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A social home robot.

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Robotics, Artificial Intelligence, Machine Learning,

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Reasons for Shutdown

No Unique Value Proposition

Jibo did not have a clear value proposition.

Unlike the many useful robots already at work in countries like Japan, which can effectively improve the life of elderly people, help take care of kids, or provide aid to people with various problems, Jibo didn’t have a clear value proposition.

Delayed Product Delivery

Unfulfilled orders.

Jibo started to show signs of trouble the same year it started to ship orders, when they company started cancelling international orders.

Strong Competition

Cheaper, more skilled competition.

Lack of Strategy

Did not adjust its strategy to meet the demands of the changing landscape.

Instead of pivoting in 2015 to meet the new demands of the changing landscape, which eventually became more competitive with Apple and Google joining the fray, Jibo’s Indiegogo commitments became a burden for the company.
In the end, the robot that eventually shipped for close to $1,000, and was merchandised next to a series of more functional machines priced under $100.

Direct Competitors and Similar Companies

Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%

No.	Image	Name	Similarity score	Description	Industry	Categories	Location	Ownership status	Entity type	Stage of development	Transactional model type	Defensibility moats	Last financing round	Total raised	Post-money valuation	Last financing date	No. of funding round(s)	No. of investors	Investors	Total revenue	Market capitalization	No. of investments	No. of acquisitions	No. of board seats taken	Competition	Management	No. of employees	Company reputation	Contact info	Operational status	Operational duration	Shutdown date	Founded date	Legal name	Former legal name(s)	Ticker
1.		Schaft	8.8%	A robotics company that designed giant bipedal bots to act as first responders in emergencies.	Machinery	Hardware, Robotics, Software, Technology	Japan	-	-	-	-	-	M&A	-	-	-	-	-	-	-	-	-	-	-	-	-	1-10	-	-	Inactive	-	-	2012	-	-	-

Investors

No.	Name	Investor type	Description	Location	Preferred investment stage(s)	Stages invested in	Assets under management (AUM)	Investment range	Investment sweet spot	Preferred investment focus	Preferred investment geography	No. of investments	No. of lead investments	No. of follow-on investments	No. of co-investments	Portfolio companies	No. of exits	Total exit value	No. of failed investments	Loss on investments	No. of acquisitions	No. of board seats taken	No. of funds	Limited partners	Co-investors	No. of partners	Partners	No. of employees	Management	Board members	Founders	Investor reputation	Contact info	Entity type	Legal name	Former legal name(s)	Founded date	Ticker
1.	CRV	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
2.	Fairhaven Capital Partners	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
3.	OUP (Osage University Partners)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Leadership

No.	Name	Previous designation	Previous company	Previous biography	Previous profile type	Previous location	Experience	Education	Reputation	Current company	Current designation	Current biography	Current profile type	Current location	No. of investments	No. of exits	Total exit value	No. of board seats taken	Contact info
1.	Jerilyn Asher	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
2.	Matthew Witheiler	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
3.	Stuart Ellman	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
4.	Steven Chambers	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
5.	Cynthia Breazeal	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
6.	Les Strauss	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
7.	Bruce Sachs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Funding

No.	Financing date	Financing round	Total amount raised	Post-money valuation	Financial viability	Fundraising target amount	Remaining target amount	Financing type	No. of investors	Board seats	Lead investors	Entity type	Financing status
1.	10 Nov 2016	Series B	USD 13.10M	-	-	USD 28.10M	USD 15M	Equity,	3	8	-	-	Completed
2.	8 Dec 2015	Series A	USD 16M	-	-	USD 16M	USD 4	Equity,	13	8	-	-	Completed
3.	6 Aug 2015	Series A	USD 11M	-	-			-	6	-	-	-	Completed
4.	20 Jul 2015	Private Equity Round	USD 37.43M	-	-	USD 43.43M	USD 6M	Equity, Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security,	28	7	-	-	Completed
5.	21 Jan 2015	Series A	USD 25.3M	-	-			-	4	-	-	-	Completed
6.	17 Oct 2014	Product Crowdfunding	USD 2.3M	-	-			-	-	-	-	-	Completed
7.	5 Jun 2014	Seed Round	USD 5M	-	-			-	3	-	-	-	Completed