Promise Robotics
PrivateLast Round
Series A
Oct 31, 2023
Total Funding Raised
$25M
Company Overview
Promise Robotics is a construction technology company that provides an AI-powered, cloud-based platform for robotic homebuilding and off-site construction.
Sector
Frontier & Industrial Tech
Verticals
Construction Tech, Industrial Robotics, Smart Manufacturing
Business Model
B2B
Customer Profile
Services & Consulting, Subscription SaaS, Hardware + Subscription
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Promise Robotics Comparables
Compare Promise Robotics with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Automated Architecture | 86% | |
| Reframe Systems | 84% | |
| Blueprint Robotics | 81% |
Promise Robotics Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Oct 31, 2023 | ||||
| Grant | Dec 9, 2021 | ||||
| Seed | Mar 17, 2021 |
Key People
Founding team and executive leadership
Promise Robotics Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Horizons Ventures | Series A |
| Alate Partners | Series A |
| Sustainable Development Technology Canada | Grant |
| Public Sector Pension Investment Board | Series A, Seed |
| Relay Ventures | Series A |
| United Brotherhood of Carpenters and Joiners of America | Series A |
| Radical Ventures | Series A, Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 17, 2026
Monthly visitors increased 107% MoM, reaching 9.6K.
- Mar 4, 2026
Began production at a new robotic homebuilding plant in Calgary.
Recent news
Latest coverage and updates
- expands_facilitiesOct 15, 2026
Promise Robotics Inc. is setting up its initial Factory-as-a-Service facilities in Canada, including Calgary, with its own crews operating the systems.
- licenses_technologyOct 13, 2026
Promise Robotics Inc. gives D.R. Horton, Inc. access to its Factory-as-a-Service platform under a multi-year agreement supporting the production of more than 1,250 homes through robotic manufacturing, factory operations and onsite installation.
- signs_new_clientOct 13, 2026
On Oct 13th '26, Promise Robotics Inc. signs D.R. Horton, Inc. to a multi-year agreement under which D.R. Horton, Inc. uses its Factory-as-a-Service capabilities to support production of more than 1,250 homes in the Phoenix area of Arizona.
- expands_facilitiesOct 13, 2026
Promise Robotics Inc. plans to launch a new factory in Arizona as part of its U.S. expansion, with manufacturing expected to begin in early 2027.
Promise Robotics Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Request accessFrequently Asked Questions
Common questions about Promise Robotics's valuation, stock price, and market status.
Is Promise Robotics a public or private company?
Promise Robotics is a private company.
What is the current stock price of Promise Robotics?
Promise Robotics is a private company, so its shares have no public market price. Caplight tracks Promise Robotics's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Promise Robotics worth (valuation)?
Valuation information for Promise Robotics is not publicly available.
Can I buy Promise Robotics stock?
Promise Robotics shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Promise Robotics's last funding round?
Promise Robotics's most recent funding round was Series A on October 31, 2023.
Who are the main investors in Promise Robotics?
Key investors in Promise Robotics include Horizons Ventures.
Will Promise Robotics IPO soon?
No public IPO plans have been announced for Promise Robotics.
How can I track Promise Robotics secondary market activity?
Caplight tracks bids, offers, and trades in Promise Robotics's shares on secondary markets.