Category

News

How tech tackled the construction industry’s inefficiency in 2017

By | News

The year 2017 may be remembered for many things in technology, such as Amazon’s big push into offline retailmilestone moments in autonomous vehicles, or major breakthroughs in artificial intelligence (AI).

But for every jaw-dropping story that hits the tech press, there are broader microtrends that meander under the mainstream radar. And in 2017, one of those related to the construction and real estate industries.

Buildup raises $7 million to make the construction industry more efficient

By | News

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 Raises $7M in Series A Funding

By | News

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 raised 7m

By | News

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.

Construction site management co Buildup raises $7m

By | News

The Israeli company has developed an app to manage complex construction projects and reports that it can speed up construction by 25%.

Israeli mobile collaboration and task management platform for construction jobsites Buildup announced today that it has raised $7 million in Series A financing from TLV Partners, UpWest Labs, 01 Ventures, Abstract Ventures, as well as Check founders Guy Goldstein and Ahikam Kaufman, who joined the round after leading Buildup’s seed financing. In the seed financing stage the company raised $1.6 million led by Goldstein and Kaufman.

Why We Invested In Buildup

By | News

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.

close-link