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Fairstead

250 West 55th Street 35th Floor, New York, 10019, United States

Overview

Kwant AI provides a platform that deploys smart-wearable badges and equipment trackers to monitor tradespeople, materials, and equipment across construction, mining, manufacturing, and critical infrastructure sites. The company uses deep learning to deliver accurate x, y, and z positioning of workers and assets and applies AI to group unstructured data and detect patterns across thousands of project data sets. Those insights are used to generate quality recommendations for road mapping and project execution. Kwant supports customers and partners including Delta, DPR, Walbridge, Moretenson, Gilbane, Paric, McCarthy, Alberici, Comcast, and Wesco, serving projects with a portfolio value of over $60bn. The solution is proven in large deployments such as new airports and EV factories, with more than 10,000 construction workers using the technology daily. The company raised $3.9M in seed funding and intends to use the proceeds to facilitate customer expansion, scale the platform, and hire staff.

Total raised
$4M
Funding rounds
1
Latest round
Seed
Latest activity
Apr 2022

Industries

  • Construction
  • Real Estate
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Recent funding

  1. Seed

    Apr 2022

    $4M

Team