Relay Robotics

Relay Robotics

Supplier of simple, sophisticated, autonomous service robots that work with humans safely, securely, reliably. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€36—55m (Dealroom.co estimates May 2022.)
San Jose California (HQ)
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DateInvestorsAmountRound
*

$10.0m

Series A
Total Funding€9.1m

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Relay Robotics is a leading company in the robotics solutions sector, specializing in the development of advanced autonomous mobile delivery and service robots. The company focuses on creating robots that can operate safely, securely, and reliably alongside humans. Relay Robotics primarily serves clients in the healthcare and hospitality industries, providing innovative solutions that enhance operational efficiency and improve service delivery.

In the healthcare sector, Relay Robotics' robots are essential tools in hospital operations. They perform critical delivery tasks, such as transporting pharmacy orders, blood products, and specimen samples. This allows healthcare staff to focus more on patient care and other important responsibilities. The robots are equipped with secure payload RFID scanning, ensuring a complete chain of custody for the items they transport, which is a significant competitive advantage.

In the hospitality industry, Relay Robotics' service robots help hotels operate more smoothly by handling routine and repetitive tasks. This enables hotel staff to provide a higher level of personalized service to guests, enhancing the overall guest experience.

Relay Robotics operates in the growing market of autonomous service robots, which is seeing increasing demand due to the need for efficiency and reliability in service delivery. The company's business model revolves around the sale and leasing of its robots, as well as providing ongoing maintenance and support services. This model ensures a steady revenue stream from both initial sales and recurring service contracts.

The company is committed to improving people's lives through technology, emphasizing respect, dignity, and teamwork in its operations. Relay Robotics also supports the use of open-source software, which fosters innovation and collaboration within the tech community.

Keywords: autonomous robots, healthcare, hospitality, delivery robots, service robots, RFID scanning, operational efficiency, patient care, guest experience, open-source software.