Universal Robots
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 165m | 217m | 243m | 211m | 285m | 335m | 310m |
% growth | 70 % | 31 % | 12 % | (13 %) | 35 % | 18 % | (7 %) |
Profit | 25.6m | 32.4m | 31.3m | 22.2m | 43.9m | 40.3m | 22.4m |
% profit margin | 16 % | 15 % | 13 % | 11 % | 15 % | 12 % | 7 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Early VC | ||
$285m Valuation: $285m | Acquisition | ||
Total Funding | - |
Recent News about Universal Robots
EditUniversal Robots specializes in developing and manufacturing collaborative robots, also known as cobots, designed to work alongside humans in various industrial settings. These cobots are engineered to lower the barriers to automation, making it accessible for businesses of all sizes. The company serves a wide range of clients, including those in manufacturing, quality inspection, and machine tending, providing solutions that enhance productivity and operational efficiency.
Operating in the global robotics market, Universal Robots employs a business model that includes direct sales, partnerships with distributors, and a comprehensive support network. Revenue is generated through the sale of cobots, customization services, training programs via the UR Academy, and ongoing customer support.
Universal Robots' cobots are known for their ease of use, flexibility, and quick return on investment (ROI), making them a valuable asset for businesses looking to automate repetitive tasks without extensive reconfiguration of existing workflows.
Keywords: collaborative robots, automation, cobots, manufacturing, quality inspection, machine tending, productivity, flexibility, ROI, UR Academy.