Companies · Robotics

Carbon Autonomous Robotic Systems Inc.

Seattle · Robotics · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Carbon Autonomous Robotic Systems Inc. — recommendation, valuation, rhythm, risks.
$177.0M
Total raised · real
7
Rounds
0.3×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Wed Oct 08 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Carbon Autonomous Robotic Systems Inc. looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the robotics sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.59× the median modeled value of Series C Robotics companies in 2025–2027 (6 peers) — value vs value, same stage and era.
Active
  • Last raise 9 mo ago; this sector typically re-raises about every 14 months.
  • Raising on or ahead of the sector's normal rhythm.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Robotics

Carbon Autonomous Robotic Systems Inc. is one of 327 Robotics companies tracked from Seattle. By capital raised it ranks among the largest (ahead of 98% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
18
Investors (latest)
2025-10-08
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BPre-Seed · 2018-12-21 Raised $900K (real) Modeled valuation $30M (est)Pre-Seed2018Series A · 2019-09-13 Raised $8.9M (real) Modeled valuation $192M (est)Series A2019Series B · 2021-08-27 Raised $27M (real) Modeled valuation $447M (est)Series B2021Series C · 2023-03-27 Raised $50M (real) Modeled valuation $576M (est)Series C2023Series C · 2023-03-27 Raised $43M (real) Modeled valuation $495M (est)Series C2023Series B · 2023-03-27 Raised $30M (real) Modeled valuation $294M (est)Series B2023Series C · 2024-06-17 Raised $6.0M (real) Modeled valuation $49M (est)Series C2024Series C · 2024-10-17 Raised $70M (real) Modeled valuation $524M (est)Series C2024Series C · 2025-10-08 Raised $21M (real) Modeled valuation $119M (est)Series C2025+$8.9M+$27M+$50M+$43M+$30M+$6.0M+$70M+$21MCumulative $257M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$900K · 2018
Series A$8.9M · 2019no Seed on file
Series B$27.4M · 2021
Series C$50.0M · 2023
Series C extension$43.0M · 2023
Bridge · Series C-stage$30.0M · 2023smaller follow-on
Series C extension$6.0M · 2024
Series C extension$70.0M · 2024
Series C extension$20.8M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 80%.

Modeled valuation trajectory
$119.4M
Base estimate est.
$72.6M
Conservative case
$152.3M
Upside case
$139.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the robotics sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $29.7M · 2018-12-212018Series A · modeled $192.4M · 2019-09-13Series B · modeled $447.4M · 2021-08-27Series C · modeled $576.0M · 2023-03-27Series C · modeled $495.4M · 2023-03-27Series B · modeled $293.7M · 2023-03-27Series C · modeled $49.3M · 2024-06-17Series C · modeled $524.4M · 2024-10-17Series C · modeled $119.4M · 2025-10-082025
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
70%
Survival probability
52% low · 81% high
1.32×/yr
Annual markup
1.51×/yr upside case
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
robotics
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$26.0M/yr
Capital velocity
7.5 yr
On record since
2018
First round
9
Rounds on file
How it compares to the market

Benchmarked against 327 companies in Robotics. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 28× above median
This company$177.0M
Sector median$6.3M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.5× of median
This company$20.8M
Sector median$43.0M
Modeled value — vs sector median (estimate, all stages) 3.5× above median
This company$119.4M
Sector median$34.5M

Raised more than 98% of sector peers (real $). Modeled value above 82% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #5 of 6.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Matic Robots, Inc. · Series C Raised $77.3M · modeled $467.1M (est)Robotsrise Technology Ltd · Series C Raised $50.0M · modeled $297.3M (est)Cyan Robotics, Inc. · Series C Raised $98.9M · modeled $257.4M (est)Scythe Robotics, Inc. · Series C Raised $93.1M · modeled $144.5M (est)Diligent Robotics, Inc. · Series C Raised $54.8M · modeled $71.9M (est)Carbon Autonomous Robotic Systems Inc. (this company) Raised $177.0M · modeled $119.4M (est)Carbon Autonomous Robotic Systems Inc.
CompanyStageRaised · realValue · estvs peer med.
Matic Robots, Inc.Series C$77.3M$467.1M2.32×
Robotsrise Technology LtdSeries C$50.0M$297.3M1.48×
Cyan Robotics, Inc.Series C$98.9M$257.4M1.28×
Scythe Robotics, Inc.Series C$93.1M$144.5M0.72×
Carbon Autonomous Robotic Systems Inc. this companySeries C$177.0M$119.4M0.59×
Diligent Robotics, Inc.Series C$54.8M$71.9M0.36×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$900K2018-12-21$5.0M$29.7M90%
Series A$8.9M2019-09-13$40.5M$192.4M90%
Series B$27.4M2021-08-27$152.2M$447.4M90%
Series C$50.0M2023-03-27$333.3M$576.0M90%
Series C$43.0M2023-03-27$286.7M$495.4M90%
Series B$30.0M2023-03-27$166.7M$293.7M90%
Series C$6.0M2024-06-17$40.0M$49.3M90%
Series C$70.0M2024-10-17$466.7M$524.4M90%
Series C$20.8M2025-10-08$139.0M$119.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$900K2018-12-21
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Series A$8.9M2019-09-13
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 9.9× larger than the prior — scaling up.
    • 9 investors on this round.
  3. Series B$27.4M2021-08-27
    • Raised again after 23 mo — slower than the ~14 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
    • 14 investors on this round.
  4. Series C$50.0M2023-03-27
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 17 investors on this round.
  5. Series C$43.0M2023-03-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 15 investors on this round.
  6. Series B$30.0M2023-03-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 14 investors on this round.
  7. Series C$6.0M2024-06-17
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 5.0× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  8. Series C$70.0M2024-10-17
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 11.7× larger than the prior — scaling up.
    • 14 investors on this round.
  9. Series C$20.8M2025-10-08
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 3.4× smaller than the prior — bridge or down round.
    • 18 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~10mo cadence
$20.8M
Modeled next size est.range $20.8M$33.4M
0.3×
Last step-up
$26.0M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
JOHN CONNORS16 other2019-09
Erik Benson12 other2023-03
Don Listwin4 other2025-10
Mood Rowghani2 other2024-10
Paul Mikesell2 other2018-12
Brian Ames1 other2021-08
Mike Schember2023-03
Robert Freelen2023-03
Registry & provenance

Carbon Autonomous Robotic Systems Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1763479
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Path Robotics, Inc.RoboticsSeries C$146.0M$1.9Bsame sector · same stage
Corindus Vascular Robotics, Inc.RoboticsSeries C$117.2M$10.1Msame sector · same stage
Tractable Inc.Other TechnologySeries C$143.2M$437.2Mnetwork1 shared operator · same stage
Simbe Robotics, Inc.RoboticsSeries C$102.7M$358.0Msame sector · same stage
Cyan Robotics, Inc.RoboticsSeries C$98.9M$257.4Msame sector · same stage
Scythe Robotics, Inc.RoboticsSeries C$93.1M$144.5Msame sector · same stage
Vecna Robotics, Inc.RoboticsSeries C$88.5M$1.2Bsame sector · same stage
Matic Robots, Inc.RoboticsSeries C$77.3M$467.1Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Carbon Robotics Inc.RoboticsSeed$86.0M92%
Autonomous Marine Systems, Inc.RoboticsSeries A$10.4M91%
Robotic Materials Inc.RoboticsPre-Seed$3.3M88%
Near Earth Autonomy, Inc.RoboticsSeries A$11.0M86%
Robotic Services Inc.RoboticsSeries A$96.9M85%
Visual Robotic Systems Inc.RoboticsPre-Seed$3.3M85%
Carbon Design Innovations, Inc.Other TechnologyPre-Seed$20.9M85%
Carbon, Inc.Other TechnologySeries D+$3.8B85%
Frequently asked
How much funding has Carbon Autonomous Robotic Systems Inc. raised?
Carbon Autonomous Robotic Systems Inc. has raised approximately $177.0M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Carbon Autonomous Robotic Systems Inc.'s estimated valuation?
Provath's modeled valuation for Carbon Autonomous Robotic Systems Inc. is approximately $119.4M (modeled range $72.6M–$152.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Carbon Autonomous Robotic Systems Inc. at?
Carbon Autonomous Robotic Systems Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Wed Oct 08.
What does Carbon Autonomous Robotic Systems Inc. do and where is it based?
Carbon Autonomous Robotic Systems Inc. operates in the Robotics sector, based in Seattle.
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