How Much Did LocusView Raise?
Funding & Key Investors

LocusView, a company specializing in advanced software solutions for the utility and infrastructure construction industry, has secured significant enterprise-level funding. The total funding amount remains at $64.4M, with a recent strategic investment of $64M bolstering its growth trajectory. This latest capital infusion underscores the company's pivotal role in digitalizing construction management processes.

What is LocusView?

LocusView
SoftwareEngineering Software

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:

2020

Debt

$350K

2021

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.

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Frequently Asked Questions Regarding LocusView Financial Insights

What are the most recent funding rounds that LocusView has completed, and what were the funding rounds?
LocusView has recently completed 2 funding rounds: Series A on Apr 28, 2021, Debt on Apr 12, 2020.
What is the total amount of funding LocusView has raised to date?
LocusView has raised a total of $64.3M in funding to date.
How many funding rounds has LocusView completed?
LocusView has completed 2 funding rounds.
How much funding did LocusView raise in its most recent funding round?
LocusView raised $64M in its most recent funding round.
Who are the lead investors in LocusView's latest funding round?
The lead investor in LocusView's latest funding round was Discount Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in LocusView's history?
The largest funding round in LocusView's history was $64M.
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