Full-Time

Bear Robotics

Confirmed live in the last 24 hours

Bear Robotics

Bear Robotics

201-500 employees

Robot for food service operations

Robotics & Automation
Consumer Goods

Expert

London, UK

Category
Robotics and Automation Engineering
Mechanical Engineering
Required Skills
Market Research
Requirements
  • Ability to develop new business relationships and drive strategies to grow those relationships.
  • Ability to evaluate and improve Bear’s current go-to-market business models (inclusive of present sales and pricing strategy) for EMEA.
  • Business partnership management experience (on the Enterprise side).
  • Excellent negotiation and communication skills, with the ability to build and maintain strong relationships with clients and partners.
  • Clear communication and presentation skills to lead discussions with internal and external executives.
  • Market research and insights gleaned from customer relationships, and ability to collaborate cross-functionally within Bear to affect impact for our product, engineering, finance, and sales ops teams to leverage.
  • Ability to adapt to a dynamic and fast-paced environment while remaining focused on long-term objectives.
  • Proven leadership experience, including managing and motivating a team to achieve business objectives.
  • Analytical mindset with the ability to interpret data and market insights to inform decision-making.
  • Demonstrated ability in building, managing, and scaling sales operations.
  • Ability to establish and maintain trust/credibility with existing and potential customers.
  • Commitment to ethical business practices and integrity.
  • Bachelor's degree in Business, Marketing, Engineering, or a related field.
  • MBA or advanced degree is preferred.
  • Proven track record of at least 10 years of successful experience in business development within the hospitality industry.
  • B2B Sales experience.
Responsibilities
  • Focus on current partnerships/building new partnerships and understanding what the organizations are looking to achieve to help grow the accounts.
  • Evaluate and improve business models including sales strategy and pricing strategy.
  • Collaborate with the executive team to develop and refine the company's business development strategy, ensuring alignment with overall business goals.
  • Conduct thorough market research to identify trends, opportunities, and potential areas for business expansion within the hospitality industry.
  • Interface Product/Engineering team to align product launch and sales & operations.
  • Lead negotiations and execute agreements with potential partners, customers, and collaborators, ensuring favorable terms and mutually beneficial outcomes.
  • Work closely with the sales team to drive revenue growth through the acquisition of new customers, expansion of existing accounts, and the development of innovative sales strategies.
  • Collaborate with other departments, including engineering, marketing, finance and operations, to ensure seamless execution of business development initiatives.
  • Create KPIs/metrics tracking to monitor and ensure the success of the department.
  • Build short- and long-term roadmaps to reaching key objectives in the first 90 days of employment and communicate progress to key executives within the company.
  • Performs other related duties as assigned.

Bear Robotics focuses on providing robotic solutions for the restaurant and hospitality industry. Their main product, Servi, is a robot designed to assist with food service by carrying and delivering food and beverages to customers. This helps reduce the workload for human staff and increases operational efficiency. Businesses such as restaurants and hotels can integrate Servi into their service processes, which not only streamlines operations but also enhances the customer experience and may lower labor costs. Unlike many competitors, Bear Robotics operates on a business-to-business model, selling their robots directly to clients and generating revenue through sales and after-sales services like maintenance. The goal of Bear Robotics is to improve the efficiency of food service operations while allowing human staff to focus more on customer interactions, ultimately enhancing the overall dining experience.

Company Stage

Series C

Total Funding

$182M

Headquarters

Redwood City, California

Founded

2017

Growth & Insights
Headcount

6 month growth

1%

1 year growth

-1%

2 year growth

-3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for contactless dining boosts the need for service robots like Servi.
  • Bear Robotics raised $60M in Series C funding, led by LG Electronics.
  • The rise of ghost kitchens increases demand for automated service solutions Bear Robotics offers.

What critics are saying

  • Increased competition from companies like Pudu Robotics threatens Bear Robotics' market share.
  • Reliance on LG Energy Solution for batteries poses a supply chain risk.
  • Rapid technological advancements require continuous innovation, straining resources and increasing R&D costs.

What makes Bear Robotics unique

  • Bear Robotics' Servi Plus won the 2024 iF Design Award for Public Design.
  • Collaboration with LG Electronics enhances Bear Robotics' technological capabilities and market reach.
  • Servi robots offer customizable tray configurations and adaptive displays for enhanced service.

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