What are the most valued startups in the robotics software market?
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The robotics software market includes companies building autonomy systems, foundation models, robot operating platforms, simulation tools, fleet-management software and machine-intelligence infrastructure.
This list ranks leading robotics software startups using their latest reported valuations, public market capitalizations, acquisition values or carefully estimated valuation ranges.
We refresh the robotics software startup ranking every month as companies raise capital, complete acquisitions, enter public markets or disclose new operating information.
And if you want to better understand this new industry, you can download our pitch covering the robotics software market.
A quick summary table
| Metric | Value |
|---|---|
| Most valuable robotics software startup | Applied Intuition, $14.0B–$17.0B |
| Second most valuable robotics software startup | Skild AI, $14.0B |
| Median robotics software startup valuation | Approximately $150M |
| Share of robotics software valuation captured by the top 10 | Approximately 79% |
| Top robotics software valuation versus median | Approximately 103 times higher |
| Median robotics software valuation-to-capital-raised ratio | Approximately 2.7x |
| Robotics software startups valued at $1B+ | 17 startups based on valuation midpoints |
Top startups in the robotics software market ranked by valuation
Here is an updated table that ranks the top startups in the robotics software market based on their latest reported or estimated valuations.
If you want more detaild about their fundraising activity, you can check our list of the startups who have raised the most funding in the robotics software market.
| # | Startup Name | What They Do | Current Valuation ($) | Valuation Confidence Level | Valuation Type | Evidence Status | Total Funding ($) | Funding Confidence Level |
|---|---|---|---|---|---|---|---|---|
| 1 | Applied Intuition | Vehicle intelligence software | $14.0B–$17.0B | Strong Confidence | Announced Private Round Valuation | Observed | $1.2B | Partial Confidence |
| 2 | Skild AI | Robotics foundation models | $14.0B | Full Confidence | Announced Private Round Valuation | Observed | $1.9B | Strong Confidence |
| 3 | Shield AI | Autonomous defense aircraft software | $12.7B | Strong Confidence | Active Raise Valuation | Observed | $3.0B | Strong Confidence |
| 4 | Aurora | Autonomous trucking software | $12.0B | Full Confidence | Public Market Cap | Observed | $4.5B | Strong Confidence |
| 5 | Wayve | Embodied autonomous driving AI | $8.6B | Full Confidence | Announced Private Round Valuation | Observed | $2.5B | Partial Confidence |
| 6 | Waabi | Physical AI autonomy | $6.0B–$9.0B | Partial Confidence | Implied Valuation from Raise | Implied | $1.0B | Strong Confidence |
| 7 | Nuro | Autonomous driving delivery platform | $6.0B | Full Confidence | Announced Private Round Valuation | Observed | $2.3B | Strong Confidence |
| 8 | Physical Intelligence | Robot foundation models | $5.3B–$6.0B | Strong Confidence | Announced Private Round Valuation | Observed | $1.1B | Strong Confidence |
| 9 | Skydio | Autonomous defense and inspection drones | $4.4B | Full Confidence | Announced Private Round Valuation | Observed | $680M | Strong Confidence |
| 10 | Locus Robotics | Warehouse fulfillment robotics platform | $1.8B–$2.2B | Strong Confidence | Revenue or ARR Multiple Estimate | Estimated | $423M | Strong Confidence |
| 11 | Intrinsic | Industrial robotics software platform | $1.0B–$2.5B | Low Confidence | Proxy-Based Estimate | Estimated | Not provided | Low Confidence |
| 12 | Gatik | Autonomous middle-mile logistics | $1.2B–$2.0B | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $152M | Partial Confidence |
| 13 | Torc Robotics | Autonomous trucking software | $1.0B–$2.0B | Low Confidence | Proxy-Based Estimate | Estimated | Not provided | Low Confidence |
| 14 | Motional | Robotaxi autonomy technology | $1.0B–$1.8B | Partial Confidence | Implied Valuation from Raise | Implied | $475M | Partial Confidence |
| 15 | Forterra | Autonomous defense vehicle systems | $1.0B–$1.2B | Strong Confidence | Announced Private Round Valuation | Observed | $491M | Strong Confidence |
| 16 | Kodiak Robotics | Autonomous trucking software | $1.1B | Full Confidence | Public Market Cap | Observed | $165M | Strong Confidence |
| 17 | Mujin | Intelligent industrial robotics platform | $900M–$1.3B | Strong Confidence | Implied Valuation from Raise | Implied | $311M | Partial Confidence |
| 18 | Plus | Autonomous trucking software | $850M–$1.1B | Partial Confidence | Comparables-Based Estimate | Estimated | $720M | Partial Confidence |
| 19 | Sereact | AI-powered robotic manipulation software | $730M–$1.1B | Strong Confidence | Implied Valuation from Raise | Implied | $141M | Strong Confidence |
| 20 | TIER IV | Open-source autonomous driving software | $700M–$950M | Partial Confidence | Implied Valuation from Raise | Implied | $237M | Strong Confidence |
| 21 | Overland AI | Off-road defense autonomy software | $600M–$850M | Partial Confidence | Implied Valuation from Raise | Implied | $122M | Strong Confidence |
| 22 | Auterion | Autonomous drone operating software | $600M–$700M | Strong Confidence | Announced Private Round Valuation | Observed | $115M | Strong Confidence |
| 23 | Covariant | AI software for robotic manipulation | $500M–$700M | Partial Confidence | Acquisition Value | Estimated | $222M | Full Confidence |
| 24 | Percepto | Autonomous industrial inspection drones | $450M–$750M | Partial Confidence | Comparables-Based Estimate | Estimated | $123M | Strong Confidence |
| 25 | Foretellix | Autonomous-driving safety validation software | $450M–$650M | Partial Confidence | Implied Valuation from Raise | Implied | $135M | Full Confidence |
| 26 | GreyOrange | Warehouse robotics orchestration software | $450M–$650M | Partial Confidence | Comparables-Based Estimate | Estimated | $415M | Partial Confidence |
| 27 | OTTO Motors | Industrial autonomous mobile robots | $500M–$600M | Partial Confidence | Acquisition Value | Estimated | $70M | Strong Confidence |
| 28 | Wandelbots | No-code industrial robot programming | $350M–$600M | Partial Confidence | Comparables-Based Estimate | Estimated | $123M | Strong Confidence |
| 29 | Autobrains | Self-learning automotive autonomy software | $350M–$500M | Low Confidence | Comparables-Based Estimate | Estimated | $120M | Partial Confidence |
| 30 | Built Robotics | Autonomous construction equipment software | $300M–$450M | Partial Confidence | Comparables-Based Estimate | Estimated | $112M | Full Confidence |
| 31 | Foxglove | Robotics data and observability platform | $270M–$450M | Strong Confidence | Implied Valuation from Raise | Implied | $59M | Full Confidence |
| 32 | Path Robotics | Autonomous robotic welding software | $320M–$400M | Strong Confidence | Announced Private Round Valuation | Estimated | $271M | Strong Confidence |
| 33 | Apex.AI | Safety-certified vehicle operating software | $280M–$400M | Partial Confidence | Comparables-Based Estimate | Estimated | $88M | Strong Confidence |
| 34 | Brain Corp | Autonomy software for cleaning robots | $280M–$400M | Partial Confidence | Comparables-Based Estimate | Estimated | $193M | Strong Confidence |
| 35 | Seegrid | Autonomous pallet transport systems | $280M–$340M | Strong Confidence | Revenue or ARR Multiple Estimate | Estimated | $152M | Partial Confidence |
| 36 | Rapyuta Robotics | Cloud warehouse robotics platform | $250M–$350M | Partial Confidence | Implied Valuation from Raise | Implied | $81M | Partial Confidence |
| 37 | Fetch Robotics | Warehouse autonomous mobile robots | $290M | Full Confidence | Acquisition Value | Observed | $94M | Full Confidence |
| 38 | SafeAI | Autonomous heavy-equipment retrofit software | $220M–$320M | Low Confidence | Implied Valuation from Raise | Implied | $64M | Strong Confidence |
| 39 | Phantom AI | Camera-based autonomous driving software | $180M–$280M | Low Confidence | Comparables-Based Estimate | Estimated | $80M | Partial Confidence |
| 40 | Viam | Robotics data and automation platform | $180M–$280M | Partial Confidence | Implied Valuation from Raise | Implied | $117M | Full Confidence |
| 41 | aiMotive | Autonomous driving software stack | $160M–$250M | Low Confidence | Comparables-Based Estimate | Estimated | $71M | Partial Confidence |
| 42 | Vicarious | General robotic intelligence software | $150M–$250M | Low Confidence | Proxy-Based Estimate | Estimated | $122M | Partial Confidence |
| 43 | Realtime Robotics | Industrial robot motion-planning software | $150M–$240M | Strong Confidence | Implied Valuation from Raise | Implied | $86M | Partial Confidence |
| 44 | Parallel Domain | Synthetic autonomy training data | $150M–$220M | Partial Confidence | Implied Valuation from Raise | Implied | $44M | Strong Confidence |
| 45 | FORT Robotics | Autonomous machine safety software | $130M–$220M | Strong Confidence | Implied Valuation from Raise | Implied | $61M | Strong Confidence |
| 46 | Embotech | Autonomous logistics driving software | $140M–$200M | Strong Confidence | Implied Valuation from Raise | Implied | $41M | Partial Confidence |
| 47 | Plus One Robotics | Parcel-handling robot vision software | $130M–$210M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $94M | Full Confidence |
| 48 | Formant | Robot fleet operations platform | $120M–$200M | Partial Confidence | Comparables-Based Estimate | Estimated | $45M | Full Confidence |
| 49 | Emesent | Autonomous mapping and inspection software | $120M–$180M | Partial Confidence | Implied Valuation from Raise | Implied | $33M | Partial Confidence |
| 50 | Elementary Robotics | AI manufacturing vision inspection | $120M–$180M | Partial Confidence | Implied Valuation from Raise | Implied | $46M | Full Confidence |
| 51 | Vecna Robotics | Warehouse material-handling autonomous robots | $120M–$180M | Partial Confidence | Implied Valuation from Raise | Implied | $183M | Strong Confidence |
| 52 | Robust.AI | Collaborative warehouse robot platform | $120M–$170M | Partial Confidence | Implied Valuation from Raise | Implied | $43M | Strong Confidence |
| 53 | Micropsi Industries | AI control software for robots | $100M–$180M | Partial Confidence | Comparables-Based Estimate | Estimated | $45M | Partial Confidence |
| 54 | MORAI | Autonomous-system simulation software | $90M–$160M | Partial Confidence | Comparables-Based Estimate | Estimated | $25M | Partial Confidence |
| 55 | BALYO | Autonomous forklift navigation software | $110M–$120M | Strong Confidence | Acquisition Value | Implied | $105M | Partial Confidence |
| 56 | Imagry | Mapless autonomous driving software | $90M–$140M | Low Confidence | Comparables-Based Estimate | Estimated | $29M | Partial Confidence |
| 57 | OSARO | AI robotic picking software | $90M–$140M | Partial Confidence | Comparables-Based Estimate | Estimated | $87M | Partial Confidence |
| 58 | AutoGuide Mobile Robots | Heavy-payload autonomous mobile robots | $58M–$165M | Strong Confidence | Acquisition Value | Observed | Not provided | Low Confidence |
| 59 | Teleo | Autonomous heavy-equipment retrofit software | $90M–$130M | Partial Confidence | Implied Valuation from Raise | Implied | $28M | Partial Confidence |
| 60 | Fernride | Autonomous yard-trucking software | $70M–$120M | Low Confidence | Acquisition Value | Estimated | $80M | Strong Confidence |
| 61 | Slamcore | Spatial intelligence for autonomous robots | $75M–$110M | Strong Confidence | Implied Valuation from Raise | Implied | $40M | Strong Confidence |
| 62 | Near Earth Autonomy | Autonomous flight systems | $60M–$110M | Low Confidence | Comparables-Based Estimate | Estimated | $10M | Partial Confidence |
| 63 | Opteran | Insect-inspired robot autonomy software | $75M–$95M | Strong Confidence | Announced Private Round Valuation | Observed | $15M | Full Confidence |
| 64 | RGo Robotics | Mobile robot perception software | $65M–$105M | Partial Confidence | Implied Valuation from Raise | Implied | $20M | Full Confidence |
| 65 | Augmentus | No-code industrial robot programming | $60M–$90M | Strong Confidence | Implied Valuation from Raise | Implied | $16M | Partial Confidence |
| 66 | Sevensense Robotics | Visual navigation for mobile robots | $50M–$100M | Low Confidence | Comparables-Based Estimate | Estimated | $8M | Partial Confidence |
| 67 | BlueBotics | Navigation software for mobile robots | $55M–$90M | Low Confidence | Acquisition Value | Estimated | Undisclosed | Low Confidence |
| 68 | Artisense | Visual localization and mapping software | $55M–$65M | Strong Confidence | Acquisition Value | Observed | $5M | Full Confidence |
| 69 | Waypoint Robotics | Omnidirectional industrial mobile robots | $40M–$80M | Low Confidence | Comparables-Based Estimate | Estimated | Not provided | Low Confidence |
| 70 | InOrbit | Robot orchestration and operations software | $45M–$70M | Strong Confidence | Implied Valuation from Raise | Implied | $13M | Full Confidence |
| 71 | Bifrost AI | Generative synthetic 3D training data | $40M–$70M | Partial Confidence | Implied Valuation from Raise | Implied | $14M | Partial Confidence |
| 72 | Pronto | Autonomous off-road haulage systems | $40M–$70M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $9M | Low Confidence |
| 73 | Scape Technologies | City-scale visual localization engine | $40M | Full Confidence | Acquisition Value | Observed | $8M | Full Confidence |
| 74 | Cognata | Autonomous vehicle simulation software | $30M–$50M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $24M | Full Confidence |
| 75 | FlytBase | Drone fleet autonomy platform | $25M–$45M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | <$1M | Partial Confidence |
| 76 | RoboDK | Robot simulation and offline programming | $25M–$45M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | Undisclosed | Low Confidence |
| 77 | Robotmaster | Offline industrial robot programming | $30M–$55M | Low Confidence | Acquisition Value | Estimated | Undisclosed | Low Confidence |
| 78 | Fizyr | Robotic picking vision software | $20M–$40M | Low Confidence | Comparables-Based Estimate | Estimated | $4M | Partial Confidence |
| 79 | rFpro | Driving simulation software | $27M | Full Confidence | Acquisition Value | Observed | Undisclosed | Low Confidence |
| 80 | Olis Robotics | Remote monitoring for industrial robots | $18M–$28M | Partial Confidence | Implied Valuation from Raise | Implied | $6M | Partial Confidence |
| 81 | Duality Robotics | Digital-twin robotics simulation platform | $12M–$28M | Low Confidence | Proxy-Based Estimate | Estimated | <$1M | Low Confidence |
| 82 | Kaarta | Real-time mobile 3D mapping | $12M–$22M | Low Confidence | Proxy-Based Estimate | Estimated | $8M | Full Confidence |
| 83 | Fuzzy Logic Robotics | Industrial robot programming platform | $9M–$18M | Low Confidence | Proxy-Based Estimate | Estimated | $3M | Strong Confidence |
| 84 | 6 River Systems | Collaborative warehouse picking robots | $13M | Full Confidence | Acquisition Value | Observed | $47M | Strong Confidence |
| 85 | Polymath Robotics | Off-highway vehicle autonomy software | $8M–$18M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | <$1M | Strong Confidence |
| 86 | PickNik Robotics | Robotic-arm manipulation software | $8M–$15M | Low Confidence | Comparables-Based Estimate | Estimated | $2M | Full Confidence |
| 87 | Iris Automation | Drone collision-avoidance software | $5M–$15M | Low Confidence | Acquisition Value | Estimated | $23M | Strong Confidence |
| 88 | Metamoto | Autonomous-vehicle simulation validation | $5M–$15M | Low Confidence | Acquisition Value | Estimated | $2M | Partial Confidence |
| 89 | Tangram Vision | Robotics sensor calibration software | $6M–$12M | Low Confidence | Proxy-Based Estimate | Estimated | $2M | Full Confidence |
| 90 | Veo Robotics | Industrial robot safety vision | $9M | Full Confidence | Acquisition Value | Observed | $57M | Strong Confidence |
| 91 | Exyn Technologies | GPS-denied autonomous mapping software | $8M | Full Confidence | Public Market Cap | Observed | $76M | Partial Confidence |
| 92 | Movel AI | Autonomous robot navigation software | $5M–$9M | Low Confidence | Implied Valuation from Raise | Estimated | $2M | Strong Confidence |
| 93 | Exwayz | LiDAR localization and mapping software | $4M–$7M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Partial Confidence |
| 94 | Meili Robots | Mixed-fleet robot management software | $4M–$7M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | <$1M | Low Confidence |
| 95 | Ghost Autonomy | Consumer autonomous driving software | $0M–$5M | Strong Confidence | Proxy-Based Estimate | Estimated | $226M | Partial Confidence |
| 96 | Freedom Robotics | Robot fleet management software | $0M–$2M | Low Confidence | Proxy-Based Estimate | Estimated | $7M | Strong Confidence |
| 97 | READY Robotics | Robot-agnostic programming operating system | $0M | Full Confidence | Acquisition Value | Observed | $42M | Strong Confidence |
Key valuation trends in the robotics software market
Insights
- The ten largest robotics software companies represent about $88B in combined midpoint valuation, which is close to four-fifths of the value captured by the entire ranking.
- Skild AI and Physical Intelligence have a combined valuation of roughly $19.7B after raising about $3.0B, showing the premium investors place on reusable robotics foundation models.
- Shield AI is valued at approximately 2.9 times Skydio, which suggests defense autonomy platforms can capture more value than businesses centered mainly on drone manufacturing and deployment.
- Aurora's $12.0B public valuation is roughly five times the combined value of Kodiak Robotics and Forterra, even though all three companies develop autonomy for large vehicles.
- Sereact's valuation midpoint is approximately 6.5 times its disclosed funding, reflecting strong demand for robot-manipulation software that can transfer across tasks and warehouse environments.
- Foxglove's estimated $360M midpoint is more than six times its $59M funding, making robotics observability and data infrastructure one of the market's more capital-efficient software layers.
- Auterion's valuation midpoint is more than five times its funding, which highlights the strategic value of hardware-independent operating software for autonomous drone fleets.
- Robotics software outcomes remain highly uneven. Fetch Robotics sold for about three times its funding, while the latest value attached to 6 River Systems was less than one-third of invested capital.
- Veo Robotics produced an estimated $9M exit after raising $57M, showing how specialized industrial robotics vendors can lose substantial value when commercial adoption does not reach scale.
- The robotics software market rewards reusable platforms, autonomy infrastructure and enabling software more consistently than capital-heavy businesses tied to a single robot category.
A few word about our methodology
As you can see, we built a database that ranks startups in the robotics software market based on their current valuation.
Estimating robotics software startup valuations is not always straightforward. Many companies do not publicly disclose their valuation, and the available information can vary widely depending on the company and its stage.
To build this ranking, we applied a structured valuation methodology and cross-checked information across multiple reliable sources.
Whenever possible, we relied on direct disclosures. These include announced valuations from completed funding rounds, public filings for listed robotics companies, or official acquisition prices.
When a robotics software company is publicly listed, we use its current market capitalization as the reference valuation.
If a robotics company was acquired and no independent valuation can reasonably be estimated today, we use the acquisition price as the main reference point.
When a robotics software startup recently raised capital but the valuation was not disclosed, we estimate the implied valuation using typical dilution levels for that stage of fundraising.
In some cases, we also estimate valuations using operating metrics such as revenue, ARR, software subscriptions, deployed robots or customer traction. We combine these metrics with valuation multiples from comparable robotics software companies.
When direct financial data is not available, we may rely on carefully selected comparable startups and other signals such as hiring growth, investor quality, commercial deployments, partnerships or product traction.
All estimates follow a strict evidence hierarchy. Recent funding rounds with announced valuations carry the most weight, followed by strong operating metrics and comparable company analysis.
We also carefully evaluate the age of every data point. Recent information carries more weight, while older data is treated cautiously and adjusted conservatively when necessary.
Whenever information is uncertain or incomplete, we clearly distinguish between confirmed facts and reasonable inferences.
Because robotics software valuation data is not always fully public, each startup in the ranking is assigned a confidence level based on the reliability, recency and consistency of the available evidence.
Full confidence means the valuation is supported by strong and recent evidence. Strong confidence means the estimate is well supported but includes minor inference. Partial confidence means the estimate relies more heavily on indirect signals. Low confidence means available information is limited or inconsistent.
When confidence is lower, we take a more conservative approach by widening the valuation range. This helps reflect the uncertainty and increases the probability that the true valuation falls within the estimated range.
This reflects how we conduct all our research, including the work behind our report covering the robotics software market.
In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.
If you want the full detail on a specific valuation estimate, feel free to contact us and we will gladly explain.
Finally, know that we update the dataset once per month, so come back here if you need fresh information.
Related blog posts
- What are the latest fundraising trends in the robotics software market?
- Which companies have raised the most funding in the robotics software market?
- Is fundraising strong in the robotics software market right now?
- A full list of funding deals in the robotics software market
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