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Symbotic
AddedFeb 19, 2024
UpdatedJun 18, 2026
Symbotic

Symbotic

Public

Symbotic Inc: An American AI-powered warehouse automation firm, revolutionizing global supply chains.

HQ
Wilmington, NC, US
Founded
2007
Overview
Compare
Fundraising
Employees
Website

Founded in 2007 and headquartered in Wilmington, Massachusetts, Symbotic Inc. is an American company specializing in AI-powered warehouse automation. The company's core mission is to revolutionize global supply chains through advanced robotic and software platforms. Symbotic offers end-to-end, scalable automation solutions that integrate, orchestrate, and optimize fleets of industrial robots, enhancing the efficiency, accuracy, and agility of warehouse operations. Their market focus includes retail, wholesale, and food companies across the United States and Canada.

Key people affiliated with Symbotic include Richard B. Cohen, who serves as Chairman and CEO. The company has made significant strides in the industry, with its technology being utilized by 1,400 stores. Symbotic is publicly traded on Nasdaq under the ticker symbol SYM. Its notable achievements include transforming warehouse modernization and significantly improving the flow of goods and supply chain economics. Overall, Symbotic has had a substantial impact on the logistics automation industry, setting new standards for efficiency and innovation.

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Symbotic - Quick Facts

Who are Symbotic's competitors?

Companies similar to Symbotic include Syncware, Symbio Robotics, Locus Robotics and Prime Robotics.

When was Symbotic founded?

Symbotic was founded in 2007.

Where is Symbotic's headquarters located?

Symbotic's headquarters is located in Wilmington, NC, US.

When was Symbotic's last funding round?

Symbotic's most recent funding round was for $405M (USD) in June 2022.

How much has Symbotic raised to-date?

As of Jun 8, 2022, Symbotic has raised a total of $405M (USD).

How many employees does Symbotic have?

Symbotic has 1,120 employees as of Feb 5, 2024.

Symbotic - Classification

Industry
  • Hardware
Ownership
  • Public
Technology
  • AI
  • Robotics
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Warehouse Automation
Unique IDs
  • secCik: 0001837240
  • ticker: SYM
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 3560General Industrial Machinery And Equipment
  • 3569General Industrial Machinery And Equipment, Not Elsewhere Classified
  • 3500Industrial And Commercial Machinery And Computer Equipment
ISIC
  • 7210Research and experimental development on natural sciences and engineering
Show 30 more industry codes
NAICS
  • 310000Manufacturing
  • 333400Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
  • 333410Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
  • 333414Heating Equipment (except Warm Air Furnaces) Manufacturing
  • 333900Other General Purpose Machinery Manufacturing
  • 333990All Other General Purpose Machinery Manufacturing
  • 333998All Other Miscellaneous General Purpose Machinery Manufacturing
  • 513200Software Publishers
  • 330000Manufacturing
  • 510000Information
  • 314000Textile Product Mills
  • 333000Machinery Manufacturing
  • 513000Publishing Industries
  • 314900Other Textile Product Mills
  • 541700Scientific Research and Development Services
  • 314990All Other Textile Product Mills
  • 513210Software Publishers
  • 541710Research and Development in the Physical, Engineering, and Life Sciences
  • 314999All Other Miscellaneous Textile Product Mills
  • 541715Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
SIC
  • 4000Railroad Transportation
  • 5000Wholesale Trade-durable Goods
  • 6700Holding And Other Investment Offices
  • 7300Business Services
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 8730Research, Development, And Testing Services
  • 7371Computer Programming Services
  • 7372Prepackaged Software
  • 8731Commercial Physical and Biological Research