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Reconstruct Secures $17.3 Million To Empower Remote Quality Control &Amp; Progress Monitoring For Construction And Real Estate

Jul 08, 2021•about 4 years ago

Amount Raised

$17.3 Million

Menlo Park

Description

Reconstruct, the leader in AI-powered remote quality control and progress monitoring software, announces its $17.3 million Series B funding round. Led by the Nemetschek Group, a global leader in construction software, along with other leading AEC companies and tech titans – EquipmentShare/Romulus Capital, STO Building Group, ThorntonTomasetti, SHoP Architects, Syska Hennessy, and Asia Pacific Land – this infusion of capital will enable Reconstruct’s integration with industry-leading software like Bluebeam and accelerate global expansion. In addition to these multi-national investors leading the round, the Company boasts 100% participation of its existing shareholders including Serra Ventures and Cultivation Capital.

Company Information

Company

Reconstruct

Location

Menlo Park, California, United States

About

Reconstruct® was founded in 2016 to make the built world a better place to live, work and play. With offices in Silicon Valley and the Midwest and team members located around the world, Reconstruct’s Visual Command Center™ brings together reality capture, design and schedule to provide construction and real estate assets remote quality control and progress tracking.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech