What does Buildots do?
Buildots is a leader in AI-powered construction management that leverages computer vision and artificial intelligence to automate on-site progress tracking, providing construction teams with accurate data and predictive insights.
How much did they raise?
The company closed a $45M Series D funding round led by Qumra Capital, with participation from OG Venture Partners, TLV Partners, Poalim Equity, Future Energy Ventures, and Viola Growth. This round brought its total funding to $166M.
What are their plans for the money?
The funds will be used for further development of its platform and to significantly expand its North American footprint, potentially increasing its market share among top general contractors and project owners.
What have they achieved so far?
Buildots has already established a robust client base, including major construction firms in North America, the UK, and Europe, and has secured strategic agreements and implementations with industry leaders.
