Versabuilt - About the company
Versabuilt is a seed company based in Boise (United States), founded in 2013 by Al Youngwerth. It operates as a CNC automation solutions for machinists, increasing productivity and reducing downtime. Versabuilt has raised $2.55M in funding. The company has 526 active competitors, including 86 funded and 73 that have exited. Its top competitors include companies like Agile Robots, Mujin and OnRobot.
Company Details
CNC automation solutions for machinists, increasing productivity and reducing downtime. They provide versatile CNC automation systems designed to streamline production for CNC lathes and mills. Their offerings include mill automation with MultiGrip, DuoGrip, and ZPS, as well as lathe automation with DuoGrip. They offer grippers, robot integration solutions, CNC auto doors, and accessories like VersaWash and VersaBlast. Their solutions are designed for high-mix CNC shops, enabling machinists to easily add new parts without robot programming or integrators. They focus on flexible solutions that adapt to unique workflows, providing reliable performance and technical support. They offer workholding solutions and licensing, along with resources like manuals, data sheets, CAD models, and software downloads. They aim to make automation accessible, offering affordable solutions for high-mix shops, and increasing productivity.
- Website
- www.versabuilt.com/
- Social
- Email ID
- *****@versabuilt.com
Key Metrics
Founded Year
2013
Location
Boise, United States
Stage
Seed
Total Funding
$2.55M in 1 round
Latest Funding Round
Ranked
363rd among 526 active competitors
Employee Count
7 as on Dec 31, 2020
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Legal entities associated with Versabuilt
Versabuilt is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Versabuilt, Inc. CIN: 1741343 , United States, Active | $1M - $5M (As on Jul 09, 2018) | - | - | |
Versabuilt, Inc. CIN: 0001741343 , United States, Active | - | 28 (As on Dec 31, 2018) | - |
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Versabuilt's funding and investors
Versabuilt has raised a total funding of $2.55M over 1 round.
Here is the list of recent funding rounds of Versabuilt:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 02, 2018 | 5037516 | Seed | 6842735 | 1311103 | 8550186 | 1053040 |
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Versabuilt's founders and board of directors
Founder? Claim ProfileThe founders of Versabuilt is Al Youngwerth.
Here are the details of Versabuilt's key team members:
- Al Youngwerth: Founder/Chairman/CTO of Versabuilt.
View details of Versabuilt's Founder profiles and Board Members
Versabuilt's employee count trend
Versabuilt has 7 employees as of Dec 20. The total employee count is 30.0% lower than what it was in Dec 19. Here is Versabuilt's employee count trend over the years:
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Versabuilt's Competitors and alternates
Top competitors of Versabuilt include Agile Robots, Mujin and OnRobot. Here is the list of Top 10 competitors of Versabuilt, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Agile Robots 2018, Munich (Germany), Series C | Provider of AI-powered robotic automation solutions for multiple industry applications | $250M | 69/100 | |
2nd | Provider of intelligent automation solutions for industrial robots | $243M | 63/100 | ||
3rd | Provider of collaborative robot grippers | $152M | 63/100 | ||
4th |  Orangewood Labs 2016, San Francisco (United States), Series A | Manufacturer of AI-powered robotic arms for industrial automation | $4.65M | 63/100 | |
5th | Doosan Robotics 2015, Suwon-si (South Korea), Public | Manufacturer of AI-powered collaborative and industrial robotic solutions | $33.7M | 61/100 | |
6th | Manufacturer of robotic systems, production machines, and integrated production systems | - | 61/100 | ||
7th | Manufacturer of automation and robotic systems | - | 61/100 | ||
8th | Vicarious 2010, San Francisco (United States), Acquired | Developer of AI-based robotic arms | $250M | 60/100 | |
9th | Standard Bots 2011, New York City (United States), Series B | AI-powered robotics company automating real-world applications with advanced hardware and software | $63M | 60/100 | |
10th | Developer of modular industrial robot solutions | $60M | 59/100 | ||
363rd | Versabuilt 2013, Boise (United States), Seed | CNC automation solutions for machinists, increasing productivity and reducing downtime | $2.55M | - | 23/100 |
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Versabuilt's Investments and acquisitions
Versabuilt has made no investments or acquisitions yet.
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