When Bart Lomont and Justin Crandall appeared on Shark Tank to pitch their company, Robin Autopilot, they had high hopes of securing a deal that would take their business to new heights. Describing their innovative gardening solution as an “Uber for lawn care,” they showcased their robotic lawn care service that offered autonomous mowing, powered by artificial intelligence.

With annual revenues of almost $5 million, Robin Autopilot aimed to disrupt traditional lawn care practices by renting out the service of their robots. However, despite their impressive net worth and the potential of their business, none of the Sharks saw the long-term investment value and declined their offer.

Key Takeaways:

  • Robin Autopilot sought a $500,000 investment on Shark Tank for a 5% share of their business.
  • The company provides an innovative robotic lawn care solution with autonomous mowing.
  • The Sharks were hesitant to invest due to concerns about scaling the business and the high valuation.
  • After the show, Robin Autopilot was acquired by MowBot and transitioned to a franchise model.
  • Under the new setup, the company rebranded as “MowBot” and achieved $7.3 million in annual revenue.

The Concept and Challenges of Robin Autopilot

Robin Autopilot is revolutionizing the lawn care industry with its innovative approach to robotic lawn care. The founders, Bart Lomont and Justin Crandall, recognized the need for a solution to the challenges they faced in their landscaping business, such as weather delays and issues with unreliable workers. This led them to explore the use of robots for lawn care, and they developed a unique concept that goes beyond traditional robotic mowing.

While robotic lawn mowers have been around for some time, Robin Autopilot stands out by offering customers additional services like edging and trimming, in addition to mowing. They have also developed a patented door system that allows their robots to navigate through fences without compromising security. This combination of services and technology sets Robin Autopilot apart from other robotic lawn care providers.

The Challenges Faced by Robin Autopilot

Despite the potential of their concept, Robin Autopilot faced challenges when pitching their business on Shark Tank. One concern raised by the Sharks was the scalability of the business. Scaling a robotic lawn care service requires significant investment in technology and infrastructure, which can be a barrier to growth. Additionally, the Sharks were skeptical of the high valuation placed on the company, which may have deterred them from making an investment.

The founders of Robin Autopilot faced the challenge of convincing the Sharks of the long-term potential and investment value of their business. While they did not secure a deal on Shark Tank, this setback did not deter them. Instead, they went on to make significant changes to their business, resulting in continued success and increased revenue.

Challenges Faced by Robin Autopilot Actions Taken
Scalability concerns Investment in technology and infrastructure
High valuation Reevaluation and strategic partnerships

Despite the initial challenges, Robin Autopilot’s unique concept and their ability to adapt and make strategic changes have led to their continued success in the robotic lawn care industry.

Post-Shark Tank Journey of Robin Autopilot

Following their appearance on Shark Tank, Robin Autopilot went through significant changes in their business strategy and partnerships, propelling them towards success in the robotic lawn care industry. The company was acquired by MowBot, an Ohio-based holdings group, although the exact acquisition amount remains undisclosed. Under the new setup, Robin Autopilot transitioned from a direct consumer model to a franchise model, offering subscription-based lawn care services to landscape companies.

To enhance the robots’ maneuverability in tight spaces, Robin Autopilot introduced a new guidance system. This innovation allowed their robotic lawn care service to excel even in challenging landscapes. The company’s commitment to continuous improvement and adapting to market demands ultimately paid off.

The Rebranding as MowBot

In August 2022, Robin Autopilot officially rebranded as “MowBot”, reflecting their renewed focus on providing autonomous lawn care solutions. This strategic rebranding helped position the company as a leader in the industry, leveraging their expertise in robotic technology and their successful transition to a franchise-based model.

💥🎁 Christmas & Year-End Deals On Amazon !

Don't miss out on the best discounts and top-rated products available right now!

🛒 Shop Now and Save Big Today!

*As an Amazon Associate, I earn from qualifying purchases.

With the changes in their business model and the partnership with MowBot, Robin Autopilot experienced significant growth in their annual revenue. As of the latest available data, the company generated an impressive $7.3 million in annual revenue. This substantial increase in earnings showcases the success and impact of their post-Shark Tank journey.

Year Annual Revenue
2020 $5.0 million
2021 $6.2 million
2022 $7.3 million

Conclusion: The Impact of Shark Tank on Robin Autopilot’s Net Worth

When I think about the impact of Shark Tank on our journey with Robin Autopilot, I can’t help but feel grateful for the opportunities and lessons learned along the way. While we didn’t secure a deal on the show, the exposure we gained was invaluable.

Being on Shark Tank allowed us to showcase our innovative robotic lawn care solution to a wide audience. It generated buzz and interest in our company, leading to new partnerships and opportunities. One of those key partnerships was with MowBot, an Ohio-based holdings group, which eventually led to our acquisition by them.

The transition to a franchise-based model under MowBot’s guidance has been transformative. Through this new approach, we have been able to expand our reach and provide our subscription-based lawn care services to even more customers. This shift in strategy, coupled with the rebranding as “MowBot,” has resulted in a significant increase in our annual revenue.

While it’s challenging to determine the exact net worth of Robin Autopilot post-Shark Tank, the impact of the show on our entrepreneurial journey cannot be understated. Despite not securing a deal, Shark Tank propelled us forward and helped us realize our full potential. We are proud of how far we’ve come and excited about the future of Robin Autopilot.

FAQ

What is Robin Autopilot?

Robin Autopilot is a company that provides a robotic lawn care service, offering innovative gardening solutions.

What did Robin Autopilot pitch on Shark Tank?

Robin Autopilot pitched their business as an “Uber for lawn care,” seeking investment to scale their robotic lawn care services.

Did Robin Autopilot secure a deal on Shark Tank?

No, Robin Autopilot did not secure a deal on Shark Tank.

How did Robin Autopilot change after Shark Tank?

Robin Autopilot was later acquired by MowBot and transitioned to a franchise-based model, increasing their annual revenue.

What is the current net worth of Robin Autopilot?

The exact net worth of Robin Autopilot post-Shark Tank is unknown, but the company has experienced growth and success.

💥🎁 Christmas & Year-End Deals On Amazon !

Don't miss out on the best discounts and top-rated products available right now!

🛒 Shop Now and Save Big Today!

*As an Amazon Associate, I earn from qualifying purchases.

What services does Robin Autopilot offer?

Robin Autopilot offers robotic lawn care services, including mowing, edging, trimming, and navigation through fences.

How does Robin Autopilot’s franchise model work?

Robin Autopilot’s franchise model provides subscription-based lawn care services to landscape companies.

What is the significance of the partnership with MowBot?

The partnership with MowBot allowed Robin Autopilot to expand their business and improve their robotic lawn care services.

Similar Post