Dexterity develops AI-driven robotic automation solutions designed to bring human-like dexterity to logistics operations. Founded in 2017 by Samir Menon and headquartered in Palo Alto, California, the company specializes in robots that perform complex warehouse tasks, such as palletizing, singulation, and sorting. With a team of around 306 employees, Dexterity offers robots-as-a-service (RaaS) solutions that seamlessly integrate with enterprise workflows. The company’s mission is to redefine supply chain efficiency by utilizing physical AI agents that incorporate machine learning, robotics, and advanced sensor systems.
What Is Dexterity and What Does It Do?
Founded in 2017 by Samir Menon, Dexterity is an AI robotics company headquartered in Palo Alto, California, with approximately 306 professionals on its team. It builds physical AI robots that bring human-like precision and decision-making to logistics. The company’s robots handle tasks such as loading, unloading, palletizing, depalletizing, and sorting, helping logistics enterprises increase productivity and safety. Dexterity also provides customizable workflow automation tools. It offers its technology through a subscription-based RaaS model, making advanced robotics more accessible and scalable for modern warehouses.
How Much Funding Has Dexterity Raised?
- Series A
- Amount Raised: $56.2M
- Date: July 2020
- Motivation: To scale operations and enhance product development.
- Series B
- Amount Raised: $140M
- Date: October 2021
- Lead Investors: Kleiner Perkins, Lightspeed Venture Partners
- Motivation: To expand global reach and strengthen AI capabilities.
- Venture Round
- Amount Raised: $95M
- Date: March 2025
- Lead Investors: Lightspeed Venture Partners
- Motivation: To advance AI technology and scale the robotics workforce.\
Total Funding Raised: $291 Million
Current Valuation: $1.65 Billion (as of March 2025)
Latest Funding Date: March 2025
Key Investors
- Lightspeed Venture Partners
- Details: Global VC firm backing enterprise, consumer, and health startups with innovative tech.
- Investment Focus Areas: Enterprise tech, AI, healthcare, consumer sectors.
- Notable Investments: Snapchat, Affirm, MuleSoft.
- Kleiner Perkins
- Details: Leading venture capital firm known for funding transformative tech companies.
- Investment Focus Areas: Technology, Life Sciences, and Healthcare.
- Notable Investments: Google, Amazon, Twitter.
- Sumitomo Corp.
- Details: Japanese conglomerate investing strategically across finance, industrials, and technology.
- Investment Focus Areas: Finance, insurance, industrial innovation, tech.
- Notable Investments: Multiple technology and industrial firms.
Where Is Dexterity’s Headquarters?
Dexterity’s headquarters is located in Palo Alto, California, a global hub for robotics and AI innovation. Being in the heart of Silicon Valley provides the company access to top engineering talent, research institutions, and investors like Lightspeed Venture Partners and Kleiner Perkins, fostering rapid product development and technological breakthroughs in physical AI and robotics automation.
What’s Next for Dexterity?
Dexterity is focused on scaling its AI robotics platform to meet the growing global demand for warehouse automation. The company plans to deploy more DexR robots and expand its RaaS offering to major logistics players worldwide. With strong investor backing and a valuation of $1.65 billion, Dexterity aims to redefine automation efficiency, combining machine learning and robotic precision to transform logistics and supply chain operations across industries.
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