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Assembly OSM
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High-rise building design, delivery, and sustainability
Assembly OSM
Work Here?
High-rise building design, delivery, and sustainability
Overview
Assembly specializes in designing and delivering high-rise buildings for urban development using aerospace-level precision and scalable, sustainable methods. Its product is a customizable building delivery process that combines design, engineering, and construction to lower costs and improve efficiency, while prioritizing environmental friendliness and market-driven affordability. The company differentiates itself through exacting fabrication and planning standards, green building features, and an emphasis on diverse participation in the development process, enabling a broader range of developers and communities to access design excellence. Its goal is to make high-quality, sustainable urban high-rises more affordable and accessible by coordinating design and delivery in a way that reduces waste, speeds up construction, and invites broader participation.
About Assembly OSM
Industries
Industrial & Manufacturing
Design
Real Estate
Company Size
1-10
Company Stage
Series A
Total Funding
$38M
Headquarters
New York City, New York
Founded
2018
Your Connections
People at Assembly OSM who can refer or advise you
Simplify's Take
What believers are saying
- Completed projects like Prototype Alpha and 247 E 117th Street demonstrate execution capability and market validation.
- NYSERDA Buildings of Excellence and WELL certifications validate sustainability claims and attract institutional buyers.
- Series A funding and expanded New Jersey facility enable production scaling for urban high-rise pipeline.
What critics are saying
- Distributed supplier network mirrors Katerra's 2021 bankruptcy model, risking supply chain failures and project delays.
- No new funding since July 2022 Series A; $38M runway depletes amid facility expansion before revenue materializes.
- Founders' unproven manufacturing transition from architecture increases quality defects and developer litigation risk.
What makes Assembly OSM unique
- Post-modular approach integrates aerospace precision with distributed supplier networks for custom high-rise designs.
- Founders Bill and Chris Sharples leverage SHoP Architects expertise to deliver architecturally distinctive buildings.
- Digital twin technology controls every component from conception to installation, ensuring replicability and quality.
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Funding
Total Funding
$38M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Holidays
Commuter Benefits
Health Savings Account/Flexible Spending Account
401(k) Retirement Plan
Company News
In view of that, the Assembly had launched a "Youth in Climate Action Project," to empower young people to take up initiatives geared towards addressing climate change and its associated effects within the Metropolis.
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsModular homes have long held wallflower status in the US housing market, confined mainly to rural areas and suburbs. Nevertheless, they could help push the building electrification movement into high gear. The missing link is a business model that moves the modular approach into cities, with the potential to address the housing affordability crisis while helping to decarbonize new buildings at a fast-paced scale.Modular Construction & The Building Electrification MovementModular construction is a building method that involves fabricating components in a factory, then transferring them to a permanent building site for final assembly and finishing. It’s not a new thing and it is catching on in Europe, Asia, and other parts of the world. For some reason the US has been lagging behind, even though the modular approach can save a significant amount of time and money compared to traditional on-site construction.In terms of the building electrification movement, the lag in modular construction is also a lost opportunity for rapid decarbonization
Olshan represented Assembly OSM, an early-stage company focused on building highly efficient and sustainable urban new construction through innovative modular processes, in its approximately $3,000,000 bridge loan from New York City Energy Efficiency Corporation (NYCEEC), a leading national clean energy and energy efficiency lender.
NEW YORK--(BUSINESS WIRE)--Today, Fifth Wall, the largest venture capital firm focused on technology for the global real estate industry, announced the $500 million close of its inaugural Climate Fund. The fund aims to invest in software, hardware, renewable energy, energy storage, smart buildings, and carbon sequestration technologies to decarbonize the $10.5 trillion real estate industry. The fund is the largest private fund formed to decarbonize the real estate industry. It represents the first time that the largest owners and operators of real estate globally, as well as stakeholders in the energy sector, have come together to invest into the climate technology required to dramatically reduce the industry’s carbon footprint. Fifth Wall’s Climate Fund received LP commitments from American Homes 4 Rent, BBVA, British Land, Camden Property Trust, CBRE, Cosan, The Durst Organization, Equity Residential, Hilton, Host Hotels & Resorts, Hudson Pacific Properties, Invitation Homes, Ivanhoé Cambridge, Kimco Realty Corporation, Lineage Ventures, MGM Resorts, NZ Super Fund, Osgoode Properties, and UDR, among others. This brings Fifth Wall’s capital under management to approximately $3.2 billion
Assembly OSM has raised a $38 million Series A led by Fifth Wall.
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About Assembly OSM
Industries
Industrial & Manufacturing
Design
Real Estate
Company Size
1-10
Company Stage
Series A
Total Funding
$38M
Headquarters
New York City, New York
Founded
2018
There are no jobs for Assembly OSM right now.
Find jobs on Simplify and start your career today