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Company overview

Symbotic’s end-to-end warehousing solution consists of a fleet of autonomous robots called SymBots, equipped with advanced computer vision and sensing capabilities. SymBots reach speeds of up to 20 mph as they store and retrieve cases, delivering them to outbound cells where robotic palletizers build high-density, mixed-SKU pallets at a rate of 1,350 cases per hour. Symbotic’s proprietary AI-powered software orchestrates the robots’ work, allowing them to handle a virtually unlimited number of SKUs and collecting up to 6 terabytes of warehouse operations data per day. Algorithms factor in rules for item crushability, caustics, and item grouping for visibility or promotions, making it easier to replenish store shelves downstream. Symbotic’s system is modular; customers can either retrofit existing warehouse space or implement modules as part of a phased approach.

Historically, Symbotic has sold its system outright to retailers, wholesalers, and grocers with extensive distribution operations. But the company recently established a joint venture with SoftBank Group called GreenBox Systems to make Symbotic’s solution available under a robots-as-a-service (RaaS) pricing model. Under this model, small- and mid-sized companies have access to the technology for a recurring subscription fee, without the burden of major capital expenditures. Subscriptions include hardware, software, parts, and services.

Customers and target markets

  • Walmart
  • Target
  • C&S Wholesale Grocers
  • Albertsons

Company metrics

Headquarters:
Wilmington, Massachusetts
Company size:
1-10
Founded:
2007