Looking to sell Built Robotics stock or options?
Built Robotics aims to revolutionize construction with autonomous robots designed to build the world. The company's software, integrated with sensors retrofitted onto heavy equipment, creates an AI guidance system that addresses workforce shortages. This technology accelerates the transition to clean energy, enabling clients to operate machinery autonomously for constructing vital infrastructures like wind farms, gas pipelines, and new housing developments.
Quiet Capital, New Enterprise Associates, Graphene Ventures, Next47, Black & Veatch IgniteX, Calibrate Ventures, Pareto Holdings, Presidio Ventures, Founders Fund, Pascal Capital, Ryan Petersen, Great Oaks Venture Capital, Carl Bass, Eddie Siegel, Maria Thomas, Edward Lando, Eric Stromberg, Tiger Global Management, Lemnos, Caffeinated Capital, Combine, Astir Ventures, Justin Kan, AI Venture Labs, David Petersen.
Built Robotics is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Built Robotics stock. Depending on Built Robotics’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Built Robotics stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Built Robotics stock in two ways. First, Built Robotics employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Built Robotics stock. Note that all transactions in Built Robotics shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Built Robotics stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Built Robotics stock. Typically, shares of private companies like Built Robotics are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Apr 2022, Built Robotics is reported to have closed an equity financing in which the investors valued the company at $345M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Built Robotics shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Built Robotics is not currently publicly traded, it does not have a ticker symbol.
Built Robotics has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Built Robotics is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Built Robotics shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.