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Realtime Robotics Company Profile: History, Funding, Products and Leadership

Oct 11
2 min read

Updated: 7 days ago

Realtime Robotics company logo

Realtime Robotics develops software that plans and optimizes the movements of industrial robots, so that several robots can share a cell without colliding and with shorter cycle times. It was founded in 2016 and counts Mitsubishi Electric and Siemens among its investors. This profile sets out its history, funding, products and leadership.

Realtime Robotics at a Glance

Fact

Detail

Company

Realtime Robotics

Founded

2016

Founders

George Konidaris, Dan Sorin and Peter Howard

Early base

MassRobotics, Boston, from 2017

Products

Resolver and RapidPlan

Investors

Mitsubishi Electric, Siemens Next47 and Duke Capital Partners

Stock listing

None; privately held

Chief Executive Officer

Kevin Carlin

Company History

Realtime Robotics was founded in 2016. Its team started work at the MassRobotics innovation hub in 2017 and moved into its own office in 2018. The company built partnerships with large industrial names early: Siemens in 2020 on robotic workcells, Kawasaki Robotics in 2022 on robot programming, deployment and control, and BMW Group, which named it an official supplier in 2023. Mitsubishi Electric led the first part of its Series B in 2024.

Key milestones

  • 2016: Founded.

  • 2017: Starts at MassRobotics.

  • 2019: Series A of USD 11.7 million.

  • 2020: Partnership with Siemens.

  • 2021: Series A of USD 31.4 million.

  • 2022: Partnership with Kawasaki Robotics.

  • 2023: Official supplier to BMW Group.

  • 2024: First part of Series B, USD 21.1 million, led by Mitsubishi Electric.

  • 2025: Resolver launched at the Automate trade fair.

Funding

Year

Round

Amount

2019

Series A

USD 11.7 million

2021

Series A

USD 31.4 million

2024

Series B growth round, first part

USD 21.1 million of a planned USD 45 million

Products

Product

Description

Resolver

AI-powered solution for optimizing industrial robot cells, launched in 2025

RapidPlan

Motion planning product listed among the company's solutions

Leadership

Name

Role

Kevin Carlin

Chief Executive Officer

Peter Howard

Co-founder, Chairman and Chief Financial Officer

Ville Lehtonen

Chief Product Officer

Steve Dias

Senior Vice President, Engineering

Can You Invest in Realtime Robotics?

Not on a public market. It is privately held.

Strengths and Challenges

Strengths

  • Strategic investors that are also major automation suppliers.

  • A place in BMW's supplier base.

  • Software that works across robot brands.

Challenges

  • A software niche that depends on adoption by integrators and robot makers.

  • No published revenue figures.

Current Catalogue Coverage

Catalogue checked on 15 October 2026: 1 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.

Realtime Robotics FAQ

What does Realtime Robotics do?

It develops software that plans and optimizes the motion of industrial robots.

When was Realtime Robotics founded?

In 2016.

Who has invested in Realtime Robotics?

Mitsubishi Electric, Siemens Next47 and Duke Capital Partners.

Who is the CEO of Realtime Robotics?

Kevin Carlin.

Is Realtime Robotics publicly traded?

No.

Sources

  • Realtime Robotics: about

Company Record

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