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High Tech Series A Founded 2017

Corvus Robotics

Corvus Robotics is an autonomous robotics company that develops drone systems and AI-powered tools for warehouse inventory management and supply chain optimization. The company's product portfolio includes Corvus One, an autonomous inventory management system that uses self-flying indoor drones to automatically cycle count pallets across warehouses by scanning pallet labels on racks; Corvus One for Cold Chain,…

📍 San Francisco, United States · Drones,

Funding snapshot

Last roundSeries A
Amount$18M
Date16 September 2024
Total raised$28M
Team size40

About

Corvus Robotics is an autonomous robotics company that develops drone systems and AI-powered tools for warehouse inventory management and supply chain optimization. The company's product portfolio includes Corvus One, an autonomous inventory management system that uses self-flying indoor drones to automatically cycle count pallets across warehouses by scanning pallet labels on racks; Corvus One for Cold Chain, providing autonomous inventory visibility in freezer and cold storage environments; Corvus Trident, an AI copilot for forklifts that tracks all pallet moves in real time; and AIMS for inventory management. The platform delivers never-before-collected operations data into one unified system, with 1-week onsite deployment, on-premises data storage, and integration with any WMS via API or standalone operation. Customers include Fortune 500 and Global 2000 enterprises such as GNC Holdings, Southern Glazer's Wine and Spirits, Dermalogica (Unilever), and MSI Surfaces, with results including 20x faster cycle counting, $110,000 in labor reallocation per site, $1.25M in recovered lost inventory, up to 52 cycle counts per year (up from monthly), 35,000+ verified discrepancies found, and fully autonomous lights-out flights with no operators on site. Founded in 2017 and headquartered in San Francisco, California, Corvus Robotics has raised $28.1M in Series A funding from investors including Spero Ventures, S2G Investments, One Way Ventures, F7 Ventures, Y Combinator, Arch Grants, Zeno Ventures, Greentown Labs, Virta Ventures, VentureSouq, Cathexis Ventures, Dynamo Ventures, Stellar Ventures, Windward Capital Ventures, Emerging Ventures, GoAhead Ventures, and Zeno Partners.

Business model

SCM Software > Warehouse Management > Inventory Management Solution > Inventory Counting > Drone Based,

Drones > Tech Enabled Services > Logistics > Warehouse Operations > Inventory Tracking,

Logistics Tech > Warehousing > Enablers > Robotics > Diversified > Drones,

Y Combinator Batches > 2018 > Summer

Team background

College Wise > Massachusetts Institute of Technology

Institutional investors

Spero Ventures S2G Investments One Way Ventures F7 Ventures Y Combinator Arch Grants Zeno Ventures Greentown Labs Virta Ventures VentureSouq Cathexis Ventures Dynamo Ventures Stellar Ventures Windward Capital Ventures Emerging Ventures

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