Instock Analysis: $4M Raised
What is Instock?
Instock offers robotics-as-a-service (RaaS) for fulfillment automation, improving storage efficiency and throughput for eCommerce businesses.
Founded
2020
Business Model
Robotics-as-a-Service (RaaS) model with quarterly billing based on capacity usage.
Product Features & Capabilities
- Incloud (cloud software for fulfillment operations), Grid (static structure for ASRS), Bins (inventory containers), Robots (autonomous mobile robots), Robotics-as-a-Service (RaaS), Simulation-first, Modular and elastic, Reliable.
Pricing
- Pricing is based on a Robotics-as-a-Service (RaaS) model.
- Customers select storage capacity (measured in total number of bins) and throughput capacity (measured in bin-presentations per hour).
- Billing occurs quarterly based on the selected capacities.
- Additional costs include grid shipping,
How much Instock raised
1: - $4M
May 3, 2023Lead Investor: One Way Ventures, Lux Capital, Commerce VC
Who are the founders of Instock
YA
Yegor Anchyshkin
Co-Founder, CEO
Market Focus
Instock primarily focuses on the eCommerce industry, specifically in the area of fulfillment automation and inventory management using autonomous mobile robots.
Investors
- Amazon Industrial Innovation Fund
- OneWay Ventures
- Lux Capital
- Commerce Ventures
- u.ventures
- 5 other unnamed investors
Competitors Overview
Instock operates in the fulfillment automation market, primarily utilizing autonomous mobile robots for inventory management. Its main competitors include:
- Amazon Robotics: A leader in warehouse automation, Amazon Robotics uses a variety of mobile robots to enhance efficiency in fulfillment
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