BuildAi Raises $1.9M for AI-Driven Construction Management
AI-driven construction management platform, BuildAi, has raised $1.9 million in a seed funding round. The company aims to enhance its platform's capabilities to assist project managers in understanding site resourcing and timeframes. BuildAi's platform offers real-time modeling of crucial factors such as trade personnel scheduling, deliveries, supply chain coordination, and equipment management. The recent funding round attracted high-profile construction industry participants and investors, including Marr Contracting, Total Constructions, Galileo Ventures, Markus Preston (CEO of The Preston Group), Angus Kennard (Kennards Hire), and Stuart Ford (former MD of Ford Civil). Despite the high profile of the investors, the identities of other angel investors remain undisclosed. BuildAi will utilise the $1.9 million funding to improve its platform's capabilities, helping project managers better understand and manage site resources and timelines. The company's success in attracting prominent industry investors signals confidence in its innovative approach to construction management.
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