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Construction Tech

Technologies and processes that revolutionize the traditional construction industry

Overview

Construction Tech refers to platforms and integrated solutions that support construction companies, contractors, architects, engineers, and suppliers throughout building workflows such as project planning, workflow and process allocation, on-site task management, monitoring and other related construction activities. 

These new solutions are helping construction companies to digitize aspects, such as project management and procurement, while providing the tools required to connect with equipment owners and other contractors to obtain services. Technologies such as AI, combined with drones and aerial imagery, are enabling analytics that help monitor construction progress and proactively identify safety risks, with more advanced uses of the technology being seen in the development of construction site robotics and autonomous construction machinery.

Note: Currently, we do not actively cover this industry, but we have identified it as a potential industry to add to our coverage.

More details

Market Mapping


Incumbents
Growth
Early
Seed
Pre-Seed
Project Management Software
?
Equipment Purchasing and Rental
?
Contractor Marketplaces
?
Data Capture and Analytics
?
Procurement and Inventory Management
?
Construction Robotics
?
EquipmentShare
EquipmentShare
EquipmentShare
EquipmentShare
EquipmentShare
EquipmentShare
Trimble
Hilti
Autodesk
Procore
Assignar
Rhumbix
Bridgit
RedTeam
BaseStone
Alice Technologies
Disperse
Reconstruct
Fieldly
DigiBuild
Sunstate Equipment
United Rentals
Sunbelt Rentals
ABC Rentals
Acme
EquipmentShare
Opifex
Dozr
BigRentz
YardLink
Getable
Machinery Partner
Rated People
BuildZoom
Sweeten
GoContractor
Weaver
Billdr
Configure
Group up construct
OpenSpace
DroneDeploy
Versatile
DroneBase
Rhumbix
Urbint
TraceAir
AirWorks
RenoRun
Kojo
YardLink
Site Passport
Built Robotics
Dusty Robotics
Canvas Construction
Diamond Age
SafeAI
GreyMatter Robotics
Teleo
Toggle
Civ Robotics

The Disruptors


Project Management Software

?

Disruptors

?
Funding in USD Millions
Procore
Public - Market cap USD 6.9 bn
Alice Technologies
49
Assignar
47
Rhumbix
46
Bridgit
37
RedTeam
35
Disperse
33
Reconstruct
28
BaseStone
2
Watchlist
?
Fieldly
DigiBuild

Equipment Purchasing and Rental

?

Disruptors

?
Funding in USD Millions
EquipmentShare
1564
Opifex
65
Dozr
35
BigRentz
31
YardLink
20
Getable
11
Watchlist
?
Machinery Partner

Contractor Marketplaces

?

Disruptors

?
Funding in USD Millions
BuildZoom
24
Sweeten
20
Rated People
16
GoContractor
7
Group up construct
Unknown
Watchlist
?
Weaver
Billdr
Configure

Data Capture and Analytics

?

Disruptors

?
Funding in USD Millions
OpenSpace
200
DroneDeploy
143
Urbint
109
Versatile
109
DroneBase
59
Rhumbix
46
TraceAir
12
AirWorks
10

Procurement and Inventory Management

?

Disruptors

?
Funding in USD Millions
RenoRun
164
Kojo
84
YardLink
20
Watchlist
?
Site Passport

Construction Robotics

?

Disruptors

?
Funding in USD Millions
Built Robotics
112
Dusty Robotics
69
Diamond Age
58
Canvas Construction
43
SafeAI
26
GreyMatter Robotics
25
Teleo
12
Toggle
12
Watchlist
?
Civ Robotics

Procore

Procore is a software company that provides cloud-based construction management software. It offers Procore, a cloud-based construction project management software solution to manage vital project data and Procore Mobile, a mobile construction application that enables users to review, create, edit, and share project data with team members from various locations. The company helps firms drastically increase project efficiency and accountability by streamlining and mobilizing project communications and documentation. Procore also provides Procore Drive, a document management platform with file upload and downloads that allows teams to share and collaborate on files without the impediments of FTP clients or other cumbersome file sharing solutions and CurrentSet, a drawing management application that organizes construction drawings into one master set and Procore Construction OS, a cohesive platform that connects people, applications, and devices to create a frictionless construction process. Its software manages various construction projects that include industrial plants, office buildings, apartment complexes, university facilities, retail centers, and more. It was founded in 2003 and headquartered in Carpinteria, California.

Segment:
Project Management Software
Total funding:
USD 650.0 million
Disruptor Funding History

Project Management Software:

Procore
Alice Technologies
Assignar
Rhumbix
Bridgit
RedTeam
Disperse
Reconstruct
BaseStone
Fieldly
DigiBuild

Equipment Purchasing and Rental:

EquipmentShare
Opifex
Dozr
BigRentz
YardLink
Getable
Machinery Partner

Contractor Marketplaces:

BuildZoom
Sweeten
Rated People
GoContractor
Weaver
Billdr
Configure

Notable Investors


No investor data is available

Funding data are powered by Crunchbase
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