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Real Estate and Construction Tech Series B Founded 2015

SiteAware

SiteAware is a construction technology company that provides the first AI-powered quality management platform built for the construction industry, verifying every installed element and flagging real-time deviations in structure, envelope, and interior construction to prevent expensive rework. The platform uses drone-based data capture combined with AI analysis to deliver 100% verification of all installed elements,…

📍 Houston, United States · Construction Tech,

Funding snapshot

Last roundSeries B
Amount$15M
Date26 January 2022
Total raised$30M
Team size55

About

SiteAware is a construction technology company that provides the first AI-powered quality management platform built for the construction industry, verifying every installed element and flagging real-time deviations in structure, envelope, and interior construction to prevent expensive rework. The platform uses drone-based data capture combined with AI analysis to deliver 100% verification of all installed elements, providing actionable data built for the field. SiteAware's quality management covers three core construction phases: Core, achieving precision with real-time concrete verification ensuring full compliance with design on every pour; Shell, providing layer-by-layer facade verification to catch issues before the swing stage moves, preventing water infiltration and eliminating long punchlists; and Interiors, verifying clearances, layouts, rough-ins, and systems before closing walls to ensure seamless installation while documenting what is behind the finishes. The platform serves business executives with portfolio-wide data analytics for measuring and comparing performance and risk, project leaders with real-time data for managing trade partners with precision, and trades with real-time alerts ensuring accurate installation and protecting profit margins. SiteAware's technology enables improved decision-making, minimizes costly errors, and ensures projects are completed on time and within budget by keeping all team members from field to office aligned with project goals. The platform has been deployed on major construction projects including Google Tower in Austin, Salesforce Tower in San Francisco, Texas Tower in Houston, Hudson Yards-The Spiral in New York, and One Bennett Park in Chicago. Founded in 2015 and headquartered in Houston, Texas, SiteAware has raised $30.0M in Series B funding from investors including Axon, Lool Ventures, Power Capital Ventures, The Flying Object, Robert Bosch Venture Capital, Horizon Capital, Battery Ventures, 31VENTURES, Vertex Ventures Israel, Horizon 3 Venture Capital, Global Brain, Kluz Ventures, LocalGlobe, Florida-Israel Business Accelerator, and RealTech.

Business model

Digital Twin > Digital Twin Platforms > Products > Construction,

Construction Tech > Project Management > Site Monitoring > Quality

Founders & team highlights

Serial Founder

Team background

College Wise > INSEAD

Institutional investors

Axon Lool Ventures Power Capital Ventures The Flying Object Robert Bosch Venture Capital Horizon Capital Battery Ventures 31VENTURES Vertex Ventures Israel Horizon 3 Venture Capital Global Brain Kluz Ventures LocalGlobe Florida-Israel Business Accelerator RealTech

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