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date founded

General

About Company
VersaBuilt is a company that develops robotic automation systems for mixed-part manufacturing.

Industry

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founded date

01.08.2014

Number of employees

Company Type

For Profit

IPO status

Private

Description

The company's patented MultiGrip technology is a significant advancement in automating industrial CNC machines, which are responsible for processing hundreds of millions of parts worldwide every day. Unlike traditional automation technology limited to high-volume production of a single part, MultiGrip is specifically engineered for low to medium volume production of various parts. It is the only viable automation technology available for many CNC manufacturing applications. By automating the CNC manufacturing process, VersaBuilt's systems can reduce production costs by 30-70% and decrease labor requirements by 50-90%. Their flagship product, the VBX-160, incorporates MultiGrip technology and has been successfully deployed in industries such as aerospace, medical, industrial equipment, power sports, firearms, and sporting goods. With intuitive controls and no programming required, VersaBuilt's systems offer clients a ready-to-use solution that improves efficiency and reduces costs in modern machine shops.
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Financials

Co-Investors

People

Founders
1
Albert Youngwerth
Albert Youngwerth

Albert Youngwerth

current job

VersaBuilt Robotics
VersaBuilt Robotics

organization founded

2

Albert Youngwerth

Employee Profiles
1
Albert Youngwerth

Albert Youngwerth

Founder/President

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