Locus Robotics

Locus Robotics

Warehouse automation using autonomous mobile robots

About Locus Robotics

Simplify's Rating
Why Locus Robotics is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Robotics & Automation

Industrial & Manufacturing

Company Size

201-500

Company Stage

Series F

Total Funding

$404.7M

Headquarters

Wilmington, Massachusetts

Founded

2014

Overview

Locus Robotics specializes in warehouse automation by using Autonomous Mobile Robots (AMRs) to improve productivity and lower labor costs. Their main product is a data science-driven platform called LocusOne, which supports the deployment and management of AMRs across warehouses. This platform helps clients optimize their workflows for tasks like picking, putaway, and transport. Unlike many competitors, Locus Robotics operates on a "Robots as a Service" (RaaS) model, allowing clients to subscribe to their robots and software instead of making a large upfront purchase. This approach enables quick deployment and scalability, making it easier for businesses to adapt to changing demands. The company's goal is to enhance efficiency in warehouse operations while ensuring security and data privacy for their clients.

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Simplify's Take

What believers are saying

  • Strategic partnerships, like with BITO, expand Locus Robotics' market reach.
  • CE certification for Locus Vector opens European market opportunities.
  • Rising e-commerce boosts demand for Locus Robotics' automation solutions.

What critics are saying

  • Emerging competitors like Mytra challenge Locus Robotics with innovative solutions.
  • Rapid tech advancements require Locus Robotics to continuously innovate.
  • Competitors' strategic partnerships increase market competition for Locus Robotics.

What makes Locus Robotics unique

  • Locus Robotics offers a RaaS model, reducing upfront costs for clients.
  • Their LocusOne platform provides comprehensive data analytics for warehouse optimization.
  • Locus Robotics' AMRs work collaboratively with human workers, enhancing productivity.

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Funding

Total Funding

$404.7M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Series F funding comparison data is currently unavailable. We're working to provide this information soon!
Series F Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

0%
PR Newswire
Feb 20th, 2025
Bito Lagertechnik And Locus Robotics Announce Strategic Partnership To Revolutionize Warehouse Automation

MEISENHEIM, Germany and AMSTERDAM, Feb. 20, 2025 /PRNewswire/ -- BITO Lagertechnik, a global leader in innovative storage and order-picking systems, and Locus Robotics, the global leader in AI-driven warehouse automation, are pleased to announce a strategic partnership aimed at delivering integrated, end-to-end solutions for automated order fulfillment

PR Newswire
Jan 7th, 2025
Locus Robotics Achieves Ce Certification For High-Payload Vector Robot, Enabling New Possibilities In Flexible Warehouse Automation

Certification Integrates Vector into LocusONE Platform, Expanding Across European and Global MarketsWILMINGTON, Mass. and AMSTERDAM, Jan. 7, 2025 /PRNewswire/ -- Locus Robotics, the global leader in flexible, AI-powered warehouse automation, announced that its largest, most dynamic mobile robot, the Locus Vector, has achieved CE certification. This milestone reinforces Locus's commitment to innovation and operational excellence, enabling broader deployments across Europe and other international markets. Powered by the LocusONE™ platform, Locus Vector enhances warehouse productivity, flexibility, and scalability, empowering businesses to automate complex workflows with unmatched efficiency

PR Newswire
Dec 5th, 2024
Locus Robotics And Geodis Achieve Major Milestone With 10 Million Units Picked At U.S. Distribution Site

Locus Robotics Warehouse Automation Technology Drives Productivity Gains at GEODIS' Carlisle, Pa., LocationWILMINGTON, Mass., Dec. 5, 2024 /PRNewswire/ -- Locus Robotics, the market leader in warehouse automation, today announced that its valued customer, GEODIS, a leading global logistics provider, has surpassed 10 million units picked using Locus's powerful warehouse automation solution at its Carlisle, Pa., distribution center.This milestone achievement further demonstrates the transformative impact of Locus warehouse automation technology on productivity, operational efficiency, and unmatched flexibility at an unprecedented scale

Robotics and Automation News
Nov 27th, 2024
Arvato Systems partners with Locus Robotics to drive innovation in warehouse management

Arvato Systems, an IT provider specializing in the logistics industry, is partnering with Locus Robotics, a leading provider of warehouse automation solutions.

PR Newswire
Nov 26th, 2024
Locus Robotics Promotes Denis Niezgoda To Chief Commercial Officer Of International

Strategic appointment to accelerate international growth, enhance customer engagement, and drive market expansion across EMEA and APAC regions. WILMINGTON, Mass. and AMSTERDAM, Nov. 26, 2024 /PRNewswire/ -- Locus Robotics, a global leader in warehouse automation for supply chain and fulfillment warehouse automation, is pleased to announce the promotion of Denis Niezgoda to Chief Commercial Officer (CCO) of International. Locus Robotics is poised for the next phase of growth, driven by the increasing demand for versatile, scalable automation solutions in the global supply chain. Niezgoda's promotion underscores the company's focus on delivering advanced, end-to-end warehouse automation solutions through the LocusOne platform, enabling businesses to meet complex operational challenges and achieve sustainable growth. "Denis's promotion marks an exciting step forward for Locus Robotics as we continue to expand our presence in international markets," said Rick Faulk, CEO of Locus Robotics

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