Assembly

https://www.ycombinator.com/companies/assembly

Crowdfunding has fueled an increase in innovative product companies turning to Chinese factories for production. Yet, Chinese factories seem undifferentiated because they all make the same, unverifiable claims of excellence. This results in competition centered on price. Factories are forced to under-bid contracts to win business, but often, they later surprise the customer with quality problems and delays. This process is broken. We install cameras and remote monitoring software on the assembly line, and this ensures compliance with test protocol, improves quality, reduces liability, and helps fight warranty fraud. We charge a nominal per-unit fee to the OEM and revenue share with the factory when they demonstrate compliance with quality standards (whether units pass or fail). It encourages better behavior from factories and rewards those who perform with an audit trail of good performance that helps them win new foreign business. On average, defect rate will fall 75% within 5 months of deploying Assembly at a factory.

About

Year Founded: 2014
Number of Founders: 1
HQ: Redwood City, California, United States
Domain: asm.co
Email: press@getscale.com
Industries: Information Technology, Quality Assurance, Communities, Manufacturing, Open Source
Tags: logistics, manufacturing, china

Total Funding: 2900000
Number of Funding Rounds: 2.0
Last Funding Round Type: Seed
Last Funding Date: 2015-08-18
Team Size: 12
Founder Names: Jonathan Friedman