What is PlanHub?
Founded in 2015 and headquartered in West Palm Beach, Florida, PlanHub operates as a cloud-based construction plan room and bidding software. Its core offering is an application designed to streamline the commercial construction process, enabling users to easily post projects and submit bids. The platform facilitates anytime, anywhere collaboration across all commercial construction trades, enhancing efficiency and connectivity within the industry.
How much funding has PlanHub raised?
PlanHub has raised a total of $41M across 1 funding round:
Private Equity
$41M
Private Equity (2020): $41M with participation from Mainsail Partners
Key Investors in PlanHub
Mainsail Partners
Mainsail Partners is a growth equity firm specializing in investing in bootstrapped B2B software and AI-enabled companies, focusing on scaling businesses and fostering market leadership through expertise in talent development and operational strategies.
What's next for PlanHub?
The substantial enterprise-level funding PlanHub has received indicates a strategic phase of scaling and market expansion. This capital infusion is likely to be directed towards enhancing its software capabilities, broadening its user base, and potentially exploring new market segments within the construction technology landscape. The company's focus on facilitating collaboration and streamlining bidding processes positions it for continued growth and innovation in a competitive market.
See full PlanHub company page
