What is Doxel?
Founded in 2015 and headquartered in Redwood City, California, Doxel operates at the intersection of robotics and construction productivity. The firm utilizes proprietary AI-driven robots to perform high-fidelity laser scans and image capture, providing real-time visibility into project progress and quality control. By integrating these visual data streams directly into budget and scheduling software, Doxel enables project managers to mitigate risks and prevent costly delays. This technological integration represents a paradigm shift in how enterprise-level construction firms manage their operational workflows, moving from reactive manual reporting to proactive, data-backed decision-making.
How much funding has Doxel raised?
Doxel has raised a total of $56.5M across 3 funding rounds:
Other Financing Round
$4.5M
Series A
$12M
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 Andreessen Horowitz, Amplo, and Insight Partners
Key Investors in Doxel
Andreessen Horowitz
A premier venture capital firm known for backing bold entrepreneurs building the future through technology, with a strong focus on enterprise software and AI.
Amplo
A global venture capital firm that partners with companies solving critical problems, often focusing on industrial and infrastructure-related technology.
Insight Partners
A leading global venture capital and private equity firm investing in high-growth technology and software scale-ups that are driving transformative change.
What's next for Doxel?
With the successful closure of this major enterprise-level funding, Doxel is well-positioned to accelerate its market penetration and enhance its core product suite. The strategic allocation of this capital will likely focus on scaling the deployment of its autonomous scanning robots across global job sites and refining its predictive analytics engine. As the construction industry faces increasing pressure to improve efficiency and reduce waste, Doxel's ability to provide a single source of truth for project health will be instrumental in its long-term growth strategy. Future initiatives will likely involve expanding the platform's interoperability with existing enterprise resource planning systems to further solidify its role as an essential component of the modern construction tech stack.
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