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- Dexterity
Dexterity Valuation, Funding & Investors
Dexterity is valued at $1.4B as of June 2026.
Last Dexterity valuation
$1.4B
Undisclosed stage · Jun 2026
Last Dexterity funding round
$5M
Undisclosed stage · Jun 2026
Cumulative funding Dexterity raised
$296M
across 4 funding rounds
Key investors in Dexterity
Lightspeed Venture Partners
Kleiner Perkins
Obvious Ventures
Presidio Ventures
B37 Ventures
Liquid 2 Ventures
About Dexterity
Dexterity is a Redwood City-headquartered robotics company offering autonomous systems for warehouse and logistics operations under a robots-as-a-service model. Its DexR bipedal robot performs truck unloading, palletizing, and sorting using dual arms, 3D vision, and force feedback sensors. Dexterity serves e-commerce giants like Macy's and XPO Logistics, deploying fleets across California fulfillment centers. Founded in 2017, the firm raised Series B funding to expand into grocery and parcel handling.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based
Valuation
$1.4B (Jun 2026)
Dexterity Valuation
Dexterity is currently valued at $1.4B, based on its undisclosed-stage round in June 2026.
Dexterity's valuation has moved from $1.4B at its Series B in October 2021 to $1.4B in June 2026, across 3 priced rounds.
Dexterity valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2026 | Undisclosed stage | $1.4B |
| Mar 2025 | Undisclosed stage | $1.6B |
| Oct 2021 | Series B | $1.4B |
Dexterity Funding History
Dexterity has raised a total of $296M across 4 funding rounds.
Dexterity's first fundraising round was a $56M Series A in July 2020. The most recent completed round was a $5M undisclosed-stage round in June 2026.
Dexterity funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Undisclosed stage | - | $5M | $1.4B | Dexterity raised USD 140 million in a Series B equity and debt financing led by existing investors Lightspeed Venture Partners and Kleiner Perkins, with participation from Obvious Ventures, B37 Ventures, and Presidio Ventures. The round valued the company at USD 1.4 billion. Dexterity said the new capital would support growth as its first 1,000 robots were being deployed into production. The funding was positioned to accelerate scaling of Dexterity’s full-stack robotic picking systems and broader commercial deployment. The company had raised more than USD 200 million since founding in 2017, including a USD 56.2 million Series A after emerging from stealth in 2020. Dexterity is a Redwood City, California-based robotics company focused on AI-enabled industrial automation, particularly robotic picking systems for production environments. No revenue or EBITDA figures were disclosed. |
| Mar 2025 | Undisclosed stage | Lightspeed Venture Partners; Sumitomo | $95M | $1.6B | Dexterity is an AI-driven robotics startup founded in 2017 by Samir Menon in Redwood City, California, specializing in warehouse automation with intelligent, adaptable robots. Its Robots-as-a-Service model allows companies to deploy AI-powered systems for fulfillment, sorting, packing, and handling tasks like fragile items and irregular products without heavy capital outlay. The robots leverage machine learning to adapt to dynamic environments, targeting parcel logistics, retail, and e-commerce sectors to address labor shortages and optimize supply chains for clients including FedEx and UPS. In March 2025, Dexterity raised $95 million from Lightspeed Venture Partners and Sumitomo Corp., achieving a post-money valuation of $1.65 billion, up from $1.4 billion in its 2021 round. This brings total funding to nearly $300 million. The investment supports technology enhancements, such as the Mech robot with dual arms, 16-foot span, 130-pound capacity, and robustness for harsh conditions (32-122°F, 90% humidity, up to 5,000 feet altitude), promising a 10-year mean time between failures with field-swappable parts. The round reflects surging investor interest in AI robotics amid competition from Figure AI, Apptronik, and explorations by Meta and Apple into humanoid robots. Dexterity's specialized AI models for tasks position it to expand in industrial automation, enabling high-efficiency operations with minimal human intervention in demanding logistics environments. |
| Oct 2021 | Series B | Kleiner Perkins (lead); Lightspeed Venture Partners (lead); Obvious Ventures; B37 Ventures; Ballistic Ventures; Presidio Ventures | $140M | $1.4B | Dexterity, a Redwood City-based robotics company founded in 2017, develops intelligent robotic systems for logistics, warehouses, and supply chain operations. Its full-stack solutions include software-as-a-service products that equip commodity robots with vision, touch, and contextual intelligence to handle unstructured piles of goods, such as deformable polybags, delicate food items, and poorly sealed boxes, at human-like dexterity and speed. The systems automate challenging tasks like parcel singulation, sortation, palletizing, and fulfillment without requiring modifications to existing warehouse infrastructure, addressing labor shortages by allowing employees to focus on higher-level work. On October 13, 2021, Dexterity announced a $140 million Series B round co-led by Lightspeed Venture Partners and Kleiner Perkins, with participation from Obvious Ventures, B37 Ventures, and Presidio Ventures. The round, comprising equity and debt financing, brought the company's total capitalization over $200 million and established a post-money valuation of $1.4 billion. The new capital was earmarked to support deployment of the company's first 1,000 robots into production for new and existing customers, accelerating growth, scaling robotic picking systems, expanding market presence, and enhancing technological capabilities. At the time, Dexterity's installed robot fleet had already moved over 14 million items across customer sites in the prior two years and handled more than 50,000 SKUs in real-world production environments with 24/7 support and performance guarantees. Dexterity's investors reflect strong backing from prominent venture firms focused on high-growth tech. This Series B followed earlier rounds, including a $56 million Series A led by Kleiner Perkins and a seed round of $8.15 million led by Y Combinator. The company continued raising capital post-2021, with later rounds like a $120 million Series C at $800 million valuation and achieving unicorn status at approximately $1.65 billion in March 2025, though these are distinct from the specified 2021 round. |
| Jul 2020 | Series A | Kleiner Perkins; Liquid 2 Ventures; Obvious Ventures; B37 Ventures; Blackhorn Ventures; Pacific West Bank; Lightspeed Venture Partners; StartX (Stanford-StartX Fund); Presidio Ventures | $56M | - | Dexterity is an AI-powered robotics company founded in 2017 and headquartered in Redwood City, California, developing full-stack industrial robots with human-like dexterity for warehouse automation, logistics, and supply chain tasks such as container unloading and picking. The company raised $56.2 million in its Series A round in July 2020, led by Kleiner Perkins with participation from B37 Ventures, Blackhorn Ventures, Lightspeed Venture Partners, Liquid 2 Ventures, Obvious Ventures, Pacific West Bank, Presidio Ventures, and StartX (Stanford-StartX Fund), to scale operations, enhance product development, and advance its robotic picking systems. This Series A followed a seed round of $8.15 million led by Y Combinator. Subsequent rounds included a $140 million Series B in October 2021 led by Kleiner Perkins and Lightspeed Venture Partners at a $1.4 billion valuation, used to expand globally and strengthen AI capabilities. Dexterity reached unicorn status with a $95 million Series C venture round in March 2025 led by Lightspeed Venture Partners and Sumitomo Corp., achieving a $1.65 billion post-money valuation and bringing total funding to approximately $291-307 million across six rounds. Dexterity's investors reflect strong backing from top VCs focused on AI, robotics, and enterprise tech, including repeated investments from Lightspeed and Kleiner Perkins. The company has deployed robots like DexR with partners such as FedEx, Sagawa Express, and GXO Logistics, earning recognition like the 2024 RBR50 Robotics Innovation Award. |
Who has invested in Dexterity?
11 investors have backed Dexterity across its funding rounds, including Lightspeed Venture Partners, Kleiner Perkins, Obvious Ventures, Presidio Ventures, B37 Ventures and Liquid 2 Ventures.
Lead investors include Kleiner Perkins and Lightspeed Venture Partners.
Dexterity Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Jul 2020 | ||
| 2 | Lead | Jul 2020 | ||
| 2 | Participant | Jul 2020 | ||
| 2 | Participant | Jul 2020 | ||
| 2 | Participant | Jul 2020 | ||
| 1 | Participant | Jul 2020 | ||
| 1 | Participant | Jul 2020 | ||
| 1 | Participant | Jul 2020 | ||
| 1 | Participant | Oct 2021 | ||
This data is available for Pro users. Sign up to see all 11 Dexterity investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialDexterity Competitors
Dexterity competitors include listed companies like Cidi and Extreme Vision, and private ones like Nimble Robotics, Orby, AI² Robotics and Cowarobot.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $2.5B | - | ||
| Private | $15M | - | $3B | - | ||
| Private | $140M | - | $3B | 21.4x | ||
| Publicly listed | $132M | ($155M) | $1.3B | 5.0x | ||
| Publicly listed | $44M | ($6M) | $1B | 11.6x |
Dexterity Public Comps
Dexterity is still privately-owned, but its public comps include Shanghai Foreign Services, Irish Continental Group, Fukuyama Transporting, KLN Logistics Group, SBS Holdings, Eacon Group, Freightways Group, Shadowfax, Cidi and Blue Dart Express.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3.6B | $149M | 0.1x | 0.1x | 1.9x | 2.0x | |||
| $768M | $173M | 2.1x | 2.1x | 9.3x | 9.3x | |||
| $2B | $276M | 1.0x | 0.9x | 7.1x | 9.1x | |||
| $7.2B | $561M | 0.3x | - | 4.2x | - | |||
| $3.2B | $226M | 0.6x | 0.5x | 8.5x | 7.2x | |||
| $214M | ($33M) | 6.6x | - | (42.5x) | - | |||
| $841M | $160M | 2.0x | 1.9x | 10.3x | 9.9x | |||
| $438M | $24M | 3.3x | 2.8x | 60.0x | 49.2x | |||
This data is available for Pro users. Sign up to see all Dexterity competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Dexterity
| When was Dexterity founded? | Dexterity was founded in 2017. |
| Where is Dexterity headquartered? | Dexterity is headquartered in San Francisco, CA, United States. |
| Is Dexterity publicly listed? | No, Dexterity is a private, VC-backed company. |
| What is Dexterity's valuation? | Dexterity was last valued at $1.4B in its undisclosed-stage round in June 2026. |
| How much funding has Dexterity raised? | Dexterity has raised $296M across 4 funding rounds. |
| What was Dexterity's last funding round? | Dexterity's last funding round was a $5M undisclosed-stage round in June 2026. |
| Who are Dexterity's investors? | Dexterity's investors include Lightspeed Venture Partners, Kleiner Perkins, Obvious Ventures, B37 Ventures, Presidio Ventures, Liquid 2 Ventures, Blackhorn Ventures, Pacific West Bank, Ballistic Ventures, StartX (Stanford-StartX Fund) and 1 other. |
| Which companies are comparable to Dexterity? | Companies comparable to Dexterity include Nimble Robotics, Orby, AI² Robotics, Cowarobot, Cidi and Extreme Vision. |
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