Built Robotics

Built Robotics

Develops autonomous robots for construction tasks

About

Built Robotics operates in the construction industry, focusing on the solar sector by providing an autonomous piling system. This robot can perform tasks like trenching to depths over 60 inches, which helps to speed up construction work and enhance safety by reducing the need for human labor in hazardous situations. The robot adapts its performance based on the type of soil it encounters, making it versatile for various construction environments. Clients include construction companies and contractors in the solar industry seeking to improve efficiency and safety on their job sites. Built Robotics generates revenue by selling or leasing these robots, and may also provide maintenance, software updates, and training services. The goal of Built Robotics is to transform construction processes by integrating robotics to create safer and more efficient work environments.

Company Stage

Series C

Employees

11-50

Industries

Robotics & Automation, Energy

Total Funding

$108.9M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • The introduction of the RPD 35 robot, which can drive up to 300 piles per day, significantly enhances productivity and safety in solar farm construction.
  • Built Robotics' acquisition of Roin Technologies expands their capabilities into concrete automation, broadening their market reach.
  • The company's innovative technology aligns with global trends towards clean energy, positioning it well for future growth.

What critics are saying

  • The performance of Built Robotics' systems can vary significantly depending on soil conditions, which may limit their effectiveness in certain environments.
  • The high initial cost of autonomous robots could be a barrier for smaller construction companies, potentially limiting market penetration.

What makes Built Robotics unique

  • Built Robotics has developed the world's first autonomous piling system specifically for the solar sector, setting it apart from general construction robotics companies.
  • Their robots can handle a variety of soil types, making them versatile for different construction environments, unlike competitors with more specialized machinery.
  • The company's focus on safety and efficiency in potentially dangerous construction tasks provides a unique value proposition in the industry.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

7%

2 year growth

4%

Benefits

Medical, vision, & dental plans

Competitive compensation

401(k) with matching

Paid holidays & PTO

Wellness reimbursement

Lunch & snacks

Tsa precheck

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