3 years ago

Buildots Secures $60 Million Series C to Expand Construction Management Platform

  • Buildots, a construction management startup based in Tel Aviv, Israel and London, UK, has raised $60 million in Series C funding led by Viola Growth and Eyal Ofer’s O.G Tech

  • The company plans to use the funding to expand its solution to support more workflows within construction teams

  • Buildots uses AI and computer vision to provide a construction management platform that uses hardhat-mounted cameras to capture imaging of every detail of an ongoing project during regular site walks

  • The data is then analyzed using AI models to transform random visual data into actionable insights that are correlated with the project’s designs and schedule

  • Buildots is expanding its product offerings beyond operational management to also support commercial and planning teams

  • For scheduling, two-way integrations with planning platforms Oracle Primavera P6, Asta Powerproject and Microsoft Project allow instant timeline updates

  • For commercial roles, Buildots provides monthly progress reports that validate subcontractor payment applications within seconds, improving transparency and increasing collaboration in the industry

      • ProblemTechnology

      "Buildots is addressing the challenge of enhancing construction project management through the use of AI and computer vision technologies."

      Solution

      "The startup offers a platform that utilizes AI and computer vision to improve construction management, enabling construction teams to better track and manage projects."

      Covered on