Relay Robotics Secures $10 Million Financing

May 02, 2022•over 3 years ago

Amount Raised

$10 Million

Campbell

Description

Relay Robotics, Inc. — a new corporation formed by the acquisition of leading robotics developer Savioke — announced the completion of a $10,000,000 Series A Financing and the appointment of veteran technology executive, Michael O’Donnell, as Chairman and Chief Executive Officer. Savioke Co-Founder, Steve Cousins, will become Chief Technology Officer of Relay Robotics and lead the company’s product strategy and innovation efforts.

Company Information

Company

Relay Robotics

Location

Campbell, Kentucky, United States

About

Relay Robotics, Inc. is a leading supplier of simple, sophisticated, autonomous service robots that work with humans safely, securely, reliably, and contact-free. Relay Robotics and its affiliates have been technology leaders in robotics since 2013 and hold 10 U.S. patents. Relay’s robots supplement staff across hospitality, healthcare, and commercial real estate settings. They have completed more than 1,000,000 deliveries worldwide. For more information about Relay Robotics, Inc., visit www.relayrobotics.com. 1. The Hospitality Global Market Report 2022, December 2021, The Business Research Company

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech