Assembly
New accelerator entry · 2015-04-25 · the record
In their words
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.
What the record says
- One of 141 companies held here in B2B › Supply Chain and Logistics.
No investor is drawn from a Form D — the form states how many invested and never who. The one investor on this graph is named because a batch has exactly one.
The full profile
Source Check, INVEST, RECRUIT and Press Requests on Assembly
- Source Check — verify what Assembly states, against the registers that hold it.
- INVEST — size up this company on the figures its record states.
- RECRUIT — see who is already on the team.
- Press Requests — connect with Assembly for a story.
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Sourced from the company's Y Combinator directory entry.