RoboticsContext
Robotics Context

Ultra

Public facts, each with its source and the date it was true as of. Company-reported figures are labeled self-reported.

On this page

Snapshot

  • Headquarters

    Detail
    Brooklyn, New York[1]
    As of
    Oct 2026
  • Leadership

    Detail
    Jon Miller Schwartz, co-founder and CEO[1]
    As of
    Oct 2026

Leadership

  • CEO

    Person and background
    Jon Miller Schwartz, co-founder and CEO[1]
    As of
    Oct 2026

Scale and customers

  • Orders packed

    Detail
    More than half a million orders packed[1]Self-reported
    As of
    Oct 2026
  • Autonomy on Pi models

    Detail
    π0.6 packed orders at an Ultra customer site for a full shift at 96.4% autonomy (Pi-reported)[2]Self-reported
    As of
    Feb 2026

Funding

  • Rounds

    Detail
    $62M raised: a $50M Series A led by Framework Ventures with Y Combinator, and an earlier $12M seed led by Y Combinator and Next View[1]
    As of
    Oct 2026

Products and models

  • Business model

    Detail
    Leases robots to warehouses under a monthly robots-as-a-service model; clients pay an up-front integration fee for installation[1]
    As of
    Oct 2026
  • Applications

    Detail
    • E-commerce order packing: Robots slot into existing warehouse workstations; a fleet deployed across the US
    [2]Self-reported
    As of
    Feb 2026

Models used

Relationships

Model suppliers

Partners

Competitors

Recent moves

  • Oct 9, 2026

    Move
    Announced $62M raised, including a $50M Series A led by Framework Ventures, and a deeper partnership with Physical Intelligence[1]
  • Feb 24, 2026

    Move
    Featured in Pi's partner post: π0.6 packed customer orders for a full shift at 96.4% autonomy[2]

Sources

  1. Fortune: Ultra raises $62M, Pi tie-up (Oct 2026)
  2. Pi: The Physical Intelligence Layer, Ultra section (Feb 2026)
  3. youtube.com