What is Assembly?
Assembly is a key supplier of vital personal protective equipment (PPE), including N95 respirator masks, gloves, and sterilization wipes. The company's operations have become particularly critical during the COVID-19 pandemic, highlighting its importance in public health infrastructure and supply chain resilience. The recent substantial expansion capital indicates a strategic move to scale operations and meet heightened demand.
How much funding has Assembly raised?
Assembly has raised a total of $3M across 2 funding rounds:
Unspecified
$2.9M
Debt
$63K
Unspecified (2014): $2.9M with participation from Union Square Ventures, Thrive Capital, and Collaborative Fund
Debt (2021): $63K led by PPP
Key Investors in Assembly
Union Square Ventures
Union Square Ventures is a New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes. The firm targets a variety of sectors, focusing on innovative companies poised for growth.
Thrive Capital
Thrive Capital is an investment venture capital company that operates out of New York. Thrive Capital primarily deals in internet and software investments.
Collaborative Fund
With over $500 million in assets under management, Collaborative Fund is a leading source of capital and strategic support for entrepreneurs pushing the world forward. As an early investor in Beyond Meat, Dandelion Energy, Good Eggs, Gumroad, Lovevery, Lyft, Sweetgreen, Upstart, and Whoop, Collaborative Fund and its portfolio companies benefit from the community and lessons shared from the company's network.
What's next for Assembly?
With the recent infusion of substantial expansion capital, Assembly is poised for significant growth. This major enterprise-level funding is expected to enable the company to enhance its production capabilities, broaden its distribution network, and potentially diversify its product offerings within the PPE sector. The strategic investment signals confidence in Assembly's ability to navigate the complexities of the current market and solidify its position as a reliable provider of essential health and safety supplies.
See full Assembly company page
