What is LocusView?
LocusView develops a Digital Construction Management platform designed to digitize the full lifecycle of infrastructure projects for utility operators and contractors. By replacing traditional paper-based workflows with streamlined digital processes, LocusView enables direct field data capture and seamless integration with enterprise systems. This focus on efficiency and data integrity positions the company as a key player in modernizing the infrastructure construction sector.
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 for equipment purchases and leases, aiming to provide businesses with working capital and profitability through flexible commercial finance and leasing programs.
Igp
Israel Growth Partners (IGP) is a venture capital firm that specializes in providing growth capital and strategic guidance to high-tech companies at their growth stage, focusing on building category leaders with strong management teams.
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 insurance.
What's next for LocusView?
With its recent major strategic investment, LocusView is poised for accelerated scaling and further development of its digital construction management solutions. The company's ability to attract substantial backing indicates strong market confidence in its technology and its potential to transform how infrastructure projects are managed. Future endeavors will likely focus on expanding market reach, enhancing platform capabilities, and solidifying its position as a leader in enterprise-level construction digitalization.
See full LocusView company page