Founded in 2022, Toronto-based Provision develops an AI platform that streamlines pre-construction workflows for estimators at large contractors. The software parses drawings, specs, and other project documents to surface risks, scope gaps, opportunities, and pricing details, effectively acting as a co-pilot in the estimating process. Current customers include international builders such as Ferrovial, EllisDon, PCL, Bird Construction, Acciona, and Colas. With its newly raised capital, the team plans to accelerate product development and introduce additional capabilities like its forthcoming Scope Agent tool. Provision’s value proposition centers on increasing bid accuracy and speed, helping contractors reduce costly errors and improve win rates. While no revenue or user metrics were disclosed, the company positions itself as a critical AI layer in the $16 T global construction market. The founders, Luigi La Corte and Brendan Ardagh, aim to deepen integration into core estimating workflows and expand adoption across major construction firms.

Total raised

$7M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2025