Buildots Raises M

By VC News Daily

SANTA CLARA, CA, Today, Buildots, an award-winning AI construction software company, announced a $15 million investment.

The round was led by Intel Capital with participation from OG Tech Partners and previous investors. In conjunction with the financing, Lisa Cohen, Investment Director at Intel Capital, will join as a board observer.

Buildots is a global construction technology leader bringing the power of AI and computer vision to automate on-site progress tracking. The platform provides construction teams with accurate data and previously unavailable predictive performance metrics, empowering them to make data-driven decisions. Buildots’ platform improves project visibility and efficiency, leading to reduced delays, enhanced error detection, and successful delivery of projects. Buildots is helping increase efficiencies of large-scale construction projects across North America, the UK and EMEA.

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Source: VC News Daily