Symbotic
Nasdaq-listed (SYM) US warehouse automation company using AI-powered SymBots for autonomous case handling in distribution centers at 20+ mph.
Symbotic Inc. (Nasdaq: SYM) is a publicly traded American automation technology company headquartered at 200 Research Drive, Wilmington, Massachusetts 01887. Founded in 2007 by Richard B. Cohen, Symbotic develops and deploys end-to-end AI-powered robotic and software platforms designed to transform warehouse and distribution center operations for grocery, retail, and wholesale industries.
The company's core technology centers on autonomous mobile robots called SymBots, which navigate warehouse structures as large as a football field at speeds exceeding 20 mph. SymBots perform high-density automated storage and retrieval, case picking, depalletizing, and palletizing. The platform integrates AI-driven software that optimizes inventory flow, reduces labor intensity, and increases throughput for large-scale distribution networks.
Key customers include Walmart, Target, Albertsons, C&S Wholesale Grocers, and Giant Tiger. Symbotic's Walmart engagement is among the largest warehouse automation contracts in the retail industry. The company also formed a joint venture with SoftBank Group called GreenBox — a Warehouse-as-a-Service (WaaS) initiative — with SoftBank holding a 65% stake and Symbotic 35%.
Product capabilities include automated case handling (BreakPack development for individual unit picking), high-density storage structures (GreenWall), and a Warehouse Execution Software layer that coordinates robotic fleets in real time. The company employs between 501 and 1,000 people and reported a market capitalization of approximately $5.3 billion as of mid-2026.
Symbotic went public through a SPAC merger in 2022. The company phone is (978) 284-2800 and email [email protected]. It is registered as Symbotic Inc. (formerly Symbotic LLC) and has its Crunchbase profile at crunchbase.com/organization/symbotic.
Primary type & automation activities this supplier delivers:
SymBot Autonomous Mobile Robot
AI-powered autonomous robot that navigates high-density warehouse structures at 20+ mph for case storage, retrieval, and handling.
GreenBox Warehouse-as-a-Service
- Model: GreenBox
- Launch Year: 2023
Joint venture WaaS platform with SoftBank offering fully managed AI-powered warehouse automation as a subscription service.
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Contact Symbotic
WEBSITE
https://www.symbotic.com/PHONE
+1 978-284-2800HEADQUARTERS
United States
Company Facts
Founded
2007
Primary Role
Manufacturer
Company Size
-
Primary Region
North America
Annual Sales
-
Funding Stage
-
Funding Total
-
