ClearPath

ClearPath

Autonomous mobile robots for industrial productivity

Overview

Clearpath builds autonomous mobile robots and robotic platforms for industrial and research settings. Their robots navigate complex environments using onboard sensors, artificial intelligence, and machine learning to understand surroundings, plan routes, and carry out tasks with minimal human help. What sets Clearpath apart is its range of versatile, ready-to-use platforms designed for tough real-world conditions, combined with a focus on safety, reliability, and collaboration with customers in manufacturing, logistics, agriculture, and academia. The goal is to help organizations automate operations, boost productivity, and expand the use of robotics in their work.

About ClearPath

Simplify's Rating
Why ClearPath is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Robotics & Automation

Industrial & Manufacturing

AI & Machine Learning

Company Size

11-50

Company Stage

Late Stage VC

Total Funding

$80.7M

Headquarters

Kitchener, Canada

Founded

2009

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Simplify's Take

What believers are saying

  • Rockwell launched OTTO manufacturing in Milwaukee on 2025-10-30, signaling real demand.
  • MODEX 2026 showcased end-to-end autonomous production logistics, expanding cross-sell into Rockwell accounts.
  • Clearpath's research division and OTTO's production data create deep fleet-learning advantages over time.

What critics are saying

  • Rockwell now owns Clearpath; strategic priorities can shift away from standalone robotics, fast.
  • OTTO and Clearpath brands face gradual absorption under Rockwell, reducing employer identity and autonomy.
  • Industrial AMR competition from ABB, Geekplus, and MiR compresses margins as deployments commoditize.

What makes ClearPath unique

  • Rockwell completed Clearpath acquisition on 2023-10-02, pairing research and OTTO AMRs.
  • OTTO 600 and OTTO 1200 entered Milwaukee production on 2025-10-30, adding U.S. capacity.
  • Clearpath serves 500-plus brands in 40 countries across mining, military, agriculture, aerospace, academia.

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Funding

Total Funding

$80.7M

Below

Industry Average

Funded Over

7 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-49%

1 year growth

-49%

2 year growth

-49%
UNITED NEWS NETWORK GmbH
Jan 24th, 2025
Rockwell Automation Acquires Clearpath Robotics

Rockwell Automation has completed its acquisition of Clearpath Robotics, including its industrial division OTTO Motors, enhancing its capabilities in autonomous mobile robots (AMRs) for industrial applications. This acquisition is expected to boost Rockwell's fiscal year 2024 revenue growth by a percentage point. The AMR market in manufacturing is projected to grow 30% annually, reaching $6.2 billion by 2027. OTTO Motors will be showcased at Rockwell's Automation Fair in Boston, Nov. 6-9.

WTWH Media LLC
Sep 5th, 2023
Rockwell Automation Acquiring Amr Developer Clearpath Robotics

Listen to this articleClearpath Robotics’ Ridgeback autonomous mobile robot. Rockwell Automation is acquiring Clearpath Robotics, an Ontario, Canada-based developer of autonomous mobile robots (AMRs) for research and development purposes. OTTO Motors, a division of Clearpath, develops AMRs for manufacturing and logistics applications and is also part of the acquisition. Financial details of the pending acquisition were not disclosed. However, the acquisition will be funded by a portion of the proceeds from the sale of Rockwell’s investment in PTC. It is subject to customary regulatory approval and is expected to close in the first quarter of Rockwell’s fiscal year 2024

Logistics Business Magazine Ltd
May 16th, 2023
Mitsubishi Electric Invests in OTTO Motors - Logistics Business® M

Mitsubishi Electric Invests in north American autonomous mobile robot supplier, in major deal following years of partnership

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