Clockwork

AI and robots for the $625B beauty industry

https://wefunder.com/clockwork

Total raised on Wefunder: 2071830

Total investors: 1626

Quick facts

  • $2.96M year 1 average contract value (ACV) in signed contracts
  • 19,000+ customers served
  • Monthly recurring revenue grew 475% since March of this year
  • Robots deployed in NYC, Miami, DC, Beverly Hills and the Bay Area
  • 10,000 inbound partnership requests representing 40,000 locations for our robots
  • Leadership team from Dropbox, Nvidia, e.l.f., Clorox, Uber & Toyota
  • Backed by Initialized Capital, Pipeline Capital, Co-founder of Dropbox & former CMO of Sephora
  • Our AI, fueled by 1.65TB/month of data, means our robot is more skilled than the average manicurist

Team profiles

Featured investor profiles

Clockwork

AI and robots for the $625B beauty industry

Funded badge
Last Funded March 2024

$7,362,330

raised from 1,626 investors

What Investors Say

Co-founder of Dropbox
LEAD INVESTOR
Invested $300,000 this round
As the co-founder and former CTO of Dropbox, I’ve seen first hand what it takes to solve a truly hard technical problem and make it feel seamless and intuitive to consumers. This is what got me excited about Clockwork. Built on top of a complex hardware and software platform is an experience that’s both delightful and works well. I’ve also tried it :) I’ve known the CEO, Renuka Apte, since she was an engineering manager on the Dropbox infrastructure team. She is deeply technical and an A+ executor. Clockwork is unique as a company in that it sits at the intersection of hardware, AI, and beauty. There is significant latent demand for the fast & cheap experience they offer. I like how Clockwork makes self-care accessible for all, especially minorities, who tend to need the benefits the most. I think this is a recipe to becoming a massive company. I’ve also been impressed with Clockwork’s focus on business fundamentals and their methodical approach to improving unit economics. They’ve done this by negotiating larger rev-shares with partners, eliminating the need for human attendants, and significant hardware cost optimization via engineering. I’m excited to be part of Clockwork’s investment team and to help them bring this opportunity to the community.
What People Say