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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:
Tiger Global Management logo
Further Key Investors:

Stack Capital Group, SVB Financial Group, Gray's Creek Capital Partners, SuRo Capital, Hercules Capital, Stack ( Business/Productivity Software), EDBI, Next47, Stafford Capital Partners, BOND Capital (San Francisco), Prologis Ventures, The Goldman Sachs Group, G2 Venture Partners, Inc, Goldman Sachs Growth Equity, Newton Investment Management, HESTA Industry Super Fund, Scale Venture Partners, Zebra Ventures.

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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 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: 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…

Source: PRNewswireSolo Brands Partners with Locus Robotics to Optimize Order Fulfillment Efficiency

Global lifestyle brand deploys 16 innovative, AI-driven AMRs at Mexicali, MX facility WILMINGTON, Mass., Sept. 12, 2023 /PRNewswire/ -- Solo Brands, Inc., a renowned global lifestyle brand committed to delivering exceptional products to its customers, and Loc…

Source: PRNewswireLOCUS ROBOTICS AGAIN NAMED TOP 100 SUPPLY CHAIN PARTNER BY SUPPLY CHAIN BRAINMAGAZINE

WILMINGTON, Mass., Aug. 10, 2023 /PRNewswire/ -- Locus Robotics, a global leader in autonomous mobile robots (AMRs) for warehouse automation, today announced that Supply Chain Brain Magazine has again named Locus as a top 100 Supply Chain Partner for 2023. Th…

Source: PRNewswireLocus Robotics Breaks Ground for New Global Headquarters, Laying Foundation forInnovation and Growth

Company Highlights Commitment to Technological Advancements and AI-driven Innovation with Expanded Operations at Wilmington, MA facility WILMINGTON, Mass., July 26, 2023 /PRNewswire/ -- Locus Robotics, a global leader in autonomous mobile robots (AMRs) for wa…

Source: PRNewswireLOCUS ROBOTICS TO SHOWCASE LOCUS ORIGIN AMRs & LocusONE WAREHOUSE AUTOMATIONPLATFORM AT DELIVER 2023 IN AMSTERDAM

Leading Provider of Autonomous Mobile Robots to Feature Innovative, Fully Integrated and Data Science-driven Automation Platform for Orchestrating Multiple Robot Form Factors in Large Warehouses AMSTERDAM, June 5, 2023 /PRNewswire/ -- Locus Robotics, a global…

Source: PRNewswireLOCUS ROBOTICS TO SHOWCASE HEAVY PAYLOAD VECTOR AND MAX AT AUTOMATE 2023 INDETROIT

Leading Provider of Autonomous Mobile Robots to Highlight Full End-to-End Product Movement Capabilities for Manufacturing and Industrial Applications WILMINGTON, Mass., May 22, 2023 /PRNewswire/ -- Locus Robotics, a global leader in autonomous mobile robots (…

Source: PRNewswireLOCUS ROBOTICS TO SHOWCASE HEAVY PAYLOAD VECTOR AND MAX AT AUTOMATE 2023 INDETROIT

Leading Provider of Autonomous Mobile Robots to Highlight Full End-to-End Product Movement Capabilities for Manufacturing and Industrial Applications WILMINGTON, Mass., May 22, 2023 /PRNewswire/ -- Locus Robotics, a global leader in autonomous mobile robots (…

Source: TechCrunchLocus Robotics CEO on the future of warehouse automation

Any doubts that ProMat has become a robotics event were laid to rest the moment you walked on the floor at Chicago’s McCormick Place. Locus Robotics planted...

Source: TechCrunchLocus raises another $117M for its warehouse robots

The last few years have been a major accelerator for the robotics industry at large, but warehouse robotics may be the biggest winner of all.

Source: ForbesAn Entrepreneur Explains 10 Things Needed To Build A Business That InvestorsCan’t Say ‘NO’ To

Bruce Welty has been a successful serial entrepreneur. He is the founder of Locus Robotics. He could not have launched Locus without outside investors. He has a deep understanding of what outside investors are looking for in evaluating investment opportunitie…

Source: TechCrunchBerkshire Grey, Locus Robotics and Zebra Technologies discuss warehouseautomation s at TC Sessions: Robotics – TechCrunch

Berkshire Grey, Locus Robotics and Zebra Technologies discuss warehouse automation s at TC Sessions: Robotics – TechCrunchtechcrunch.com