Dexterity

Dexterity

AI-powered robotic solutions for logistics

About

Dexterity develops AI-powered robotic technology aimed at improving logistics and supply chain management, particularly in trailer loading. Their robots autonomously pick and induct parcels into sorting systems at speeds faster than humans. A key feature of their technology is its ability to understand the environment in real-time without needing external data feeds or software integration, making it adaptable for various operations. Dexterity serves a range of clients, from small businesses to large corporations like FedEx, focusing on enhancing operational efficiency, employee safety, and attracting talent through automation. They generate revenue by selling their robotic solutions and providing consultation services for technology integration, with the goal of transforming the logistics industry into a safer and more efficient environment.

Company Stage

Series B

Employees

201-500

Industries

Robotics & Automation, Industrial & Manufacturing, AI & Machine Learning

Total Funding

$190.8M

Headquarters

Redwood City, California

Founded

2017


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Simplify's Take

What believers are saying

  • Dexterity's AI robots are easy to implement in existing warehouse systems.
  • Their collaboration with FedEx showcases potential for market expansion.
  • The Robotic Print and Apply Palletizer addresses manual labeling bottlenecks.

What critics are saying

  • Increased competition from companies using Generative AI for robotic learning.
  • SiLC Technologies' lidar solution may threaten Dexterity's real-time tech.
  • Dependency risk if GXO develops its own in-house robotics solutions.

What makes Dexterity unique

  • Dexterity's robots operate without needing data feeds or software integration.
  • Their technology enhances operational efficiency and employee safety in logistics.
  • Dexterity partners with major corporations like FedEx to expand market reach.

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Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-4%

2 year growth

-1%

Benefits

Flexible vacation time

Comprehensive healthcare benefits

Retirement plan

Wellbeing & fitness offerings

Insurance programs

Discounts & perks

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