What is Assembly OSM?
Founded in 2019, Assembly OSM is revolutionizing the construction industry with its innovative building systems designed to deliver high-quality, aesthetically pleasing, and cost-effective structures. The company's approach emphasizes green materials and significantly reduces project completion times, offering enhanced cost and schedule certainty compared to traditional construction methods. Initially focusing on multifamily residential projects in New York City, Assembly OSM's flexible systems are adaptable for a wide range of project types, including hotels, dormitories, healthcare facilities, factory housing, and office complexes, suitable for diverse geographic locations.
How much funding has Assembly OSM raised?
Assembly OSM has raised a total of $38M across 1 funding round:
Series A
$38M
Series A (2022): $38M with participation from Fifth Wall, Jefferies Group, and Rob Stavis
Key Investors in Assembly OSM
Fifth Wall
Fifth Wall is a prominent venture capital firm specializing in proptech, focusing on technologies for the global real estate industry. They connect real estate owners and operators with technology innovators.
Jefferies Group
Jefferies Group is a global financial services company providing investment banking, capital markets, and other financial services. Their participation suggests a strategic financial backing for Assembly OSM's growth.
Rob Stavis
Rob Stavis is an investor whose involvement in Assembly OSM's funding round indicates support for innovative ventures within the construction and technology sectors.
What's next for Assembly OSM?
The recent major strategic investment in Assembly OSM, following its Series A funding round, indicates a strong validation of its disruptive technology and business model. This capital infusion is expected to fuel the company's scaling efforts, enabling it to expand its operational capacity, enhance its technological offerings, and penetrate new markets. Assembly OSM is poised to further solidify its position as a leader in the proptech space, driving efficiency and sustainability in building construction.
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