StructionSite develops an AI-driven construction project monitoring platform that maps 360-degree videos onto project drawings and automatically organizes imagery by location and date. The company built a custom 3D computer-vision engine and machine-learning pipelines to compare installed work against estimates, track progress over time, and enable predictive modeling. StructionSite integrates with partners such as Procore, Latium Autodesk, NewMetrix, Dropbox, and Box to fit into existing workflows. Its platform has been used by more than 400 contractors to capture over $190 billion of construction volume, and active projects on the platform grew threefold year-over-year. The company employs roughly 75 people and plans to use new funds to expand platform capabilities and extend its leadership position in the market. Management also highlights gains in remote work productivity and data-team insights around travel savings and carbon-emissions reduction. StructionSite provides a site documentation solution that applies computer vision and machine learning to automatically detect installed work. The technology generates insights into production rates and contractor performance. Working closely with customers and partners for the last 18 months led to the development of VideoWalk™ for automating site capture with 360 video. The company also introduced SmartTrack™, its newest production tracking product. Led by Matt Daly (CEO) and Philip Lorenzo (Chief Product Officer), StructionSite is headquartered in Oakland, CA. It raised a $1.5M seed financing and will use the funds to grow its Engineering and Customer Success teams.

Total raised

$12M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2022