Built Robotics

Built Robotics

Develops autonomous robots for construction tasks

About Built Robotics

Simplify's Rating
Why Built Robotics is rated
B+
Rated C on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Robotics & Automation

Industrial & Manufacturing

Energy

Company Size

11-50

Company Stage

Series C

Total Funding

$108.9M

Headquarters

San Francisco, California

Founded

2016

Overview

Built Robotics operates in the construction industry, focusing on the solar sector. The company has created an autonomous piling system, which is a robot capable of performing tasks like trenching to depths over 60 inches. This system enhances construction efficiency and safety by reducing the need for human labor in hazardous environments. The robot adapts its performance based on soil types, allowing it to work effectively in various construction conditions. Built Robotics primarily serves construction companies and contractors in the solar industry, offering their robots for sale or lease. They also provide services such as maintenance and training. The goal of Built Robotics is to improve construction processes by making them faster and safer.

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Simplify's Take

What believers are saying

  • Increased demand for solar energy boosts need for Built Robotics' piling robots.
  • AI integration enhances precision and efficiency in Built Robotics' autonomous systems.
  • Modular construction trends expand market opportunities for Built Robotics' solutions.

What critics are saying

  • Competition from new robotics companies threatens Built Robotics' market share.
  • Regulatory changes could impact deployment of Built Robotics' autonomous systems.
  • Supply chain disruptions may delay production of Built Robotics' robots.

What makes Built Robotics unique

  • Built Robotics developed the world's first autonomous piling system for solar construction.
  • Their robots can trench to depths beyond 60 inches, enhancing construction efficiency.
  • The RPD 35 robot can drive up to 300 piles per day, surpassing manual labor.

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Funding

Total Funding

$108.9M

Meets

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$64M
Built Robotics
$100M
Oura

Benefits

Medical, vision, & dental plans

Competitive compensation

401(k) with matching

Paid holidays & PTO

Wellness reimbursement

Lunch & snacks

Tsa precheck

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

0%

2 year growth

2%
The Spy Who Billed Me
Jan 4th, 2024
Introducing Mobile ALOHA: Revolutionizing Robotics with Low-Cost Whole-Body Teleoperation

Built Robotics introduced the RPD 35 solar piling robot, and the industry received a significant influx of $1.63 billion in investment.

The Birm Group
Oct 31st, 2023
5 Game-Changing Robot Advancements in Construction

Built Robotics' RPD35 Pile Driver: Venturing into utility-scale solar projects demands efficient solutions for driving large piles.

The Birm Group
Oct 31st, 2023
5 Game-Changing Robot Advancements in Construction

Built Robotics' RPD35 Pile Driver: Venturing into utility-scale solar projects demands efficient solutions for driving large piles.

Big Think
May 13th, 2023
Massive robot is 3-5 times faster than human construction crew

California-based startup Built Robotics has unveiled a huge autonomous construction robot that speeds up the creation of utility-scale solar farms — accelerating the transition to a clean energy future and making workers safer, too.

The Robot Report
Apr 3rd, 2023
Top 10 Robotic Stories Of March 2023

Listen to this articleBetween all of the exciting robotics announcements that came out of ProMat, big acquisitions and other industry developments, there was no shortage of robotics news in February 2023. Here are the top 10 most popular stories on The Robot Report in March 2023. Subscribe to The Robot Report Newsletter or listen to The Robot Report Podcast to stay updated on the robotics stories you need to know about. 10. Advanced Construction Robotics launches rebar installing robot

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