Instock
San Carlos, California company offering a robot-based automated storage and retrieval system for e-commerce fulfillment as a service.
Instock was founded in 2020 and is based in San Carlos, California; Yegor Anchyshkin is its chief executive and co-founder. It offers an automated storage and retrieval system for e-commerce fulfillment built on autonomous mobile robots running on modular racking and sold entirely as a service so that retailers and third-party logistics providers can run goods-to-person automation in sites as small as 1,500 square feet. The company came out of stealth in May 2023 and in January 2024 announced a deployment with GoBolt. On 5 December 2023 it announced $3.2 million in new funding led by the Amazon Industrial Innovation Fund, which brought its seed financing to $6.2 million in total; the seed round was co-led by OneWay Ventures and Lux Capital, with Commerce VC, u.ventures and Cybernetix Ventures among the other investors.
- Latest funding
- $3.2M
- Total funding
- $3.2M
- Latest valuation
- —
- Founded
- 2020
- Country
- United States
- Dec 5, 2023Seed$3.2M