Kindred Systems

Kindred Systems

Integrator of artificial intelligence creating intelligent robots. Learn more
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DateInvestorsAmountRound
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N/A

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$16.0m

Series A
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$35.4m

Series B
N/A

$36.0m

Series C

$262m

Valuation: $262m

Acquisition
Total FundingAUD135m

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Kindred is a robotics and artificial intelligence company that develops advanced robots to solve real-world problems, primarily focusing on e-commerce and parcel fulfillment. Founded in 2014 and now part of the Ocado Group, Kindred's mission is to enhance the lives of human workers through the power of AI robotics. The company's flagship product, the SORT intelligent AI-powered robot, has successfully picked over 500 million pieces of merchandise since its inception. These robots work collaboratively with human associates, improving employee engagement and overall productivity. Kindred operates in the logistics and supply chain market, serving clients that include large e-commerce platforms and parcel fulfillment centers. The business model revolves around selling and leasing its AI-powered robots and providing ongoing support and maintenance services. Revenue is generated through direct sales, leasing agreements, and service contracts.

Keywords: AI robotics, e-commerce, parcel fulfillment, productivity, employee engagement, logistics, supply chain, automation, Ocado Group, SORT robots.

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