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Standard Bots Company Profile: Funding, Investors, Robots and Leadership

Oct 11
3 min read

Updated: 7 days ago

Standard Bots company logo

Standard Bots is an American maker of robot arms that are designed and assembled in the United States and trained by demonstration using AI. It has secured USD 63 million in funding, with a Series B led by General Catalyst. This profile sets out its funding, investors, robots and leadership.

Standard Bots at a Glance

Fact

Detail

Company

Standard Bots

Built in

Glen Cove, New York, USA

Funding

USD 63 million in total

Lead investor

General Catalyst, Series B

Robots

Spark, Core, Thor and Bolt

Customers

Hundreds of US manufacturers, according to the company

Stock listing

None; privately held

Co-founder and CEO

Evan Beard

Funding and Investors

Standard Bots has secured USD 63 million in total, most recently through a Series B round led by General Catalyst, with the Amazon Industrial Innovation Fund and Samsung Next taking part. Bloomberg reported the round in July 2024.

Investor

Type

General Catalyst

Venture capital; led the Series B

Amazon Industrial Innovation Fund

Corporate fund

Samsung Next

Corporate fund

RoboStrategy, Quiet Capital, Box Group, Zeno Partners and Lachy Groom

Other investors named by the company

The company said the money would support an AI-powered robot and an extended line of robot arms.

Robots

The company publishes its prices, which is unusual in the industry.

Robot

Payload

Reach

Starting price

Spark

7 kg

900 mm

USD 29,500

Core

18 kg

1,300 mm

USD 37,000

Thor

30 kg

2,000 mm

USD 49,500

Bolt

14 kg

900 mm

In beta; designed to work with mobile robots

Software and AI

  • No-code robot programming.

  • Fleet control for multiple robots.

  • A developer kit with full programming access.

  • A self-serve platform for training robots by demonstration, with model training in the cloud.

Motor and drive systems are made in Glen Cove, and the company describes its products as designed and assembled in America, supported by dozens of American application engineers.

Customers

The company says hundreds of US manufacturers have automated with its robots. Organizations whose logos it displays as users include NASA, Lockheed Martin, Verizon, Amazon, Timken, Sonoco and Lawrence Livermore National Laboratory.

Leadership

Name

Role

Evan Beard

Co-founder and Chief Executive Officer

David Golden

Co-founder

Can You Invest in Standard Bots?

Not on a public market. It is privately held.

Strengths and Challenges

Strengths

  • Transparent, relatively low prices.

  • Domestic design and assembly, which matters to US buyers.

  • An AI training platform built into the product.

Challenges

  • A young company competing with long-established cobot makers.

  • No published revenue figures.

Current Catalogue Coverage

Catalogue checked on 15 October 2026: 3 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.

Standard Bots FAQ

Where are Standard Bots robots made?

They are designed and assembled in the United States, with motor and drive systems from Glen Cove, New York.

How much has Standard Bots raised?

USD 63 million in total, including a Series B led by General Catalyst.

Who is the CEO of Standard Bots?

Co-founder Evan Beard.

What robots does Standard Bots sell?

Spark, Core and Thor, with payloads of 7, 18 and 30 kilograms, and Bolt, which is in beta.

Is Standard Bots publicly traded?

No.

Sources

  • Standard Bots: about

  • Standard Bots: raises USD 63 million

Company Record

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