Matic comes out of stealth with $30M in funding to launch fully autonomous indoor robots

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Autonomous technology is here. Robotaxis are shuttling around thousands of people every day in San Francisco. You’d think that the so-called “smart robots” in our home would be able to navigate the terrain and handle cleaning without getting shoelaces stuck in their bristles, chewing wires, and bumping into everything.

Just as autonomous vehicles need GPS and Google Street View Maps to navigate, fully autonomous indoor robots require precise understanding of their location on high-fidelity, street view-like 3D maps of the constantly changing indoor world. Simultaneous Localization and Mapping technology (SLAM) and 3D perception enable robots to expertly navigate and build consistent maps indoors, but it’s yet to be implemented precisely and robustly. Instead, indoor robots rely on 2D, blueprint-like lined drawings—a far cry from street view fidelity.

This is why iRobot’s co-founder predicted it would take until 2030 for robots to navigate our homes, and 2035 before they’re affordable. Turns out, this prediction was incorrect, as we’ve solved 3D perception and precision SLAM for indoor spaces just using 5-RGB cameras with all data processing on the edge device. Today we’re unveiling details on Matic, the first fully autonomous home cleaning robot that proactively maps and scouts floors to quietly vacuum and mop without requiring a babysitter. In fact, Matic is also the world’s first fully autonomous indoor mobile robot.

Designed with the modern homeowner in mind, it not only looks completely different from every other product on the market, it also behaves in a new way. Matic auto-toggles between mopping and vacuuming based on visual understanding of surface types and the mess at hand. With a first-of-its-kind mopping system, it can detect a stain and continue to mop until it’s completely gone. Matic also understands gestures and voice, and prioritizes cleaning just the way the user wants – just point and say “Hey Matic, clean this” and it’s on the job.

Matic is the first AI-driven indoor robot that can expertly navigate any home to clean like a human. We mimic human perception and self-learning through cameras and Neural Networks (NNs) that power image recognition, decision making, and 3D mapping. Our robot relies on 5-RGB cameras and NNs with all the processing on the edge device. This keeps privacy at the forefront, because everything is processed directly on the device and nothing leaves the four walls of a home. While this was hard to do, it was non-negotiable.

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The founders of Stripe, Square, Nest, the former CEO of GitHub, and prominent AI experts and investors back Matic

To support the general availability of our product in early 2024, we’ve raised $29.6M in funding. This includes our most recent $24M Series A, led by Nat Freidman (GitHub), Daniel Gross (Cue, Pioneer, YC), and John and Patrick Collison (Stripe). Prior to this, we’d raised $5.6M in unannounced seed funding back in 2019 led by Nest co-founder Matt Rogers and with support from John & Patrick Collison, Adam D’Angelo, Jack Dorsey, Brian Pokorny, Adam Nash, Naval Ravikant, Avichal Garg, Joe Lonsdale (8VC), Nickhil Jakatdar, Ayo Omojola, and few others.

"Autonomous technology has transformed our roads over the course of the last decade, but its potential utility in our homes has been largely ignored," said John Collison, co-founder & CEO of Stripe. "By bringing together the best hardware engineers and ML scientists in the world, Matic is unlocking new utility for autonomous technology and breaking free from the existing mold of indoor cleaning products. Matic isn't just building a gadget, we're developing some of the most advanced 3D mapping and spatial technology on the market," said Nat Friedman, prominent AI expert, investor, and ex-CEO of GitHub credited for launching GitHub Co-Pilot.

We are fortunate to attract such incredible investors not only because of the company we’re building but also because of what we’ve done in the past. I met my co-founder, Mehul Nariyawala, at Like.com, which pioneered facial recognition in images using CV in 2005 and was acquired by Google in 2010 for its visual search capabilities. From there, we founded Flutter, which focused on hand-gesture detection via webcams. Our algorithms worked on a single core of CPUs (no GPU needed) and ran on the device – meaning no cloud, no latency, and no privacy concerns. Google verified that our algorithms were more accurate and efficient than their own, leading the company to acquire us in 2013. During our time at Google, together we shipped the first deep learning-based person and motion detection for Nest cams in 2016. We helped conceptualize, develop, and ship NestCam Outdoor, NestCam IQs, and Nest Hello Doorbell resulting in $250M+ of additional revenue.

Our Mission

We’re on a mission to solve everyday problems with robotics that save our collective time and energy from the drudgery of mundane, repetitive and boring tasks. As busy fathers and husbands who love building technology that solves real-world problems, Matic was the clear solution we knew we had to build. Given this is a ubiquitous problem that everyone deals with, our technology lends itself to the ideal solution.

We’re still at the beginning of the AI-led robotics explosion and future applications of this technology are endless. We’re excited for a future where smart robots can make our lives easier and better, and we believe Matic will be the foundational company at the center of this mission.

If you’d like to try out Matic in your own home, you can reserve it here. Join our mailing list to stay up-to-date with our progress and we'll keep you posted. If you’re inspired by what we’re building and would like to connect about anything else, we can be reached at hello@maticrobots.com.

Introductory price of Matic

$1,495 (savings of $300) and includes a free one-year Matic Membership (savings of $180) giving users access to unlimited refills on consumables (bags, brush rolls, mop rolls), free repairs/maintenance, and a warranty extension (from one to two years).

Cancelable at any time pre-shipment and 30-day return window post-shipment for full refund.