PinPoint Analytics, founded and led by CEO Jim Carr, offers an AI-driven platform for construction data management and analysis. The platform employs advanced machine learning to analyze large datasets, helping contractors secure more bids, optimize profit margins, and reduce the time required for complex manual estimates. PinPoint also enables municipalities to establish more accurate project budgets, minimizing financial risks and avoiding costly re-bidding. In September 2024 the company raised $3.2M in seed funding to enhance bid accuracy and efficiency. The round was led by HG Ventures and joined by Compose VC, and HG Ventures’ Kip Frey joins the PinPoint Analytics board. The funding is intended to support the company’s product and operational efforts within the road construction sector.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2024