Romo, a quirky smartphone robot with big ambitions
Here's a novel way to pitch potential investors: "Do you realize how young we are? Do you realize that we're going to f**k up big time?!"
And yet, that's exactly how Keller Rinaudo, the 24-year-old co-founder and CEO of, began his meetings with investors last fall. The upshot: Success way beyond what he had ever imagined.
Rinaudo recently closed a $ 1.5 million first round of funding, three times what the company set out to raise when it began looking for backers. Among the investors are Zappos founder , the Stanford University endowment, , David Cohen of , and a number of prominent angel investors. Some investors were turned away.
Romotive CEO Keller Rinaudo
That's a lot of excitement for a smartphone toy robot. But, hey, this is a toy with big ambitions, and Rinaudo and his crew--though admittedly unsure about where this all might lead--are convinced they're onto something.
"We think that as people let their imaginations loose with Romo, they will discover unbelievably cool applications for him," said Rinaudo, a 2009 Harvard graduate whose resume includes stints as a consulta...
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