TakeOff Stock
Grocery Fulfillment Solutions
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About TakeOff Stock
Takeoff provides an automated grocery fulfillment solution. Takeoff operates Microfulfillment Centers that use automated robots in compact spaces to pack online grocery orders at high speeds. Takeoff uses robotics technology from Knapp to power its MFCs. Takeoff has partnered with grocery stores such as Albertson's to automate grocery e-commerce operations.
Takeoff was founded in 2016 and is headquartered in Waltham, MA. Notable investors in Takeoff include Forrestal Capital, IGNIA, and L Catterton.
Investors
Funding History
| November 2016 | $250K |
|---|---|
| November 2016 | $10.1M |
| January 2018 | $17.0M |
| September 2018 | $36.6M |
| September 2019 | $25.1M |
| December 2021 | $146M |
Management
Chief Executive Officer
Max Pedró
Chief Financial Officer
Mitchell Freeman
Press
prweb - Oct, 12 2023
Takeoff Technologies Partners with Hy-Vee to Bring Efficiencies to Online Shoppingnewswire - Oct, 5 2023
Nuveen Invests Alongside Lime Rock New Energy and Management to Acquire Power TakeOfffinextra - Feb, 17 2023
TakeOff to plant trees for card subscriptionsThe Spoon - Mar, 31 2021
Takeoff Technologies to Have 40 Automated Fulfillment Centers Operating This YearWSJ - Nov, 16 2020
Shopping Malls Hope to Find New Life Fueling E-CommerceThe Denver Channel - Sep, 23 2020
Automated grocery technology getting boost in pandemicThe Spoon - Sep, 3 2020
Albertsons Expanding Use of Micro-Fulfillment with TakeoffPR Newswire - Jul, 8 2020
Takeoff Technologies Awarded as Technology Pioneer by World Economic ForumThe Spoon - Apr, 27 2020
Online Grocery Demand Up 80-100 Percent At Takeoff’s Robot Fulfillment Centersfulfillmentbridge - Jan, 6 2020
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