Parspec
Highly Engaged Employees
Software · California, United States · 51-200 Employees
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Overview
Headquarters
San Francisco, California, United StatesWebsite
www.parspec.ioRevenue
$16.8 MillionIndustry
About Parspec
Parspec Org Chart
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Parspec financials insights
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Angel/Seed
$11.5M
Series A
$20M
Parspec Tech Stack
A closer look at the technologies used by Parspec
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Parspec News & Media
North America Venture Funding Surged In First Half Of Year As Q2 Held Strong
Funding to North American startups surged in the first half of 2025, fueled by investor enthusiasm around artificial intelligence, overall pouring $145 billion into seed through growth-stage rounds for U.S. and Canadian companiesExclusive: AI-Powered Construction Procurement Startup Lands $20M Series A
Parspec, a startup using artificial intelligence to improve efficiency in the construction industry supply chain to help sales agents and wholesale distributors “efficiently bid and supply” construction products, has raised $20 million in a Series A funding, the company told Crunchbase News exclusively.The Real Risk of Google's Race Riot; Why Microsoft Took a Stake in Mistral
First, some news. As generative AI has seeped into a number of industries, from law to healthcare, industry-specific large language model startups have proliferated, as we showed in this analysis. But I was still surprised to come across a startup working to apply AI in a traditionally unsexy ...Parspec Announces $11.5M Seed Funding led by Innovation Endeavors, bringing the power of AI to construction product procurement
PALO ALTO, Calif.--(BUSINESS WIRE)--Parspec, an AI-powered software platform that streamlines the selection and sale of construction products, today announced its oversubscribed $11.5 million seed round. Innovation Endeavors led the investment, with participation from Building Ventures, Heartland Ventures, and Hometeam Ventures. Two investors joined the board in connection with the investment: Innovation Endeavors’ Josh Rapperport as a board member and Building Ventures’ Allen Preger as a board
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Frequently Asked Questions Regarding Parspec
Parspec is a technology company focused on streamlining the procurement process for construction materials, starting with lighting and electrical products. Founded in 2021 and headquartered in San Francisco, California, Parspecs AI-powered platform supports product selection, quoting, and submittal preparation for sales agents and distributors.... Read More