Addverb

company

About

Addverb is a robotics company that delivers automation solutions to improve intralogistics operations.

Details

Last Funding Type
Series B
Last Funding Money Raised
$132M
Industries
Industrial Automation,Information Technology,Logistics,Robotics
Founded date
Jun 24, 2016
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Addverb Technologies Private Limited
Also Known As
Addverb Technologies

Addverb provides intra-logistics automation solutions based on industry 4.0 technologies. It aims to improve operations on a sustainable basis that provides clients a competitive advantage by strengthening their entire supply chain. Addverb takes a 4D approach comprising discover, design, deliver, and dedicated support for the digital transformation of material handling processes, aimed at augmenting safety, scalability, and flexibility.

Addverb's services include automated guided vehicles, pallet shuttle, and industrial IOT assistance that offer technical insight and rich operational experience to integrate operational technology and information technology to design and implement better automation assistance.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$132M
Addverb has raised a total of $132M in funding over 2 rounds. Their latest funding was raised on Feb 15, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 15, 2022 Series B $132M 1 Reliance Industries Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Addverb is funded by 1 investors. Reliance Industries are the most recent investors.
Investor Name Lead Investor Funding Round
Reliance Industries Yes Series B

Employee Profiles

Number of Employee Profiles
6
Addverb has 6 current employee profiles, including Executive Sangeet Kumar
Executive
Executive
Executive
Executive
Executive