Funding to Construction Tech Startups Sets Multi-year High in 2015

Construction tech startups have raised nearly $350 million across more than 100 deals since the beginning of 2010

September 30, 2015
CB Insights

Construction tech startups have raised nearly $350 million across more than 100 deals since the beginning of 2010, and deal activity is on pace for a multi-year high in 2015.

Several startups have raised tens of millions of dollars in investor funding.

Here is a list of the top nine investor-backed construction tech startups:

  1. IronPlanet
  2. Procore Technologies
  3. Newforma
  4. PlanGrid
  5. Sefaira
  6. FieldLens
  7. Flux Factory
  8. Getable
  9. Rhumbix

(more on the construction tech startup revolution...)

Companies in this article
Procore Technologies, Inc.
PlanGrid
Newforma, Inc.
IronPlanet
Related
procore company logo 54b58e51ea760
Procore Technologies, Inc.
January 13, 2015
Mange drawings, documents, photos, RFIs, daily logs, submittals, punch lists, project contact directories, timecards and more with the Procore mobile app.
App of the Week: Procore Construction Management Software
December 2, 2014
Document, assign and track jobsite info from any mobile device or the web with FieldLens.
App of the Week: FieldLens
September 2, 2014
The automatic hyperlinking feature uses machine learning to figure out which plans uploaded to the app are related and create links between them.
App of the Week: PlanGrid
August 20, 2013
Recommended
Cu 06112021
The Week's 10 Most-Read Construction Stories: Ford Unveils Maverick Compact Pickup Under $20,000
Why the Top 10 construction stories include modest infrastructure investment could launch commercial construction surge, CA measures long-term performance of rapid-strength concrete pavement repairs, Biden concedes to 15% tax floor to fund infrastructure
June 11, 2021
Adobe Stock 164946087
First Major Davis-Bacon Senate Vote in 10 Years Preserves Prevailing Wage
Vote June 8 on amendments to a package of bills designed to invest in US competitiveness with China ensures support not just for semiconductor manufacturers, but workers that drive their productivity
June 9, 2021
NEW ROUGH TERRAIN LINE
Sponsored
NEW ROUGH TERRAIN LINE
The new line of JLG Rough Terrain Scissors has an answer for every task. When we say upgrade, we mean business – yours.
June 3, 2021
Latest
Shown is a rendering of the $33 million state-of-the-art Vehicle Propulsion Lab, which is expected to be completed in Q2 2023.
Volvo Group Breaks Ground on State-of-the-Art Vehicle Propulsion Lab in the U.S.
The VPL will be the first facility in North America to allow comprehensive testing of current and future products for Volvo and Mack Trucks.
June 9, 2021
Komatsu Smart Construction Dashboard Collage
Komatsu Smart Construction Dashboard Provides Near Real-time Visual Jobsite Status
Dashboard enables progress tracking, quantity calculations and accurate 3D visualization for actual site conditions.
June 9, 2021
In Eight
InEight, Microsoft Dynamics 365 Launch Construction 365
Construction 365 offers a complete view of construction projects by unifying data from the back office to the jobsite and across the project lifecycle.
June 9, 2021
Ground Breakers Logo 1920x602 5f623336a6484
Using Data to Improve Work Zone Safety
Connected vehicle technology can help project planners better manage these dangerous jobs
June 9, 2021
Microsoft Teams Image (2)
The Importance of Innovation for Construction Contractors
Being willing to try new technologies and processes will keep you ahead of your competition as work starts to pick up
June 9, 2021
Propeller Dirtmate
Propeller DirtMate Machine Sensors
Easy to install, cost-effective survey grade machine sensors provide up-to-date volumes and productivity data on a daily basis.
June 8, 2021
Komatsu D39 P Xi 24 Working
Komatsu D39i-24 Dozer
3D design data can be programmed directly into the D391i-24, enabling automatic dozing from rough cut to finish grade.
June 8, 2021
Zello Dispatch Hub
Zello Launches Dispatch Hub for Safer Driver-Dispatch Communications
Dispatch Hub is a new solution that modernizes dispatcher-driver communications with push-to-talk technology, dispatcher workload sharing, call queuing, location tracking and message replay.
June 8, 2021
Sysdyne Cloud Batch
Sysdyne Releases Concrete Cloud Batch Control System at World of Concrete
Sysdyne Technologies has launched the world’s first cloud-native concrete batch control system, Pioneer Cloud Batch.
June 8, 2021
Soracom and EXACT Technology
Concrete Monitoring, Software Companies Partner on Infrastructure Planning
Soracom and EXACT Technology are working together to ensure concrete used to build highways, bridges, dams, buildings and other large infrastructure projects cures properly and is built to last.
June 8, 2021
Advanced Map On Laptop
FleetUp and Alert Rental Partner to Help Rental Companies
FleetUp integrates into Alert’s software to automate the most important parts of the delivery process, giving customers real-time shipment GPS locations and ETAs.
June 7, 2021
Yellow Bird And Npl Case Study Image 1
On-demand Platform Matches Contractor with EHS Consultant in Just Three Days
NPL Construction used YellowBird to fill a last-minute on-site safety manager position, enabling its project to meet requirements and stay on track.
June 4, 2021
Retrieving data from a piece of equipment and making the most of that data continues to be an area in which telematics technology is evolving.
Telematics Go Beyond Fleet Management
Continued advancement in telematics technology is bringing about more data collection and predictive maintenance capabilities for OEMs and end-use customers.
June 5, 2021
Buildots Releases First AI-powered Mobile Control Room for Construction Sites
The mobile "control room" gives project managers access to full control of every activity on the construction site on the go.
June 5, 2021
OpenSpace AI imagery
Top New Construction Tech Stories of May 2021
These are the top new construction tech stories you were reading most in May.
June 4, 2021
Surveyors place Propeller AeroPoints on their worksite, then fly the WingtraOne drone to collect worksite survey data.
Propeller Aero and Wingtra Partner to Deliver Faster, Smarter Drone Earthworks Surveys
Propeller's drone data collection processing software paired with Wingtra's professional VTOL drone technology can improve accuracy, efficiency, consistency and savings across global earthworks sites.
June 3, 2021
Propeller Aeropoints
Propeller AeroPoints
GPS-enabled smart ground control points deliver the same precision as traditional surveying solutions.
June 2, 2021
Propeller Ppk1
Propeller PPK
Solution minimizes time in the field for surveyors, reduces drone photogrammetry to drag and drop and makes earthworks more accurate.
June 1, 2021
Cat Command is designed to remove the operator from the machine, enabling safe operation in hazardous areas.
Caterpillar Takes Home Edison Awards Gold with Cat Command for Construction
Cat Command for Construction received gold in the Edison Awards’ Smart Productivity Tools – Living & Working Environment category.
June 2, 2021
Katerra Catalyst building
Construction Startup Katerra Shutting Down
Months after receiving a $200 million investment, the company has announced it's closing.
June 2, 2021
Civil Image Trimble Roadworks Paving Control Platform For Asphalt Pavers 3 D 1 High Resolution
Using Technology to Improve Paving Results & Profits
The use of data during the paving process can help asphalt contractors build better roads more efficiently
June 2, 2021
Propeller Platform1
Propeller Platform
Cloud-based data visualization and analytics platform enables users to view the entire site with a realistic 3D model.
June 1, 2021
Mitsubishi
Mitsubishi Logisnext Americas Advanced PowerFleet Telematics Solution
Together, PowerFleet and Logisnext have teamed-up to introduce the new PowerFleet Enterprise Telematic Solution to customers across North America.
May 27, 2021
TennaTALKS with ForConstructionPros
Sponsored
TennaTALKS with ForConstructionPros
Tenna talks with ForConstructionPros and industry insiders in this TennaTALK podcast mini-series to inform the construction industry about business systems and tech trends built for construction companies owning and operating an equipment fleet.
June 4, 2021