What is LocusView?
LocusView is a technology firm specializing in advanced software solutions tailored for the utility and infrastructure construction industry. Its core offering is a Digital Construction Management platform designed to digitize and streamline the entire lifecycle of infrastructure projects. By replacing traditional paper-based methods with digital workflows, LocusView enables utility operators and contractors to capture data directly from the field and integrate it seamlessly into enterprise systems, thereby enhancing efficiency and project oversight.
How much funding has LocusView raised?
LocusView has raised a total of $64.3M across 2 funding rounds:
Debt
$350K
Series A
$64M
Debt (2020): $350K with participation from PPP
Series A (2021): $64M led by Discount Capital, Igp, and Clal Insurance
Key Investors in LocusView
Discount Capital
Discount Capital is a financial services provider offering 100% financing solutions with flexible payment options for new or used equipment, aiming to increase working capital for businesses.
Igp
Israel Growth Partners (IGP) is a venture capital firm that provides growth capital and strategic guidance to high-tech companies, focusing on empowering strong management teams to build global category leaders.
Clal Insurance
Clal Insurance, established in 1987, is an Israeli insurance company offering a wide range of insurance products, including travel, life, health, and home coverage.
What's next for LocusView?
With this major strategic investment, LocusView is poised for accelerated growth and market penetration. The infusion of capital is expected to support further development of its Digital Construction Management platform, enhance its sales and marketing efforts, and potentially expand its reach into new geographical markets or adjacent industry verticals. The company's focus on digital transformation within the infrastructure sector positions it favorably to capitalize on increasing demand for efficient project management tools.
See full LocusView company page
