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Locus Robotics

Locus Robotics was spun out of Quiet Logistics in 2014 by Bruce Welty, Michael Johnson, and team, and became an independent company in 2016 based in Wilmington, Massachusetts. The company builds the LocusBot family of autonomous mobile robots that collaborate with human pickers in e-commerce and retail fulfillment centers. Rick Faulk joined as CEO in 2016 and has led the company through its scaling phase. Locus customers include DHL, GEODIS, Radial, Boots, and many large 3PLs; the fleet logged over 4 billion robot-assisted picks by 2025. In November 2022, Locus raised more than USD 117 million in Series F funding led by Goldman Sachs Asset Management and G2 Venture Partners, bringing its valuation close to USD 2 billion and total funding above USD 400 million. Additional Series F participants included Stack Capital, Next47, Stafford Capital Partners, HESTA, Scale Venture Partners, BOND, Silicon Valley Bank, and Hercules Capital. No larger round has been announced since; the company has focused on operating efficiency and measured headcount growth through 2024 and 2025.
Locus is the largest Western pure-play AMR vendor and the closest US analog to Geek+, setting pricing and deployment benchmarks for the goods-to-person market outside China.
locusrobotics.com AMRUnited States flagUnited Statesprivate

At a glance

Total raised
$425M
last round series f
Headcount
201-500
approximate · public range
Headquarters
Wilmington, Massachusetts
United States flagUnited States
Founded
2014
12 years active
Status
Private
AMR
Latest valuation
$2B
Series F · 2022
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