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Investors led by Chicago firm Pondera Holdings put more than $31 million into the Litter-Robot maker. Its revenue was expected to reach $40 million in 2019, up from $7 million in 2015.
A dated step forward on the record
What the source says
“has taken more than $31 million in growth equity financing to fuel faster expansion and provide a payout to its founders.”
What it means
Self-cleaning litter boxes, from Whisker (Litter-Robot) and others, is at stage 5 of 5 on our ladder: regulator-cleared or mass market. Its stage is set by other milestones on its record; this one adds to the history.
Human help: Our sources report it working without human help.
More on Self-cleaning litter boxes
- Whisker launched the Litter-Robot 5 ($799), Litter-Robot 5 Pro ($899) and Litter-Robot EVO ($599). It said more than 2 million of its robots had been sold worldwide.
- Whisker said 1 million Litter-Robots had been sold since the company began.
- Whisker released the smaller Litter-Robot 4.
- Whisker released its first Wi-Fi-connected litter box, the Litter-Robot 3 Connect, which owners can check from a phone app.
- The first Litter-Robot went on sale, made by a company then called Automated Pet Care Products.