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Lucid Bots

Robots that work. Literally.

Lucid Bots builds intelligent drones and robots that make exterior cleaning safer, faster, and more efficient. Their flagship Sherpa drone replaces dangerous manual pressure washing with fully autonomous aerial cleaning. With 500+ units deployed, and a growing line of purpose-built bots, Lucid is transforming how work gets done in the dull, dirty, and dangerous cleaning industry.

Sourcing Story

We initially began tracking Lucid Bots in 2021 and re-engaged when former IFP portfolio
executive Chris Halligan tipped us off about a new funding round. Having followed their
progress, we were impressed by how far the company had come from both a product and
commercial standpoint. Founder and CEO Andrew Ashur stood out for his grit and execution,
bootstrapping early prototypes above his garage before earning Y Combinator backing.

Conviction Points

Lucid Bots is tackling an overlooked market with the precision and speed of a true builder. The company’s full-stack robotics platform, in-house manufacturing, and rapid product iteration create a durable advantage in a $10B+ industry desperate for automation. With clear product-market fit, strong growth, and a founder who executes relentlessly, Lucid Bots is redefining what intelligent automation looks like.

Founded

Headquarters

Charlotte, NC

Investment Date

Website

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Physical Address

101 Glen Lennox Drive, Suite 300
Chapel Hill, North Carolina 27517

Info@IdeaFundPartners.com

Mailing Address

510 Meadowmont Village Circle, #297
Chapel Hill, North Carolina 27517

Copyright 2024 Idea Fund Partners. All Rights Reserved.

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