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SSymbotic Inc.

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Symbotic Inc.

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Company history

The company was founded in 2007 as CasePick Systems. In January 2012, the company was renamed Symbotic.

In 2014, Target adopted Symbotic's technology rather than building a new distribution center in Woodland, California.

In 2017, Symbotic began working with Walmart at their distribution center in Brooksville, Florida, where the company's automated technology was deployed to sort, store, retrieve and pack freight onto pallets. In the same year, the company also began working with Albertsons.

In July 2021, Walmart began introducing Symbotic robots to 25 additional regional distribution centers.

In December 2021, the company announced it was going public through a merger with SVF Investment Corp. 3, a special-purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers.

Source: Wikipedia
  • Overview
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  • Metrics
  • Quarterly earnings
  • Similar companies
  • History
  • Insider Transactions
$45.07Close ยท Sep 22, 2026