What is PlanHub?
Founded in 2015 and based 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 construction bidding process, enabling users to post projects and submit bids efficiently. The platform facilitates anytime, anywhere collaboration across all commercial construction trades, enhancing project management and communication for industry professionals.
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 B2B software and AI-enabled companies, focusing on scaling bootstrapped businesses and fostering market leadership through operational expertise and talent development.
What's next for PlanHub?
The substantial enterprise-level funding and recent strategic investment indicate a strong growth trajectory for PlanHub. This capital infusion is likely to fuel further development of its software capabilities, expansion into new markets, and enhancement of its collaborative features. The company is well-positioned to solidify its leadership in the construction tech space, potentially through strategic acquisitions or deeper integration with other industry platforms.
See full PlanHub company page
