BootstrapLabs
Investments
45Portfolio Exits
4Funds
4Partners & Customers
6About BootstrapLabs
BootstrapLabs is a venture capital firm based in Silicon Valley and focused on Applied Artificial Intelligence. BootstrapLabs invests in mission-driven founders who want to shape a better future by applying artificial intelligence to solve some of the world’s hardest problems in sectors such as Mobility, Enterprise Productivity, Cybersecurity, Intelligent Computing, Health, Energy, and FinTech, among others.
BootstrapLabs Headquarter Location
44 Tehama Street
San Francisco, California, 94105,
United States
BootstrapLabs Web Traffic
BootstrapLabs Rank
Latest BootstrapLabs News
May 13, 2022
May 13, 2022 Southie Autonomy , a developer of intelligent robotic automation, has raised $2.5 million in seed funding led by BootstrapLabs, a venture capital firm focused on applied artificial intelligence, and with the participation of Ocean Azul. Kineo Finance participated in the equity round and is providing an additional $5 million in venture leasing to support Southie’s disruptive robot-as-a-service business model. Supply chain disruption and labor shortages have spotlighted the need for increased automation. However, many existing solutions are too costly, complex and time-consuming to changeover within highly dynamic manufacturing, warehousing and distribution environments. Southie Autonomy’s solution provides fast and flexible automation, creating a turnkey cell that can adapt to fluctuating demands and improve efficiency and margins. With Southie Autonomy’s no-code robotic arm software solution, manufacturers no longer need additional programming and engineering expertise to integrate and manage the automation. The platform utilizes artificial intelligence and augmented reality to automate highly variable contract packaging activities spanning kitting, packing to palletization, enabling daily line changeovers. The robotic arm can be configured within minutes eliminating the setup burden and can operate safely beside workers. The software is compatible with any robotic hardware and is currently being deployed by a handful of customers. Southie Autonomy, based in the MassRobotics collaboration space in Boston, was founded in 2018 by Draper alumni Rahul Chipalkatty and Jay M. Wong. The capital will help accelerate customer acquisition and build out the network of distribution partners. In addition, Southie Autonomy will scale its operations and expand the commercial and technical team. BootstrapLabs will join the board of Southie Autonomy. Rahul Chipalkatty, founder and CEO, Southie Autonomy, says: “We are thrilled to have investors that are pioneers in understanding how AI is changing our world and their support will enable Southie Autonomy to scale rapidly. “Our mission is to unlock the potential of robotic automation, removing the long-established barriers to adoption, cost, and complexity. Supply chain providers and manufacturers now have a turnkey solution to help overcome labor challenges.” Benjamin Levy, co-founder and general partner, BootstrapLabs, says: “Until now, it was very expensive and complex to reprogram robots to perform different tasks, causing the automation ROI to plummet. “With Southie’s innovative AI-powered robotic automation platform, it only takes minutes, and no coding is required. “This is a pivotal moment for the industry, and with its Robot-as-a-Service business model, Southie is poised to accelerate the adoption of collaborative robots across new industries and types of organizations.” Share this:
BootstrapLabs Investments
45 Investments
BootstrapLabs has made 45 investments. Their latest investment was in Rabot as part of their Seed VC on March 3, 2022.
BootstrapLabs Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/18/2022 | Seed VC | Rabot | $2M | Yes | 7 | |
3/11/2022 | Seed VC | Southie Autonomy | $2.5M | Yes | Undisclosed Investors | 3 |
11/2/2021 | Unattributed VC - II | Cargo Chief | $1.5M | No | 1 | |
9/29/2021 | Unattributed VC - II | |||||
9/27/2021 | Series A - II |
Date | 3/18/2022 | 3/11/2022 | 11/2/2021 | 9/29/2021 | 9/27/2021 |
---|---|---|---|---|---|
Round | Seed VC | Seed VC | Unattributed VC - II | Unattributed VC - II | Series A - II |
Company | Rabot | Southie Autonomy | Cargo Chief | ||
Amount | $2M | $2.5M | $1.5M | ||
New? | Yes | Yes | No | ||
Co-Investors | Undisclosed Investors | ||||
Sources | 7 | 3 | 1 |
BootstrapLabs Portfolio Exits
4 Portfolio Exits
BootstrapLabs has 4 portfolio exits. Their latest portfolio exit was Fortella on August 31, 2021.
BootstrapLabs Fund History
4 Fund Histories
BootstrapLabs has 4 funds, including BootStrapLabs.vc Seed Fund 2016.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
4/5/2018 | BootStrapLabs.vc Seed Fund 2016 | Early-Stage Venture Capital | Closed | $14.27M | 2 |
2/5/2018 | BootstrapLabs.vc Follow-On Fund 2016 | ||||
BootstrapLabs.VC Seed Fund 2019 | |||||
BootstraLabs Seed-Plus Fund |
Closing Date | 4/5/2018 | 2/5/2018 | ||
---|---|---|---|---|
Fund | BootStrapLabs.vc Seed Fund 2016 | BootstrapLabs.vc Follow-On Fund 2016 | BootstrapLabs.VC Seed Fund 2019 | BootstraLabs Seed-Plus Fund |
Fund Type | Early-Stage Venture Capital | |||
Status | Closed | |||
Amount | $14.27M | |||
Sources | 2 |
BootstrapLabs Partners & Customers
6 Partners and customers
BootstrapLabs has 6 strategic partners and customers. BootstrapLabs recently partnered with Position A Partners on December 12, 2017.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
12/20/2017 | Partner | United States | SAN FRANCISCO , December 20 , 2017 -- BootstrapLabs , a leading early-stage venture capital firm focused on Applied Artificial Intelligence , and Position A Partners , a specialized investment , product innovation and corporate development firm , are partnering to offer founders a life-cycle approach to successfully build and scale companies that solve the hardest Artificial Intelligence and Cyber technology challenges in areas such as autonomous vehicles , identity management , data and transaction integrity , critical infrastructure , robotics , healthcare and government . | 1 | |
5/9/2017 | Partner | ||||
8/12/2014 | Client | ||||
4/9/2014 | Partner | ||||
11/7/2010 | Partner |
Date | 12/20/2017 | 5/9/2017 | 8/12/2014 | 4/9/2014 | 11/7/2010 |
---|---|---|---|---|---|
Type | Partner | Partner | Client | Partner | Partner |
Business Partner | |||||
Country | United States | ||||
News Snippet | SAN FRANCISCO , December 20 , 2017 -- BootstrapLabs , a leading early-stage venture capital firm focused on Applied Artificial Intelligence , and Position A Partners , a specialized investment , product innovation and corporate development firm , are partnering to offer founders a life-cycle approach to successfully build and scale companies that solve the hardest Artificial Intelligence and Cyber technology challenges in areas such as autonomous vehicles , identity management , data and transaction integrity , critical infrastructure , robotics , healthcare and government . | ||||
Sources | 1 |
BootstrapLabs Team
2 Team Members
BootstrapLabs has 2 team members, including current Founder, General Partner, Benjamin Levy.
Name | Work History | Title | Status |
---|---|---|---|
Benjamin Levy | Founder, General Partner | Current | |
Nicolai Wadstrom | SOS Alarm Sverige, IBM, Vioma, and Upgrade | Founder, Chief Executive Officer, General Partner | Current |
Name | Benjamin Levy | Nicolai Wadstrom |
---|---|---|
Work History | SOS Alarm Sverige, IBM, Vioma, and Upgrade | |
Title | Founder, General Partner | Founder, Chief Executive Officer, General Partner |
Status | Current | Current |
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