The Reshoring Revolution Will Involve Affordable Robots

Rapid Robotics, creator of the first ready-to-work robotic machine operator, has received $5.5M in seed funding from Greycroft and Bee Partners. With the first affordable robotics solution for executing simple machine operator tasks, Rapid is helping US manufacturers reduce costs and recapture billions of dollars of revenue currently flowing to offshore competitors. Rapid customers are saving an average of $110,000 per year for each robotic machine operator they install, achieving positive ROI in as little as three months.