The Bot Company
About
About The Bot Company
The Bot Company is developing robots intended to perform everyday household chores. Kyle Vogt founded the San Francisco business in 2024 with Paril Jain and Luke Holoubek after work spanning autonomous vehicles, artificial intelligence and robotics. Its team also includes people with backgrounds at Tesla, Cruise, OpenAI, Google and Pixar. Development remains pre-commercial and combines robot hardware with AI software for learning and carrying out domestic tasks.
The company announced an initial $150 million financing in May 2024, led by Nat Friedman, Daniel Gross and Nabeel Hyatt with participation from several technology founders and venture firms. A second $150 million round led by Greenoaks followed in March 2025 at a reported $2 billion valuation, up from the reported $550 million post-money valuation attached to the first round. Greenoaks, NFDG, Spark, Eclipse, Kleiner Perkins and Y Combinator are among the backers named by the company.
Funding
- 2025-03-21 - Series B - $150M - The Bot Company raises $150M at $2B valuation
The Bot Company raised $150 million in a Greenoaks-led financing that valued the household-robot startup at $2 billion. - source: investing.com
- 2024-05-13 - Seed - $150M - The Bot Company raises $150M seed financing
The Bot Company raised $150 million in seed financing to begin developing household robots under co-founder Kyle Vogt. - source: forbes.com
Team
- Kyle Vogt - Co-Founder - Co-founded The Bot Company to develop household robots.
- Paril Jain - Co-Founder - Co-founded The Bot Company and brings autonomy-system experience.
- Luke Holoubek - Co-Founder - Co-founded The Bot Company and contributes robotics software experience.
Timeline
Events
- 2025-03-21 - Funding - The Bot Company raises $150M at $2B valuation
Greenoaks led the $150 million financing. The completed round valued the company at $2 billion. The round followed the company’s $150 million initial financing in May 2024.
Source - 2024-05-13 - Funding - The Bot Company raises $150M seed financing
The financing valued the newly formed company at $550 million post-money. Spark Capital and Nat Friedman were among the major backers. Nat Friedman, Daniel Gross and Nabeel Hyatt led a broader group of investors and entrepreneurs.
Source