What is Assignar?
Founded in 2013 and headquartered in Denver, Colorado, Assignar offers a cloud-based SaaS platform designed to enhance construction contractor efficiency. The software provides end-to-end, real-time management of a company's workforce, assets, safety, and compliance. By centralizing operational data, Assignar empowers construction firms to streamline workflows, improve resource allocation, and ensure adherence to regulatory standards, positioning itself as a key player in the construction technology landscape.
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 Ironspring Ventures, Fifth Wall, and Tola Capital
Key Investors in Assignar
Innovation Fund
Innovation Fund is an Australian-based venture capital firm that backs innovative, high-growth businesses, with a focus on entrepreneurs and a proven track record in supporting leading companies.
Fifth Wall
Fifth Wall is the largest venture capital firm focused on technologies for the global real estate industry, connecting major property owners and operators with technology innovators.
Tola Capital
Tola Capital is a Seattle-based venture capital firm that specializes in investing in enterprise software companies.
What's next for Assignar?
With the recent major strategic investment, Assignar is poised for accelerated expansion and product development. The company's focus on providing critical operational tools for subcontractors and general contractors aligns with the broader industry trend towards digitalization and enhanced field management. Future growth is likely to involve scaling its sales and marketing efforts, further enhancing its platform capabilities, and potentially exploring new market segments or geographic regions. This latest round of financing signals strong investor confidence in Assignar's business model and its ability to capture a larger share of the construction software market.
See full Assignar company page
