Headquarters: 8 Crosby Drive
Bedford, MA 01730
CEO: Colin Angle
Stock Symbol: IRBT
iRobot develops automated robots for both the home and military use.
iRobot’s home robots are revolutionizing the way people clean inside and out. More than 10 million home robots have been sold worldwide, with the award-winning iRobot Roomba floor vacuuming robot leading the charge.
iRobot’s combat-proven government and industrial robots perform multiple missions on the land and in the water. More than 5,000 combat-proven government and industrial robots have been delivered to military and civil defense forces worldwide, performing thousands of dangerous search, reconnaissance and bomb-disposal missions while protecting those in harm’s way. iRobot's line of military robots also includes the iRobot FirstLook, a small, light, throwable robot for special operations, and the iRobot Warrior, a large robot that carries heavy payloads.
The company introduced and began shipping the Roomba 800 Series in late 2013. This next-generation floor vacuuming robot incorporates new dirt extractor technology which amplifies suction for superior performance over traditional bristle brushes. The Scooba 450, the company's newest wet floor scrubbing robot, began shipping in January 2014.
The company reported 2013 revenues of $487.4 million and net income of $27.6 million. The company shipped over 1,933,000 million robots for the home and 534,000 for defense and security for the year.
"2013 was a great year for iRobot. Our Home Robot business increased 20 percent over 2012, driven by growth in both domestic and overseas markets," said Colin Angle, chairman and chief executive officer of iRobot. "All three of our businesses met our expectations and made significant progress against their strategic plans, setting us up well for 2014.
iRobot’s corporate headquarters are located in Bedford, MA. The company also has offices in California, the United Kingdom, China and Hong Kong.
The company employs over 500 of the robot industry’s top professionals, including mechanical, electrical and software engineers and related support staff.
iRobot was founded in 1990 when Massachusetts Institute of Technology roboticists Colin Angle and Helen Greiner teamed up with their professor Dr. Rodney Brooks with the vision of making practical robots a reality.
The company went public on Nasdaq Stock Exchange in 2005.
These benefits apply to full-time employees or part-time employees working 24 or more hours per week except as noted. Eligibility begins your first day of employment.
- Medical Plan
Blue Cross/Blue Shield of New England (BCBS) HMO and Point of Service (POS) Plans for New England residents;
Blue Cross/Blue Shield (BCBS) Preferred Provider Network (PPO) for Non New England residents.
- Dental Plan
Dental Blue with Blue Cross/ Blue Shield standard dental coverage includes orthodontic coverage.
- Vision Plan
Vision Service Plan (VSP) offers annual routine eye exam eye wear allowances
- Flexible Spending Accounts (FSA)
Health Care Flexible Spending Account save up to $3,000 on a pre-tax basis
Dependent Care Flexible Spending Account save up to $5,000 on a pre-tax basis
- Basic Life and AD&D Insurance
Company paid. An amount equal to 1 times your basic salary; minimum of $50,000 to a maximum of $200,000.
- Supplemental Life Insurance
Employee paid. Elect Optional life insurance coverage in $10,000 increments; subject to minimum/maximum amount
- 401(k) Plan
Robust plan offering traditional (pre-tax) and Roth (post-tax) options. Plan has discretionary annual match that for the past several years has been 50 cents on every dollar you contribute to the 401(k) plan up to the first 6% of your salary.
- Short Term Disability
Employer paid and eligibility for the first 90 days of disability
- Long Term Disability
Employer paid and eligibility after 90 days of any one period of disability; subject to a maximum amount
Accrual is per pay period and earn vacation based on the following schedule:
0 to 5 years of service: 3 weeks
> 5 years if service: 4 weeks
- Sick Time
Accrual per pay period up and earn 10 days per year
Eleven paid holidays includes nine designated holidays and two floating holidays
- Employee Assistance Program (EAP)
Free, confidential services include parenting, elder care and work life resources, legal assistance, stress management, career assessment, financial and nutrition consultation provided to all employees and their household members.
- Tuition Reimbursement not available to temporary iRobot employees
Tuition Reimbursement available for job-related courses and progress toward a degree in a relevant field
- Smoking Cessation Reimbursement - not available to temporary iRobot employees
Reimbursement for smoking cessation related costs; subject to a maximum amount
- Extra Perks
iRobot employees enjoy a variety of other benefits including:
Free on-site gym
Discounts on home and auto insurance
Credit union services
Dry cleaning service
On-site car detailing