What is AI Clearing?
AI Clearing, Inc. is an innovative technology firm established in 2020, offering a proprietary AI-driven solution designed to analyze images and data from construction sites and designs. This advanced technology enables contractors, developers, and investors to track infrastructure project progress at an unprecedented speed, reportedly up to 144 times faster than traditional human-powered methods. With a strong research and development presence in Warsaw, Poland, and operations based in Austin, Texas, AI Clearing is positioned to transform project management in the construction industry.
How much funding has AI Clearing raised?
AI Clearing has raised a total of $16M across 2 funding rounds:
Angel/Seed
$2M
Series A
$14M
Angel/Seed (2020): $2M with participation from Inovo, Tera Ventures, and Innovation Nest
Series A (2023): $14M led by Inovo, Prudence, and FJ Labs
Key Investors in AI Clearing
Inovo
Inovo is a seed-stage venture capital firm supporting ambitious founders from Central and Eastern Europe (CEE) with a focus on substantial company growth. They invest between 0.5 million to 4 million euros in multi-vertical industries, valuing innovation and courage in entrepreneurs.
Prudence
Prudence invests in technology companies transforming the real estate sector, focusing on Proptech 2.0 companies leveraging AI and machine learning to create new business models and superior consumer products.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses, and has backed numerous unicorn companies. They seek visionary founders with passion and grit.
What's next for AI Clearing?
The recent major strategic investment signals a new phase of expansion and development for AI Clearing. This substantial backing, part of its $16M in total funding, will likely be directed towards enhancing its AI capabilities, expanding its market reach, and potentially forging new strategic partnerships. The company's focus on accelerating project tracking through AI positions it for significant growth in the construction technology sector, aiming to become a leader in providing data-driven insights for infrastructure development.
See full AI Clearing company page
