SiteAware Raises $15 Million Series B to Drive the Evolution of Construction Using AI
SiteAware, the pioneers of Digital Construction Verification (DCV) technology, announced today a $15 million Series B financing round led by Vertex Ventures, with participation from existing investors Bosch, Axon, Orizon, and lool Ventures. The company plans to use the funds to further scale its industry presence and to make Digital Construction Verification the new standard throughout the US construction industry. SiteAware was created to help contractors and developers overcome these challenges. The company's unique AI-powered DCV platform turns every construction element from the project plans into tagged data to create a digital twin of the building under construction. Each stage of new construction, be it the core, shell, or interior, is documented using drones, on-sitecameras, or people on the ground.
Jan-26-2022, 13:08:03 GMT
- Country:
- Asia > Middle East
- Israel > Tel Aviv District > Tel Aviv (0.06)
- North America > United States
- Texas > Harris County > Houston (0.17)
- Asia > Middle East
- Genre:
- Press Release (1.00)
- Industry:
- Banking & Finance > Capital Markets (0.93)
- Construction & Engineering (1.00)
- Technology: