What is PlanHub?
Founded in 2015, PlanHub operates as a sophisticated cloud-based construction plan room and bidding software. The platform provides a centralized digital environment where users can post projects, distribute plans, and submit bids with seamless accessibility. By facilitating anytime, anywhere collaboration, the company addresses critical inefficiencies in the commercial construction trade, effectively digitizing the traditional, paper-heavy bidding process. Its market position is defined by its focus on B2B SaaS scalability, enabling contractors to optimize their project pipelines and improve win rates through data-driven insights.
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 that specializes in investing in bootstrapped B2B software and AI-enabled companies. They are dedicated to helping founders scale their businesses and become market leaders by providing expertise in talent development and operational strategies.
What's next for PlanHub?
With the recent capital injection, PlanHub is well-positioned to accelerate its product development roadmap and expand its footprint in the competitive construction software landscape. The strategic focus will likely center on enhancing its AI-enabled bidding features and deepening its integration capabilities to support larger enterprise-level workflows. As the company scales, it will continue to leverage its partnership with growth-oriented investors to refine its operational strategies and solidify its status as a market leader in construction project management. The firm's trajectory suggests a continued emphasis on user acquisition and the expansion of its collaborative ecosystem to meet the evolving demands of the global construction industry.
See full PlanHub company page