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§ Private Profile · 233 Broadway Fl 10, New York City, New York, 10279, United States
Construction technology company delivers high-rise modular buildings for urban real estate developers, using advanced off-site manufacturing.
Based in New York City, Assembly OSM is a construction technology company founded in 2019 by Chris Sharples and Bill Sharples to design and deliver high-rise modular buildings. Led by CEO Andrew Staniforth, the enterprise utilizes digital twin technology and advanced manufacturing techniques adapted from the aerospace and automotive industries to provide turnkey off-site assembly services. The firm serves real estate developers across multifamily residential, hotel, and commercial sectors, executing specific urban projects like 147 Saint Felix in Brooklyn and 247 East 117th Street. Operating with an estimated 50 to 100 employees and generating approximately 22 million dollars in annual revenue, the organization successfully stacked its first modular residential building in late 2023. The company secured a $21 million Series A funding round in 2022 backed by institutional investors including Fifth Wall, Atreides Management, and Jefferies.
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 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 | Status |
|---|---|---|---|---|
| Jul 1, 2022 | $38M 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 | Announced |
Key people at Assembly OSM.
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.
