Overview

RightHand Robotics provides a robotic solution designed to improve order fulfillment in warehouses. Their main product, the RightPick platform, utilizes artificial intelligence and machine vision to autonomously pick and place items, helping businesses manage the growing demand for online orders while ensuring safety through reduced human interaction. This system is flexible and can adapt to various picking workflows, allowing it to scale as a business expands. RightHand Robotics serves a diverse range of clients, including direct-to-consumer businesses and physical stores, integrating their technology into existing fulfillment centers. Unlike many competitors, they offer comprehensive pre-and post-sales services, including fleet management and tools for handling exceptions, which enhance overall efficiency in warehouse operations. The goal of RightHand Robotics is to streamline the order fulfillment process, making it more efficient and effective for their clients.

Simplify's Take

What believers are saying

• Rockwell Automation's investment accelerates RightHand's market expansion and technology integration.
• Growing e-commerce trends increase demand for RightHand's automation solutions.
• Advancements in machine vision enhance the precision of RightHand's robotic picking solutions.

What critics are saying

• Increased competition from companies like Movu Robotics may impact market share.
• Strategic shifts under new CEO Brian D. Owen could disrupt operations.
• Rapid technological advancements could render current solutions obsolete if innovation lags.

What makes RightHand Robotics unique

• RightHand Robotics offers autonomous robotic picking solutions with AI and machine vision.
• Their RightPick platform adapts to any picking workflow, enhancing flexibility and scalability.
• The company provides end-to-end solutions, reducing e-commerce order-fulfillment costs significantly.

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Funding

Total Funding

$120.3M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:

SoftBank

Notable Investors:

SoftBank

$66,000,000

Series C

Feb 2022

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.

Series C Funding Comparison

Above Average

Industry standards

Ind Avg. $50M

$16M

$40M

$50M

$62M

$66M

$100M

View all funding stages