Only five Bay Area funding deals were disclosed as venture activities wound down before the Thanksgiving holiday weekend. There will be no TechFlash newsletter on Friday, so this will be the last funding roundup of the week.
Founded in 2013, Palo Alto-based Buildup targets contractors, developers, and property managers with cross-platform software for identifying and fixing tasks and issues related to a job. It includes features such as punch lists, automated task sequencing, quality control tools, subcontractor performance analysis, and more. Ultimately, it’s all about bringing handwritten lists and printed documents into a central cloud-based location.
Buildup, a Palo Alto, CA-based mobile collaboration and task management platform for construction jobsites, raised $7m in Series A funding.
Backers included TLV Partners, UpWest Labs, 01Ventures, Abstract Ventures, as well as Check founders Guy Goldstein and Ahikam Kaufman. As part of the financing, Eitan Bek, Managing Partner at TLV Partners, will join the Buildup board of directors.
The company intends to use the funds to expand its engineering, sales, and marketing teams, while continuing to build out its product offering for construction projects.
Led by CEO Oren Cohen and CTO Yael Sherman, Buildup is a jobsite collaboration platform for construction companies, including developers, general contractors, subcontractors, and property managers. Available on mobile devices and the web, the platform enables companies to identify and resolve tasks and issues with features including dynamic punchlists, easy task creation, automated task sequencing, quality control mechanisms, project insights, subcontractor performance analysis, etc.
Buildup, a California-based startup that offers a mobile collaboration and task management platform for construction jobsites, announced recently that it raised $7 million in a Series A funding round.
Buildup, a Mountain View, Calif.-based mobile collaboration and task management platform for construction job sites, raised $7 million in Series A funding. Investors include TLV Partners, UpWest Labs, 01 Ventures, Abstract Ventures, as well as Check founders Guy Goldstein and Ahikam Kaufman.
Buildup, a Mountain View, Calif.-based mobile collaboration and task management platform for construction job sites, raised $7 million in Series A funding. Investors include TLV Partners, UpWest Labs, 01 Ventures, Abstract Ventures, as well as Check founders Guy Goldstein and Ahikam Kaufman.
The Israeli company has developed an app to manage complex construction projects and reports that it can speed up construction by 25%.
Palo Alto, California-based Buildup Technologies is trying to make construction sites more efficient by introducing digital tools for communication and workflow management
As venture capitalists, we search for a variety of key themes while evaluating potential investments. One such theme is markets in dire need of a technological face-lift. But it is not enough for an industry’s processes to be “outdated”, rather the opportunity to create a large, long-standing businesses must exist as well. Our previous investments in Next Insurance (insurance)and Aidoc (healthcare) are good examples of this. For the past year, we have been looking closely at an industry that fits the above criteria: Construction.
Palo Alto, California-based Buildup, a mobile collaboration and task management platform for construction jobsites, has secured $7 million in Series A funding. The investors included TLV Partners, UpWest Labs, 01 Ventures and Abstract Ventures. In conjunction with the funding, Eitan Bek, a managing partner at TLV Partners, will join the Buildup board of directors.
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