# Rethink Robotics

**Source:** https://www.startuphub.ai/startups/rethink-robotics
**Profile type:** Startup

> Developed collaborative robots designed for manufacturing and logistics tasks.

## About

Rethink Robotics was a company that developed and manufactured collaborative robots, often referred to as 'cobots'. Their robots were designed to work alongside humans in manufacturing and logistics environments, aiming to increase productivity and flexibility. The company focused on making automation more accessible to small and medium-sized businesses.

## Key facts

- **Slug:** rethink-robotics
- **Website:** https://www.rethinkrobotics.com/
- **Location:** Boston, USA
- **Founded:** 2008-01-01
- **Operating status:** Inactive
- **Total funding:** $100M
- **Sectors / tags:** Robotics, Manufacturing Automation, Logistics Automation, Cobots, Advanced Manufacturing

## Frequently asked

### What does Rethink Robotics do?

Rethink Robotics was a company that developed and manufactured collaborative robots, often referred to as 'cobots'. Their robots were designed to work alongside humans in manufacturing and logistics environments, aiming to increase productivity and flexibility. The company focused on making automation more accessible to small and medium-sized businesses.

### What is Rethink Robotics's revenue?

StartupHub estimates Rethink Robotics's annual revenue at $34.1M (range $7.5M to $67.6M, 27% confidence), based on comparable companies in the sector.

### What is Rethink Robotics's valuation?

StartupHub estimates Rethink Robotics's effective valuation at $374.4M (range $250.0M to $600.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Rethink Robotics raised?

Rethink Robotics has raised a total of $100M in funding. The most recent round on record is Series D.

### Where is Rethink Robotics headquartered?

Rethink Robotics is headquartered in Boston, USA.

### When was Rethink Robotics founded?

Rethink Robotics was founded in 2008.

### What industry does Rethink Robotics operate in?

Rethink Robotics operates in Robotics, Manufacturing Automation, Logistics Automation, Cobots, Advanced Manufacturing.

### What is Rethink Robotics's current status?

Rethink Robotics's current operating status is: Inactive.

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