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Assembly OSM is a company.
Assembly OSM has raised $38.0M across 1 funding round.
Key people at Assembly OSM.
Assembly OSM has raised $38.0M in total across 1 funding round.
Assembly OSM constructs sophisticated high-rise residential buildings through a "post-modular" manufacturing and assembly process. The company integrates advanced digital design, engineering, and a distributed supply chain, drawing heavily on methodologies from the automotive, aerospace, and electronics industries. This technical approach allows for the efficient and precise creation of complex urban structures, aiming to improve speed and cost-effectiveness in development.
The company was founded in 2019 by Chris Sharples and Bill Sharples, both co-founders of the acclaimed SHoP Architects. Their foundational insight stemmed from a desire to fundamentally transform the construction industry by applying advanced manufacturing principles to urban development, thereby overcoming the limitations of conventional building practices. Their architectural background provides a unique perspective on design and execution in this specialized construction sector.
Assembly OSM primarily serves urban developers seeking scalable, sustainable, and high-quality residential solutions. The company's vision is to make urban development more inclusive and efficient, enabling the creation of custom-designed, environmentally conscious buildings that are accessible to more communities. They aim to deliver design excellence and market-driven affordability through their innovative building system.
Assembly OSM is a New York-based technology company specializing in "post-modular" construction for high-rise buildings, using advanced digital design, manufacturing, and assembly to deliver scalable, sustainable urban development.[1][2][3][4] Founded around 2018-2019, it serves multifamily residential, hotels, dormitories, healthcare, and office projects, solving chronic issues like high costs, long timelines, and environmental impact through aerospace-inspired methods that cut completion time while ensuring aesthetic and performance quality.[1][2][3] With 11-50 employees and reported revenue of $22.2 million, the company has gained momentum via projects like Prototype Alpha in Brooklyn's Fort Greene, 147 St. Felix, and 247 E 117th Street in East Harlem, earning awards such as NYSERDA's Buildings of Excellence and WELL certification.[1][4]
Assembly OSM emerged in 2018 (per BuiltWorlds) or 2019 (per ZoomInfo and company descriptions), headquartered at 233 Broadway in New York City, as founders drew directly from aerospace and automotive pioneers.[1][2][3] Key figures include leadership like the CEO, Chief of Staff, and Chief Administrative Officer/General Counsel, who collaborated with advisors from Boeing, SpaceX, and Tesla to adapt their precision manufacturing for urban construction.[3] The idea crystallized around transforming modular building—previously rigid—into a flexible "post-modular" system, starting with a flagship high-rise in Brooklyn's historic Fort Greene district, where they balanced modular efficiency with local architectural needs for early traction.[3][4]
Assembly OSM rides the urban housing crisis and modular construction wave, addressing U.S. shortages through tech-driven scalability amid rising material costs and labor shortages.[4] Timing aligns with post-pandemic supply chain disruptions and sustainability mandates, amplified by market forces like New York’s density demands and incentives from NYCEEC financing and NYSERDA awards.[4] By pioneering "post-modular" with digital twins and aerospace methods, it influences the ecosystem, inspiring full-stack startups in American Dynamism (per Andreessen Horowitz) and shifting construction from trade-based to engineered assembly, potentially standardizing faster, greener high-rises globally.[3][4][5]
Assembly OSM is poised to expand beyond NYC pilots like East Harlem's WELL-certified passive house, scaling its post-modular platform to more U.S. cities and project types amid housing shortages and climate goals.[4] Trends like AI-enhanced digital twins, federal prefab incentives, and investor interest in proptech will accelerate growth, evolving its influence from niche innovator to ecosystem shaper for sustainable urbanism—ultimately making high-quality buildings as routine and efficient as aircraft assembly.[3][4]
Assembly OSM has raised $38.0M in total across 1 funding round.
Assembly OSM's investors include Fifth Wall, Acadian Ventures, Accel, Andreessen Horowitz, Bedrock Capital, Bessemer Venture Partners, Bling Capital, Boost VC, BoxGroup, Cambrian Ventures, Connect Ventures, Conversion Capital.
Key people at Assembly OSM.
Assembly OSM has raised $38.0M across 1 funding round. Most recently, it raised $38.0M Series A in July 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2022 | $38.0M Series A | Fifth Wall | Acadian Ventures, Accel, Andreessen Horowitz, Bedrock Capital, Bessemer Venture Partners, Bling Capital, Boost VC, BoxGroup, Cambrian Ventures, Connect Ventures, Conversion Capital, Emergence Capital, Ensemble Brands, Highland Capital Partners, Indeed.com, Kearny Jackson, monashees, Salesforce Ventures, Slack Fund, SNR, Starframe Capital, SV Latam Fund, Ulu Ventures, Ben Curren, Eric Nadalin, Garrett Koehn, Gokul Rajaram, Josh Abramson, Sam Altman |