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Jibo
A social home robot.
Description
A design-driven company that created unforgettable experiences through advanced robotics technology.
Legal Name
Jibo, Inc.
Former Legal Name(s)
-
Company Reputation
-
Entity Type
Private limited company
Ownership Status
-
Operational Status
Inactive
Founded Date
2012
Operational Duration
7 years
Shutdown Date
2019
Last Financing Round
Series B
Total Raised
USD 110.13M
Last Financing Date
10 Nov 2016
No. of Funding Round(s)
7
No. of Investor(s)
3
No. of Employees
10 - 50
Total Revenue
-
Post-money Valuation
-
Market Capitalization
-
Stage of Development
Validation
Transactional Model Type
B2C
Defensibility Moats
Value chain innovation, Procedural knowledge,
City
Boston
State/Province
Massachusetts
Country
United States
Industry
Machinery
Categories
Robotics, Artificial Intelligence, Machine Learning,
- No Unique Value Proposition
- Unlike the many useful robots already at work in countries like Japan, which can effectively improve the life of elderly people, help take care of kids, or provide aid to people with various problems, Jibo didn’t have a clear value proposition.
- Delayed Product Delivery
- Jibo started to show signs of trouble the same year it started to ship orders, when they company started cancelling international orders.
- Strong Competition
- Lack of Strategy
- Instead of pivoting in 2015 to meet the new demands of the changing landscape, which eventually became more competitive with Apple and Google joining the fray, Jibo’s Indiegogo commitments became a burden for the company.
- In the end, the robot that eventually shipped for close to $1,000, and was merchandised next to a series of more functional machines priced under $100.
Jibo did not have a clear value proposition.
Unfulfilled orders.
Cheaper, more skilled competition.
Did not adjust its strategy to meet the demands of the changing landscape.
Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%
| No. | Image | Name | Similarity score | Description | Industry | Categories | Location | Ownership status | Entity type | Stage of development | Transactional model type | Defensibility moats | Last financing round | Total raised | Post-money valuation | Last financing date | No. of funding round(s) | No. of investors | Investors | Total revenue | Market capitalization | No. of investments | No. of acquisitions | No. of board seats taken | Competition | Management | No. of employees | Company reputation | Contact info | Operational status | Operational duration | Shutdown date | Founded date | Legal name | Former legal name(s) | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Schaft | 8.8% | A robotics company that designed giant bipedal bots to act as first responders in emergencies. | Machinery | Hardware, Robotics, Software, Technology | Japan | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2012 | - | - | - |
| No. | Image | Name | Investor type | Description | Location | Preferred investment stage(s) | Stages invested in | Assets under management (AUM) | Investment range | Investment sweet spot | Preferred investment focus | Preferred investment geography | No. of investments | No. of lead investments | No. of follow-on investments | No. of co-investments | Portfolio companies | No. of exits | Total exit value | No. of failed investments | Loss on investments | No. of acquisitions | No. of board seats taken | No. of funds | Limited partners | Co-investors | No. of partners | Partners | No. of employees | Management | Board members | Founders | Investor reputation | Contact info | Entity type | Legal name | Former legal name(s) | Founded date | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | CRV | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
2. | | Fairhaven Capital Partners | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
3. | | OUP (Osage University Partners) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Image | Name | Previous designation | Previous company | Previous biography | Previous profile type | Previous location | Experience | Education | Reputation | Current company | Current designation | Current biography | Current profile type | Current location | No. of investments | No. of exits | Total exit value | No. of board seats taken | Contact info |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. | | Jerilyn Asher | - | - | - | - | - | - | - | - | - | - | - | - | Boston, Massachusetts, United States | - | - | - | - | - |
2. | | Matthew Witheiler | - | - | - | - | - | - | - | - | - | - | - | - | Boston, Massachusetts, United States | - | - | - | - | - |
3. | | Stuart Ellman | - | - | - | - | - | - | - | - | - | - | - | - | New York, New York, United States | - | - | - | - | - |
4. | | Steven Chambers | - | - | - | - | - | - | - | - | - | - | - | - | Boston, Massachusetts, United States | - | - | - | - | - |
5. | | Cynthia Breazeal | - | - | - | - | - | - | - | - | - | - | - | - | Boston, Massachusetts, United States | - | - | - | - | - |
6. | | Les Strauss | - | - | - | - | - | - | - | - | - | - | - | - | Wellington, Florida, United States | - | - | - | - | - |
7. | | Bruce Sachs | - | - | - | - | - | - | - | - | - | - | - | - | Cambridge, Massachusetts, United States | - | - | - | - | - |
| No. | Financing date | Financing round | Total amount raised | Post-money valuation | Financial viability | Fundraising target amount | Remaining target amount | Financing type | No. of investors | Board seats | Lead investors | Entity type | Financing status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. | 10 Nov 2016 | Series B | USD 13.10M | - | - | USD 28.10M | USD 15M | Equity, | 3 | 8 | - | - | Completed |
2. | 8 Dec 2015 | Series A | USD 16M | - | - | USD 16M | USD 4 | Equity, | 13 | 8 | - | - | Completed |
3. | 6 Aug 2015 | Series A | USD 11M | - | - | - | 6 | - | - | - | Completed | ||
4. | 20 Jul 2015 | Private Equity Round | USD 37.43M | - | - | USD 43.43M | USD 6M | Equity, Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security, | 28 | 7 | - | - | Completed |
5. | 21 Jan 2015 | Series A | USD 25.3M | - | - | - | 4 | - | - | - | Completed | ||
6. | 17 Oct 2014 | Product Crowdfunding | USD 2.3M | - | - | - | - | - | - | - | Completed | ||
7. | 5 Jun 2014 | Seed Round | USD 5M | - | - | - | 3 | - | - | - | Completed |
