Invest in Locus Robotics

LocusOne is the industry’s first data science-driven automated warehouse software for enterprise-wide AMR deployments & performance management in existing (brownfield) and new (greenfield) environments.

The LocusOne platform accommodates the diverse material handling requirements prevalent in modern fulfillment and distribution warehouses. It allows facilities of all sizes to efficiently manage a unified, diverse fleet of AMR models, ensuring seamless operation and coordination.

LocusOne enables LocusBots to effortlessly scale and perform a wide variety of tasks within a single warehouse. These tasks include individual item picking and putaway, case picking and putaway, replenishment, pallet building, executing routine routes, point-to-point transport, counting, and other activities, showcasing the system's versatility and adaptability.

LocusOne incorporates the acclaimed LocusView package, a comprehensive dashboard and reporting tool from Locus. This feature is crafted to provide data-driven, actionable insights through over two dozen detailed reports and real-time dashboards. It covers a range of functionalities including labor guidance, predictive analytics for task completion, operational benchmarks against goals or specific timeframes, order pool monitoring and advice, mission analysis and enhancement, and visualization of key performance indicators, among others.

LocusOne seamlessly and effectively integrates with various automation technologies, guaranteeing a flexible and scalable robotics solution that can be effortlessly implemented in both existing and new environments.

Locus has three products: Origin, Vector, and Max.

Locus Origin, an intelligent autonomous mobile robot (AMR), is specially crafted for collaborative, high-volume order fulfillment. Its unique multi-bot strategy enhances fulfillment efficiency by more than double, primarily by reducing unproductive walking time, while also ensuring precise order accuracy.

As Locus Origin handles the movement, workers can focus on more productive tasks, leading to quicker cycle times, better ergonomics, enhanced worker safety, and an overall improvement in workplace quality.

Locus Origin offers flexible configuration options, accommodating multi-level shelving and a diverse array of containers including tote-arrays, bulk bins, and shipping boxes. This adaptability ensures it can seamlessly integrate with specific workflows and various product types.

Locus Origin’s design makes it highly agile and flexible, easily working collaboratively alongside workers.

Locus Vector is an innovative, flexible, autonomous material handling and logistics robot specially designed for high-productivity material handling and logistics applications. Featuring a robust industrial-grade chassis, omnidirectional movement capabilities, and a compact form, the AMR is suitable for deployment in a diverse array of settings, adeptly handling a multitude of material handling duties.

Locus Vector is adept at effortlessly transporting various items during operations. Its versatile design supports a range of applications, including moving shelves or racks, discrete order picking, and point-to-point material handling, showcasing its multifunctional capabilities.

Locus Vector’s unique, omnidirectional mobility enables it to easily maneuver in virtually any orientation to fit specific needs.

Equipped with a 3D LiDAR system that has a 90-meter range, Locus Vector enhances safety and navigational precision, making it exceptionally suitable for the dynamic and challenging conditions of demanding warehouse environments.

Locus Max is a heavyweight, autonomous pallet robot (pallet AMR) specifically designed for safe, autonomous transportation of large and heavy payloads throughout any facility.

Locus Max features a user-friendly interface, enabling quick and straightforward setup and autonomous operation, often achievable in less than 15 minutes.

Locus Max is perfectly suited for a wide range of applications, such as case picking and pallet movement. It is designed to interact seamlessly and safely with workers, efficiently handling even the heaviest loads with ease.

Locus stands out as one of the select robotics companies capable of successfully implementing a Robot-as-a-Service (RaaS) model on a large scale. This subscription-based approach has facilitated customer adoption by reducing initial investments, while simultaneously establishing predictable and recurring revenue streams for Locus.

“Locus has fundamentally attractive site-level unit economics underpinned by impressive expansion rates,” said G2 Venture Partners in a statement.

CEO Rick Fault noted in March 2023 that approximately 23% of current business operations are in greenfield buildings. Initially focused on brownfield sites, the advantage of Locus lies in its versatility to effectively operate in both environments.

According to Business Insider, CEO Rick Faulk said in November 2022, the company had more than $100 million in contracted recurring revenue.

In November 2022, CEO Rick Faulk stated, "If the (IPO) window does open, hopefully in the next 12 to 24 months, we're ready to go. We've got the numbers to do it.”

In March 2023, CEO Rick Faulk stated, “We’ve raised about $430 million, went through our Series F. Next leg in our financing will be an IPO. Probably. We have the numbers to do it now. The market conditions are not right to do it, for all the reasons you know.”

In March 2024, Locus Robotics announced announced it had been named one of Fast Company's Most Innovative Companies of 2024.

In June 2024, DHL Supply, the global leader in contract logistics, reached the milestone of 500 million picks accomplished using Locus' innovative LocusBot robots. This achievement underscores the transformative impact of Locus' AMR technology on productivity and operational efficiency at an unprecedented scale.

In June 2024, Zion Solutions Group announced its strategic partnership with Locus Robotics. This collaboration leverages the Locus Global Alliance Network, a consortium of the warehouse industry's best and brightest, dedicated to propelling productivity and transforming supply chains with innovative robotics, service, and software solutions.