rapid Robotics has been acquired
This company is no longer available on our private secondary market.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2019
Total Funding
$54.2M
3 rounds
Latest Valuation
$0.19B
Aug 18, 2021
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $54.2M across 3 rounds
Last updated 05-09-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Aug 18, 2021 | Series B TechCrunch | $36.7M | $0.19B | Kleiner Perkins, Tiger Global |
| Apr 2021 | Series A | $12M | — | NEA |
| Nov 18, 2020 | Seed Press release | $5.5M | — | Greycroft |
Leadership
Kimberley Losey
CEO
Jordan Kretchmer
Co-Founder and Executive Chairman
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
RobCo
Munich-based modular industrial robotics-as-a-service company that acquired Rapid Robotics' U.S. assets in September 2025; offers no-code AI-powered automation under a pay-as-you-go model.
Formic
Robotics-as-a-service provider offering manufacturers turn-key automation on a pay-per-hour basis for U.S. factories.
Path Robotics
AI-powered autonomous robotic welding company serving U.S. manufacturers without programming requirements.
Universal Robots
Danish collaborative robot (cobot) maker (subsidiary of Teradyne) supplying lightweight industrial cobots widely used in factory automation.
Veo Robotics
Industrial automation company focused on safety systems enabling collaborative human-robot work in manufacturing environments.
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