What is Assignar?
Founded in 2013 and headquartered in Denver, Colorado, Assignar offers a cloud-based SaaS platform designed to enhance efficiency in construction operations. The software provides end-to-end, real-time management of a company's workforce, assets, safety, and compliance. By digitizing critical operational workflows, Assignar empowers construction contractors to improve productivity and reduce operational overhead. The platform's comprehensive features address the unique challenges faced by subcontractors and general contractors in managing complex field operations.
How much funding has Assignar raised?
Assignar has raised a total of $23M across 2 funding rounds:
Series A
$3M
Series B
$20M
Series A (2017): $3M with participation from Innovation Fund
Series B (2021): $20M led by Tola Capital, Ironspring Ventures, and Fifth Wall
Key Investors in Assignar
Tola Capital
Founded in Seattle, Washington, Tola Capital is a venture capital firm that focuses on enterprise software companies.
Fifth Wall
Fifth Wall is the largest venture capital firm focused on technologies for the global real estate industry (property technology or "proptech"). With $1 billion capital under management across three funds, Fifth Wall connects the world's largest owners and operators of real estate with the technology entrepreneurs who are redefining the future of the physical environment.
Innovation Fund
Our Innovation Fund, LP is an Australian based venture capital firm that invests in innovative high growth businesses, led by a team of proven business builders with a long track record of backing leading entrepreneurs.
What's next for Assignar?
The recent major strategic investment signals a pivotal phase for Assignar, likely enabling accelerated product development, market expansion, and enhanced customer support. With a focus on enterprise-level solutions, the company is well-positioned to capitalize on the increasing demand for digital transformation within the construction industry. Future growth may involve further integration of advanced analytics, AI-driven insights, and broader platform capabilities to solidify its market leadership and support the evolving needs of its clientele.
See full Assignar company page
