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Financials

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-45 %82 %197 %-
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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More about Plus One Robotics
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Plus One Robotics is a technology startup that operates in the logistics and warehousing sector. The company specializes in developing and deploying robotic material handling solutions, with a focus on improving the efficiency and safety of warehouse operations. Their key product, Pick One, is an AI Vision Software that helps companies achieve nearly 100% accuracy in their picking operations, leading to significant reductions in operational costs.

The company's solutions are designed to support 24/7 fulfillment operations, with trained remote supervisors available round the clock. This not only improves sorting and picking throughput but also creates a safer workplace for employees by reducing the need for manual labor in potentially hazardous environments.

Plus One Robotics serves a wide range of industries, leveraging its high-speed induction and mixed depalletization systems to solve unique logistical challenges. With over 700 million picks in production, the company has demonstrated its ability to deliver tangible benefits to its clients.

The company's business model revolves around selling its AI-powered robotic solutions to companies operating warehouses and distribution centers. By improving efficiency and reducing operational costs, Plus One Robotics' solutions provide a strong return on investment, making them an attractive proposition for businesses looking to optimize their logistics operations.

In terms of financial performance, Plus One Robotics is in a growth phase, as evidenced by its recent hiring of new Sales Directors. The company's focus on AI-driven robots for high-speed sorting and depalletizing indicates a commitment to staying at the forefront of technological advancements in the logistics sector.

Keywords: Robotics, Artificial Intelligence, Logistics, Warehousing, Efficiency, Safety, 24/7 Operations, Cost Reduction, High-Speed Sorting, Depalletizing.

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