Overview

Freedom Robotics develops software that helps robotics companies manage and monitor their robots and robotic fleets. Their platform includes tools for analyzing data, tracking statistics, and customizing data streams, which assist in quickly identifying and resolving issues. The software allows for data logging across devices, offers customizable dashboards for data visualization, and enables secure sharing of information among team members. Freedom Robotics caters to both startups and established companies in the robotics sector, providing features like remote control, teleoperation, and user permissions management. This allows engineering and operations teams to efficiently manage robotic fleets from a distance. Operating under a Software as a Service (SaaS) model, Freedom Robotics generates revenue through subscription fees, distinguishing itself with its focus on comprehensive fleet management and data analysis tools.

Simplify's Take

What believers are saying

• Increased demand for remote monitoring boosts Freedom Robotics' teleoperation capabilities.
• Industry 4.0 trends align with Freedom Robotics' real-time data analytics offerings.
• Expansion in healthcare and logistics opens new markets for Freedom Robotics.

What critics are saying

• Emerging startups pose a threat to Freedom Robotics' market share.
• Rapid AI advancements require continuous software updates, straining resources.
• Potential cybersecurity vulnerabilities could impact client trust and operations.

What makes Freedom Robotics unique

• Freedom Robotics offers customizable API integration for tailored robotic solutions.
• The platform supports rapid analysis and statistics tracking for efficient issue diagnosis.
• Freedom Robotics provides secure data sharing and customizable dashboards for team collaboration.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$6.4M

Above

Industry Average

Funded Over

1 Rounds

$6,600,000

Seed

Jul 2019

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.

Seed Funding Comparison

Above Average

Industry standards

Ind Avg. $3.3M

$500k

$1.5M

$2M

$2.3M

$3M

$6.6M