What is Olis Robotics?
Olis Robotics offers a sophisticated video diagnostics application designed for the remote monitoring, troubleshooting, and resolution of automation faults within PLCs and robots. This subscription-based service, available annually for $499 on Android, empowers integrators and end-users to efficiently debug complex automation systems without requiring intricate setups. The platform supports a wide array of controllers, including Allen Bradley, FANUC, Kawasaki, and Universal Robots, providing critical features such as real-time screen sharing and synchronized event timelines to enhance production monitoring and drastically reduce technical support travel time.
How much funding has Olis Robotics raised?
Olis Robotics has raised a total of $7M across 5 funding rounds:
Private Equity
$845K
Series A
$1.4M
Private Equity
$525K
Debt
$150K
Other Financing Round
$4.1M
Private Equity (2016): $845K, investors not publicly disclosed
Series A (2017): $1.4M led by Seattle Angel
Private Equity (2017): $525K, investors not publicly disclosed
Debt (2020): $150K featuring PPP
Other Financing Round (2023): $4.1M backed by Ubiquity Ventures, Tectonic Ventures, and PSL Ventures
Key Investors in Olis Robotics
Ubiquity Ventures
Ubiquity Ventures is a seed-stage institutional venture capital firm specializing in "software beyond the screen" startups, focusing on companies that integrate smart hardware and machine intelligence to solve real-world physical problems.
Tectonic Ventures
Tectonic Ventures partners with mission-oriented entrepreneurs to address significant challenges in the enterprise landscape through technology-enabled solutions, providing initial capital and strategic mentorship.
PSL Ventures
PSL Ventures, LLC is a professional real estate investment company dedicated to producing quality housing products in highly desirable areas of Houston while providing exciting, low risk investment opportunities with above average yields for our investor partners.
What's next for Olis Robotics?
The recent major enterprise-level funding positions Olis Robotics for significant scaling and further development of its remote diagnostics technology. This strategic investment is likely to fuel expansion into new markets, enhance the platform's capabilities, and strengthen its competitive edge in the industrial automation software landscape. The company's focus on reducing downtime and support costs for robotic and PLC systems aligns with the growing demand for efficient, software-driven solutions in manufacturing and logistics.
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