AI-Powered Construction Tracking: Buildots Raises $45M to Transform the Industry
In the fast-paced world of construction, project managers often struggle with visibility gaps between planning and on-site execution. From budget oversight to contractor coordination, the challenges of real-time progress tracking can lead to costly delays and inefficiencies.
The Buildots Solution: AI Meets Construction Management
Buildots, founded in 2018 by Roy Danon, Aviv Leibovici, and Yakir Sudry, is addressing these pain points through an innovative AI-powered platform. The Chicago-based startup combines:
- 360-degree hard hat cameras for comprehensive site documentation
- Computer vision technology to analyze progress automatically
- Predictive analytics that flag potential delays before they escalate
- Chatbot functionality for instant project status updates
“Our platform transforms decision-making by providing reliable, real-time data,” explains CEO Roy Danon. “Instead of piecing together fragmented reports, stakeholders get a unified view of project health.”
$45M Series D Funding: Accelerating Construction Tech Innovation
The company recently closed a \(45 million Series D round, bringing its total funding to \)166 million. Key investors include:
- Qumra Capital (lead)
- OG Venture Partners
- TLV Partners
- Poalim Equity
- Future Energy Ventures
- Viola Growth
Strategic Growth Plans
Buildots will allocate the new capital toward:
- Product expansion across the construction lifecycle
- AI model enhancement using historical project data
- North American market growth, particularly R&D team expansion
With 230+ employees and clients like Intel, Buildots is establishing itself as a leader in construction technology. The company competes with innovators like BeamUp (AI building design) and Versatile (construction data analytics), but differentiates through its operations-focused platform.
“This funding validates the industry’s readiness for digital transformation,” Danon notes. “We’re not just tracking progress—we’re redefining how construction performance gets measured and optimized.”
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