What is Embodied?
Embodied, formerly known as Moxie Robots, Inc., is dedicated to revitalizing the beloved Moxie Robot, an interactive companion designed for children. The company's mission is to foster emotional expression and connection in young users, offering a compelling alternative to traditional screen time. Founded by Kush Taneja, who previously co-founded FamPay, Embodied focuses on enhancing the developmental experience of children through cutting-edge technology. The company is committed to re-engaging the Moxie community and nurturing the meaningful relationship between children and their robot companions.
How much funding has Embodied raised?
Embodied has raised a total of $29M across 2 funding rounds:
Other Financing Round
$7M
Series A
$22M
Other Financing Round (2017): $7M with participation from 11.2 Capital, Amplify Partners, FreeS Fund, Lux Capital, SV Angel, and A.Capital Ventures
Series A (2018): $22M led by Osage University Partners, Calibrate Ventures, JAZZ Venture Partners, Intel Capital, and Grishin Robotics
Key Investors in Embodied
Osage University Partners
Osage University Partners is a venture capital firm specializing in early-stage B2B software companies, with a focus on the future of work and education. They partner with exceptional entrepreneurs in post-revenue businesses.
Calibrate Ventures
Calibrate Ventures invests in early-revenue companies leveraging advanced software, automation, and AI to reshape industries. They provide financing and operational guidance to accelerate growth.
JAZZ Venture Partners
JAZZ Venture Partners is an investment firm that supports companies in their growth and development phases. Their focus areas often align with emerging technologies and innovative business models.
What's next for Embodied?
With the recent infusion of capital, Embodied is poised for a new phase of growth. The enterprise-level funding suggests a focus on scaling operations, expanding market reach, and potentially developing new features or product lines. The strategic nature of the latest investment indicates strong confidence from backers in Embodied's long-term vision and its ability to capture a significant share of the child development technology market. Future initiatives will likely involve enhancing the robot's interactive capabilities and broadening its educational applications.
See full Embodied company page
