Greetings from the bowels of Moscone Center West. As I type this, Kevin Hart just exited the stage and Serena Williams is...
This is a new company and has neither generated revenue, nor has it had any significant operating history. Please review the Offering Circular for details on the company's financials.
Problem
There is a labor criss
Economic growth in the US and around the globe has lifted more people into the middle class, leaving a vast labor shortage in service industries. As educational attainment grows, fewer people entering the labor force are interested in the service sector and similar industries.
US Labor shortages across the construction, agriculture, restaurant and manufacturing industries are projected to create a $1T negative impact on the US economy.
- Restaurants — Record-high 1M US workers quit the restaurant industry in 2021.
- Agriculture — In the second half of the 20th century, the size of the US farming workforce shrunk by 52%.
- Construction — A 650K labor gap in 2022, despite over $1B in additional construction spending.
- Manufacturing — 1.4M US manufacturing jobs were lost during the pandemic; and 77% of companies in the space expect difficulties in finding workers to continue.
With such a big opportunity—where are the robots?
Most expected robotics and automation to solve the labor shortage; but Ally believes the robots of today are too expensive, require experts to program, or are designed for industrial applications.
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Cost must go down
for robotics companies trying to fill the gaps
New technology companies, like Miso Robotics in the restaurant industry, are delivering the solution. But to meet the needs of businesses struggling to make ends meet, Ally Robotics believes the cost of robots must go down to allow companies in low margin industries to invest in automation technology and increase their margins.
Sources for Restaurants; Small Farms; Small Scale Manufacturing; Commercial Construction's profit margins
Solution
Ally is democratizing robotics
Our innovative solutions are opening a new era for attainable robotics technology.
At Ally Robotics, we are problem-solvers, critical thinkers, market innovators and technology believers. Our mission is to radically change how people work to empower humanity, and enrich the lives of those around us. Finally, a robotic arm that is simple to use, easily scalable and has endless applications. Using imitation learning, AI and quality hardware, our product is smart and easy to train while also lightweight and affordable. Born to solve problems, we believe our product will usher in a new era of technology, advancing the human experience by making robotics attainable for everyone, everywhere.
Product
Ally's differentiating technology
makes our products extensible + affordable
Introducing the Ally Arm
With a combination of machine vision, imitation learning, AI and hardware innovation, we believe we can significantly expand the market for robotic technology and create automation for anyone.
No code — “No-code” programming option leveraging cutting edge AI and deep reinforcement learning.
Single hand-end effector — Single hand-end effector can accommodate the majority of human workflow automation.
Imitation learning — Behaviors and tasks can be trained by anyone through demonstration, similar to a human being.
Lower cost — Novel lower-cost robotic joints and actuators allow us to put more of the electronics in the base, improve wire routing, and mechanically couple joints 1 and 2 for smooth motion with double the torque and no velocity loss.
Scale — Designed to manufacture at scale using low-cost materials from prototype to production.
Integrated Electronics — We removed the external control box, and the Ally arm can be powered from a standard 110VAC or 48VDC outlet – no expensive facility upgrades are required
User-friendly — We invented a new quick-change actuator – now anyone will be able to service the robot just like replacing the batteries in your flashlight.
Custom skins expand use cases — Our endoskeleton design uses robot skins. Whether the scenario is clean food automation or sorting recyclables out of landfills, there will be a skin for you.
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Ally Robotics is currently developing our first-stage prototypes, but we are quickly working to design the future of robotics—one iteration at a time.
Traction
Ally at glance
- Team of path breakers
Founded by innovative leaders in the robotics and artificial intelligence industry. - Industry partner: Miso Robotics*
Backed by the leader in restaurant automation technology via $30M in potential revenue via a non-binding LOI. - Groundbreaking technology
Unique hardware and software technologies poised to fill a massive, immediate market need; on a long-term path to democratize robotics.
Restaurants are just the beginning
Bringing manufacturing back to the U.S. will require the deployment of robotics at a massive scale. Ally is here to meet the challenge. With affordable hardware and smart, no-code software, Ally is poised to deploy our arms among collaborative robotics companies (industrial tasks), and service robotics companies (non-industrial tasks).
By 2026, the collaborative robotics and service robotics industries will represent at least a combined $113.3B market opportunity.
*Miso Robotics owns 6,600,000 shares of Common Stock in Ally Robotics and may indirectly benefit from publicizing the offering of the issuer’s securities.
Business model
Revolutionizing the $297B quick service restaurant market with Miso
We are obsessed with getting our robotic arms in the hands of real companies creating impact for customers. That's why Ally has partnered with Miso Robotics* to supply arms to their Flippy line of products.
The Ally advantage
Miso Robotics intends to purchase Ally robot arms for their Flippy product line, representing $30M in potential revenue via a non-binding letter of intent.
A potential 30% decrease in robotic arm cost**
*Miso Robotics owns 6,600,000 shares of Common Stock in Ally Robotics and may indirectly benefit from publicizing the offering of the issuer’s securities.
**Based on management's opinion
Competition
Among our competitors...
...some are producing smart software. Others are producing affordable arms. But Ally believes it's one of the few developing a product that is both smart and affordable.
Vision and strategy
Targeting key growth sectors in the $36B+ service robotics market
Hospitality & Agriculture
Rapid recovery in tourism leading to rising demand for hospitality services coupled with severe labor shortage is resulting in rapid deployment of robots in the hospitality industry
Key application areas for robotics
Dining areas for serving food and drinks and carrying dirty dishes back to the kitchen
Kitchens for cooking chips and fries, brewing coffee, preparing salads, and scooping ice cream
Room service for delivering supplies to guests
Self-service kiosks for delivering food items to customers
Automating farm plucking and harvesting operations
Ally’s approach
Based on our research, restaurant chains are increasingly testing and deploying robots in kitchen areas to cook food, and in dining areas to serve food. We believe our lightweight, inexpensive arms offer a significant advantage to companies that have had initial success in these areas and are now looking to scale up robotic implementation. Additionally, is targeting the suppliers of harvesting and plucking robots planning to scale up their operations.
Logistics
In the logistics industry, the intensity of competition is high, however, multiple commercialized use cases and customer willingness to adopt make it one of the most attractive industries.
Key application areas for robotics
eCommerce growth is leading to logistics companies increasingly deploying robots to meet customer expectations and realize productivity gains
Transporting goods within distribution centers and warehouses
Sorting and picking items from bins or from assembly lines
Ally’s approach
Based on our research, many robot suppliers are using ABB and Fanuc arms to develop picking and sorting applications for logistics companies; Ally Robotics plans to partner with players such as Fanuc and ABB to explore potential Ally Arm supplying opportunities or target robot suppliers directly to support our expansion.
Medical
Our research indicates that while the use of robotic arms in surgical operations is well established; new use cases involving robotic arms are still being tested for lab testing and diagnostics.
Key application areas for robotics
Medical robots are primarily being used for non-invasive surgeries, surgical assistance, and cancer treatment using radiation therapy
Delivering supplies and assisting nurses within the hospital environment
Application in diagnostic and lab testing, and patient rehabilitation
Ally’s approach
Given the growing popularity of robotic surgical systems, Ally Robotics can explore the option of integrating Ally Arm with market leaders such as da Vinci Surgical Systems and CyberKnife; Ally Robotics can also capitalize on the opportunities presented by the healthcare staff shortage in the US by partnering with robot suppliers who are focusing on applications such as assistive care, supporting nurses, and delivering supplies.
Professional Cleaning
While the use of floor cleaning, vacuuming, and mopping robots is now widely prevalent; we believe the use of robotic arms for dexterity-based cleaning applications like work surface cleaning and sanitizing will soon become just as widespread.
Key application areas for robotics
Floor cleaning, vacuuming, and mopping
Window cleaning of high-rise buildings
Ally’s approach
Floor cleaning, vacuuming, and mopping robots are highly popular, however, these robots currently are not using robotic arms. Ally Robotics is exploring integrating Ally Arm with suppliers of floor-cleaning and mopping robots to develop new use cases; window and tank cleaning.
Construction
Based on our research, the use of robots in the construction industry is still in the very early stages, and new applications involving robotic arms are still being tested.
Key application areas for robotics
Construction robots are being used to increase efficiency and realize productivity gains by automating repetitive tasks
Robots with arms are increasingly being used for additive manufacturing and 3D printing of large structures, demolition, and bricklaying and masonry
Automated tying of rebar, heavy load lifting, and drywall finishing
Funding
Backed by Wavemaker
A cross-border VC firm with a proven track record in deep tech, food/beverage, and robotics.
Founders
The leadership team
Mitch Tolson
CEO & Founder
- 32 years of entrepreneur experience, 26 years engineering
- Technical Advisor: Miso Robotics
- Prior work experience at Fresh Consulting, Microsoft, PACCAR
- Excellence in Engineering award
- Riverview Community Volunteer of the Year award
- FIRST Volunteer and Mentor
- M.ENG Mechatronics, UW
David Harder
COO
- Microsoft
- Gap
- Nokia
- MBA, University of Texas
- BSIE, Purdue University
Aaron Brown
CTO
- 19 years experience Software, AI and hardware
- Stanley Black & Decker
- Passionate Servant Leader
- Board member, C-Suite executive
- BEng (Hons), RMIT
Summary
Join Ally as an early investor
We believe we are developing the smartest, most affordable, easy-to-service and simple-to-train robotic arms to enable robotics for anyone, anywhere. Through this equity offering, we’re inviting individual investors to purchase an equity stake in our company and join Ally as an early investor.
Click the Invest button to purchase shares, or reach out to us with any questions.
Onward!
– Ally Robotics Team
Disclaimers
Risks of early stage investment. Not an offer to buy or sell securities. This is a long-term speculative illiquid investment. Investment is not FDIC or SiPC insured. You may lose money.
Your investment is binding and irrevocable, although we reserve the right to reject it for any reason or no reason at all. Funds committed will remain in an escrow account maintained by BankProv until such time as a closing occurs. We will not be issuing share certificates; your investment will be solely recorded in book-entry electronic form by WAX, Inc., our transfer agent. Securities offered through OpenDeal Broker LLC, a registered broker dealer, member of FINRA (www.finra.org), member of SIPC (www.sipc.org). We will pay OpenDeal Broker LLC, a registered broker-dealer, a cash commission equal to 6.5% of the amount raised through the Republic Platform. Please review OpenDeal Broker LLC’s Form CRS. OpenDeal Broker LLC may require additional documents or information from you to complete your purchase, you will be contacted by a registered representative in this event.
An offering statement relating to Ally Robotics, Inc.’s Common Stock has been filed with the Securities and Exchange Commission and became qualified on May 12, 2022. Prior to making any investment in Ally Robotics, Inc.’s Common Stock, you should review a copy of the offering circular, or contact Ally Robotics, Inc. by phone at (425) 598-5203. No offer to sell any securities, and no solicitation of an offer to buy any securities, is being made in any jurisdiction in which such offer, sale or solicitation would not be permitted by applicable law.