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Addverb

1134 employees

Addverb is at the global forefront of delivering innovation in robotics and automation, with a vision of pioneering human-robot collaboration. We empower businesses across diverse industries and geographies to revolutionise their intralogistics and supply chains by serving as a single source for both fixed and flexible automation solutions. We design and manufacture intelligent robots that are powered by our robust modular software suite, all developed in-house. Founded in 2016, Addverb has grown rapidly from its humble beginnings in Delhi NCR, India, to 15 global offices. We serve global clients across regions including but not limited to India, the USA, Southeast Asia, Europe, the Middle East, and Australia. Our esteemed clients—including Maersk, DHL, Reliance Group, PepsiCo, and Mondial Relay—leverage our warehouse automation solutions to: 1. Cut delivery time by 3x with our Mobile Robots 2. Increase floor space utilisation by 85% with Automated Storage and Retrieval System 3. Manage order fulfilment and returns smoothly with Sorting Robots 4. Achieve a pick accuracy of 99.99% with Picking Robots Our latest innovations in advanced robotics include: 1. Trakr, Assistive Robot Dog: Excels in facility inspections, patrols, and surveillance 2. Heal, Medical Cobot: Transforms healthcare with an innovative approach to rehabilitation and imaging 3. Exoskeleton: Provides wearable robotic assistance for upper limb support 4. Humanoid: Next-gen robotics for human-centric tasks 5. Syncro, Cobot: Engineered for collaborative operations Our global headquarters is in Delhi NCR, India. US Headquarters in Irvine, California. EMEA Headquarters in Zoetermeer, the Netherlands. Research facilities are based in California, USA, and Delhi NCR, India.

Investor insights

Funding rounds participated in

$132M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Automation Machinery Manufacturing

Sectors

Automation Machinery Manufacturing

Date founded

2016

Funding rounds raised

Total raised

$132M

from 1 investors over 1 rounds

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Addverb raised $132M on March 15, 2022

Investors: Reliance Industries

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