Berkshire Grey

Berkshire Grey

Intelligent robotic automation for supply chains

About

Berkshire Grey specializes in intelligent robotic automation for retail, eCommerce, package handling, and logistics companies. Its solutions automate manual supply chain tasks such as identifying, picking, sorting, packing, and moving items, effectively managing nearly all eCommerce stock keeping units (SKUs). This automation addresses labor availability issues, allowing employees to focus on more important tasks. Berkshire Grey offers modular products that can be customized and scaled for various settings, from large distribution centers to smaller fulfillment centers. A notable partnership with FedEx Ground highlights its capability to work with major industry players. The company's solutions can significantly reduce operational costs by up to 70% and increase throughput by 25% to 50%. The goal of Berkshire Grey is to enhance customer experiences while providing substantial savings in time and costs for its clients.

Company Stage

Acquired

Employees

201-500

Industries

Robotics & Automation, Automotive & Transportation, Industrial & Manufacturing

Total Funding

$429.5M

Headquarters

N/A

Founded

2013


Simplify Jobs

Simplify's Take

What believers are saying

  • The merger with SoftBank Group could provide Berkshire Grey with significant financial backing and strategic support, enhancing its growth potential.
  • Their solutions promise substantial cost reductions and increased throughput, making them highly attractive to clients in the retail and logistics sectors.
  • The company's ability to address labor availability challenges positions it well in a market increasingly focused on automation and efficiency.

What critics are saying

  • The competitive landscape in robotic automation is intense, with numerous players vying for market share.
  • Dependence on large clients and partnerships could pose a risk if any major collaboration were to end.

What makes Berkshire Grey unique

  • Berkshire Grey's focus on nearly 100% SKU automation sets it apart from competitors who may not offer such comprehensive solutions.
  • Their modular products allow for scalable deployment across various fulfillment environments, from large distribution centers to micro-fulfillment centers.
  • Partnerships with major industry players like FedEx Ground and Maersk highlight their capability to collaborate effectively and enhance supply chain operations.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

16%

2 year growth

15%

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