Tutor Intelligence raises a $75m Series B led by Andreessen Horowitz for warehouse robots it charges for by the hour
The Massachusetts start-up has now raised $117m and says it expects more than 1,000 robots under contract by the end of 2027.
Tutor Intelligence, a robotics start-up in Watertown, Massachusetts, said on 2 November that it has raised a $75m Series B round led by Andreessen Horowitz. The company's release says this brings its total capital raised to $117m. Union Square Ventures and Neo, which led its earlier rounds, also took part. It did not disclose a valuation or its revenue, The Next Web reported.
The company makes two robots: Sonny, a two-armed picking robot, and Cassie, a mobile robot for case picking and palletising, The Robot Report says. Customers do not buy them. Tutor charges for their work by the hour or by the pick, with no upfront purchase, The Next Web reported. Remote human operators, whom the company calls tutors, step in when a robot is unsure, and their corrections are used to train the robot foundation model that runs both machines.
The money goes to training that model and to building and deploying more robots. The company says its robots now work in almost four times as many facilities as a year ago, and that it expects more than 1,000 robots under contract by the end of 2027.
Josh Gruenstein, its co-founder and chief executive, said in the release: “And the demand is there. We can hardly build robots fast enough.”
- Confirmed Tutor Intelligence raised a $75m Series B led by Andreessen Horowitz, bringing its total capital raised to $117m. Tutor Intelligence release (Business Wire, via Yahoo Finance)
- Claimed Its robots work in almost four times as many facilities as a year ago, and it expects more than 1,000 robots under contract by the end of 2027. Tutor Intelligence release
- Reported Tutor charges by the hour or by the pick and disclosed no valuation or revenue, The Next Web reported. The Next Web
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