Agorus

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Construction Tech?
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Project Management Software
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Agorus is a construction technology company founded in 2019 that aims to revolutionize the homebuilding industry through digitization and automation. The company's proprietary software platform digitizes building plans into complete virtual models with integrated structural engineering. This technology enables precision off-site manufacturing of customized housing components including walls, floors, roofs, and stairs. Agorus utilizes a "panelization" approach, where custom 2D panels are manufactured in a factory setting and then assembled on-site. This method allows for the construction of various housing types, from accessory dwelling units (ADUs) to multi-family apartments.

The company's process begins with automated upfront pricing and includes collaborative virtual reality (VR) walkthroughs for plan review. Once finalized, Agorus software guides precision robotics to build customized solutions using high-quality materials in climate-controlled facilities. This level of precision results in products that can be installed on-site in 5-10 days, significantly reducing construction time compared to traditional methods. As of July 2022, Agorus had completed approximately 100 units across Southern California and Arizona. The company operates a manufacturing facility in El Cajon and employed about 60 workers as of June 2022.

Agorus' technology aims to address several challenges in the construction industry, including labor shortages, inefficiencies, and sustainability concerns. The company claims its approach can reduce waste, cut energy consumption in homes, and potentially help meet sustainability targets in the building sector. Agorus envisions scaling its operations to become a major player in the residential construction market, with a goal of being able to produce a single housing unit every few hours at full capacity.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
San Diego CA USA
Founded year:
2018
Employees:
51-100
IPO status:
Private
Total funding:
USD 8.0 mn
Last Funding:
USD 6.5 mn (Seed; Mar 2022)
Last valuation:
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