Takeoff Technologies
Takeoff Technologies is an eGrocery solution that empowers retailers to attain profitable online growth by leveraging automation at a hyperlocal scale. Orders are placed online through established retailers (whether using their existing eCommerce platform or Takeoff's customized UI solution) and Takeoff's automated technology fulfills the order using robots in Micro Fulfilment Centers. The company was co-founded by José V. Aguerrevere and Max Pedró in 2016, and recently closed its Series C financing led by Forrestal Capital, taking the total capital raised to $86M. The company's robotics technology is proven and ready to deploy at scale thanks to Takeoff's exclusivity partnership with Knapp, a leading global provider of automated warehouse solutions. By leveraging automated Micro Fulfillment Centers, Takeoff's innovative model operates at a much lower cost-to-serve than other eCommerce platforms, solving for both the cost of assembling the order and cost of the last mile. This results in savings for both shoppers and retail partners.
About Takeoff Technologies
Founded
2016Estimated Revenue
$50M-$100MEmployees
51-250Funding / Mkt. Cap
$146MCategory
Sector
Information TechnologyIndustry Group
Software & ServicesIndustry
SoftwareSIC Code
73NAICs Code
51Location
City
WalthamState
MassachusettsCountry
United StatesTakeoff Technologies
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