About Boston Dynamics
Boston Dynamics is a Waltham, Massachusetts-headquartered robotics company developing advanced mobile robots for industrial, logistics, and defense applications. Spun off from MIT in 1992, it produces Spot for inspection in hazardous environments, Stretch for warehouse palletization handling up to 800-pound boxes, and Atlas for dynamic humanoid manipulation. The firm has secured contracts with organizations including the U.S. military branches, DARPA, and Hyundai, which acquired it in 2021. Boston Dynamics also offers software like Spot's payload ecosystem for sensors and manipulators, enabling autonomy in construction sites, factories, and energy facilities worldwide.
Founded
1992
HQ
Website
Status
Acquired
Customer focus
B2B & B2G
Revenue model
Product sales
Valuation
$1.1B (acquired Dec 2020)
Boston Dynamics Acquisition
Boston Dynamics was acquired by Hyundai for $1.1B on 9 December 2020.
Before the acquisition Boston Dynamics had raised $37M across 1 funding round.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 9 Dec 2020 | Strategic M&A | $1.1B |
Boston Dynamics Funding History
Boston Dynamics has raised a total of $37M across 1 funding round.
Boston Dynamics funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Feb 2019 | Undisclosed stage | SoftBank Group (lead) | $37M |
Who has invested in Boston Dynamics?
1 investor has backed Boston Dynamics across its funding rounds, including SoftBank Group.
Lead investors include SoftBank Group.
Boston Dynamics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Boston Dynamics investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Boston Dynamics
Boston Dynamics has acquired 1 company to date.
Last acquisition by Boston Dynamics was on April 2nd 2019. Boston Dynamics acquired Kinema Systems for undisclosed valuation.
Latest Acquisitions by Boston Dynamics
| Description | Kinema Systems is a Silicon Valley robotics firm developing advanced manipulation software for industrial automation. Its debut product, Kinema Pick, performs self-training and self-calibrating depalletizing on multi-SKU, single-SKU, and random pallets, streamlining warehouse operations. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 2 Apr 2019 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Boston Dynamics acquisitions and their M&A valuation multiples. Start Free Trial | |
Boston Dynamics Competitors
Boston Dynamics competitors include listed companies like UBtech Robotics and Kodiak AI, and private ones like Roark Aerospace, Sharpa, Performance Drone Works and Forterra.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.8B | - | ||
| Private | - | - | $3.3B | - | ||
| Publicly listed | $298M | ($108M) | $5.1B | 9.5x | ||
| Private | - | - | $1.2B | - | ||
| Private | - | $82M | $1B | - | ||
| Publicly listed | $4M | ($577M) | $768M | 98.7x |
Boston Dynamics Public Comps
Boston Dynamics is no longer listed, but its public comps include AEVEX, Braiin, Xtend AI Robotics, Extreme Vision, SEER Robotics, Cidi, Eacon Group, Kodiak AI, Huayan Robotics and RoboStrategy.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $433M | $30M | 5.2x | 3.5x | 74.9x | 25.6x | |||
| $73M | ($15M) | 15.8x | 13.0x | (76.1x) | 89.6x | |||
| $20M | ($27M) | 64.2x | - | (47.5x) | - | |||
| $44M | ($6M) | 22.8x | 11.6x | (163.7x) | - | |||
| $66M | ($6M) | 13.2x | - | (156.2x) | - | |||
| $132M | ($155M) | 8.8x | 5.0x | (7.5x) | (22.7x) | |||
| $214M | ($33M) | 6.6x | - | (42.5x) | - | |||
| $4M | ($577M) | 233.9x | 98.7x | (1.5x) | (6.6x) | |||
This data is available for Pro users. Sign up to see all Boston Dynamics competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Boston Dynamics
| When was Boston Dynamics founded? | Boston Dynamics was founded in 1992. |
| Where is Boston Dynamics headquartered? | Boston Dynamics is headquartered in Boston, MA, United States. |
| Is Boston Dynamics publicly listed? | No, Boston Dynamics was acquired by Hyundai in December 2020. |
| Who acquired Boston Dynamics? | Boston Dynamics was acquired by Hyundai in December 2020. |
| How much was Boston Dynamics acquired for? | Boston Dynamics was acquired for $1.1B in December 2020. |
| How much funding has Boston Dynamics raised? | Boston Dynamics has raised $37M across 1 funding round. |
| What was Boston Dynamics' last funding round? | Boston Dynamics' last funding round was a $37M undisclosed-stage round in February 2019, led by SoftBank Group. |
| Who are Boston Dynamics' investors? | Boston Dynamics' investors include SoftBank Group. |
| Which companies are comparable to Boston Dynamics? | Companies comparable to Boston Dynamics include Roark Aerospace, Sharpa, UBtech Robotics, Performance Drone Works, Forterra and Kodiak AI. |
| How many companies has Boston Dynamics acquired? | Boston Dynamics has acquired 1 company, including Kinema Systems. |
See companies similar to Boston Dynamics
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




