Locus Robotics Stock
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Founded: 2014Funding to Date: $380M
Visit websiteLocus 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:
Further Key Investors:
Stack Capital Group, SVB Financial Group, Gray's Creek Capital Partners, EDBI, Next47, Collective Liquidity, 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.
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 GriffinChief Contracting Officer
Board Members
Christopher GaffneyBoard Member
John G. HayesBoard Member
Mark MidleBoard Member
Michael C. JohnsonBoard Member
Rick FaulkBoard Member
Rory T. O'DriscollBoard Member
Zach BaraszBoard Member
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Locus Robotics in the News
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
Source: Robotics & Automation NewsLocus Robotics picks ‘record-breaking’ 331 million units during holiday season
Locus Robotics picks ‘record-breaking’ 331 million units during holiday season
Source: PRNewswireLocus Robotics Brings Innovative AMR Solutions to Italy and Poland
Award-winning, AI-driven, AMR solution expands European footprint, doubles warehouse productivity and lowers operations costs WILMINGTON, Mass., Oct. 3, 2023 /PRNewswire/ -- Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfillment w…
Source: PRNewswireLocus Robotics to Showcase AI-Enabled Warehouse Automation at Logistics Summit
in Dusseldorf, Germany
Locus Experts to Detail Flexible, Scalable Automation for Peak Season and Beyond in two key speaking sessions WILMINGTON, Mass., Oct. 2, 2023 /PRNewswire/ -- Locus Robotics, a global leader in warehouse automation, today announced it will showcase its innovat…