Buildots Secures $15M to Enhance AI-Powered Construction Management
Buildots is transforming the construction industry by integrating AI-powered progress tracking and analytics software.
Company Name: Buildots
Location: Santa Clara, CA, USA
Sector: Construction Technology, Artificial Intelligence
Funding Details: Raised $15M in funding. The round was led by Intel Capital, with participation from OG Tech Partners and previous investors. Lisa Cohen, Investment Director at Intel Capital, will join as a board observer.
Purpose of Investment: To expand operations and enhance development efforts.
Leadership: Founded by Aviv Leibovici, Yakir Sudry, and Roy Danon, with Roy Danon serving as a prominent voice on the company's progress and vision.
Product: Buildots utilizes AI and computer vision to automate progress tracking on construction sites. The platform equips construction teams with critical data and predictive performance metrics, facilitating data-driven decision-making. This enhances project visibility and efficiency, reduces delays, improves error detection, and ensures successful project delivery.
About Company: Buildots is transforming the construction industry by integrating AI-powered progress tracking and analytics software. This innovation is driving a shift towards performance-driven construction management. The company's technology is increasing efficiencies in large-scale construction projects across North America, the UK, and EMEA. With the support of Intel Capital, Buildots is poised to propel the construction sector into a more efficient and controlled future, eliminating guesswork and providing precise oversight to decision-makers.