How Much Did Built Robotics Raise?
Funding & Key Investors

Built Robotics has successfully secured a significant capital injection, bringing its total funding to $112.4M. This latest major strategic investment of $64M underscores the firm's pivotal role in the industrial automation sector. By leveraging this influx of financing, the company is well-positioned to accelerate its mission of transforming heavy machinery into autonomous assets, marking a critical milestone in its enterprise-level growth trajectory.

What is Built Robotics?

Built Robotics
Business ServicesSoftware TestingIndustrial Machinery & Equipment

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:

2017

Series B

$33M

Series A

$15M

2020

Debt

$350K

2022

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.

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Frequently Asked Questions Regarding Built Robotics Financial Insights

What are the most recent funding rounds that Built Robotics has completed, and what were the funding rounds?
Built Robotics has recently completed 3 funding rounds: Series C on Apr 7, 2022, Debt on Jun 9, 2020, Series B on Oct 19, 2017.
What is the total amount of funding Built Robotics has raised to date?
Built Robotics has raised a total of $112.3M in funding to date.
How many funding rounds has Built Robotics completed?
Built Robotics has completed 3 funding rounds.
How much funding did Built Robotics raise in its most recent funding round?
Built Robotics raised $64M in its most recent funding round.
Who are the lead investors in Built Robotics's latest funding round?
The lead investor in Built Robotics's latest funding round was Tiger Global Management. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Built Robotics's history?
The largest funding round in Built Robotics's history was $64M.
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