What is BuildingConnected?
Founded in 2012 and headquartered in San Francisco, BuildingConnected operates a sophisticated preconstruction platform designed to bridge the gap between real estate owners, general contractors, and subcontractors. The platform serves as a centralized digital hub that enables stakeholders to manage project bids, qualify vendors, and optimize communication throughout the pre-build phase. By replacing manual, spreadsheet-heavy workflows with a unified, data-driven interface, the company enhances transparency and efficiency in complex construction projects. Its market position is defined by its ability to integrate seamlessly into the existing workflows of large-scale construction firms, effectively becoming the system of record for project procurement and vendor management.
How much funding has BuildingConnected raised?
BuildingConnected has raised a total of $47.7M across 4 funding rounds:
Other Financing Round
$2.2M
Series A
$8.5M
Series B
$22M
Other Financing Round
$15M
Other Financing Round (2014): $2.2M with participation from Eric Schiermeyer, Darren Bechtel, Freestyle Capital, Homebrew Ventures, Kris Gale, and Zachary Aarons
Series A (2015): $8.5M led by Bee Partners, Freestyle Capital, Brick & Mortar Ventures, Homebrew Management LLC, and CrossLink Capital
Series B (2017): $22M supported by Lightspeed Venture Partners, Freestyle Capital, Crosslink Capital, and Homebrew Ventures
Other Financing Round (2018): $15M featuring Brookfield Ventures
Key Investors in BuildingConnected
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, fintech, and infrastructure.
Freestyle Capital
Freestyle VC is an early-stage venture capital firm recognized for supporting technology companies during their initial funding rounds and fostering long-term growth through strategic guidance.
Brookfield Ventures
Brookfield Corporation is a leading global investment firm focused on building long-term wealth through the management of high-quality real assets and critical infrastructure networks.
What's next for BuildingConnected?
With the support of its latest strategic investment, BuildingConnected is well-positioned to deepen its penetration into the global construction market. The company is expected to focus on expanding its feature set to include more advanced analytics and predictive modeling, further cementing its status as an essential tool for modern project delivery. As the industry continues to undergo a digital transformation, BuildingConnected's focus on high-quality asset management and operational efficiency will likely drive further adoption among top-tier general contractors and real estate developers. The firm's strategic roadmap suggests a continued emphasis on fostering a collaborative ecosystem that connects the entire built-world supply chain, potentially setting the stage for further market consolidation or expansion into adjacent construction technology verticals.
See full BuildingConnected company page
