Berkshire Grey

Berkshire Grey

Intelligent robotic automation for logistics

About

Berkshire Grey specializes in intelligent robotic automation for industries like retail, eCommerce, package handling, and logistics. The company automates manual supply chain tasks such as identifying, picking, sorting, packing, and moving items, which can handle nearly all types of products sold online. This automation helps address labor shortages and allows workers 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 operations. A notable partnership with FedEx Ground highlights its capability to work with major companies in the industry. The goal is to reduce operational costs by up to 70%, decrease reliance on labor, and improve efficiency by increasing throughput by 25% to 50%.

Company Stage

IPO

Employees

201-500

Industries

Robotics & Automation, Automotive & Transportation, Industrial & Manufacturing

Total Funding

$429.5M

Headquarters

Bedford, Massachusetts

Founded

2013


Simplify Jobs

Simplify's Take

What believers are saying

  • Merger with SoftBank provides financial resources and strategic support for expansion.
  • AI in supply chain market growth offers substantial opportunities for Berkshire Grey.
  • Robotic Shuttle Product Sortation positions them as leaders in AI-powered logistics solutions.

What critics are saying

  • Increased competition from companies like Covariant may impact market share.
  • Merger with SoftBank could disrupt existing partnerships or customer relationships.
  • SoftBank's financial instability might affect post-merger support for Berkshire Grey.

What makes Berkshire Grey unique

  • Berkshire Grey automates omnichannel fulfillment using AI, computer vision, and machine learning.
  • Their systems handle nearly 100% of typical eCommerce SKUs, enhancing efficiency.
  • Partnerships with industry leaders like FedEx Ground showcase their collaborative capabilities.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

16%

2 year growth

17%

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