Clearpath Robotics Key Facts and Industry Insights

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Delivery Robot on Pavement
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Clearpath Robotics has been a leader in the robotics industry since its founding in 2009. They started as a spin-off from the University of Waterloo in Ontario, Canada.

Their early success was built on their open-source robot platforms, which made it easier for researchers and developers to get started with robotics projects.

Clearpath Robotics is known for its high-quality, reliable, and durable robots, which have been used in a variety of applications, including research, education, and industry.

Their products are designed to be flexible and adaptable, allowing users to customize them to suit their specific needs.

Financials

Clearpath Robotics has a significant presence in the robotics industry. The company's annual revenue was $40.7 million in 2025.

This revenue figure suggests that Clearpath Robotics is a relatively established player in its field. The company's financial stability is likely a result of its focus on innovation and customer needs.

With a strong financial foundation, Clearpath Robotics is well-positioned to continue driving growth and advancements in the robotics space.

Funding and Investors

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Clearpath Robotics has raised a total funding of $85.8M over 11 rounds, starting with its first funding round in 2010. Its latest funding round was a Series C round on May 12, 2023, for an undisclosed amount.

The company has 23 institutional investors, including RRE Ventures, Inovia Capital, and BDC. These investors have helped Clearpath Robotics reach significant milestones in its financial growth.

Here's a breakdown of Clearpath Robotics's funding rounds:

The investors in Clearpath Robotics's latest funding round include BMO, General Electric, National Research Council Canada, and JPK Capital.

Annual Revenue

Clearpath Robotics' annual revenue was $40.7 million in 2025. This significant revenue demonstrates the company's growth and success in the robotics industry.

As we look at the financials of Clearpath Robotics, it's clear that their revenue has been steadily increasing.

The $40.7 million revenue in 2025 is a notable achievement, especially considering the company's focus on innovation and customer satisfaction.

Robotics and Technology

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Clearpath Robotics is a company that specializes in professional service robots. They offer a range of robots that can be used in various industries.

Their Autonomous Mobile Robots (AMRs) are designed to navigate and interact with their environment independently. These robots can be used to streamline processes and improve efficiency in warehouses, factories, and other settings.

Clearpath Robotics has also developed Platform Autonomous Mobile Robots (AMRs), which provide a foundation for customizing and integrating AMRs into specific applications.

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Autonomous Mobile Robots

Autonomous Mobile Robots are a type of robot that can move around on their own without human intervention. Clearpath Robotics offers Autonomous Mobile Robots (AMRs) that can be customized to fit specific needs and applications.

Clearpath Robotics has a range of mobile robot platforms that can be chosen based on the customer's requirements. These platforms are designed to be versatile and can be used in various settings.

Autonomous Mobile Robots from Clearpath Robotics are designed to operate independently, making them ideal for tasks that require frequent navigation and movement. They can be used in a variety of industries and applications.

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Proven Quality

A White Robot with Foot Above a Small Robot
Credit: pexels.com, A White Robot with Foot Above a Small Robot

Clearpath Robotics has a proven track record for delivering high-quality, reliable robots that have been successfully deployed by prestigious clients in diverse sectors.

Their robots have been put to the test in various industries, including those that demand precision and reliability.

Clearpath Robotics' commitment to quality has earned them a reputation as a trusted partner for companies looking to integrate robotics into their operations.

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Industry and Market

Clearpath Robotics is a leader in the field of autonomous mobile robots, with a focus on providing solutions for industries such as agriculture, construction, and logistics.

Their robots are designed to work in a variety of environments, from indoor warehouses to outdoor fields, and are often used to automate tasks such as material handling and inspection.

Clearpath Robotics has developed a range of products, including the Husky A100, a rugged and versatile robot designed for research and development, and the Jackal UGV, a highly customizable robot used for autonomous exploration and mapping.

Where Is Based?

Technician working on humanoid robot at a tech exhibition in Guimaraes, Portugal.
Credit: pexels.com, Technician working on humanoid robot at a tech exhibition in Guimaraes, Portugal.

Clearpath Robotics is based in Kitchener, Ontario.

SIC Code Definition

The SIC code is a classification system used to identify industries and businesses.

Clearpath Robotics has an SIC code of 37, 371, which suggests it falls under the machinery manufacturing category.

These codes are used by the US Census Bureau to organize and analyze economic data.

The SIC code for Clearpath Robotics is specific to its business operations, which likely involve designing and manufacturing robotic systems.

Understanding SIC codes can help businesses like Clearpath Robotics navigate regulations and market trends.

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Competitors and Alternates

Clearpath Robotics is the top provider of autonomous robots, with a total funding of $85.8M and investors like BMO and General Electric.

AutoNxt Automation comes in second, developing autonomous electric tractors and tricycles, with a total funding of $6.91M from investors like Keiretsu Forum and Saama Capital.

Ghost Robotics takes the third spot, creating multi-legged robot platforms, but its funding details are not publicly available.

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Gideon and Monarch are tied for fourth and sixth place, providing autonomous mobile robots for material handling and AI-powered electric autonomous tractors, respectively. Both companies have received significant funding, with Gideon having $38.5M and Monarch having $220M.

Muddy Machines, a UK-based company, offers AI-powered robotic technology for farmers, with a total funding of $2.43M from investors like THRIVE and A.K. Group.

Bluewhite, a company from Israel, provides autonomous farming solutions, with a total funding of $76M from investors like Regah Ventures and Clal Industries.

Capra Robotics and Agtonomy round out the list, providing UGVs for outdoor activities and mobile assistant software for agricultural machinery, respectively.

Global Local Representations

Clearpath Robotics has a strong global presence with its headquarters located in Canada.

This means that the company's main operations and decision-making are centered in Canada.

Clearpath Robotics has no known subsidiaries, indicating that its global reach is primarily through its headquarters in Canada.

Frequently Asked Questions

Who bought Clearpath Robotics?

Rockwell Automation acquired Clearpath Robotics in a deal valued at over US$600 million in September 2023. This significant acquisition marked a major milestone for both companies.

Archie Strosin

Senior Writer

Archie Strosin is a seasoned writer with a keen eye for detail and a deep interest in financial institutions. His work often delves into the history and operations of Missouri-based banks, providing readers with a comprehensive understanding of their roles in the local economy. A particular focus of his research is on Dickinson Financial Corporation and Armed Forces Bank, tracing their origins and evolution over the decades.

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