BotBuilt

BotBuilt

Private
Durham, North CarolinaReal Estate & PropTechhttps://www.botbuilt.com

Last Round

Seed

Dec 27, 2023

Est. Valuation

$35M

Total Funding Raised

$12.4M

Company Overview

BotBuilt is a technology company that utilizes robotics, artificial intelligence, and computer vision to automate the home-building process, with a specific focus on the framing step. Founded in 2020 by Brent Wadas, Colin Devine, and Barrett Ames, the company aims to address the housing crisis and construction labor shortage by making construction faster, safer, and more affordable. BotBuilt's proprietary software converts 2D blueprints into 3D models, which then command robotic arms to assemble prefabricated wall panels and trusses in automated micro-factories. This process minimizes material waste and allows a small crew to assemble a home's frame in hours instead of weeks. The company is backed by investors including Y Combinator, Ambassador Supply, Owens Corning, and Shadow Ventures, having raised a $12.4 million seed round in late 2023.

Sector

Real Estate & PropTech

Verticals

Construction Tech, Industrial Robotics, Smart Manufacturing, Computer Vision

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Application

Keywords

robotic framingconstruction roboticsoffsite constructionpanelized constructioncontechconstruction automationprefabricated constructionframing fabricationrobotic fabricationresidential constructionrobotic micro-factoriesprefabricated wall panelsconstruction computer visionAI in construction

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BotBuilt Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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BotBuilt Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedDec 27, 2023

Key People

Founding team and executive leadership

Barrett Ames

Co-Founder CEO

Founding Team

Brent Wadas

CEO

Executive Team

BotBuilt Investors

Notable investors and investment history

BotBuilt Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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BotBuilt Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersDurham, North Carolina
Employee Range14
Year Founded2020
Last FundingDec 27, 2023

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