What is Intuition Robotics?
Headquartered in Tel Aviv, Israel, Intuition Robotics is at the forefront of developing advanced AI-powered companions designed to enhance wellness and health. The company leverages cutting-edge artificial intelligence to create empathetic and engaging digital assistants, aiming to provide support and companionship to users. Their technology focuses on creating meaningful interactions, positioning them as a key player in the burgeoning field of AI in healthcare and personal well-being.
How much funding has Intuition Robotics raised?
Intuition Robotics has raised a total of $89M across 6 funding rounds:
Other Financing Round
$2M
Multiple Rounds
$26M
Series B
$36M
Other Financing Round
$25M
Other Financing Round (2016): $2M with participation from Terra Venture Partners, Maniv, and Bloomberg
Angel/Seed (2017): $6M led by Terra Venture Partners, Bloomberg, OurCrowd, Maniv, and iRobot Corp
Series A (2017): $14M supported by Terra Venture Partners, OurCrowd, iRobot, Maniv, Bloomberg, and Toyota Research Institute
Private Equity (2017): $6M featuring Sumitomo Mitsui Banking Corporation
Series B (2020): $36M backed by Union Tech Ventures, Bloomberg, iRobot, Happiness Capital, Sompo Holdings, Samsung Next, Mirai Creation Fund/SPARX Asset Management, OurCrowd, Toyota AI Ventures, and Capital Point
Other Financing Round (2023): $25M with participation from Woven Capital, Western Technology Investment, and OurCrowd
Key Investors in Intuition Robotics
Woven Capital
Woven Capital specializes in empowering clients to make informed financial decisions through personalized financial planning and wealth management services. They focus on socially responsible investment strategies tailored to individual values and life goals, without imposing asset minimums.
Western Technology Investment
Western Technology Investment (WTI) specializes in providing venture debt to assist startups in financing their growth while minimizing shareholder dilution. Since its inception in 1980, WTI has supported over 1,400 companies across various innovation sectors, demonstrating a long history of capital provision through diverse economic cycles.
OurCrowd
Founded in 2013, OurCrowd is a company that offers an investment platform built for accredited investors and institutions to invest in startups, early-stage companies, and venture funds. OurCrowd is located in Israel.
What's next for Intuition Robotics?
With the recent major strategic investment, Intuition Robotics is poised for significant expansion. The company is likely to focus on scaling its operations, enhancing its AI capabilities, and broadening its market reach. This strategic backing suggests a move towards enterprise-level applications or significant market penetration, potentially involving partnerships with healthcare providers or technology firms looking to integrate advanced AI companions into their offerings. The company's continued focus on innovation in AI-driven wellness indicates a strong future in personalized health solutions.
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