Electric Sheep Robotics has announced the formal general availability of its Dexter robot. Dexter takes existing commercial lawn mowers, both gas and electric, and turns them into autonomous vehicles. Dexter is designed to address critical labor shortages in the landscaping, facilities, and property management industries.
The company also today announced Series A financing in the amount of $21.5 million, led by Tiger Global. To date, the company has raised $25.7 million and is currently the best-capitalized autonomous mowing start-up with the largest number of commercial customer deployments.
“Automation of the $115 billion outdoor maintenance market is an enormous opportunity hiding in plain sight. Electric Sheep is leading the way with fully autonomous solutions. We are excited to invest and help them grow their leadership position," said Griffin Schroeder, partner, Tiger Global.
Other investors include Foundation Capital, who led the $4 million Seed round, grep -vc, Signia Venture Partners, as well as individual pre-Seed investors Ariel Cohen (TripActions), Travis Deyle (Cobalt Robotics), Sahil Lavingia (Gumroad), and Reinforced Ventures.
Electric Sheep will use the funds to fuel expansion across all departments in order to meet growing customer demand. The company currently has contracts with 30 customers across the U.S. and interest is high.