Daxbot

Friendly Robots that Deliver Food

Company Information

Website:

https://daxbot.com/

Sector:

Foodservice

Location:

Philomath, OR

Do you ever get excited when you interact with a dog?

If so, Daxbot wants you to have that same reaction when you meet its delivery robots.

Essentially, it’s created a fleet of robots designed to deliver food and maintain “charming interactions” with customers.

Equipped with patented Artificial Intelligence, its robots can travel up to three miles round-trip while opening doors, crossing streets, and navigating in pitch-black conditions.

This is a big market. Food-delivery is projected to reach $200 billion by 2026.

In 2017, Daxbot received approval to deploy its robots in Philomath, Oregon. It created its first prototype in 2018 and began delivering for local restaurants in 2020. It’s currently raising capital to deploy its robots in California, Georgia, and Washington D.C.

Team Background

Tricia Welch - Chief Financial Officer
Jason Richards - Chief Executive Officer
Joseph Sullivan - Founder & Director
Raising
$1.07 million
Committed
$305K (28%)
Current Valuation
$37.30 million
Min. Investment
$170
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $1 million
    2019-12-31
    Unknown
    (Promissory Note)
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