Relay Robotics raises $10M in Series A; hires new CEO
Relay Robotics, a company formed by the acquisition of Savioke, completed a $10 million Series A funding round led by MK Capital and brought on Michael O’Donnell as its new chief executive and chairman.
The company offers the Relay and Relay+ autonomous service robots that have applications in healthcare, hospitality, and real estate environments. Its Relay delivery robots are used in hotel chains like Marriott, Hilton, Westin, Mandarin Oriental, Holiday Inn, and Radisson, hospitals such as Georgetown and Dartmouth, and commercial real estate properties, according to a press release.
Relay Robotics also tapped O’Donnell as its CEO and chairman, while Savioke co-Founder Steve Cousins will become chief technology officer of Relay Robotics and lead the company’s product strategy and innovation efforts.
Relay’s service robot in a hotel setting
Source: Relay Robotics
O’Donnell is a 25-year veteran of the consumer technology industry with a history as CEO of HealthiNation and previous stints as CEO of four venture capital-backed technology companies, such as Playcast, Skytide, Five Across, and Salon Media Group.
“I’m excited to join Steve and the incredibly talented team at Relay Robotics to address this huge market opportunity for autonomous robots that help businesses serve their customers, patients, and employees,” comments O’Donnell. “The market is quickly embracing these AI & autonomous technologies to address the worldwide labor shortage and meet their clients’ needs. Relay Robotics has the intellectual property, a product line of working robots making deliveries across hospitality, healthcare and offices, and a pipeline of marquee customers.”
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Article Topics
automation | healthcare | hospitality | MK Capital | Relay Robotics | service robots | venture capital
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