What is Kwant?
Founded in 2017 and headquartered in New York City, Kwant.ai operates as a Construction Analytics Platform. The company utilizes a combination of Internet of Things (IoT) technology and Artificial Intelligence (AI) to provide advanced analytics for the construction sector. This innovative approach aims to optimize construction processes, enhance project management, and improve overall efficiency within the industry.
How much funding has Kwant raised?
Kwant has raised a total of $3.9M across 1 funding round:
Angel/Seed
$3.9M
Angel/Seed (2022): $3.9M with participation from 7BC Venture Capital, Fairstead, LAUNCH, and Pearl Fund
Key Investors in Kwant
7BC Venture Capital
7BC Venture Capital is a venture fund focused on empowering founders in the digital economy, particularly those automating human workflows. They specialize in Late-Stage Seed and Series A funding rounds, offering strategic support and network access to their portfolio companies.
Fairstead
Fairstead is a national real estate organization committed to developing sustainable and affordable communities. They focus on creating vibrant living spaces and ensuring digital access for residents, demonstrating a commitment to impactful community engagement.
LAUNCH
Undisclosed investor participating in the funding round.
What's next for Kwant?
The recent major strategic investment signals a pivotal growth phase for Kwant. This capital infusion is expected to accelerate the company's product development, expand its market reach, and further enhance its AI-driven analytics capabilities. Kwant is poised to solidify its position as a leader in construction technology, driving digital transformation within the sector through continued innovation and strategic partnerships.
See full Kwant company page
