Skip to content
High Tech Series B Founded 2012

IAM Robotics

IAM Robotics, now operating as Onward Robotics, delivers collaborative robotics and automation solutions for fulfillment operations, coordinating humans and robots as a cohesive system to revolutionize warehousing, distribution, and e-commerce. The company combines proprietary software with person-to-goods mobile robots to increase efficiency, productivity, flexibility, and speed for companies that need to remain…

📍 Pittsburgh, United States · Professional Service Robots,

Funding snapshot

Last roundSeries B
Amount$20M
Date15 November 2018
Total raised$20M
Team size91

About

IAM Robotics, now operating as Onward Robotics, delivers collaborative robotics and automation solutions for fulfillment operations, coordinating humans and robots as a cohesive system to revolutionize warehousing, distribution, and e-commerce. The company combines proprietary software with person-to-goods mobile robots to increase efficiency, productivity, flexibility, and speed for companies that need to remain competitive and grow. Its solution integrates autonomous mobile robots with warehouse management systems, enabling dynamic picking, packing, and material movement without requiring fixed infrastructure modifications. The platform serves third-party logistics providers, retailers, and manufacturers seeking to automate repetitive fulfillment tasks while maintaining human oversight for exception handling and quality control. By bridging the gap between human workers and robotic systems, the company addresses labor shortages and fulfillment centers operations. Founded in 2012 and headquartered in Pittsburgh, United States, the company has raised approximately $20.5M in Series B funding from investors including Plug and Play Tech Center, Fusion Fund, Innovation Works, and Comet Labs.

Business model

SCM Software > Warehouse Management > Warehouse Automation Tools,

Professional Service Robots > Logistics > Warehouse Automation,

Logistics Tech > Warehousing > Enablers > Robotics > Material Picking and Handling,

Innovation Works Batches > AlphaLab,

Plug and Play Tech Center Batches > Supply Chain > Batch 2

Institutional investors

Plug and Play Tech Center Comet Labs Fusion Fund Innovation Works AlphaLab Chambiz RCR Collaborative Quaker Capital Investments 99 Tartans

Latest coverage

No articles yet.

Raising like IAM Robotics?

Analyze your pitch deck before your next raise.

Analyze My Deck →