Velocity Robotics took first prize in the Leech Tishman Business Pitch Competition, earning a package of legal, marketing and accounting services from local companies, as well as access to two local investment groups. This is not the first time Velocity — headed by founder Brad Kriel — has taken the top prize in a competition. It also won the mid-Atlantic round of the AlphaLab Gear Hardware Cup in February, putting it into the international finals for that contest.
Velocity Robotics is improving construction speed, quality, and cost with the Internet of Tools: connected robotic power tools and accessories to improve speed, quality, and cost in construction.
“Estamos construyendo un conjunto completo de productos basados en tecnología para mejorar la productividad para la industria de la construcción, no solo aquí en los EE. UU., sino también a nivel internacional”, afirma el CEO de Velocity Robotics, Brad Kriel.
Los desarrolladores también prometen a los usuarios que solo tardarán cinco minutos en aprender a usar AutoSet.
The Hardware Cup AlphaLab Gear is a pitch competition for early-stage hardware startups, and Brad is one of six US regional winners. Velocity Robotics won $50,000 grand prize.
On this week’s show, Brad tells Scot MacTaggart about Autoset, a tool made by Velocity Robotics to make miter saw work more efficient. The two also spend time discussing how a return-on-investment (ROI) pitch gets made, and how Shark Tank can be bad for the entrepreneurial ecosystem.
“Measure twice, cut once.” So goes the old construction adage. But most laborers in the field are still taking measurements by hand and then walking them over to the miter saw bench.
Autoset by Velocity Robotics – works by receiving measurements from a Bluetooth-connected tape measure.
Velocity Robotics officials said Autoset's accuracy is to one-sixty-fourth of an inch but added that the firm is working on a potential upgrade to increase accuracy to one-one-thousandth of an inch.
Construction Dive Insight:
The Autoset accessory is just the latest construction industry robotics play with the potential to increase productivity in the field.
For example, in October, the Pittsburgh Post-Gazette reported that a collaboration between the CEO of a Pennsylvania construction company and a robotics researcher had resulted in a robotic arm that can tie bridge deck rebar.
Since moving to Pittsburgh in 2007 with his wife, Brad Kriel, the owner of Velocity Robotics has completely remodeled his 1930s-era home. So he understands construction equipment and the headache that comes along with it.
That’s why he created Velocity Robotics, a North Side-based startup that builds smart tape measures and smart miter saws to make more accurate cuts.
Velocity Robotics won the Hardware Cup Mid-Atlantic Regional, receiving $3,000 cash and a free 1-year Solidworks license for computer-aided design and engineering.
Autoset is unique because it has a really good price point, it’s portable and easy to set up and take down, and it improves productivity.
AutoSet is an automated miter saw fence. As a part of the Internet of Tools, AutoSet integrates with a mobile app to streamline your workflow whether you're building a skyscraper, making a bookshelf, or anything in between.
Clock Shadow a boutique studio crafting feature documentary, narrative short, and branded content films made a video presentation of AutoSet.