TraceAir
1741 Broadway 2nd floor, Redwood City, CA, 94063, United States
Overview
TraceAir provides construction site analysis and management solutions for land development and homebuilding. Its platform captures 3D project data and empowers construction teams by saving time and reducing the risk of errors and delays. The company is used by industry leaders including DR Horton, Howard Hughes, and Lennar. TraceAir's core product focuses on site intelligence to streamline workflows for land development and homebuilding. The company plans to develop and roll out new products that use predictive analytics to boost workflows and drive greater efficiency and automation across the industry. TraceAir is co-founded by Maria Khokhlova, Dmitry Korolev, Alexander Solovyev, and Nikita Ushakovhave and is based in Seattle, WA. TraceAir builds drone-based site-scanning software that helps construction teams spot errors and plan earthmoving operations more efficiently. The company offers tools such as Haul Router, which generates mathematically optimized haul roads from drone scans and exports results for grading equipment. TraceAir has positioned its platform to support remote collaboration and project management amid pandemic-related site constraints, per CEO Dmitry Korolev. The startup said it will use new capital for sales, marketing, and future product development, including an unnamed product due this quarter. TraceAir is Bay Area–based and has been covered in the press since at least 2016 for its drone inspection approach. Its solution competes with a range of technologies aimed at automating site scanning and construction verification.
- Total raised
- $29M
- Funding rounds
- 2
- Latest round
- Series B
- Latest activity
- May 2024
Industries
- Analytics
- Cloud Computing
- Construction
- Drones
- Software
Recent funding
Series B
May 2024
$25M
Series A
Jan 2021
$4M