What is Built Robotics?
Headquartered in San Francisco, Built Robotics is a pioneering force in the construction technology landscape. The company specializes in the development of sophisticated AI guidance systems designed to retrofit traditional heavy equipment into fully autonomous robots. By integrating advanced robotics and machine learning into the built environment, Built Robotics addresses critical labor shortages and safety challenges within the construction industry. Its market position is defined by its ability to bridge the gap between legacy infrastructure and modern, automated operational standards, effectively redefining the efficiency of large-scale construction projects.
How much funding has Built Robotics raised?
Built Robotics has raised a total of $112.3M across 4 funding rounds:
Series B
$33M
Series A
$15M
Debt
$350K
Series C
$64M
Series B (2017): $33M with participation from Great Oaks Venture Capital, Edward Lando, New Enterprise Associates, and Founders Fund
Series A (2017): $15M led by New Enterprise Associates
Debt (2020): $350K supported by PPP
Series C (2022): $64M featuring Tiger Global Management, Fifth Wall, Founders Fund, New Enterprise Associates, and Building Ventures
Key Investors in Built Robotics
Tiger Global Management
Tiger Global Management is a prominent investment firm that deploys capital across both public and private markets, focusing on high-growth technology companies.
Fifth Wall
Fifth Wall is the largest venture capital firm dedicated to the global real estate industry, connecting major property owners with transformative technology entrepreneurs.
Founders Fund
Founders Fund is a venture capital firm that invests in companies across all stages, known for its founder-friendly approach and support for transformative technologies.
What's next for Built Robotics?
With the recent infusion of capital, Built Robotics is poised to scale its autonomous technology deployment across global markets. The strategic focus will likely shift toward expanding its operational footprint and deepening its integration with major construction firms. As the company matures, the emphasis will remain on enhancing the reliability of its AI-driven guidance systems, ensuring that its autonomous solutions become the industry standard for safety and productivity. Future growth will be driven by the continued adoption of its technology by enterprise-level partners, solidifying its status as a leader in the industrial automation ecosystem.
See full Built Robotics company page