ATLANTA, GA, Document Crunch, the construction industry’s only document compliance platform, today announced it has raised $21.5 million in Series B funding.
The round was led by Titanium Ventures and includes participation from key strategic partner Nemetschek Group, along with major construction companies such as Andres Construction and Satterfield & Pontikes, plus existing investors, including Navitas Capital, Zacua Ventures, Fifth Wall and Ironspring Ventures. In addition to the raise, the company will add Yash Patel, General Partner at Titanium Ventures as a new member to its Board of Directors.
Document Crunch is the document compliance platform for construction. Leveraging proprietary AI and machine learning, it simplifies construction documents, quickly identifying critical risks and providing guidance so teams can make great decisions throughout the entire project lifecycle. The company is on a mission to empower everyone in the construction industry to understand what’s in their contracts.
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By VC News Daily
Source: VC News Daily