Built Robotics was founded in 2016 by Noah Ready-Campbell and Andrew Liang. The company has not publicly endorsed plans to participate in an IPO.
Built Robotics is a construction automation company. The company's flagship Exosystem is designed to be retrofitted to existing excavators, allowing the machines to accurately and safely dig trenches without a human operator. The company has raised more than $112 million in venture capital funding from investors including Tiger Global, NEA, Founders Fund, Fifth Wall, and Building Ventures. Built Robotics did not disclose valuation figures after a $64 million fundraising round in 2022.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
04/07/2022 | Series C | $52.51MM | $xx.xx | $345.14MM | Tiger Global, NEA, Founders Fund, Fifth Wall, Building Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,350,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global, NEA, Founders Fund, Fifth Wall, Building Ventures
|
||||||
09/19/2019 | Series B | $31.37MM | $xx.xx | $174.22MM | Next47, Building Ventures, Founders Fund, NEA, Lemnos, Presidio Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,218,388
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Next47, Building Ventures, Founders Fund, NEA, Lemnos, Presidio Ventures
|
||||||
09/26/2017 | Series A-4 | $13.54MM | $xx.xx | $49.22MM | Founders Fund, NEA, Lemnos, Presidio Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,639,314
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, NEA, Lemnos, Presidio Ventures
|
||||||
09/26/2017 | Series A-3 | $359,997 | $xx.xx | $49.22MM | Founders Fund, NEA, Lemnos, Presidio Ventures | |
Price per Share
$xx.xx
Shares Outstanding
120,918
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, NEA, Lemnos, Presidio Ventures
|
||||||
01/31/2016 | Series A-2 | $1.68MM | $xx.xx | $7.4MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,618,487
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
01/31/2016 | Series A-1 | $1.02MM | $xx.xx | $7.4MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,234,341
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|