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    Date submitted
  • 14-Oct-2017
    Categories
  • IT

Stocked Robotics, Inc.

Abstract

We automate existing forklifts in our customer's warehouses and help them save 25% in material handling labor cost.

Video

Original YouTube URL: Open

Introduction Video

Additional Questions

Who is your customer?

Initially our go to market is Retail and Third Party Logistics. We have partnered with a $600 Million supply chain and logistics company as our beta customer.

What problem does this idea/product solve or what market need does it serve?

Eliminate labor wastage in repetitive movement of pallets in warehouses and factories.

What attributes will make this idea/product successful? Why do you believe that those features will create success?

We are the only industrial automation solution provider that leverages autonomous robotics and human tele-operation to automate material handling. We leverage machine learning and AI so that our robots learn and improve capabilities over time. Our solution provides an ROI in under 3 years whereas traditionally the payback period has been 5-10 years.

Explain how you (your team) will execute to make this idea/product successful? What gives you (your team) an advantage over others already in the market or new to this market?

We have 2 robotics engineers with a combined 20+ years of experience designing algorithms, published 6 patents and multiple awards for our work. Our founder has built autonomous drones for Qualcomm which demoed at CES, Las Vegas. We have two business people who have raised a combined $40 million+ in venture capital and sold two enterprise solutions companies together.