Electric
Sheep has made two new acquisitions of landscaping businesses — Westar
Landscaping and Caliscapes.
This makes four landscaping
businesses that Electric Sheep has acquired in recent months.
Electric Sheep is an outdoor
maintenance company powered by artificial intelligence and robotics. It
acquires traditional outdoor service providers and progressively transforms
operations by deploying its proprietary AI software and robots.
Electric Sheep has grown
revenues 8x since implementing this model and has a growing pipeline of
interested businesses that can enable the company 10x growth in 2024.
“The ESR
business model of acquiring landscaping businesses and improving their margins
by augmenting workers with automation is radically innovative, and a
sustainable, rapidly scalable way to build moonshot robotics,” says Pieter
Abbeel, professor in AI and robotics at UC Berkeley, co-founder and chief
scientist at Covariant, and long-time scientific advisor to Electric Sheep. “As
this model scales, ESR is poised to build an RL factory to train AI agents for
sustainable outdoor work. I’m excited to support their mission.”
Electric
Sheep’s ML models are designed to automate various physical tasks like mowing
and sweeping and knowledge work like inventory management, customer success,
and marketing.
The robots explore, map,
navigate and manipulate the physical world around them including HOAs, parks,
university campuses and more. Electric Sheep’s robots don’t require an engineer
on site – they can just be shipped to the site and begin tasks alongside the
crew.
This is only possible through
Electric Sheep’s full stack data channel and the large volume of data that the
robots are continually trained on.
“Electric Sheep is at a
critical point in its growth; acquiring Westar and Caliscapes builds on our
successful business model of injecting advanced AI and robotics into
traditional landscaping companies and significantly increasing their value,”
says Nag Murty, CEO and co-founder of Electric Sheep. “We’re bringing a new
business model to an industry that is ripe for innovation; by acquiring these
businesses first and incorporating this full data and AI deployment engine, we
are creating a fully scalable and sustainable business that is really a first
in the outdoor services market.”
“We
continue to acquire companies in major metro areas that have a strong customer
base, well-maintained equipment and exceptional facilities,” says Jarrett
Herold, COO and co-founder of Electric Sheep. “In California in particular,
electrification is a major priority, and starting in 2024, the sale of new
gas-powered blowers, mowers, weed trimmers and chainsaws will be banned in the
state. With both Westar and Caliscapes based in California, we are building out
our footprint to bring electrification to landscaping for regions that are
demanding it. We will also be focusing on implementing robotics for tasks like
fire abatement which is becoming a more urgent issue for counties in
California.”