Buildots

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Buildots Raises $60 Million, Expanding AI Solution To Provide Real-Time Knowledge Across The Entire Construction Process

Date:

Topics: funding event

Organizations: Buildots

Buildots, which uses AI and computer vision to modernize construction management, today announced a $60 million Series C round mutually led by Viola Growth and Eyal Ofer’s O.G. Tech along with existing investors TLV Partners, Lightspeed Venture Partners, Future Energy Ventures and Maor Investments. Buildots will use the new funds, secured less than a year after the company’s series B raise, to expand its solution to support more workflows within construction teams.

“This funding round is fueling an essential expansion to our product offering, which in the process moves us closer to our vision of connected construction,” said Roy Danon, co-founder and CEO of Buildots. “Facilitating better decision-making for construction teams is a key step in moving the entire industry towards greater collaboration and efficiency.”

Read more at Buildots Blog