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Dexterity
Robotics for logistics, warehouses, and supply chain
- 201-500 employees
- B2B
- Artificial Intelligence
- Enterprise
- Logistics
- Manufacturing
- Robotics
- Supply Chain
- SaaS
- Redwood City, CA
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Company mission
Dexterity's mission is to help people thrive and grow by freeing them to do work that humans do best, by transforming the world to make work more purposeful.
1% employee growth in 12 months
Our take
Dexterity emerged from stealth at an opportune, albeit tough, time in 2020, just as an accelerating labour crunch drove major demand for automated solutions in factories and warehouses. The company managed a major fundraise and immediately moved on to bigger and better things: expanding into the Japanese market, partnering with supply chain automation leader Dematic and achieving unicorn status with a greater than $1 billion valuation.
Unlike other companies which are fixated on developing increasingly sophisticated, more human-like robots, Dexterity’s takes a comparatively simple hardware approach. Its machines take care of highly repetitive tasks, while its SaaS platform shares everything it learns with each robot, amplifying intelligence across the fleet. Rather than seeking to replace human workforces it aims to augment them, freeing skilled workers for more complex tasks.
Considering that the worldwide labour shortage is heavily impacting the industrial sector, Dexterity is in a promising position to continue its upward trajectory over the next few years.. Indeed its recent partnerships with Sumitomo to supply 1,500 Dexterity robots in their warehouses and with FedEx for autonomous trailer loading are encouraging signs of things to come for the company.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Meals and snacks at our sites
- Flexible and generous vacation and holidays
- Insurance programs
- Comprehensive healthcare benefits for you and your family
- Retirement plan (subject to country of employment)
- Wellbeing and fitness offerings
- Discounts and perks
Funding (2 rounds)
Oct 2021
$140m
SERIES B
Jul 2020
$56.2m
SERIES A
Total funding: $196.2m
This company has top investors
Leadership
Samir Menon
(CEO)Former Software Design Engineer at Microsoft India R&D, former Research Assistant at Simon Fraser University. Before founding Dexterity they spent 10 years at Stanford University, gaining a Doctor of Philosophy (Ph.D.) & Master of Science (M.S.), Computer Science.
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