Plus One Robotics develops computer-vision systems used to power parcel and logistics robots, focused on warehouse and shipping automation. The company sells its vision software and licenses that can be used independently of robot arms and reports over 130 robots deployed globally. Management says the bulk of new funding will go to sales expansion and some to continued product development. Plus One has signed major logistics customers including FedEx and DHL and added Pitney Bowes as a client. The firm remains lean seven years after its founding, with 83 full-time employees and facilities in San Antonio, Boulder, Pittsburgh and a subsidiary in the Netherlands. Leadership cites ongoing labor shortages and ecommerce demand as drivers of continued customer interest and quick fundraising. Plus One Robotics develops adaptable computer-vision software for robotics used in logistics and warehouse settings. Its system is designed to work with a wide range of robotic arms and grippers and supports group management, controlling up to 50 robots at once. The product targets backend automation as companies accelerate adoption of warehouse robotics. The company plans to use new funding to expand operations internationally to meet rising demand. Financially, the company has raised multiple rounds and recently announced a sizable Series B to support growth. Plus One Robotics is a San Antonio, TX-based developer of computer vision software and controls for robotic automation in logistics and e-commerce. Founded in 2016 and led by CEO Erik Nieves, the company’s flagship product is the PickOne Perception System, a 3-D vision system targeting order-fulfillment and parcel-shipping markets. The software enables robots to perceive and pick items in supply-chain applications. The company recently closed new financing and appointed David Scheffrahn as vice president of sales; Scheffrahn brings over 20 years of automation and robotics sales experience. In his role he will lead direct and channel sales efforts to commercialize the product further. The company’s current financial position was strengthened by the recent Series A raise.

Total raised

$91M

Funding rounds

3

Latest round

Series C

Latest activity

Mar 2023