O
OnRobot
Robotics · Odense, Denmark · Founded 2015
Provides plug and produce end-of-arm tools and software solutions for collaborative applications MoreLess
Based in the heart of Denmark's robotics cluster in Odense, OnRobot has strategically positioned itself as a key provider in the collaborative robotics market. The company was officially formed in 2018 through the merger of three specialized end-of-arm tooling (EoAT) firms: On Robot from Denmark, OptoForce from Hungary, and Perception Robotics from the United States. This consolidation, spearheaded by CEO Enrico Krog Iversen, former chief executive of Universal Robots, aimed to create a one-stop shop for collaborative applications.
The company's history is marked by rapid growth through strategic acquisitions. Soon after the merger, OnRobot acquired Purple Robotics in August 2018, incorporating its innovative vacuum gripper technology. In April 2019, it acquired the intellectual property and development team of Blue Workforce, another Danish company specializing in solutions for industries like food and agriculture. This series of acquisitions has enabled OnRobot to build a comprehensive and unified product portfolio under a single brand.
OnRobot's business model revolves around the design, manufacturing, and sale of a wide range of hardware and software solutions for collaborative robots, often called cobots. Its revenue is generated through the sale of these products via a global network of over 700 distributors and system integration partners. The primary clientele consists of small and mid-sized manufacturing companies seeking to automate processes such as machine tending, material handling, assembly, and surface finishing. The company operates in the industrial automation and robotics market, focusing on the end-of-arm tooling segment, which is crucial for the functionality of robotic arms.
The product line is extensive, featuring electric, vacuum, and magnetic grippers, force/torque sensors, tool changers, and specialized kits for screwdriving and sanding. A notable offering is the Gecko gripper, which uses micro-molding technology inspired by geckos to handle large, flat objects without traditional vacuum systems. OnRobot emphasizes a 'One System, Zero Complexity' philosophy, ensuring its tools are compatible with a wide array of robot brands and can be deployed quickly with minimal programming. More recently, the firm launched D:PLOY, an automated software platform designed to simplify the entire process of building, monitoring, and redeploying collaborative applications without extensive programming knowledge.
Keywords: end-of-arm tooling, collaborative robots, robotic grippers, industrial automation, force/torque sensors, machine tending, plug-and-produce, robotic finishing, manufacturing automation, cobot accessories
Company overview
OnRobot company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2015
- Headquarters
- Odense, Denmark
- Employees
- 93
- Open positions
- None listed
- Dealroom signal
- 70.4
- Investment activity
- 4 companies · latest Apr 2019
- Capital deployed
- —
- Preferred round
- MERGER
Valuation & funding
OnRobot funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Oct 2022 | $5.9M | $138M | Enrico Krog Iversen | ↗ |
| SECONDARYOther financing | Feb 2020 | $0 | — | Nordic Secondary Fund | ↗ |
| LATE VCOther financing | Dec 2019 | $28M | $110M | European Investment Bank · Export and Investment Fund of Denmark | — |
| LATE VCOther financing | Aug 2019 | $0 | — | Finext Startup · Granpool | — |
| GROWTH EQUITY VCOther financing | Aug 2018 | $25M | — | Enrico Krog Iversen · Summit Partners | ↗ |
| EARLY VCOther financing | Jun 2018 | Undisclosed | — | ||
| MERGEROther financing | Jun 2018 | Perception Robotics · OptoForce | — | ||
| EARLY VCOther financing | Jun 2018 | Enrico Krog Iversen | — | ||
| SEEDOther financing | May 2018 | Undisclosed | — | ||
| SEEDOther financing | Mar 2018 | Undisclosed | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $2.4M | 0% | −$19M | -779.9% |
| 2025 | $2.4M | 0% | −$19M | -779.9% |
| 2024 | $2.4M | 0% | −$19M | -779.9% |
| 2023 | $2.4M | 0% | −$19M | -779.9% |
| 2022 | $2.4M | 0% | −$19M | -779.9% |
| 2021 | $2.4M | 0% | −$20M | -838% |
| 2020 | $2.4M | — | −$23M | -945.9% |
Growth signals
OnRobot website traffic
Latest recorded traffic for OnRobot is 44K monthly website visits, down 13.7% over the last three months. OnRobot's team declined 8.8% over the past year.
Comparisons
OnRobot compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
OnRobot investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Blue WorkforceAalborg, DenmarkInnovative and scalable robotic handling solutions
$11Mvaluation
Purple RoboticsOdense, DenmarkDeveloped an innovative vacuum gripper
→
Perception RoboticsLos Angeles, United StatesTouch- and vision-based sensing solutions for modern industrial robots and next-generation assistive robots
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OptoForceBudapest, HungaryCreates compliant, multi-axis force sensors and load cells based on elastomer technology
→
Talent graph
OnRobot's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where OnRobot has talent and traffic
team presence
In the news
Latest news about OnRobot
Recent press, funding announcements, and product moves mentioning OnRobot — open to read from the original sources.
Market sentiment
What the market is saying about OnRobot
An AI-synthesized read of the highest-engagement posts about OnRobot on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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