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Israeli Co CommonSense Robotics Raises $6M

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Tuesday, August 8th, 2017

The Tel Aviv based company’s disruptive technology enables retailers of all sizes to offer one-hour delivery.

Originally published in Globes:

Israeli one-hour retail delivery developer CommonSense Robotics announced today that it has raised $6 million in seed funding from Aleph VC and Innovation Endeavors. Using artificial intelligence (AI) and robotics, CommonSense Robotics’ disruptive technology enables retailers of all sizes to offer one-hour delivery and make on-demand fulfillment scalable and profitable. The Israeli company is using the funds to expand the team, drive new product development and build out its operations towards its first deployments.

With Amazon making on-demand delivery an industry standard, brick-and-mortar retailers struggle to offer the service in a way that’s profitable and scalable. Tel Aviv-based CommonSense Robotics merges the convenience of online purchasing with the immediacy of in-store shopping, empowering retailers to improve speed in the fulfillment and delivery processes and offer economically sustainable on-demand delivery.