What is StructionSite?
Founded in 2016 and headquartered in Oakland, California, StructionSite provides a sophisticated reality capture platform designed to streamline project management for construction teams. By automating the process of site capture and integrating seamlessly with existing project management software, the company enables stakeholders to track completed work with unprecedented accuracy. This digital transformation tool addresses critical inefficiencies in the construction lifecycle, offering a centralized source of truth that mitigates risk and enhances operational transparency across complex building projects.
How much funding has StructionSite raised?
StructionSite has raised a total of $17.4M across 3 funding rounds:
Other Financing Round
$7M
Debt
$350K
Unspecified
$10M
Other Financing Round (2020): $7M with participation from 500.com, Obayashi, D20 Capital, CEMEX Ventures, and Prelude
Debt (2020): $350K led by PPP
Unspecified (2022): $10M supported by PCL Construction, GS Futures, and 500 Global
Key Investors in StructionSite
PCL Construction
PCL Construction is a group of independent construction companies that carries out work across the United States, Canada, the Caribbean, and in Australia. They operate in the civil infrastructure, heavy industrial, and buildings markets.
GS Futures
GS Futures is an early-stage venture fund focused on investing in innovative solutions for Climate and Energy Transition Tech, Construction and Real Estate Tech, and Consumer Tech.
500 Global
Founded in 2010, 500 Global is a venture capital firm that invests in companies across the globe, providing early-stage support to high-growth technology startups.
What's next for StructionSite?
The infusion of capital from this major strategic investment will likely accelerate StructionSite's product development roadmap, specifically focusing on deeper integration capabilities and advanced analytics for site progress monitoring. As the construction industry undergoes a digital shift, StructionSite is well-positioned to scale its enterprise-level offerings. Future growth strategies will likely prioritize market penetration in the civil infrastructure and heavy industrial sectors, leveraging the expertise of its strategic backers to refine its value proposition and solidify its status as an essential component of the modern construction tech stack.
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