Deployment capability
who can build and fix what.
Capital on the line
We are building the index for industrial automation.
Others write loans. We underwrite the deployment of physical AI.
We price the gaps between quote, technical capability and automation in production. We are the delta between more deployments or less production. That is the yield.
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The dataset the category never had
Contract
the terms actually signed.
Quote line items
what each line really costs.
Assets
every machine, valued weekly.
Financial
accounts, ten years back.
Telemetry
coming soon.
Assets
1,500
Sources tracked
5,000
OEMs
80+
Types of robots
50+
Others just fund the machine because it's the only value they can see. The rest of the deployment is engineering, software, integration and commissioning. We back all of it.
Our engine parses the book of robotic deployments
- 01
Tenor
Reads the project. All components, system, line, capabilites and objectives - technically, commercially, contractually and temporally.
Inside the technology
- 02
Maestro
Our AI prices the dense continuum of a project's topology. Hundreds of thousands of options, solving for the ones not available before.
Inside the technology
- 03
Opera
Translates our granular technical variables and financial parameters into the language of the shop floor.
Inside the technology
Priced before it is ever a deal
Origination runs through the integrators who control access to the deployment.
Day-zero capital, whole-project underwriting and deal registration are why the term sheet is never shopped. No auction, no broker list, no page of comparable offers.
The same two documents open every deal and the same ten-page analysis comes back: what we can do, what we would need, where the risk sits. The structure is identical on every one, so volume compounds without diluting the underwriting.
The first depreciation curve for physical AI
Residual value as a percentage of new against age in years. The curve falls from 100% at age zero to about 18% at eight years, steeply over the first two years and shallowly after four.
Residual, % of new
18%8 years
100%
50%
0
4
8 years
real transactions, written back weekly
one anonymized OEM family, timestamped to last read
Per OEM and SKU
Residual percent of new, over age - first derivative tracked weekly.
Volume and velocity by price
Rising listings in abundance and falling prices are visible to us early, seen over time.
Reading the market book
Realized prices write back into our curve.
When the book receives a hard cover
01
Secured revenue
We unlock projects, not spreadsheets.
02
Milestone escrow
Money flows against our technicals, set before start.
03
Execution recourse
With delivery of technicals, payment is unconditional.
04
Technical authority
Qualified the engineering to our standards.
05
Step-in
A stalled build gets finished, not recovered.
Granular by design
From $100K, graduate to $10M+. Concentration managed by jurisdiction, customer and technical exposure. Granular and uncorrelated across industries.
$100K-500K
$500K-1M
$1M-10M
$10M+
Key advise & support
