Sverica invests in robot tech developer Hirebotics

• In 2020, Hirebotics launched Beacon, a robot software platform
• Sverica Capital Management has raised nearly $2 billion across six funds
• Sverica targets the healthcare, industrial and technology sectors

Sverica Capital Management has made an investment in Nashville-based Hirebotics, a provider of robot solutions for welding applications. No financial terms were disclosed.

Hirebotics was founded in 2015 by Rob Goldiez and Matt Bush.

On the investment, Dave Finley, managing partner at Sverica said in a statement, “We are pleased to partner with Rob, Matt and Zach to help them develop and execute a growth strategy into an exciting and evolving area of manufacturing. Hirebotics’ impressive performance has them literally leading the development of a new market and is a testament to their collective business acumen, corporate culture and customer-focused model.”

Hirebotics entered the welding automation space in 2019 as a key collaborator in the development of an early cobot welding system. In 2020, Hirebotics launched Beacon, a robot software platform with support for applications, remote monitoring, and 24/7 global support functionality.

Sverica Capital Management has raised nearly $2 billion across six funds. The Boston and San Francisco-based private equity firm invests in the lower middle market. Sverica targets the healthcare, industrial and technology sectors.