A new wave of construction startups is scaling fast, armed with $ 100 M+ in funding to transform one of the world’s most complex industries. These 20 companies are tackling everything from automation and robotics to sustainable materials and AI-driven planning. Their innovations are making construction faster, greener, and more cost-effective at scale.
20 Construction Startups Leading the Industry with $ 100 M+ in Backing
With major investor support and breakthrough technologies, these startups are not just building infrastructure—they’re building the future.
Let’s explore the companies reshaping how the world gets built.
| Company | Founded | Location | Employees | Last Funding (Date) | Last Amount | Total Funding |
|---|---|---|---|---|---|---|
| EquipmentShare | 2015 | Columbia, Missouri | 1,001–5,000 | Apr 16, 2024 | $600M | $3.54B |
| Constrafor | 2019 | Manhattan, New York | 11–50 | Nov 27, 2024 | $250M | $377.8M |
| WillScot Mobile Mini | 2015 | Phoenix, Arizona | 1,001–5,000 | Jun 13, 2024 | $500M | $500M |
| Arcosa | 2018 | Dallas, Texas | 5,001–10,000 | Aug 12, 2024 | $600M | $600M |
| Gulf Coast Pipeline Svcs | 2018 | Dickinson, Texas | 251–500 | May 10, 2024 | $540M | $540M |
| Clearway Energy Group | 2018 | San Francisco, California | 501–1,000 | Aug 26, 2024 | $550M | $2.57B |
| Vision RNG | 2021 | Canonsburg, Pennsylvania | 11–50 | Oct 16, 2024 | $207M | $207M |
| Scout Clean Energy | 2016 | Colorado, Zacatecas, Mexico | 101–250 | May 6, 2024 | $100M | $355M |
| Gropyus | 2019 | Vienna, Austria | 251–500 | Oct 7, 2024 | €100M | €270M |
| Enery | 2019 | Vienna, Austria | 101–250 | Dec 15, 2024 | €214.45M | €214.45M |
| Maritime Partners | 2015 | La Métairie, France | 11–50 | Nov 25, 2024 | $750M | $750M |
| Meissa | 2017 | Seoul, South Korea | 101–250 | Nov 25, 2024 | ₩10B | ₩21.2B |
| Epiroc | 2018 | Norsborg, Sweden | 10,001+ | Oct 7, 2024 | $150M | $150M |
| Khorlochhu Hydro Power | 2015 | Thimphu, Bhutan | 51–100 | Oct 28, 2024 | ₹8.3B | ₹8.3B |
| India Grid Trust | 2016 | Delhi, India | 251–500 | Nov 13, 2024 | $300M | $919.09M |
| KlaraBo | 2017 | Malmö, Sweden | 11–50 | Nov 28, 2024 | SEK391M | SEK891M |
| Puzzle PropTech | 2022 | Saint Petersburg, Russia | 11–50 | Nov 22, 2024 | RUB60M | RUB102M |
| toggle | 2020 | Tokyo, Japan | 11–50 | Aug 8, 2024 | ¥1.2B | ¥1.76B |
| Weijian Technology | 2020 | Shanghai, China | 51–100 | Aug 23, 2024 | CN¥120M | CN¥220M |
| SoftRoid | 2020 | Tokyo, Japan | 1–10 | Mar 13, 2024 | ¥220M | ¥320M |
1. EquipmentShare
- Founded: 2015
- Location: Columbia, Missouri, United States
- Industry: Construction, Fleet Management
- Number of Employees: 1,001–5,000
- Last Funding Amount: $600M (Latest Round: Apr 16, 2024)
- Total Funding Amount: $3.54B
EquipmentShare is a leading technology-driven construction solutions company that blends equipment rental with advanced fleet management software. Its proprietary T3 platform empowers contractors to monitor usage, optimize performance, and streamline operations across job sites. With a nationwide presence and one of the highest funding totals in the construction tech sector, EquipmentShare continues to revolutionize how contractors build and manage infrastructure in the U.S. and beyond.
2. Constrafor
- Founded: September 5, 2019
- Location: Manhattan, New York, United States
- Industry: Construction, Financial Services
- Number of Employees: 11–50
- Last Funding Amount: $250M (Latest Round: Nov 27, 2024)
- Total Funding Amount: $377.8M
Constrafor is a construction-focused fintech platform streamlining procurement and financial workflows for general contractors and subcontractors. With solutions like embedded early-payment financing, digital invoicing, and compliance management, Constrafor improves cash flow and reduces administrative friction in construction projects. Its rapid funding growth reflects its central role in modernizing financial infrastructure within the construction ecosystem.
3. WillScot Mobile Mini Holdings
- Founded: 2015
- Location: Phoenix, Arizona, United States
- Industry: Construction, Manufacturing
- Number of Employees: 1001–5000
- Last Funding Amount: $500M (Latest Round: Jun 13, 2024)
- Total Funding Amount: $500M
WillScot Mobile Mini Holdings is a leading provider of modular space and portable storage solutions across North America. Formed through the merger of WillScot and Mobile Mini, the company delivers flexible, scalable infrastructure for temporary and permanent use in construction, industrial, and commercial sectors. With a vast fleet and nationwide footprint, WillScot helps clients increase efficiency and safety on job sites through turnkey space and storage solutions.
4. Arcosa
- Founded: Jan 1, 2018
- Location: Dallas, Texas, United States
- Industry: Construction, Energy
- Number of Employees: 5001–10,000
- Last Funding Amount: $600M (Latest Round: Aug 12, 2024)
- Total Funding Amount: $600M
Arcosa is a growth-oriented infrastructure solutions company focused on the construction, engineered structures, and transportation markets. Spun off from Trinity Industries, Arcosa provides products such as aggregates, wind towers, and construction services that support vital sectors like energy and infrastructure. With a strong commitment to sustainability and safety, the company plays a pivotal role in building and maintaining modern, resilient infrastructure across North America.
5. Gulf Coast Pipeline Services
- Founded: 2018
- Location: Dickinson, Texas, United States
- Industry: Construction, Oil and Gas
- Number of Employees: 251–500
- Last Funding Amount: $540M (Latest Round: May 10, 2024)
- Total Funding Amount: $540M
Gulf Coast Pipeline Services specializes in comprehensive pipeline construction, maintenance, and integrity services for the oil and gas sector. Known for its technical expertise and commitment to safety, the company supports major energy infrastructure projects across the Gulf region. With significant capital backing, Gulf Coast Pipeline Services continues to expand its capabilities to meet growing demand for efficient and reliable pipeline solutions in the energy industry.
6. Clearway Energy Group
- Founded: 2018
- Location: San Francisco, California, United States
- Industry: Construction, Energy
- Number of Employees: 501–1000
- Last Funding Amount: $550M (Latest Round: Aug 26, 2024)
- Total Funding Amount: $2.57B
Clearway Energy Group is a leading clean energy developer and operator focused on accelerating the transition to renewable power. The company manages a diversified portfolio of utility-scale wind, solar, and energy storage projects across the U.S. With strong financial backing and a mission to drive decarbonization, Clearway plays a key role in building resilient, sustainable infrastructure for the future of energy.
7. Vision RNG
- Founded: 2021
- Location: Canonsburg, Pennsylvania, United States
- Industry: Construction, Oil and Gas
- Number of Employees: 11–50
- Last Funding Amount: $207M (Latest Round: Oct 16, 2024)
- Total Funding Amount: $207M
Vision RNG specializes in the development of renewable natural gas (RNG) projects by capturing and converting landfill gas into clean, sustainable energy. With a mission to reduce greenhouse gas emissions and support decarbonization efforts, the company integrates advanced engineering and construction practices to scale RNG production across the U.S.
8. Scout Clean Energy
- Founded: 2016
- Location: Colorado, Zacatecas, Mexico
- Industry: Construction, Energy, Environmental Consulting
- Number of Employees: 101–250
- Last Funding Amount: $100M (Latest Round: May 6, 2024)
- Total Funding Amount: $355M
Scout Clean Energy is a renewable energy developer focused on creating utility-scale wind, solar, and storage projects across North America. With a commitment to sustainability and innovation, Scout accelerates the transition to clean energy through expert site development, engineering, and environmental stewardship.
9. Gropyus
- Founded: July 2019
- Location: Vienna, Wien, Austria
- Industry: Construction, Green Building, Real Estate
- Number of Employees: 251–500
- Last Funding Amount: €100M (Latest Round: Oct 7, 2024)
- Total Funding Amount: €270M
Gropyus is a tech-driven real estate and construction company focused on sustainable, modular housing solutions. By integrating digital processes with eco-friendly construction methods, Gropyus aims to redefine urban living and make sustainable housing scalable and accessible.
10. Enery
- Founded: 2019
- Location: Vienna, Wien, Austria
- Industry: Construction, Renewable Energy, Solar
- Number of Employees: 101–250
- Last Funding Amount: €214.45M (Latest Round: Dec 15, 2024)
- Total Funding Amount: €214.45M
Enery is a renewable energy company specializing in solar power generation and sustainable infrastructure. With a focus on Central and Eastern Europe, Enery develops, builds, and operates clean energy assets, supporting the transition to a low-carbon future through innovative, reliable, and scalable solar solutions.
11. Maritime Partners
- Founded: 2015
- Location: La Métairie, Basse-Normandie, France
- Industry: Construction, Transportation
- Number of Employees: 11–50
- Last Funding Amount: $750M (Latest Round: Nov 25, 2024)
- Total Funding Amount: $750M
Maritime Partners is a leading provider of maritime leasing and financing solutions, focused on inland, Jones Act-compliant vessels. The company supports the construction and modernization of commercial fleets by offering capital-efficient options to shipbuilders and operators, helping drive sustainability and innovation across the marine transport sector.
12. Meissa
- Founded: Nov 28, 2017
- Location: Seoul, Seoul-t’ukpyolsi, South Korea
- Industry: Construction, SaaS, Software
- Number of Employees: 101–250
- Last Funding Amount: ₩10B (Latest Round: Nov 25, 2024)
- Total Funding Amount: ₩21.2B
Meissa is a South Korea-based SaaS company specializing in digital transformation for the construction industry. Through AI-driven solutions and 3D mapping technology, Meissa empowers construction teams to monitor, analyze, and optimize job sites in real time. The platform enhances productivity and safety while supporting large-scale infrastructure and development projects across Asia.
13. Epiroc
- Founded: Jun 18, 2018
- Location: Norsborg, Uppsala Lan, Sweden
- Industry: Construction, Information Technology, Manufacturing
- Number of Employees: 10,001+
- Last Funding Amount: $150M (Latest Round: Oct 7, 2024)
- Total Funding Amount: $150M
Epiroc is a global leader in productivity and sustainability solutions for the mining and construction industries. With a strong presence across more than 150 markets, Epiroc develops and manufactures innovative drill rigs, rock excavation, and construction equipment, alongside digital and automation technologies that help clients maximize output and reduce environmental impact.
14. Khorlochhu Hydro Power
- Founded: 2015
- Location: Thimphu, Bhutan
- Industry: Construction, Facilities Support Services, Facility Management
- Number of Employees: 51–100
- Last Funding Amount: ₹8.3B (Latest Round: Oct 28, 2024)
- Total Funding Amount: ₹8.3B
Khorlochhu Hydro Power is a key infrastructure player in Bhutan’s renewable energy sector, focused on developing and managing hydroelectric power projects. The company plays a vital role in supporting national energy goals, providing clean power and facilities support services that drive sustainable growth in the region.
15. India Grid Trust
- Founded: October 21, 2016
- Location: Delhi, India
- Industry: Construction, Financial Services
- Number of Employees: 251–500
- Last Funding Amount: $300M (Latest Round: Nov 13, 2024)
- Total Funding Amount: $919.09M
India Grid Trust is a leading infrastructure investment trust (InvIT) in India, focused on owning and operating power transmission and renewable energy assets. Backed by a diversified portfolio and strong institutional investors, the trust plays a pivotal role in India’s energy infrastructure development by enabling long-term capital flows into critical national projects.
16. KlaraBo
- Founded: 2017
- Location: Malmö, Skåne Län, Sweden
- Industry: Construction, Real Estate, Rental
- Number of Employees: 11–50
- Last Funding Amount: SEK391M (Latest Round: Nov 28, 2024)
- Total Funding Amount: SEK891M
KlaraBo develops, acquires, and manages attractive and affordable rental housing across Sweden. With a focus on long-term value creation, the company emphasizes sustainable construction and urban development. KlaraBo’s mission is to provide modern, energy-efficient homes while contributing to the growth and regeneration of Swedish communities.
17. Puzzle PropTech
- Founded: 2022
- Location: Saint Petersburg, Saint Petersburg City, Russian Federation
- Industry: Construction, Artificial Intelligence (AI)
- Number of Employees: 11–50
- Last Funding Amount: RUB60M (Latest Round: Nov 22, 2024)
- Total Funding Amount: RUB102M
Puzzle PropTech leverages artificial intelligence to transform construction project planning and property technology in Russia. Focused on predictive analytics and automation, the company aims to increase efficiency, reduce risks, and streamline workflows across the real estate development lifecycle.
18. toggle
- Founded: June 15, 2020
- Location: Tokyo, Tokyo, Japan
- Industry: Construction, Artificial Intelligence (AI)
- Number of Employees: 11–50
- Last Funding Amount: ¥1.2B (Latest Round: Aug 8, 2024)
- Total Funding Amount: ¥1.76B
toggle develops AI-powered solutions to automate and optimize construction workflows, with a strong focus on robotic fabrication and modular construction methods. Based in Tokyo, the company integrates cutting-edge machine learning models to drive precision, reduce manual labor, and increase scalability across infrastructure projects.
19. Weijian Technology
- Founded: June 2020
- Location: Baoshan, Shanghai, China
- Industry: Construction, Internet of Things (IoT), Artificial Intelligence (AI)
- Number of Employees: 51–100
- Last Funding Amount: CN¥120M (Latest Round: Aug 23, 2024)
- Total Funding Amount: CN¥220M
Weijian Technology specializes in AIoT-driven construction site management, offering smart safety monitoring, predictive analytics, and real-time data integration tools. Headquartered in Shanghai, the company empowers developers and contractors with intelligent platforms to improve safety, compliance, and operational efficiency across complex infrastructure environments.
20. SoftRoid
- Founded: July 21, 2020
- Location: Hongo, Tokyo, Japan
- Industry: Construction, Robotics, Analytics
- Number of Employees: 1–10
- Last Funding Amount: ¥220M (Latest Round: Mar 13, 2024)
- Total Funding Amount: ¥320M
SoftRoid develops AI-powered robotic systems tailored for the construction industry, focusing on automation, safety, and real-time site analytics. Based in Tokyo, the startup combines advanced robotics with data-driven insights to streamline workflows and reduce manual labor in hazardous environments.
Conclusion
With over $100M in funding each, these 20 construction startups are rewriting the rules of how we build. They’re bringing automation, AI, robotics, and sustainable innovation to an industry long overdue for disruption. Backed by major capital and driven by transformative ideas, these companies are laying the digital and physical foundations for a faster, smarter, and more resilient built environment.
FAQs
Q1. What makes these construction startups stand out?
A. Their ability to scale innovative technologies, like AI, robotics, and green materials, into real-world construction processes with proven ROI.
Q2. What sustainability efforts are included in their models?
A. Use of recycled or low-impact materials, energy-efficient systems, carbon tracking, and reducing on-site waste through precision planning.
Q3. What types of technologies are they using?
A. AI, machine learning, drones, 3D printing, digital twins, prefabrication systems, autonomous vehicles, and IoT-enabled monitoring.