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Misty Robotics

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Hardware company that builds personal robots for homes and offices

Boulder, United StatesFounded 2017Robotics
Valuation $50–100M Last recorded · 2018
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Misty Robotics and the history behind them.

About Misty Robotics

Misty Robotics, founded in 2017 as a spin-off from the consumer robotics company Sphero, is focused on creating a versatile and programmable robot platform for developers, educators, and researchers. The company was established by Ian Bernstein, co-founder of Sphero, who was instrumental in developing the popular Sphero robotic ball and the BB-8 toy robot for Disney. Bernstein's journey began with a childhood passion for electronics and robotics, leading him to co-found Sphero in 2010 to build app-enabled robots before envisioning a more sophisticated platform, which became Misty.

The company's core product is the Misty II robot, a professional-grade platform designed to lower the barrier of entry for creating and experimenting with social robots. The business model is centered on selling this hardware platform to a diverse client base, including software developers, STEM educators, academic researchers, and businesses exploring human-robot interaction. By providing a robust set of development tools, documentation, and open APIs, Misty Robotics empowers users to build and share new skills and applications, fostering a community-driven ecosystem. Revenue is generated through the direct sale of the Misty II robot, which was initially launched via a crowdfunding campaign before a public release in late 2019.

The Misty II robot stands 14 inches tall and is equipped with a wide array of sensors and hardware, including a 4K camera, a structured light sensor for 3D mapping (SLAM), a far-field microphone array, capacitive touch panels, and multiple processors. It can navigate autonomously, recognize faces, process voice commands, and display a range of expressions on its LCD face. Developers can program Misty using JavaScript and Python, and hardware can be extended with add-ons like an Arduino backpack, allowing for significant customization. This enables a wide variety of applications, from serving as a teaching assistant in special education to a temperature screening assistant in workplaces or a greeting concierge.

In January 2022, the business assets of Misty Robotics were acquired by the Swedish social robotics company Furhat Robotics. The acquisition was a strategic move to establish a U.S. base for Furhat and to combine the expertise of both teams to accelerate the development of social robots. The Misty brand and product line continue to be supported and developed under Furhat's ownership, with plans to integrate features from both platforms. Ian Bernstein joined Furhat's advisory board as part of the acquisition.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2017
Headquarters
Boulder, United States
Employees
12
Open positions
None listed
Dealroom signal
83.1/100
Industry
Robotics
Sector
Robotics, Hard Tech, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jan 2022 $0 — Furhat Robotics ↗
SERIES A✓Equity / VC Dec 2018 $11M $44M Venrock · Foundry —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Misty Robotics website traffic

Latest recorded traffic for Misty Robotics is 5.5K monthly website visits, down 50% over the last three months. Misty Robotics's team grew 20% over the past year.

Latest monthly visits5.5K 3-month web change-50% 1-year team growth+20%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Other known investors8 additional known investors

  • Furhat Robotics
  • Calibrate Ventures
  • Frontier Venture Capital
  • Great North Labs
  • Harsh Patel
  • Riyadh Techstars Accelerator
  • Techstars
  • Wireframe Ventures
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States66.7%
🇸🇪 Sweden33.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Misty Robotics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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