This The Bot Company company profile covers the company's valuation, revenue, funding rounds, investors and history. The Bot Company works in robotics, with a focus on household robots. It was founded in 2024 and is headquartered in San Francisco, California, United States. Its latest valuation on record is US$2 billion (March 2025). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.
Revenue
| Metric | Value | As of | Source |
|---|---|---|---|
| Reported later talks | Bloomberg reported in October 2025 that the company was set to raise US$250 million at a valuation of more than US$4 billion | October 2025 | Bloomberg (via Bloomberg Government) |
Funding history
| Date | Round | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Mar 2025 | Funding round | US$150M | US$2B (reported) | Greenoaks (lead) | Reuters (via Fidelity) |
| 2024 | Funding round | US$150M | About US$550M (reported) | See source | The Robot Report |
The Bot Company timeline
Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.
- 2024 — The Bot Company is founded in San Francisco by Kyle Vogt (CEO).
- 2024 — Funding round: US$150M, valuing the company at About US$550M (reported).
- Mar 2025 — Funding round: US$150M, valuing the company at US$2B (reported). Investors: Greenoaks (lead).
- October 2025 — Reported later talks: Bloomberg reported in October 2025 that the company was set to raise US$250 million at a valuation of more than US$4 billion.
Investors
Overview
The Bot Company is a robotics startup founded by Kyle Vogt, co-founder and former CEO of Cruise, the self-driving car company owned by General Motors. Its goal is to build robots that can do everyday chores in people's homes. The company has kept product details private, but Vogt has described a vision of affordable, useful household robots built with modern AI rather than rigid, pre-programmed routines. Within a year of its founding, the company raised US$300 million across two rounds, and Reuters reported that a March 2025 round led by Greenoaks valued it at US$2 billion. In October 2025, Bloomberg reported that it was set to raise US$250 million at a valuation of more than US$4 billion.
Kyle Vogt founded The Bot Company in 2024. He previously co-founded Justin.tv, which became Twitch and was acquired by Amazon, and Cruise, which he led until 2023, when Cruise suspended operations after a pedestrian accident and regulatory scrutiny. Vogt left Cruise shortly afterwards and turned to home robotics, assembling a team of engineers, many from autonomous vehicle and robotics backgrounds.
What it's building
- Household robots: machines intended to help with tasks such as tidying and other chores.
- AI-driven behaviour: robots controlled by learned AI models rather than hand-coded instructions.
- Consumer focus: an aim to make robots affordable and practical for ordinary homes.
The company hasn't publicly released a product or detailed specifications as of our last update, so we don't describe its robots in more detail.
Funding
The Bot Company raised US$150 million in its first round in 2024, reportedly at a valuation of about US$550 million. In March 2025, Reuters reported that it raised another US$150 million led by Greenoaks at a US$2 billion valuation, citing sources. In October 2025, Bloomberg reported that it was set to raise US$250 million at more than US$4 billion, with venture firm Eclipse leading, according to people familiar with the matter. We use the March 2025 figure as its latest valuation until the newer round is confirmed.
Business model
The Bot Company hasn't disclosed a business model. Consumer robotics companies typically sell hardware, sometimes with subscriptions for software updates and services. Whether it sells robots outright, leases them or offers a service will affect its economics.
Competition
The Bot Company competes with humanoid robot companies targeting homes, such as 1X, Figure AI and Tesla's Optimus; with robot foundation model companies such as Physical Intelligence and Skild AI; and with established consumer robot makers such as iRobot and Roborock. Its distinguishing features are Vogt's track record in scaling autonomous systems and its consumer focus.
The Bot Company at a glance
The Bot Company is a San Francisco home robotics startup founded in 2024 by Cruise co-founder Kyle Vogt. It is developing AI-driven robots for household chores. It raised US$300 million in its first year, with a March 2025 round led by Greenoaks reportedly valuing it at US$2 billion, and was reported in October 2025 to be raising at more than US$4 billion.
Timeline
- 2023: Kyle Vogt leaves Cruise.
- 2024: founds The Bot Company and raises US$150 million.
- March 2025: raises US$150 million at a reported US$2 billion.
- October 2025: reported talks to raise US$250 million at more than US$4 billion.
Why home robots are so hard
Homes are cluttered, varied and constantly changing, unlike factories, where robots work in controlled environments. A robot that tidies a living room must recognise thousands of objects, handle them gently, navigate around pets and children, and cope with every home being different. Until recently, robots couldn't generalise well enough. Advances in AI models that learn from large amounts of data, similar to those behind chatbots and self-driving cars, have revived hopes that general-purpose home robots are possible. Cost, safety and reliability remain major challenges.
Lessons from autonomous vehicles
Vogt's experience at Cruise brings both relevant expertise and cautionary lessons. Building autonomous systems requires large data sets, simulation, safety engineering and manufacturing, all areas where Cruise developed capabilities. But Cruise's suspension after an accident showed how quickly safety incidents and regulatory trust can derail a company. Home robots, operating near people in private spaces, will face similar scrutiny over safety and privacy.
Who funds The Bot Company
The Bot Company's reported investors include Greenoaks, which led its March 2025 round, and Eclipse, reported to be leading the later round.
Valuation context
A reported US$2 billion valuation within a year of founding, without a public product, reflects investor confidence in Vogt and in AI robotics. Our guide to robotics startups compares it with peers.
Risks
- Technical risk: general-purpose home robots are unproven.
- Cost: consumer prices must be affordable.
- Safety and privacy: robots in homes raise sensitive issues.
- Disclosure: little public information is available about its product.
Questions for observers
- When will the company reveal its first product?
- What price point and tasks will it target?
- How will safety be demonstrated?
Until the company shows its robots publicly, its valuation rests mainly on the team's track record and investors' belief in the market for household robots.
The home robot market
Consumer robots today are mostly single-purpose devices such as robot vacuums and lawn mowers. A general-purpose home robot would be a much larger market, but also far harder to build. Several well-funded companies are racing toward it, and early products are likely to be expensive and limited in what they can do.
Latest developments (October 2026)
Kyle Vogt's The Bot Company was reported by Bloomberg to be raising about US$250 million at more than US$4 billion, led by Eclipse. We have not seen confirmation of the final terms, so our profile keeps the US$2 billion figure from March 2025. The company has still not shown a product publicly. See our robotics startups guide.
What to watch
Watch for a product launch, confirmation of the reported round and partnerships.
Takeaways
Households may eventually get robot help with chores. Founders can see how a strong track record attracts early capital. Investors should note how little is public about the product.
Sources
Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.
Frequently asked questions
What does The Bot Company do?
The Bot Company is a robotics / household robots company headquartered in San Francisco, California, United States. It was founded in 2024.
What is The Bot Company's valuation?
The Bot Company was valued at US$2 billion as of March 2025, according to Reuters (via Fidelity). Private company valuations are set at funding rounds or share sales and can change significantly between them.
How much revenue does The Bot Company make?
The Bot Company is a private company and has not publicly disclosed its revenue. Figures on third-party sites are usually modelled estimates rather than numbers reported by the company.
What was The Bot Company's latest funding round?
The most recent financing we have verified is a funding round in Mar 2025: US$150M, at a valuation of US$2B (reported). Source: Reuters (via Fidelity).
Who are The Bot Company's investors?
Investors named in public announcements include Greenoaks and Eclipse.
Who founded The Bot Company?
The Bot Company was founded in 2024 by Kyle Vogt (CEO).
Is The Bot Company a public company?
No. The Bot Company is a private company (private, venture backed), so its shares are not traded on a stock exchange and it isn't required to publish its financial results.
Where is The Bot Company headquartered?
The Bot Company is headquartered in San Francisco, California, United States.