BOSTON, March 29, 2023 /PRNewswire/ — Sverica Capital Administration LP (“Sverica”), a non-public fairness funding agency, right now introduced that on March 24th it made a strategic funding in Hirebotics, an progressive, high-growth automation firm that has created a differentiated collaborative robotic answer designed particularly for welding functions.
Primarily based in Nashville, Tennessee, Hirebotics’ Cobot Welder is a revolutionary product that mixes premium welding tools and a robotic arm with easy-to-use sturdy proprietary software program to assist deal with an acute scarcity of expert welding technicians. Based in 2015 by Rob Goldiez and Matt Bush, then later joined by Zach Boyd, Hirebotics delivers a “cobot” answer that’s managed utilizing a groundbreaking software program software, Beacon, that was internally developed and is cloud-based. Along with direct gross sales, Hirebotics maintains key trade partnerships with main producers and distributors of welding tools to increase its market attain.
Hirebotics’ method to tool-in-hand functions like welding can readily be utilized to adjoining use-cases. Sverica’s strategic funding is meant to facilitate Hirebotics’ realization of its full-potential throughout the welding automation market and growth into new markets. Rob Goldiez, founder and CEO commented, “Our seek for a capital accomplice targeted on corporations that understood Hirebotics’ enterprise mannequin and development alternatives and would permit us to take full benefit of a quickly rising market want as a result of scarcity of expert labor. Sverica is a superb match for our wants and we’re enthusiastic about partnering with them to take Hirebotics to the following degree.”
Dave Finley, Managing Accomplice at Sverica stated “We’re happy to accomplice with Rob, Matt and Zach to assist them develop and execute a development technique into an thrilling and evolving space of producing. Hirebotics’ spectacular efficiency has them actually main the event of a brand new market and is a testomony to their collective enterprise acumen, company tradition and customer-focused mannequin.”
About Hirebotics
Based in 2015, Hirebotics is a cobot know-how developer headquartered in Nashville, Tennessee. Hirebotics designs and develops instruments to enhance the productiveness, usability and affordability of collaborative robotic techniques. Hirebotics entered the welding automation house in 2019 as a key collaborator within the improvement of an early cobot welding system. In 2020, Hirebotics launched Beacon, a strong robotic software program platform with assist for functions, distant monitoring, and 24/7 international assist performance.
For extra info, please go to www.hirebotics.com.
About Sverica Capital Administration
Sverica Capital Administration is a number one growth-oriented non-public fairness agency that has raised almost $2 billion throughout six funds. The agency acquires, invests in and actively builds corporations which can be, or might develop into, leaders of their industries. Since inception, Sverica has adopted a “enterprise builder” method to investing and takes an energetic supporting position in its portfolio corporations. Sverica devotes vital inside time and assets to assist its administration groups develop and execute development methods and proactively appears for levers to tug to speed up development by reinvesting again into these corporations. Sverica firmly believes in constructing companies collaboratively that may endure for the long run by beginning with a robust basis and bringing the fitting folks and playbook to drive reinvestment and in the end sturdy returns for our traders.
For extra info, please go to www.sverica.com.
Media Inquiries:
Nathalie Allen
Sverica Capital Administration
(415) 249-4906
[email protected]
SOURCE Sverica Capital Administration