Built Robotics Raises $64M In Series C Funding

A $64m Series C financing was closed by Built Robotics, a San Francisco-based construction autonomy company.

The round, which brought total funding to $112m, was led by Tiger Global with participation from existing investors NEA, Founders Fund, Fifth Wall, and Building Ventures.

The company plans to use the funds for expansion and business growth.

Led by Noah Ready-Campbell, CEO, Built Robotics provides an autonomy solution for excavators, the Exosystem™, which enables excavators to become fully autonomous trenching robots. The Exosystem™ can be installed and calibrated on an excavator in less than a day. It is available for contractors to rent as standalone units, or they may lease pre-upgraded excavators directly. Contractors pay an hourly fee to license the Exosystem’s autonomous software — and depending on utilization — they can realize cost savings versus traditional methods. Long-term rentals are eligible for discounts and include installation, training, support, and 24/7 assistance.

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