Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues8.5m8.5m8.0m14.9m16.3m
% growth--(6 %)86 %9 %
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DateInvestorsAmountRound

$5.0m

Seed

$5.0m

Series A
*

$11.0m

Series A

$22.0m

Series B

$10.0m

Series B
N/A

$10.0m

Series B
Total FundingCAD85.9m

Recent News about Clobotics

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Clobotics is a technology startup that leverages computer vision and Internet of Things (IoT) devices to provide innovative solutions for two main sectors: retail and wind energy. Founded in November 2016 by experienced software industry professionals, Clobotics has quickly established a global presence with offices in the USA and China.

In the retail sector, Clobotics Retail Services uses advanced computer vision technology and IoT devices to gather and analyze data from physical stores. This helps retailers make informed decisions about sales and marketing strategies. For example, Clobotics' technology can monitor product placement, shelf stock levels, and customer interactions in real-time, providing actionable insights that can improve store performance and customer satisfaction.

In the wind energy sector, Clobotics Wind Services offers comprehensive inspection, repair, and maintenance services for wind turbines. Using autonomous drones equipped with computer vision, Clobotics can perform detailed inspections of wind turbines, identifying potential issues before they become serious problems. This not only enhances the safety and efficiency of wind farms but also helps in reducing operational costs.

Clobotics operates in the global market, serving a diverse range of clients from retail giants like Coca-Cola to wind energy companies. The company's business model revolves around providing end-to-end solutions that combine software and hardware to automate labor-intensive and often hazardous tasks. By offering real-time, data-driven insights, Clobotics helps its clients improve operational efficiency and business performance.

Revenue is generated through service contracts, software licensing, and the sale of specialized hardware like autonomous drones and IoT devices. The company's solutions are designed to be scalable, allowing them to cater to both small businesses and large enterprises.

In summary, Clobotics is a forward-thinking company that uses cutting-edge technology to solve real-world problems in retail and wind energy sectors, making operations safer, smarter, and more sustainable.

Keywords: Computer Vision, IoT, Retail Analytics, Wind Turbine Inspection, Autonomous Drones, Data Insights, Operational Efficiency, Global Market, Technology Solutions, Real-time Analysis.

Tech stack

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