O
OnRobot
Provides plug and produce end-of-arm tools and software solutions for collaborative applications
About OnRobot
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.
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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.
At a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Odense, Denmark
- Employees
- 93
- Open positions
- None listed
- Dealroom signal
- 70.4/100
- Sector
- Robotics, Industrial Automation, Core AI, Industrial Robotics, Producer, Industry 4.0, Sensor Tech
- Technology
- Artificial Intelligence, Hardware, Deep Tech, Computer Vision, Autonomous & Sensor Tech, IoT InternetOfThings
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 4 companies, latest Apr 2019
- Capital deployed
- —
- Preferred round
- MERGER
Knowledge graph
More headlines
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 | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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
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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
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Thomas Visti Jensen
Enrico Krog Iversen- JKJørn Kildegaard
Series B and later6 investors entered at this stage
Summit Partners- FSFinext Startup
Granpool
European Investment Bank
Export and Investment Fund of Denmark
Nordic Secondary Fund
Other known investors2 additional known investors
OptoForce
Perception Robotics
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about OnRobot 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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