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- Realtime Robotics
Realtime Robotics Revenue, Valuation, Funding & Investors
Realtime Robotics is valued at $97M as of May 2024.
Last Realtime Robotics valuation
$97M
Series B · May 2024
Last Realtime Robotics funding round
$21M
Series B · May 2024
Realtime Robotics revenue
$20M
Series A · Jun 2023
Key investors in Realtime Robotics
Toyota Ventures
Scrum Ventures
Mirai Creation Fund
Mitsubishi Electric
Heroic Ventures
Duke Angel Network
About Realtime Robotics
Realtime Robotics is a Boston-headquartered developer of collision-avoidance technology for industrial robots. The company produces the RapidPlan processor, which generates safe motion plans in milliseconds for dynamic environments. This hardware-software solution integrates with robotic arms from FANUC, ABB, and KUKA, enabling applications in automotive manufacturing and logistics. Founded in 2016, Realtime Robotics partners with Siemens and deployed systems in over 20 countries. Its ResolverX platform supports multi-robot coordination, reducing programming time by factors of ten compared to traditional methods.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Revenue
$20M (Jun 2023)
Valuation
$97M (May 2024)
Realtime Robotics Valuation
Realtime Robotics is currently valued at $97M, based on its Series B in May 2024.
The $21M round was led by Mitsubishi Electric.
Realtime Robotics' valuation has grown 1.2x from $80M at its Series A in June 2021 to $97M in May 2024, across 3 priced rounds.
Realtime Robotics valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2024 | Series B | $97M | - |
| Jun 2023 | Series A | $130M | 6.5x |
| Jun 2021 | Series A | $80M | - |
Realtime Robotics Revenue
Realtime Robotics' latest recorded revenue is $20M, as of its Series A in June 2023. At a $130M valuation, that implies a 6.5x revenue multiple.
Realtime Robotics revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2023 | $20M | $130M | 6.5x | Series A |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Realtime Robotics Funding History
Realtime Robotics has raised a total of $118M across 8 funding rounds.
Realtime Robotics' first fundraising round was a $2M seed round in October 2017. The most recent completed round was a $21M Series B in May 2024.
Realtime Robotics funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2024 | Series B | Mitsubishi Electric (lead) | $21M | $97M | Realtime Robotics develops collision-free autonomous motion planning software for industrial robots, enabling rapid optimization of robot workcells and runtime control to reduce programming time, costs, and collisions while boosting productivity. The company's RapidPlan software interfaces with leading simulation tools and controllers, serving clients like BMW, Volkswagen Commercial Vehicles, Valiant TMS, and Schaeffler Group, who report improved cycle times and throughput. On May 23, 2024, it issued 44,955,043 Series B preferred shares at $1.001 per share for gross proceeds of approximately $45 million, achieving a post-money valuation of $97.4 million, with $21.2 million received from three investors including lead Mitsubishi Electric under Regulation D. Mitsubishi Electric, a prior Series A participant, joined the board and plans to integrate Realtime's technology into its 3D simulators, factory automation devices like PLCs, servo motors, and CNCs to enhance digital twin-based manufacturing and operational efficiency. The funding supports scaling robot optimization solutions, developing additional interfaces for broader accessibility, and accelerating market adoption amid rising automation demands. Mitsubishi Electric brings over 100 years of factory automation experience. This Series B follows extended Series A efforts, including $31 million in 2021, $14.4 million in September 2023, and $9.5 million in June 2023 from Shinhan GIB and Kyobo Life Insurance, pushing total funding over $54 million at that point, with a prior valuation of $130 million noted in 2023. The investment aligns with industry shifts toward efficient robotics deployment in automotive and warehousing to address labor shortages and cost pressures. |
| Jun 2023 | Series A | Kyobo Life Insurance (lead); Shinhan GIB (lead) | $10M | $130M | Realtime Robotics is a Boston-based developer of collision-free autonomous motion planning software for industrial robots. The company's core product, RapidPlan, is a robot motion control and collision avoidance platform that reduces annual robotic automation costs by two-thirds and accelerates robot programming by up to 5x while eliminating collisions and manual adjustments. In June 2023, Realtime Robotics secured $9.5 million in funding from South Korean investors Shinhan GIB and Kyobo Life Insurance at a post-money valuation of $130 million. This funding round was part of an extended Series A that began in 2021 with a $31 million raise; including the $9.5 million investment and a prior $14.4 million raise in September 2022, the company had raised over $54 million to date. The capital was earmarked for product enhancements, customer feedback integration, and scaling go-to-market operations. Realtime Robotics has demonstrated traction with high-profile manufacturing clients including BMW Group and operates in the industrial robotics automation space where programming and integration costs account for 50–70% of total robot application costs. |
| Sep 2022 | Series A | Heroic Ventures (lead); SIP Global Partners (lead); Soundproof Ventures (lead) | $14M | - | Realtime Robotics develops collision-free autonomous motion planning software for industrial robots. The company launched RapidPlan in 2022, enabling manufacturers to design digital twins of workcells, automate robot programming, deployment, and control, and visualize collision-free task plans to speed up industrial automation in sectors like automotive and logistics. On September 8, 2022, Realtime Robotics raised $14.4 million in additional funding led by Soundproof Ventures, Heroic Ventures, and SIP Global Partners. This round followed a prior $31.4 million raise in 2021, bringing total funding to over $60 million. The investment supports scaling operations, engineering development, and enhancements to RapidPlan amid growing demand. Realtime Robotics pivoted from hardware to pure software to simplify integration into existing customer stacks. The software reduces programming time, increases throughput, and addresses automation gaps, with over 80% of warehouses lacking automation and expected robotics growth exceeding 50% in five years. |
| Jun 2021 | Series A | Omron Ventures; SPARX Group; SAIC Capital; Toyota Ventures; Soundproof Ventures; HAHN Automation; Heroic Ventures; Scrum Ventures; Duke Angel Network | $31M | $80M | Realtime Robotics, a Boston-based startup spun out from MIT and Duke, develops autonomous motion planning technology for industrial robots, enabling collision-free paths in milliseconds for tasks like pick-and-place, packaging, palletizing, and materials handling in unstructured environments. Its specialized processor allows robots to operate at full speed with minimal programming, reducing engineering complexity, cycle times, and costs while boosting throughput and ROI in manufacturing, logistics, and automotive sectors. The company serves global automotive manufacturers, their supply chains, and warehouse automation, with partners like Yaskawa integrating its tech for efficient robot cell deployment. On June 3, 2021, Realtime Robotics completed a $31.4 million Series A round, extending its original $11.7 million raise from October 2019 by adding $19.7 million, bringing total Series A funding to $31.4 million. Investors included new strategic backers HAHN Automation (or HAHN Group), SAIC Capital Management, Soundproof Ventures, and Heroic Ventures, alongside existing ones SPARX Asset Management, Omron Ventures (Toyota AI Ventures), Scrum Ventures, and Duke Angels. This extension valued the company at $80 million post-money, as stated by the company. The funding aims to accelerate product development, rollouts, and global market expansion, particularly deepening warehouse automation penetration while advancing collaborative systems where robots adapt motions to avoid human contact. Early deployments showed success across customers and partners refining features for factory, warehouse, and engineering operations. |
| Oct 2020 | Undisclosed stage | - | $20M | - | Realtime Robotics develops autonomous motion planning software for industrial robots, enabling collision-free operations in dynamic environments like manufacturing and logistics. The company, based in Boston, focuses on solutions such as RapidPlan for robot programming, simulation, control, and task management to reduce deployment time and costs. The seed round closed October 30, 2017, raising $2 million from investors including SPARX Group Ltd., Scrum Ventures, and Toyota AI Ventures to advance robotic systems and autonomous vehicle tech. The Series A announced June 3, 2021, raised $31.4 million from HAHN Group, SAIC Capital Management, Soundproof Ventures, Heroic Ventures, and existing backers like Omron Ventures and Toyota AI Ventures, aimed at product rollouts in warehouse automation and automotive. Subsequent raises included $14.4 million in September (year unspecified but pre-current $9.5M), another $9.5 million from Shinhan GIB and Kyobo Life Insurance to enhance products and scale go-to-market efforts, bringing total funding over $54 million as part of an extended Series A. Further funding of $9.5 million pushed totals to $71.3 million. Later valuations reached $130 million (undated TechCrunch reference) and $195 million as of May 2024. Traction noted includes customer deployments, partnerships with manufacturers, and focus on collaborative systems avoiding human contact. The company hires for robot control and software engineering to expand robot support and optimize cycle times in brownfield and greenfield setups, targeting automotive and warehouse sectors. |
| Oct 2019 | Series A | Mirai Creation Fund (lead); Omron Ventures; Toyota Ventures; Hyundai; Scrum Ventures; Mitsubishi Electric; Duke Angel Network | $12M | - | Realtime Robotics develops collision-free autonomous motion planning technology for industrial robots, enabling robots to navigate dynamic environments without custom engineering. The company specializes in a processor that allows robots to move efficiently, particularly in warehouse and logistics applications, saving time, money, and manpower. On October 16, 2019, Realtime Robotics raised $11.7 million in a Series A round led by Mirai Creation Fund, with participation from investors including Hyundai, Duke Angel Network, Mitsubishi Electric, Omron Ventures, Scrum Ventures, and Toyota Ventures. This round was part of an extended Series A that later totaled $31.4 million by June 2021, with an extension boosting valuation to $80 million. The technology attracted interest from automotive and manufacturing sectors, with early backing from Toyota during initial growth stages. Subsequent funding included a $2 million venture round in September 2020 and further extensions involving existing and new investors. |
| Mar 2019 | Series A | - | $8M | - | - |
| Oct 2017 | Seed | Mirai Creation Fund (lead); Toyota Ventures; Scrum Ventures | $2M | - | - |
Who has invested in Realtime Robotics?
15 investors have backed Realtime Robotics across its funding rounds, including Toyota Ventures, Scrum Ventures, Mirai Creation Fund, Mitsubishi Electric, Heroic Ventures and Duke Angel Network.
Lead investors include Mitsubishi Electric, Kyobo Life Insurance, Shinhan GIB, Heroic Ventures, SIP Global Partners and 2 other investors.
Realtime Robotics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Oct 2017 | ||
| 3 | Participant | Oct 2017 | ||
| 2 | Participant | Oct 2019 | ||
| 2 | Lead | Oct 2017 | ||
| 2 | Lead | Jun 2021 | ||
| 2 | Lead | Jun 2021 | ||
| 2 | Lead | Oct 2019 | ||
| 2 | Participant | Oct 2019 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Participant | Oct 2019 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Lead | Jun 2023 | ||
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Start Free TrialRealtime Robotics Competitors
Realtime Robotics competitors include listed companies like Innoviz, Safe Pro Group and Arbe Robotics, and private ones like Pan American Drone, DeFli Networks and XOCEAN.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $55M | ($62M) | $96M | 1.3x | ||
| Private | - | - | $100M | - | ||
| Publicly listed | $607K | ($14M) | $93M | 16.1x | ||
| Publicly listed | $1M | ($48M) | $86M | 22.0x | ||
| Private | $9M | - | $82M | 9.1x | ||
| Private | - | - | $116M | - |
Realtime Robotics Public Comps
Realtime Robotics is still privately-owned, but its public comps include Innoviz, Xtract One Technologies, Safe Pro Group, Kudan, Arbe Robotics, Minieye Technology, iMotion Automotive Tech, VenHub, AEye and Microvision.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $55M | ($62M) | 1.5x | 1.3x | (1.3x) | (1.3x) | |||
| $10M | ($7M) | 9.1x | 4.0x | (12.9x) | (52.9x) | |||
| $607K | ($14M) | 136.5x | 16.1x | (5.9x) | (12.5x) | |||
| $8M | ($1M) | 12.1x | 13.3x | (79.7x) | - | |||
| $1M | ($48M) | 68.7x | 22.0x | (1.5x) | (2.1x) | |||
| $113M | ($57M) | 0.5x | 0.3x | (0.9x) | (1.4x) | |||
| $149M | ($58M) | 0.7x | 0.5x | (1.9x) | - | |||
| $864K | ($62M) | 80.8x | - | (1.1x) | - | |||
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Common questions about Realtime Robotics
| When was Realtime Robotics founded? | Realtime Robotics was founded in 2016. |
| Where is Realtime Robotics headquartered? | Realtime Robotics is headquartered in Boston, MA, United States. |
| Is Realtime Robotics publicly listed? | No, Realtime Robotics is a private, VC-backed company. |
| What is Realtime Robotics' valuation? | Realtime Robotics was last valued at $97M in its Series B in May 2024. |
| How much funding has Realtime Robotics raised? | Realtime Robotics has raised $118M across 8 funding rounds. |
| What was Realtime Robotics' last funding round? | Realtime Robotics' last funding round was a $21M Series B in May 2024, led by Mitsubishi Electric. |
| Who are Realtime Robotics' investors? | Realtime Robotics' investors include Toyota Ventures, Scrum Ventures, Omron Ventures, Mirai Creation Fund, Soundproof Ventures, Heroic Ventures, Mitsubishi Electric, Duke Angel Network, SPARX Group, SAIC Capital and 5 others. |
| What is Realtime Robotics' revenue? | Realtime Robotics' latest recorded revenue is $20M (June 2023). |
| What is Realtime Robotics' revenue multiple? | Realtime Robotics' latest valuation implies a 6.5x revenue multiple ($130M valuation on $20M of revenue). |
| Which companies are comparable to Realtime Robotics? | Companies comparable to Realtime Robotics include Innoviz, Pan American Drone, Safe Pro Group, Arbe Robotics, DeFli Networks and XOCEAN. |
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