How Much Did Doxel Raise?
Funding & Key Investors

Doxel, a pioneer in construction-focused artificial intelligence, has successfully secured a significant capital injection, bringing its total funding to $56.5M. This latest financing round, which contributed $40M to the company's balance sheet, underscores the growing market demand for automated project oversight and real-time productivity analytics in the built environment sector. By leveraging advanced computer vision and robotics, Doxel continues to solidify its position as a critical infrastructure partner for large-scale construction enterprises.

What is Doxel?

Doxel
SoftwareEngineering SoftwareConstruction

Founded in 2015 and headquartered in Redwood City, California, Doxel operates at the intersection of robotics and construction management. The company provides an AI-driven platform that utilizes autonomous robots to perform high-fidelity laser scans and image capture across active job sites. This data is synthesized to provide project managers with granular insights into construction progress, quality control, and budget adherence. By automating the traditionally manual process of site inspection, Doxel enables stakeholders to mitigate risks, reduce schedule slippage, and optimize resource allocation, effectively digitizing the physical construction workflow.

How much funding has Doxel raised?

Doxel has raised a total of $56.5M across 3 funding rounds:

2018

Other Financing Round

$4.5M

2020

Series A

$12M

2021

Series B

$40M

Other Financing Round (2018): $4.5M, investors not publicly disclosed

Series A (2020): $12M led by Amplo

Series B (2021): $40M supported by Insight Partners, Amplo, and Andreessen Horowitz

Key Investors in Doxel

Insight Partners

A global venture capital and private equity firm that invests in high-growth technology and software scale-ups.

Amplo

A venture capital firm focused on backing companies that build the infrastructure of the future, often targeting industrial and enterprise technology.

Andreessen Horowitz

A premier venture capital firm that backs bold entrepreneurs building the future through technology, with a strong focus on AI and enterprise software.

What's next for Doxel?

With this major strategic investment, Doxel is well-positioned to accelerate its product roadmap and expand its footprint within the global construction market. The company is expected to focus on scaling its autonomous fleet and enhancing its predictive analytics engine to provide deeper integration with enterprise resource planning systems. As the construction industry faces increasing pressure to improve efficiency and sustainability, Doxel's ability to provide a single source of truth for project health will likely drive further adoption among Tier-1 contractors and developers. Future growth will likely center on deepening its AI capabilities to offer proactive, rather than reactive, project management solutions.

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Frequently Asked Questions Regarding Doxel Financial Insights

What are the most recent funding rounds that Doxel has completed, and what were the funding rounds?
Doxel has recently completed 3 funding rounds: Series B on Aug 11, 2021, Series A on Jan 1, 2020, Other Financing Round on Jan 24, 2018.
What is the total amount of funding Doxel has raised to date?
Doxel has raised a total of $56.5M in funding to date.
How many funding rounds has Doxel completed?
Doxel has completed 3 funding rounds.
How much funding did Doxel raise in its most recent funding round?
Doxel raised $40M in its most recent funding round.
Who are the lead investors in Doxel's latest funding round?
The lead investor in Doxel's latest funding round was Insight Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Doxel's history?
The largest funding round in Doxel's history was $40M.
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