COMPANY INFO
Dexterity, Inc. is a company founded in 2017 by Samir Menon, Robert Sun, Kevin Chavez, Ben Varkey Benjamin, Talbot Morris-Downing, Cuthbert Sun, and Adam Kell. With around 197-211 employees, Dexterity operates in the AI-powered robotics industry, providing robotic solutions for logistics, warehouses, and supply chain management through robots with human-like dexterity that improve productivity and efficiency in tasks such as fulfillment, packing, palletizing, and truck loading. Their website is www.dexterity.ai.
Dexterity, Inc. is a robotics and artificial intelligence company founded in 2017 by Samir Menon, Robert Sun, Kevin Chavez, Ben Varkey Benjamin, Talbot Morris-Downing, Cuthbert Sun, and Adam Kell. Operating out of Redwood City, California, Dexterity builds AI-powered robotic solutions for logistics, warehousing, and supply chain management, delivering robots with human-like dexterity for tasks such as fulfillment, packing, palletizing, and truck loading. With a team of approximately 205 employees, Dexterity is recognized for pushing innovation in warehouse automation and logistics efficiency.
Dexterity, Inc. funding history demonstrates a strong trajectory, raising approximately $291 million across multiple rounds. Since its inception in 2017, Dexterity, Inc. has completed five main funding rounds, with notable leaps in capital that have fueled product development, market expansion, and the advancement of proprietary robotics technology. The company’s strategy has focused on bringing in reputed venture capital partners and strategic investors to bolster its growth. Dexterity, Inc. investors have included leading venture capital firms and strategic industry players, reflecting high confidence in their robotics platform and market opportunity. The company reached unicorn status in March 2025 with a valuation of approximately $1.65 billion, positioning itself as a major player in robotics-driven logistics automation.
Dexterity, Inc. secured $95 million in a venture round led by Lightspeed Venture Partners and Sumitomo Corporation. The capital is aimed at accelerating development and deployment of DexR dual-armed robots specifically designed for container unloading and automating logistics operations, as well as supporting the company’s rapid expansion and continued product innovation.
This Series B round, led by Lightspeed Venture Partners, provided $140 million to scale Dexterity, Inc.'s robotic picking systems, drive market expansion, and deepen their product suite's technological capabilities.
Dexterity, Inc. raised $56 million in a Series A round led by Kleiner Perkins. The funds were used for product development, focusing on the full-stack robotic picking systems and laying the foundation for subsequent scaling.
The seed round secured $8.15 million led by Y Combinator, allowing Dexterity, Inc. to launch initial development and bring their early robotics solutions to market.
A global venture capital firm known for funding high-growth technology startups. Lightspeed Venture Partners has participated in multiple Dexterity, Inc. funding rounds, playing a pivotal role in supporting the company’s scaling and market expansion ambitions.
Sumitomo Corporation, a leading Japanese conglomerate, joined as a lead investor in the 2025 venture round, bringing not only capital but also strategic industry insight and partnerships to fuel Dexterity, Inc.’s international logistics automation efforts.
One of Silicon Valley’s premier venture capital firms, Kleiner Perkins led the Series A and joined in later rounds, providing crucial support during Dexterity, Inc.’s product development and initial go-to-market phases.
Obvious Ventures invests in startups addressing large-scale systemic challenges. Its involvement in Dexterity, Inc. funding rounds signaled broad confidence in the company’s mission and growth prospects.
B37 Ventures is a venture capital firm connecting novel technologies with global industry leaders. As a key Dexterity, Inc. investor, B37 has helped align the company with top industrial and logistics customers.
As the venture capital arm of Sumitomo Corporation, Presidio Ventures invests in innovative companies aligned with Sumitomo's strategic interests, fostering synergy and additional growth opportunities.
StartX is an entrepreneurship program and fund allied with Stanford University, supporting Dexterity, Inc. through its convertible debt round and by connecting it to Silicon Valley’s startup ecosystem.
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