GreyOrange vs Apptronik
Side-by-side on valuation, funding, investors, founders & more
Comparison updated: April 2026
Apptronik is valued at $5.5B — more than 3x GreyOrange's $700M.
Head-to-Head Verdict
GreyOrange
3 wins
Apptronik
2 wins
Key Numbers
🇮🇳 India · Akash Gupta
Valuation
$700M
Total Funding
$470M
500+ employees
🇺🇸 United States · Jeff Cardenas
Valuation
$5.5B
Total Funding
$935M
300 employees
Both companies compete in the AI Robotics space, though from different geographies — GreyOrange in India and Apptronik in United States. Different stages (Series D vs Series A) mean these companies face fundamentally different operational priorities.
Analyst Summary
Built from real data · Updated April 2026
Companies
GreyOrange and Apptronik are direct competitors in AI Robotics. GreyOrange is an AI-powered warehouse robotics and fulfillment orchestration company that deploys mobile robots, AI software, and integration services to automate order fulfillment in e-commerce, retail, and third-party logistics warehouses globally. Apptronik, founded in 2016, develops humanoid robots designed for industrial and commercial applications.
Funding & Valuation
Apptronik commands a $5.5B valuation — roughly 7.9x that of GreyOrange at $700M, a gap that underscores their different scales. Both have attracted significant capital — Apptronik with $935M and GreyOrange with $470M.
Growth Stage
The founding gap is narrow: GreyOrange in 2012 versus Apptronik in 2016. Growth stages differ: GreyOrange (Series D) versus Apptronik (Series A), a distinction that matters for both deal structure and competitive positioning. On headcount, GreyOrange reports 500+ employees and Apptronik reports 300.
Geography & Outlook
Based in 🇮🇳 India and 🇺🇸 United States respectively, GreyOrange and Apptronik tap into different talent markets and regulatory environments. On Awaira's 0-100 scale, the gap is minimal — GreyOrange scores 90 and Apptronik scores 88. Under Akash Gupta and Jeff Cardenas respectively, both companies continue to chart aggressive growth paths.
Funding Velocity
GreyOrange
Apptronik
Funding History
GreyOrange has completed 1 funding round, while Apptronik has gone through 1. GreyOrange's most recent round was a Series C of $140M, compared to Apptronik's Series A ($350M). GreyOrange is at Series D while Apptronik is at Series A — different points in their growth trajectory.
Team & Scale
Team sizes are in the same ballpark: GreyOrange has about 500+ people and Apptronik has around 300. GreyOrange has a 4-year head start, founded in 2012 vs Apptronik's 2016. Geographically, they're in different markets — GreyOrange operates out of India and Apptronik from United States.
Metrics Comparison
| Metric | GreyOrange | Apptronik |
|---|---|---|
💰Valuation | $700M | $5.5BWINS |
📈Total Funding | $470M | $935MWINS |
📅Founded | 2012 | 2016WINS |
🚀Stage | Series D | Series A |
👥Employees | 500+ | 300 |
🌍Country | India | United States |
🏷️Category | AI Robotics | AI Robotics |
⭐Awaira Score | 90WINS | 88 |
Key Differences
Valuation gap: Apptronik is valued 7.9x higher ($5.5B vs $700M)
Funding gap: Apptronik has raised $465M more ($935M vs $470M)
Market experience: GreyOrange has 4 years more (founded 2012 vs 2016)
Growth stage: GreyOrange is at Series D vs Apptronik at Series A
Team size: GreyOrange has 500+ employees vs Apptronik's 300
Market base: 🇮🇳 GreyOrange (India) vs 🇺🇸 Apptronik (United States)
Direct competitors: Both operate in the AI Robotics market segment
Awaira Score: GreyOrange scores 90/100 vs Apptronik's 88/100
Which Should You Choose?
Use these signals to make the right call
Choose GreyOrange if…
Top Pick- ✓Higher Awaira Score — 90/100 vs 88/100
- ✓More market experience — founded in 2012
- ✓India-based for regional compliance or proximity
- ✓GreyOrange is an AI-powered warehouse robotics and fulfillment orchestration company that deploys mobile robots, AI software, and integration services to automate order fulfillment in e-commerce, retail, and third-party logistics warehouses globally
Choose Apptronik if…
- ✓More established by valuation ($5.5B)
- ✓Stronger investor backing — raised $935M
- ✓United States-based for regional compliance or proximity
- ✓Apptronik, founded in 2016, develops humanoid robots designed for industrial and commercial applications
Funding History
GreyOrange raised $470M across 1 round. Apptronik raised $935M across 1 round.
GreyOrange
Series C
Sep 2018
Lead: Mithril Capital
Apptronik
Series A
Jan 2024
Investor Comparison
No shared investors detected between these two companies.
Unique to GreyOrange
Unique to Apptronik
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FAQ — GreyOrange vs Apptronik
Is GreyOrange bigger than Apptronik?▾
Which company raised more funding — GreyOrange or Apptronik?▾
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Bottom Line
It's close. Both GreyOrange and Apptronik are strong players, and picking a winner depends on what you're looking for. Check each profile for the full picture.
Who Should You Watch?
This one's genuinely too close to call. Both companies are competitive, and the winner will likely come down to execution over the next 12-18 months. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.