Slip Robotics Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Slip Robotics Inc. - overview
Established
2020
Location
Atlanta, GA, US
Primary Industry
Industrial Machinery
About
Slip Robotics Inc. is a US-based company specializing in innovative autonomous loading and unloading solutions for dock operations, enhancing efficiency across various freight types and truck configurations. Founded in 2020 and headquartered in Atlanta, US, Slip Robotics Inc. focuses on autonomous solutions for dock operations.
The company was founded by Christopher Smith, Dennis Siedlak, and John Jakomin. In total, Slip Robotics has secured USD 28 mn in funding through 5 deals, with the most recent Series B round completed on October 29, 2024, led by DCVC and including several returning investors. The current company valuation is USD 71. 686 mn.
Slip Robotics specializes in autonomous loading and unloading solutions designed to enhance dock operations across various freight types and truck configurations. Their primary offerings include SlipBot and SlipLift, robots that operate independently at any dock without the need for internet connectivity or infrastructure modifications. These robots are engineered for efficiency, capable of loading and unloading trucks in approximately five minutes, significantly reducing the time and labor associated with traditional manual processes. Their technology caters to a diverse client base that encompasses manufacturing, distribution, and retail sectors, effectively handling a wide range of freight including pallets, parcels, and oversized loads.
Slip Robotics serves markets in North America and Europe, focusing on industries such as automotive, heavy manufacturing, furniture, aerospace, and foodservice, providing solutions tailored to optimize dock operations and streamline supply chain logistics. Slip Robotics operates on a Robots-as-a-Service (RaaS) model, encompassing both the provision of their robotic platforms and ongoing support services, including routine maintenance and software updates. Clients typically engage in long-term partnerships that involve a subscription-based pricing structure, allowing for flexibility and scalability according to operational needs. Transactions occur on a B2B basis, where companies in the manufacturing and distribution sectors contract Slip Robotics for their autonomous loading solutions, enhancing productivity and safety within their facilities.
The pricing structure is designed to accommodate various operational requirements, with specific terms outlined for each client based on the chosen platform, either SlipBot or SlipLift, ensuring that businesses can select the right solution for their unique dock automation challenges. In October 2024, Slip Robotics Inc. raised USD 28 mn in Series B funding led by new investor DCVC, with participation from returning investors Tech Square Ventures, Overline, Northwood Ventures, Hyde Park Ventures, EVE Atlas, and Pathbreaker Ventures. The company plans to use this funding to support market expansion and accelerate its continued commercial growth along with research and development, focusing on delivering greater value to customers.
The upcoming strategies include designing new products and expanding into new geographic markets.
Current Investors
Tech Square Ventures, Northwood Ventures, DCVC
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery, Industrial Wholesalers
Website
www.sliprobotics.com
Verticals
Manufacturing, Robotics
Company Stage
Series B
Total Amount Raised
Subscriber access only
Slip Robotics Inc. - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.