Ally Robotics is creating a low-cost, no-code robotics platform, and you can invest today!
The world is increasingly, and inevitably, moving towards automation. This doesn’t mean everyone will be out of a job, but rather these platforms can work as a force multiplier for existing business models. Robotics and automation can allow for more work to be accomplished using a smaller number of people and then, ideally, result in higher paying jobs due to this increased output. One of the main issues, however, is the fact that robotics platforms currently are neither cheap nor attainable to most businesses. This pretty much directly contradicts most of the previous ideas because if adding automation ultimately results in millions of dollars in expenses, then it’s likely cheaper to just hire more employees. As well, many platforms require coding skills, confusing software, or specialists to operate platforms that realistically aren’t that adaptable. This creates a massive barrier to entry for everyday businesses to implement automation and robotics into their businesses.
About Ally Robotics
Ally Robotics is looking to solve this issue by creating an easy-to-afford, no-code platform designed around imitation learning. This means that you can teach the robot how to complete tasks through demonstration, making it incredibly easy to use for all skill levels. The idea is like most AI-focused platforms: Reinforcement learning. AI, in most instances, isn’t actually what it seems. In reality, programs simply run through various scenarios hundreds, or even thousands and millions, of times and then record the results based on various limitations set out in their programming. Eventually, these programs, or in this case a robot, can use those results to replicate those favorable courses of action. However, once you actually get those results, the robots typically become quite “smart” in that they know what to do or not to do based on all those scenarios they played out.
More importantly, however, is the result of this ‘machine learning.’ That result being how easy it is for nearly anyone to learn how to use the platform. There’s a growing number of advanced degrees in the U.S. which means people are less likely to work in industries like food service or line workers in manufacturing.
This poses several issues. First, restaurants and similar industries will find it increasingly difficult to find workers and will need a way to supplement that shortfall. Second, these industries already have incredibly low margins, which generally results in low wages for employees. This forces people to get those higher degrees and increasingly forces the country into issues, as you see now with the student debt crisis. Robotics platforms like this means even people with a high school education could operate this platform, and thus a restaurant, for example, could see drastically higher output on less workforce, resulting in a competitive wage for those employees.
Ally Robotics Traction & Investors
While the company is still an early-stage startup, they actually do have some traction in the form of a deal with Miso Robotics to sell robotic arms to the company worth as much as $30 million in lifetime revenue. This means they will have a bit of a running start going into things, but they’re also currently looking to raise $8 million+ to really throw some gasoline on the fire. However, given the limited options and competitive price point from Ally Robotics, this could quickly gain more traction.
The Robotics industry is one of the fastest growing industries out there currently, with an estimated CAGR of nearly 23% going into 2023. So, there is a massive market opportunity, Ally Robotics is carving out an interesting corner of the market.
While there are some competitors in the space for both smart software-oriented companies and even those with more accessible price points, there aren’t many great options that combine the two for universal applicability. It will definitely be exciting to see what comes of this robotics startup.
Can you invest you Ally Robotics?
Yes! Anyone can invest in startups, including you! If you want to learn more about the investment side of this, head over to their campaign page here:
How to Invest in Ally Robotics?
Once you’re at the campaign page above, simply make an account on the Wax Invest site, then hit the “invest” button in the top right corner. It will give you a series of questions to fill out, then simply fill out that information completely, and if you did it correctly, you will receive a confirmation email with the number of shares you purchased and an agreement for those shares.
What is Ally Robotics Valuation and Stock Price?
It’s important to note there’s a difference between stock price and valuation. The stock price is a generally arbitrary number made up so investors can track the price of their investment and determine valuation. In order to find the valuation, you simply take shares outstanding and then multiply that by the share price. Here, that means:
Share Price: $2.70
Shares Outstanding: 9.25 million
Valuation: $25 million ($2.70 x 9.25 million)
Learn More About Ally Robotics
If you want to learn more about Ally Robotics as a company or as an investment, here are some great resources to check out:
If you are looking for information as an investor, check out their Offering Circular and which will tell you everything you need to know about the company. You can find that here.
As an investment, another great place to look is just their investment page seen above.
Lastly. you can check out their website here: https://allyrobotics.com/
Ally Robotics is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained from: Ally Robotics