Autostore
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About Autostore
Industries
Robotics & Automation
Industrial & Manufacturing
Company Size
501-1,000
Company Stage
IPO
Headquarters
Vindafjord, Norway
Founded
1995
Overview
Company Does Not Provide H1B Sponsorship
Simplify's Take
What believers are saying
- Recognition with a 2024 Top Software and Tech Award boosts credibility in logistics.
- Collaboration with Eder Goodman showcases AutoStore's adaptability in specialized automation.
- Growing demand for cold storage solutions opens new market opportunities for AutoStore.
What critics are saying
- Increased competition from Ocado and Geek+ threatens AutoStore's market position.
- Patent litigation with Ocado poses potential legal and financial challenges.
- Rapid AI advancements could render AutoStore's technology obsolete if innovation lags.
What makes Autostore unique
- AutoStore's VersaPort allows warehouse upgrades without mechanical changes, enhancing flexibility.
- Their robotic piece-picking solution caters to niche markets like wine and spirits.
- AutoStore's sub-zero fulfillment system targets industries requiring cold storage solutions.
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Funding
Total Funding
$2800M
Above
Industry Average
Funded Over
1 Rounds
SoftBankBenefits
Unlimited Paid Time Off
Parental Leave
401(k) Retirement Plan
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%AutoStore Holdings Ltd. – Correction of long-term incentive plan 2024 grants
In addition to CarouselAI, AutoStore has introduced VersaPort, a warehouse upgrade that adapts to dynamic workflows without mechanical changes.
AutoStore Holdings Ltd. - Exercise of share options under the 2019 equity incentive plan and sale of option shares
AutoStore: Invitation to presentation of the fourth quarter 2024
LOS ANGELES, Feb. 3, 2025 /PRNewswire/ -- Element Logic, in collaboration with Eder Goodman, LLC, a leading wine and spirits distributor, has announced the implementation of an automation solution powered by AutoStore™ technology. This marks the first use of AutoStore's storage and retrieval system in the United States wine and spirits industry with a focus on bottle picking—a critical process in this sector. "AutoStore is designed to support diverse industries, and this project showcases the flexibility of our technology," said AutoStore, Joe Elie, VP Sales, North America. "By enabling Eder Goodman, LLC to optimize their bottle-picking process and improve storage efficiency, this collaboration demonstrates how tailored automation can address specific operational needs."
Autostore is Hiring for 5 Jobs on Simplify!
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About Autostore
Industries
Robotics & Automation
Industrial & Manufacturing
Company Size
501-1,000
Company Stage
IPO
Headquarters
Vindafjord, Norway
Founded
1995
Autostore is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today