Symbotic

Symbotic

Develops robotics and software for supply chains

About Symbotic

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

Industries

Robotics & Automation

Industrial & Manufacturing

Enterprise Software

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Wilmington, Delaware

Founded

2007

Overview

Symbotic develops robotics and software aimed at improving supply chain operations for manufacturers, distributors, and retailers. Their products include both hardware and software that work together to automate various processes within the supply chain, making them faster and more efficient. Unlike many competitors, Symbotic focuses on providing a comprehensive solution that combines advanced automation technologies with ongoing support and maintenance. The company's goal is to enhance the profitability and efficiency of supply chains through these automation solutions.

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Simplify's Take

What believers are saying

  • Symbotic's partnership with Walmart enhances its market presence and innovation potential.
  • The rise of e-commerce boosts demand for Symbotic's warehouse automation solutions.
  • AI and robotics integration in supply chains is expected to grow by 20% annually.

What critics are saying

  • Integration challenges from acquiring Walmart's robotics business may affect operational efficiency.
  • Concerns over accounting practices could lead to regulatory scrutiny or impact investor confidence.
  • Dependency on Walmart for significant revenue poses a risk if performance criteria aren't met.

What makes Symbotic unique

  • Symbotic integrates proprietary robotics and software for advanced supply chain automation.
  • The company offers solutions for manufacturers, distributors, and retailers of all sizes.
  • Symbotic's business model includes sales, implementation, and ongoing support of automation technologies.

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Funding

Total Funding

$264.6M

Above

Industry Average

Funded Over

1 Rounds

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

Benefits

Professional Development Budget

Flexible Work Hours

Company News

Symbotic
Apr 2nd, 2025
Symbotic Named 2025 RBR50 Robotics Innovation Award Winner

Symbotic named 2025 RBR50 Robotics Innovation Award winner.

PLG Landscapes
Mar 9th, 2025
Associated Food Stores in 1st Phase of DC Automation Project | Progressive Grocer

Associated Food Stores (AFS), a provider of groceries and other goods and services to independent retailers across nine Intermountain states, and Symbotic Inc. have successfully activated a warehouse modernization initiative at AFS' Farr West, Utah, distribution center.

The Shelby Report
Mar 7th, 2025
AFS Begins Distribution Center Automation Project With Symbotic

Associated Food Stores (AFS) and Symbotic Inc. have begun a warehouse modernization initiative at AFS' Utah distribution center that will transform it into a next-generation facility equipped to meet future demands.

Automated Warehouse Online
Feb 28th, 2025
Symbotic CTO James Kuffner to deliver Robotics Summit keynote

Symbotic CTO James Kuffner to deliver Robotics Summit keynote.

MarketBeat
Feb 16th, 2025
Symbotic Shares Down 37% - Is It Time for Bravery or Caution?

However, Symbotic's accounting practices have raised red flags.

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