Locus Robotics stock

Locus Robotics Stock

Industrial and Transportation

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Founded: 2014Funding to Date: $380M
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Locus Robotics is a company that develops autonomous mobile robots with the aim of streamlining and automating warehouse and e-commerce operations for its customers. The robots devised by Locus Robotics work in tandem with human workers, significantly enhancing piece-handling productivity and reducing labor compared to conventional picking systems. This empowers customers to maintain efficient fulfillment operations while effectively managing labor costs and variable order volume.

Investors Include:

Stack Capital Group, SVB Financial Group, Gray's Creek Capital Partners, EDBI, Next47, Stafford Capital Partners, BOND Capital (San Francisco), Prologis Ventures, The Goldman Sachs Group, G2 Venture Partners, Inc, Stack (United States), Goldman Sachs Growth Equity, Newton Investment Management, HESTA Industry Super Fund, Scale Venture Partners, Zebra Ventures, Tiger Global Management.

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Management Team

Rick FaulkChief Executive Officer and Board Member
Michael JohnsonPresident, Chief Operating Officer & Board Member
Dustin PedersonChief Financial Officer
Sean JohnsonChief Technology Officer
Jasmine LombardiChief Customer Officer
Karen LeavittChief Marketing Officer
Tracy SimekChief People Officer
Al DekinCo-Founder & Chief Revenue Officer
Lawrence Griffin Jr.Chief Contracting Officer
Joel Collins JDChief Legal Officer

Board Members

Mark MidleBoard Member
Zach BaraszBoard Member
Ben FifeBoard Member
Rory O'DriscollBoard Member

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Locus Robotics in the News

Source: Robotics & Automation NewsDHL picks record 500 million items using Locus robots

DHL picks record 500 million items using Locus robots

Source: FinanzNachrichtenLocus Robotics Named 2024 Fortress Cybersecurity Award Winner By Business Intelligence Group

Warehouse automation leader earns prestigious recognition for unwavering dedication to compliance in safeguarding customer data and upholding rigorous security standards WILMINGTON, Mass.

Source: Robotics & Automation NewsLocus Robotics unveils AI-powered warehouse optimization system

Locus Robotics unveils AI-powered warehouse optimization system

Source: The Robot ReportLocus Robotics surpasses 3B picks just 33 weeks after its last milestone

Locus Robotics reached the three billion picks milestone just 33 weeks after it recorded its two billionth pick.

Source: Robotics & Automation NewsLocus Robotics and Geodis to introduce ‘next-generation’ warehouse robotic automation to Mexico

Locus Robotics and Geodis to introduce ‘next-generation’ warehouse robotic automation to Mexico

Source: EnterpriseTalkLocus Robotics Launches LocusHub Engine to Unlock New Levels of Warehouse Intelligence

Locus Robotics, a provider of AMR for fulfillment warehouses, has launched the LocusHub business intelligence engine

Source: TechCrunchLocus Robotics’ success is a tale of focusing on what works

“We’re fundamentally a software company,” Locus CEO Rick Faulk says with a laugh. We look like a robot company, but we’re actually a software company.”

Source: Robotics TomorrowLocus Robotics and GEODIS Bring Next-Generation Warehouse AMR Automation to Mexico

New site is first GEODIS location in Latin America with this technology and features the Locus solution operating across three-level mezzanine

Source: PR Newswire AsiaLocus Robotics Partners With Booktopia To Revolutionise Its Customer Order Fulfilment

WILMINGTON, Mass., March 6, 2024 /PRNewswire/ -- Locus Robotics Partners With Booktopia To Revolutionise Its Customer Order Fulfilment

Source: Sourcing JournalLayoffs at Fanatics, Locus Robotics Reflect New WarehouseRealities

Layoffs at Fanatics, Locus Robotics Reflect New Warehouse Realities