Seegrid

Automates material handling with autonomous robots

Pittsburgh, Pennsylvania, United States

About Seegrid

Seegrid specializes in automation solutions for material handling, particularly in challenging environments. Its main product is the Palion™ autonomous mobile robots (AMRs), which help businesses in manufacturing and logistics improve safety and productivity by autonomously transporting materials. This allows human workers to focus on other tasks, enhancing overall efficiency. Seegrid also offers enterprise software and services to support its robots, generating revenue through product sales and ongoing maintenance contracts. What sets Seegrid apart from competitors is its customer-centric approach, ensuring that clients achieve a rapid return on investment and ongoing success with their automation solutions. The company's goal is to help clients fully realize the value of their automation investments.

Pittsburgh, PennsylvaniaHeadquarters
2003Year Founded
$230.4MTotal Funding
SERIES_DCompany Stage
Robotics & Automation, Industrial & Manufacturing, Enterprise SoftwareIndustries
201-500Employees

Risks

Increased competition in the AMR market may pressure Seegrid's market share.
Supply chain constraints could delay AMR production and impact customer satisfaction.
Economic downturns could reduce demand for automation solutions, affecting sales.

Differentiation

Seegrid offers a comprehensive suite of AMRs tailored for challenging environments.
Their Palion AMRs are designed to improve safety and productivity in material handling.
Seegrid's customer-centric approach ensures rapid ROI and sustained automation success.

Upsides

Recent $50M Series D funding boosts expansion of automated lift truck line.
Growing AMR adoption in e-commerce and cold storage aligns with Seegrid's logistics focus.
Partnerships enhance AMR functionality with advanced sensors and IoT capabilities.

Funding

Total raised$230.36 M
Latest valuation$400.00 M
StageSERIES_D
$50
$400.00 M
LATE VC
5/31/2023
$32
$400.00 M
$30
$400.00 M
GROWTH EQUITY VC
8/31/2020
$52
$400.00 M
$25
$125.00 M
DEBT
4/30/2013
$2
SERIES B
12/31/2007
$3
$13.50 M
$1
$6.05 M