Workorb Secures Seed Funding to Enhance AI-Driven Data Management for AEC Firms
Workorb’s platform streamlines the business development lifecycle for AEC companies, handling everything from RFP qualification and drafting to quality checks and contract reviews.
Company Name: Workorb
Location: Toronto, Canada
Sector: Architecture, Engineering, and Construction (AEC), AI-powered Data Management
Funding Details: Workorb raised an undisclosed amount in Seed funding, led by Metavallon VC and Freedom of Innovation Ventures, founded by SAP Hana creator Sang Kyun Cha.
Purpose of Funding:
The company will use the funds to grow its sales and product development capabilities, enhancing its platform’s functionality and expanding market reach.
About Workorb:
Led by CEO Nick Koudas, Workorb is a cutting-edge AI-powered platform transforming how AEC firms manage their data. The technology automates the cleaning, processing, organization, and curation of crucial project information, including RFPs, proposals, project reports, designs, and 3D Building Information Models (BIM). This vast dataset represents valuable institutional knowledge, yet it often goes underutilized without the right tools. Workorb’s AI-driven solution captures this data seamlessly, converting it into structured, AI-ready resources with zero human intervention.
Product and Innovation:
Workorb’s platform streamlines the business development lifecycle for AEC companies, handling everything from RFP qualification and drafting to quality checks and contract reviews. By automating these processes, Workorb empowers firms to operate more efficiently, reduce manual workload, enhance proposal accuracy, and compete for a larger volume of project opportunities and RFQs. This efficiency allows AEC firms to tap into their accumulated data and achieve improved business outcomes.
Workorb aims to redefine the data management landscape for AEC industries, transforming complex data into actionable insights and facilitating greater productivity.