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Easy Floor Robotics – Company Profile
|City:||Tel Aviv||# of Employees:||5|
Management – Lior Ferdman (CEO and Founder), Gavriel Krauss (CTO and Founder)
Funding Status – Easy Floor Robotics has raised 225K$ on the pre-seed round in the crowdfunding round. The next round, the seed round, will begin in January or February 2023.
According to Easy Floor Robotics representatives, their EFR system creates high precision, seamless flooring in half the time compared with traditional flooring methods, and cuts workforce requirements by 75%.
Easy Floor Robotics – Offerings Profile
Primary Target Markets – 1) Manufacturing, 2) Logistics, and 3) Construction
Technology / Product / Service(s) – Easy Floor Robotics automates the process of applying coating to flooring (floor casting) to produce a seamless, resistant result. Their EFR system, which integrates several robots for applying floors and a docking station, can use various materials that are available on the market (such as epoxy).
Value Proposition – In the industrial markets, storage facilities, garages, gas stations, and underground parking lots, there is increasing demand for sealed, seamless flooring. But the manual process of applying coating to floors – mixing, loading the materials into the mixer bucket, casting, painting, sanding, and creating texture – is a demanding and time consuming undertaking.
According to Easy Floor Robotics representatives, their EFR system creates high precision, seamless flooring in half the time compared with traditional flooring methods, and cuts workforce requirements by 75%. The system produces a high-level finish with high accuracy and repeatability. The company estimates that the EFR system could save construction companies more than $1,000 on daily labor costs.
Demand Drivers – Flooring is one of the oldest construction tasks. Although in high demand, there has not been any significant technological breakthrough to reduce the time, complexity and costs of flooring work. Moreover, in many countries, the construction sector is challenged by a severe shortage of skilled labor. The number of workers in the construction industry is decreasing, young people do not want to work in the construction industry. As a result, the average age of construction workers in many industrialized countries is now over 50 years old.
Easy Floor Robotics’ primary competition is with with manual labor… those who know how to apply, level out and coat seamless floors.
Easy Floor Robotics – Business Model(s) and Competition
Business Model – Easy Floor Robotics’ business model is B2B. When collaboration has been established with a chemical company that has worldwide deployment, the robots will be sold. Maintenance and disposable spare parts will be available.
Competitive Landscape – According to Easy Floor Robotics representatives, the company has no direct competitors at this stage. Easy Floor Robotics’ primary competition is with with manual labor… those who know how to apply, level out and coat seamless floors. In the long term, Easy Floor Robotics will be competing with tile, PVC and linoleum installers.
Easy Floor Robotics – Recent News
- Builtworlds Magazine has Named Easy Floor Robotics as One of the 50 leading Companies in the Landscape of Robotic Solutions
- Easy Floor Robotics – The I-Robot of the Flooring Market
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