Locus Robotics

Warehouse robotics automation.

About

Founded

2014

Headquarters

Wilmington, Massachusetts

Industry

Robotics

Company Description

Locus Robotics is the world leader in revolutionary, enterprise-level, warehouse automation solution, incorporating powerful and intelligent autonomous mobile robots (AMRs) that operate collaboratively with human workers to dramatically improve product movement and productivity 2–3X. Named to the Inc. 500 three years in a row, and winning over 25 industry and technology awards, the Locus solution dramatically increases order fulfillment productivity, lowers operational costs, and improves workplace quality, safety, and ergonomics for workers.

Quick Links

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Funding

Total Raised

$416 million

Valuation

~$2 billion

Significant Investors

G2 Venture Partners, Goldman Sachs, Stack Capital Group, Next47, Stafford Capital Partners, HESTA, Newton Investment Management North America, Gray’s Creek Capital, Silicon Valley Bank, Hercules Capital, BOND, Scale Venture Partners, Tiger Global Management

Company Traction

  • As of November 2022, Locus Robotics has 90 customers, up from 40 customers and 80 warehouses in February 2021, including Whiplash, Evo, DHL, Radial, and CEVA Logistics.
  • As of November 2022, Locus Robotics has 230 sites under contract, with as many as 500 LocusBots per site.
  • In September 2022, Locus Robotics surpassed its 1 billion picks and averaged 3 million per day.

Leadership Team

  • Rick Faulk: Co-Founder & CEO at Locus Robotics. Former CEO at Quiet Logistics. 
  • Mike Johnson: President and COO at Locus Robotics. Former President at Quiet Logistics.
  • Dustin Pederson: CFO at Locus Robotics. Former SVP of Finance and Operations at Cogito Corp.
  • Al Dekin: Co-Founder & CRO of Locus Robotics. Former Co-Fonder & SVP of Sales and Marketing at Quiet Logistics. 
  • Sean Johnson: CTO at Locus Robotics. Former SVP of Information Systems at Quiet Logistics.

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