- Companies
- Nimble Robotics
Nimble Robotics Valuation, Funding & Investors
Nimble Robotics is valued at $1B as of October 2024.
Last Nimble Robotics valuation
$1B
Series C · Oct 2024
Last Nimble Robotics funding round
$106M
Series C · Oct 2024
Cumulative funding Nimble Robotics raised
$221M
across 3 funding rounds
Key investors in Nimble Robotics
GSR Ventures
DNS Capital
Cedar Pine
Accel
StartX (Stanford-StartX Fund)
Breyer Capital
About Nimble Robotics
Nimble Robotics, founded in 2017 by Simon Kalouche and based in San Francisco, develops AI-powered autonomous fulfillment systems using general-purpose warehouse robots that pick, pack, sort, and handle core fulfillment tasks roughly three times faster than manual labor. Its turnkey, end-to-end fulfillment centers use deep imitation learning to let robots integrate into a customer's existing operations without requiring changes to its warehouse management systems, replacing fragmented automation equipment and software. The robots handle products across categories including apparel, electronics, groceries, and general merchandise.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$1B (Oct 2024)
Nimble Robotics Valuation
Nimble Robotics is currently valued at $1B, based on its Series C in October 2024.
The $106M round was led by Cedar Pine and FedEx.
Nimble Robotics valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2024 | Series C | $1B |
Nimble Robotics Funding History
Nimble Robotics has raised a total of $221M across 3 funding rounds.
Nimble Robotics' first fundraising round was a $50M Series A in March 2021. The most recent completed round was a $106M Series C in October 2024.
Nimble Robotics funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2024 | Series C | Cedar Pine (lead); FedEx (lead) | $106M | $1B | Nimble Robotics develops AI-powered autonomous fulfillment systems featuring general-purpose warehouse robots capable of picking, packing, sorting, and handling all core fulfillment tasks 3x faster than manual labor. The company's turnkey solutions replace fragmented equipment and software vendors, reducing costs by up to 70% and addressing the limited adoption of robotics in warehouses, where over 90% still operate manually. Nimble positions itself against patchwork automation systems by offering end-to-end, fully autonomous 3PL centers that streamline installation, operations, and scalability. On October 23, 2024, Nimble closed a $106 million Series C funding round led by FedEx and co-led by existing investor Cedar Pine LLC, achieving a post-money valuation of $1 billion. Other participants included GSR Ventures, DNX Ventures, and Accel. The investment coincides with a strategic alliance, including a commercial agreement for FedEx to scale its FedEx Fulfillment service using Nimble's technology across North America. Proceeds will fund scaling of robot manufacturing, system deployments, and R&D in autonomous logistics, with recent launches like a robotic fulfillment center in New Jersey. This follows a $65 million Series B in March 2023 led by Cedar Pine and a corporate round with FedEx in September 2024. |
| Mar 2023 | Series B | Cedar Pine (lead); Breyer Capital; DNS Capital; GSR Ventures | $65M | - | Nimble Robotics is an AI robotics company developing autonomous logistics solutions for e-commerce fulfillment, focusing on fully automated 3PL warehouses that handle picking, packing, sorting, and other core tasks with general-purpose robots to reduce warehouse size by up to 75% and address labor shortages. The company's technology aims to replace fragmented point solutions with end-to-end systems, improving ROI and scalability for brands seeking cost-effective automation without large upfront costs. In March 2023, Nimble raised $65 million in a Series B funding round led by Cedar Pine, with participation from existing investors DNS Capital, GSR Ventures, Breyer Capital, and others, bringing total capital raised to $115 million. The funds were intended to build a nationwide network of next-generation autonomous 3PL fulfillment centers and enhance its intelligent robotic fulfillment system. The leadership team includes executives from Amazon logistics and engineers from NASA, SpaceX, Tesla, Boston Dynamics, GoogleX, Stanford, Carnegie Mellon, and MIT. Cedar Pine's investment was driven by Nimble's technology lead in warehouse automation amid booming e-commerce growth, positioning it as a potential next-generation leader. Post-Series B, Nimble launched robotic fulfillment services targeting small and medium-sized businesses facing 2-day delivery pressures. In a later October 2024 Series C, Nimble raised $106 million led by FedEx and co-led by Cedar Pine, achieving a $1 billion valuation and forming a strategic alliance with FedEx for scaling fulfillment services. This propelled total funding to over $221 million, with plans for robot manufacturing expansion and R&D in autonomous logistics. |
| Mar 2021 | Series A | DNS Capital (lead); GSR Ventures (lead); Reinvent Capital; Fei-Fei Li; Jim Swartz; Georges Harik; Andy Rachleff; StartX (Stanford-StartX Fund); Accel | $50M | - | Nimble Robotics, founded in 2017 by Simon Kalouche and based in San Francisco, is an AI-powered robotics company specializing in autonomous e-commerce fulfillment. The company develops intelligent robots capable of picking, packing, sorting, and handling products across apparel, electronics, groceries, and general merchandise in warehouse environments. Nimble's technology uses deep imitation learning, enabling robots to integrate into customer operations without requiring changes to existing warehouse management systems. The robots are described as a plug-and-play solution that can achieve production deployment on day one. In March 2021, Nimble closed a Series A round raising $50 million led by DNS Capital and GSR Ventures, with participation from Accel and Reinvent Capital. The Series A funding was intended to deploy more robots to customers and accelerate hiring for product and technology development. By the time of the Series C round in October 2024, Nimble had achieved a $1 billion post-money valuation and raised $106 million, bringing total funding to $221 million. The company reported picking over 100,000 items per day from multiple Fortune 500 fulfillment centers, demonstrating significant commercial traction in a market where more than 90% of warehouses still operated manually with minimal robotics integration. |
Who has invested in Nimble Robotics?
12 investors have backed Nimble Robotics across its funding rounds, including GSR Ventures, DNS Capital, Cedar Pine, Accel, StartX (Stanford-StartX Fund) and Breyer Capital.
Lead investors include Cedar Pine, FedEx, DNS Capital and GSR Ventures.
Nimble Robotics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Mar 2023 | ||
| 2 | Lead | Mar 2021 | ||
| 2 | Lead | Mar 2021 | ||
| 1 | Participant | Mar 2023 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Participant | Mar 2021 | ||
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Start Free TrialNimble Robotics Competitors
Nimble Robotics competitors include listed companies like Extreme Vision and Cidi, and private ones like Dexterity, Cornerstone Robotics, Forterra and Gravis Robotics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | $82M | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $44M | ($6M) | $1B | 11.6x | ||
| Publicly listed | $132M | ($155M) | $1.3B | 5.0x |
Nimble Robotics Public Comps
Nimble Robotics is still privately-owned, but its public comps include SEER Robotics, Hangzhou SF Intra-City, Extreme Vision, Reysaş Lojistik, CTT Correios de Portugal, Logwin, NTG Nordic Transport, Heartland Express, Marten Transport and Ferrari Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $66M | ($6M) | 13.2x | - | (156.2x) | - | |||
| $3.4B | $54M | 0.2x | 0.2x | 11.8x | 8.4x | |||
| $44M | ($6M) | 22.8x | 11.6x | (163.7x) | - | |||
| $257M | $142M | 4.8x | - | 8.6x | - | |||
| $1.4B | $202M | - | - | - | - | |||
| $1.6B | $131M | 0.4x | 0.4x | 4.7x | 4.7x | |||
| $1.8B | $135M | 0.7x | 0.7x | 9.6x | 8.2x | |||
| $806M | $102M | 1.2x | 1.3x | 9.9x | 6.8x | |||
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Common questions about Nimble Robotics
| When was Nimble Robotics founded? | Nimble Robotics was founded in 2017. |
| Where is Nimble Robotics headquartered? | Nimble Robotics is headquartered in United States. |
| Is Nimble Robotics publicly listed? | No, Nimble Robotics is a private, VC-backed company. |
| What is Nimble Robotics' valuation? | Nimble Robotics was last valued at $1B in its Series C in October 2024. |
| How much funding has Nimble Robotics raised? | Nimble Robotics has raised $221M across 3 funding rounds. |
| What was Nimble Robotics' last funding round? | Nimble Robotics' last funding round was a $106M Series C in October 2024, led by Cedar Pine and FedEx. |
| Who are Nimble Robotics' investors? | Nimble Robotics' investors include Cedar Pine, DNS Capital, GSR Ventures, Breyer Capital, Reinvent Capital, Fei-Fei Li, Jim Swartz, Georges Harik, Andy Rachleff, StartX (Stanford-StartX Fund) and 2 others. |
| Which companies are comparable to Nimble Robotics? | Companies comparable to Nimble Robotics include Dexterity, Cornerstone Robotics, Forterra, Gravis Robotics, Extreme Vision and Cidi. |
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