FORT Robotics Funding, Investors & Competitors

FORT Robotics has raised $77M across 4 funding rounds, most recently a $20M undisclosed-stage round in October 2026.

Last FORT Robotics funding round

$20M

Undisclosed stage · Oct 2026

Cumulative funding FORT Robotics raised

$77M

across 4 funding rounds

Key investors in FORT Robotics

  • Tiger Global
  • FundersClub
  • Creative Ventures
  • Mark Cuban
  • Compound
  • Prime Movers Lab
  • Prologis Ventures
  • Lemnos VC

FORT Robotics Overview

About FORT Robotics

FORT Robotics is a Baltimore-headquartered provider of wireless safety and security systems for autonomous machines. It offers the FORT Safety Controller for drones and robots, integrating geofencing, remote ID, and cybersecurity features compliant with FAA and ASTM standards. The company serves industries like energy inspections, construction, and agriculture, with deployments on over 10,000 machines worldwide.


Founded

2018

HQ

United StatesPhiladelphia, PA

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

FORT Robotics Funding History

FORT Robotics has raised a total of $77M across 4 funding rounds.

FORT Robotics' first fundraising round was a $13M Series A in March 2021. The most recent completed round was a $20M undisclosed-stage round in October 2026.

FORT Robotics funding rounds

FORT Robotics funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2026Undisclosed stageTiger Global (lead); Mark Cuban Companies$20MFORT Robotics announced approximately USD 20 million in new commitments from existing investors on 22 October 2026, led by Tiger Global with participation from Mark Cuban Companies. Tiger Global is leading an approximately USD 10 million financing, expected to close that week, and has committed a further USD 10 million to the common equity PIPE tied to FORT's proposed business combination with Newbury Street II Acquisition Corp. Together with earlier PIPE commitments, total committed capital for that combination now exceeds USD 50 million. Tiger Global partner Griffin Schroeder said the continued investment reflects conviction in FORT's progress. FORT, founded in 2018 by Samuel Reeves, describes itself as the trust layer for physical AI, providing safety and security hardware and software for autonomous machines. Its technology is deployed across more than 19,500 units for over 600 customers, including Agility Robotics, Google DeepMind, Zoox and DoorDash, and the company holds 25 patents. It is based in Philadelphia, and its 2025 revenue grew 62 percent year on year.
Aug 2025Series BTiger Global (lead); Creative Ventures; GRIDS Capital; Prime Movers Lab; Neman Ventures; Ahoy Capital; Mark Cuban; FundersClub; Gaingels; Mana Ventures; Ryuu Co.$19MFORT Robotics, a Philadelphia-based leader in safety and security solutions for intelligent machines, announced the close of an additional $18.9 million in its Series B funding round on August 6-7, 2025, led by Tiger Global. This extension brings the company's total funding to $60.5 million to date, with participation from returning investors including Prime Movers Lab, Mark Cuban, FundersClub, Creative Ventures, GRIDS Capital, and Ahoy Capital, as well as new investors Neman Ventures, Mana Ventures, Gaingels, and Ryuu Co. of Japan. The funding underscores investor confidence in FORT's role as a key enabler for safety in the rapidly expanding robotics and physical AI ecosystem, particularly as autonomous systems deploy at scale in sectors like autonomous vehicles, agriculture, construction, defense, factory automation, and humanoid robotics. CEO Samuel Reeves highlighted accelerating customer growth and the vital need for robust functional safety as robot fleets integrate with human workforces. Proceeds will fuel innovation in safe, secure, and dynamic control for machine builders and users, supporting FORT's expansion amid industry inflection points. Prior rounds included a $13 million Series A in March 2021 led by Prime Movers Lab and a $25 million Series B in July 2022 led by Tiger Global, contributing to the prior total of $38 million before this extension.
Jul 2022Series BTiger Global (lead); Creative Ventures; GRIDS Capital; Compound; Prologis Ventures; FundersClub; Lemnos VC$25MFORT Robotics, a pioneer in communications and control for smart machines, closed a $25 million Series B funding round on July 12, 2022, led by Tiger Global, bringing total funding to $41.5 million. Participants included Lemnos, GRIDS Capital, Creative Ventures, Compound, FundersClub, and Prologis Ventures. The funds were allocated to accelerate rollout of its machine communications platform, enhancing safety and security for autonomous machines through hardware like wireless emergency stops and remote control systems used by customers such as Agility Robotics, Hexagon, and Moog. The platform addresses growing demand in automation by expanding functionality and security offerings as autonomous systems proliferate. Tiger Global highlighted the critical need for trusted machine communications amid exponential deployment of autonomous systems. This round followed a $13 million Series A in March 2021 led by Prime Movers Lab. A later Series B extension in August 2025 added $18.9 million led by Tiger Global, with returning investors including Prime Movers Lab, Mark Cuban, FundersClub, Creative Ventures, GRIDS Capital, and Ahoy Capital, plus new investors, raising total funding to $60.5 million.
Mar 2021Series APrime Movers Lab (lead); Creative Ventures; Compound; Prologis Ventures; Ahoy Capital; Mark Cuban; FundersClub; Lemnos VC; Quiet Capital$13MFORT Robotics is a safety and security platform for smart machines, focused on preventing accidents during human-robot collaboration across autonomous vehicles, robotics, factory automation, and other industrial applications. The company provides safety software and dynamic control solutions for intelligent autonomous systems. In March 2021, FORT Robotics closed a $13 million Series A funding round led by Prime Movers Lab, with participation from Prologis Ventures, Ahoy Capital, FundersClub, Compound, Lemnos Labs, Quiet Capital, Creative Ventures, and NBA Dallas Mavericks owner Mark Cuban. CEO Samuel Reeves stated the capital would be used to double the company's workforce from 33 employees and expand product offerings as the robotics and autonomous systems markets accelerated. At the time of the Series A, the company positioned itself at the forefront of the emerging autonomous systems industry, targeting deployment across multiple sectors including autonomous vehicles, factory automation, agriculture, construction, and defense applications. The investment thesis centered on the growing need for robust functional safety systems as autonomous systems proliferated in industrial and commercial environments.

Who has invested in FORT Robotics?

16 investors have backed FORT Robotics across its funding rounds, including Tiger Global, FundersClub, Creative Ventures, Mark Cuban, Compound and Prime Movers Lab.

Lead investors include Tiger Global and Prime Movers Lab.


FORT Robotics Investors

Investors in FORT Robotics by funding rounds participated
InvestorHQRoundsRoleFirst check
Creative VenturesUnited StatesSan Francisco, CA3ParticipantMar 2021
FundersClubUnited StatesSan Francisco, CA3ParticipantMar 2021
Tiger GlobalUnited StatesNew York City, NY3LeadJul 2022
GRIDS CapitalBrazilSão Paulo2ParticipantJul 2022
CompoundUnited StatesNew York City, NY2ParticipantMar 2021
Prime Movers LabUnited StatesJackson, MS2LeadMar 2021
Prologis VenturesUnited StatesSan Francisco, CA2ParticipantMar 2021
Ahoy CapitalUnited StatesSan Francisco, CA2ParticipantMar 2021
Mark CubanUnited StatesDallas, TX2ParticipantMar 2021
Lemnos VCUnited StatesSan Francisco, CA2ParticipantMar 2021
Neman VenturesUnited StatesMiami, FL1ParticipantAug 2025
Mark Cuban CompaniesUnited StatesDallas, TX1ParticipantOct 2026
GaingelsUnited StatesBurlington, VT1ParticipantAug 2025

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Acquisitions by FORT Robotics

FORT Robotics has acquired 1 company to date.

Last acquisition by FORT Robotics was on May 26th 2026. FORT Robotics acquired Mapless AI for undisclosed valuation.


Latest Acquisitions by FORT Robotics

Mapless AI
Description
Mapless AI is a Pittsburgh-headquartered research firm developing perception systems for autonomous vehicles and robotics. It creates safe navigation software using machine learning models trained on diverse urban datasets. The technology processes lidar, radar, and camera inputs to predict pedestrian and vehicle behaviors. Mapless AI collaborates with automotive OEMs to deploy Level 4 autonomy solutions.
HQ CountryUnited States
HQ City
Pittsburgh, PA
Deal Date26 May 2026
Valuationundisclosed
EV/Revenue
EV/EBITDA

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FORT Robotics Competitors

FORT Robotics competitors include listed companies like Symbotic and UBtech Robotics, and private ones like Apptronik, Sharpa, Sineva and Square Robot.

Public and private companies comparable to FORT Robotics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ApptronikUnited StatesAustin, TXPrivate--$5.3B-
SharpaSingaporeSingaporePrivate--$3.3B-
SinevaChinaHefeiPrivate--$1.8B-
Square RobotUnited StatesBoston, MAPrivate--$1.4B-
SymboticUnited StatesUnited StatesPublicly listed$2.2B($35M)$4.8B1.2x
UBtech RoboticsChinaChinaPublicly listed$300M($109M)$4.2B8.2x

FORT Robotics Public Comps

FORT Robotics is still privately-owned, but its public comps include Tesla, Siemens, Schneider Electric, ABB, Hitachi, Stryker, Mitsubishi, Emerson Electric, Johnson Controls and Honeywell.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B14.6x13.1x137.6x93.2x
Siemens$88B$15B3.0x2.8x18.0x15.5x
Schneider Electric$45B$9.2B3.7x3.4x18.2x15.5x
ABB$33B$6.9B4.5x4.0x21.8x18.2x
Hitachi$67B$11B1.8x1.7x11.3x10.7x
Stryker$25B$6.3B5.4x5.1x21.5x17.9x
Mitsubishi$120B$8.5B1.2x1.2x17.5x21.4x
Emerson Electric$18B$4.7B5.6x5.3x21.5x18.3x

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Common questions about FORT Robotics

When was FORT Robotics founded?FORT Robotics was founded in 2018.
Where is FORT Robotics headquartered?FORT Robotics is headquartered in Philadelphia, PA, United States.
Is FORT Robotics publicly listed?No, FORT Robotics is a private, VC-backed company.
How much funding has FORT Robotics raised?FORT Robotics has raised $77M across 4 funding rounds.
What was FORT Robotics' last funding round?FORT Robotics' last funding round was a $20M undisclosed-stage round in October 2026, led by Tiger Global.
Who are FORT Robotics' investors?FORT Robotics' investors include Creative Ventures, FundersClub, Tiger Global, GRIDS Capital, Compound, Prime Movers Lab, Prologis Ventures, Ahoy Capital, Mark Cuban, Lemnos VC and 6 others.
Which companies are comparable to FORT Robotics?Companies comparable to FORT Robotics include Apptronik, Sharpa, Sineva, Square Robot, Symbotic and UBtech Robotics.
How many companies has FORT Robotics acquired?FORT Robotics has acquired 1 company, including Mapless AI.

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