Covariant

Covariant

AI-powered robotics for warehouse automation

About

Covariant specializes in warehouse automation through the use of artificial intelligence and robotics. Their main product is a platform that powers robots to perform various tasks in warehouses, such as picking items, sorting returns, assembling packages, and depalletizing goods. The AI system, called the Covariant Brain, has been trained on millions of real-world picks, allowing it to efficiently handle a wide variety of items from the start. What sets Covariant apart from its competitors is the flexibility and adaptability of its platform, which can integrate with any provider and adjust to the evolving needs of businesses. Their primary clients are large-scale warehouses and fulfillment centers that seek to enhance their operational efficiency and scalability through robotic automation. Covariant aims to provide a comprehensive solution that not only automates tasks but also supports ongoing updates and partnerships to ensure their technology remains effective.

Company Stage

Series C

Employees

51-200

Industries

Robotics & Automation, AI & Machine Learning

Total Funding

$215.9M

Headquarters

Emeryville, California

Founded

2017


Simplify Jobs

Simplify's Take

What believers are saying

  • Amazon's licensing deal validates Covariant's AI technology and potential for collaboration.
  • Otto Group's partnership enhances Covariant's presence in European e-commerce logistics.
  • RFM-1 model's success could lead to applications beyond warehouses, expanding market reach.

What critics are saying

  • Founders' departure to Amazon may create a leadership vacuum at Covariant.
  • Non-exclusive licensing to Amazon could dilute Covariant's competitive edge.
  • Regulatory scrutiny on AI deals may pose legal challenges for Covariant.

What makes Covariant unique

  • Covariant's RFM-1 model gives robots human-like reasoning abilities, a significant advancement.
  • The Covariant Brain enables robots to handle diverse warehouse tasks from day one.
  • Covariant's AI platform is flexible, adaptable, and integrates with any provider.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

7%

2 year growth

18%

Benefits

Health, dental, and vision coverage for you and your family

Unlimited time off Flexible work hours

Lunch and dinner each day

401(k) plan and match

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