The construction industry is undergoing a major shift driven by technology, automation, and sustainable practices. A new wave of construction startups is leading this change, with innovations that streamline processes, reduce costs, and improve safety. Recently, these companies raised between $10M and $50M to scale their game-changing solutions.
From AI-powered project management to 3D-printed buildings and smart construction tools, these startups are transforming how we build.
Meet 10 Construction Startups That Just Raised Big Money
These 10 startups are reshaping construction with cutting-edge technology. Let’s dive into how they’re building the future.
Below is a list of 10 construction startups that have recently raised between $1M and $37M in funding.
| Company | Founded | Location | Number of Employees | Last Funding Amount | Last Funding Date | Total Funding Amount |
|---|---|---|---|---|---|---|
| Remi | 2022 | Lehi, Utah | 51-100 | $21.00M | Aug 7, 2024 | $21.50M |
| United Homes Group | 2023 | New York, New York | 101-250 | $37.10M | Dec 6, 2024 | $37.10M |
| Adaptive Real Estate | 2021 | New York, New York | 1-10 | $19.00M | Jul 15, 2024 | $26.25M |
| Rundoo | 2021 | Redwood City, CA | 11-50 | $11.00M | Jun 1, 2024 | $18.00M |
| Planera | 2021 | Pleasanton, CA | 1-10 | $13.50M | Aug 27, 2024 | $18.90M |
| Rivet Work | 2020 | Detroit, Michigan | 11-50 | $6.00M | Apr 17, 2024 | $14.30M |
| Billy | 2020 | Brooklyn, New York | 1-10 | $4.50M | Mar 29, 2024 | $11.25M |
| Teleo | 2019 | Palo Alto, CA | 11-50 | $7.00M | Nov 21, 2024 | $28.20M |
| Buildforce | 2019 | Houston, Texas | 11-50 | $2.00M | May 2, 2024 | $12.43M |
| Clearstory.build | 2018 | San Francisco, CA | 11-50 | $16.00M | Jun 27, 2024 | $33.80M |
1. Remi
- Founded: February 2, 2022
- Location: Lehi, Utah, USA
- Industry: Construction, Home Improvement, Software
- Number of Employees: 51-100
- Last Funding Amount: $21M (Latest Round: August 7, 2024)
- Total Funding Amount: $21.5M
Remi is revolutionizing the home improvement and construction industry with its advanced software solutions. Designed for contractors, builders, and homeowners, Remi’s platform streamlines project management, budgeting, and communication, ensuring seamless execution from start to finish. By integrating automation, AI-driven insights, and real-time collaboration tools, the platform helps users stay on schedule, reduce costs, and enhance efficiency.
With a user-friendly interface and scalable features, Remi is tailored to meet the needs of both small and large-scale construction projects. The software simplifies complex workflows, offering smart budgeting tools, automated task tracking, and predictive analytics to minimize delays and optimize resources. By bridging the gap between technology and construction, Remi is reshaping how projects are managed in the modern era. With strong investor backing and a growing user base, the company continues to expand its impact in the home improvement sector.
2. United Homes Group
- Founded: 2023
- Location: New York, New York, USA
- Industry: Construction, Real Estate, Residential
- Number of Employees: 101-250
- Last Funding Amount: $37.1M (Latest Round: December 6, 2024)
- Total Funding Amount: $37.1M
United Homes Group is a rapidly growing real estate and construction company specializing in residential development. The company focuses on building high-quality, affordable homes in key markets across the United States, leveraging innovative construction techniques and modern design principles. With an emphasis on efficiency and sustainability, United Homes Group streamlines the home-buying process, making it more accessible for first-time buyers and families looking for quality housing solutions.
Through its data-driven approach and customer-centric strategies, United Homes Group ensures that each project meets the highest standards in design, functionality, and durability. The company’s experienced team is dedicated to delivering residential properties that align with market demand while maintaining affordability. With significant funding and strategic growth plans, United Homes Group continues to expand its footprint in the real estate industry.
3. Adaptive Real Estate
- Founded: 2021
- Location: New York, New York, USA
- Industry: Construction, Financial Services, Real Estate
- Number of Employees: 1-10
- Last Funding Amount: $19M (Latest Round: July 15, 2024)
- Total Funding Amount: $26.25M
Adaptive Real Estate is an innovative real estate and construction firm based in New York, specializing in developing adaptable, sustainable housing solutions. The company leverages advanced financial services and construction technologies to meet the evolving demands of urban housing. Adaptive Real Estate focuses on creating high-quality residential spaces that prioritize flexibility, sustainability, and efficiency, ensuring that homes can easily adapt to changing needs.
With a deep commitment to modernizing the real estate market, Adaptive Real Estate integrates technology-driven solutions in design, construction, and property management. Their approach helps streamline real estate investments, offering scalable and efficient models for both developers and buyers. Backed by significant funding, Adaptive Real Estate is positioning itself as a leader in transforming the future of real estate development.
4. Rundoo
- Founded: 2021
- Location: Redwood City, California, USA
- Industry: Construction, Marketplace, Software
- Number of Employees: 11-50
- Last Funding Amount: $11M (Latest Round: June 1, 2024)
- Total Funding Amount: $18M
Rundoo is a dynamic construction marketplace software company that connects contractors, suppliers, and service providers to streamline the construction process. Based in Redwood City, California, Rundoo is revolutionizing the industry by offering an intuitive platform that facilitates real-time collaboration, efficient project management, and improved procurement. Their marketplace model provides construction professionals with easy access to resources, ensuring better project execution at competitive prices.
By integrating technology into construction workflows, Rundoo aims to enhance operational efficiency, reduce costs, and accelerate project timelines. Their user-friendly platform makes it easier for professionals to find quality materials, equipment, and skilled labor, transforming how construction projects are managed. With significant funding backing their growth, Rundoo is set to expand its impact on the construction marketplace.
5. Planera
- Founded: November 2021
- Location: Pleasanton, California, USA
- Industry: Construction, Scheduling
- Number of Employees: 1-10
- Last Funding Amount: $13.5M (Latest Round: August 27, 2024)
- Total Funding Amount: $18.9M
Planera is a cutting-edge scheduling software company focused on transforming how construction projects are managed. Based in Pleasanton, California, Planera’s platform leverages advanced technology to streamline scheduling and project management for construction professionals. Designed to reduce delays and optimize workflows, the software helps teams plan and track progress in real-time, ensuring greater accuracy and efficiency in project execution.
By integrating sophisticated tools for scheduling, resource allocation, and task management, Planera improves collaboration among contractors, project managers, and stakeholders. Their platform empowers users to make data-driven decisions, saving time and reducing the risk of costly mistakes. With significant financial backing, Planera is poised to lead the future of construction scheduling.
6. Rivet Work
- Founded: January 31, 2020
- Location: Detroit, Michigan, USA
- Industry: Construction, Human Resources
- Number of Employees: 11-50
- Last Funding Amount: $6M (Latest Round: April 17, 2024)
- Total Funding Amount: $14.3M
Rivet Work, based in Detroit, Michigan, is revolutionizing the construction industry by addressing critical human resource needs. The company focuses on streamlining workforce management for construction companies, offering tools that simplify hiring, onboarding, and managing workers. Their platform connects contractors with skilled labor, ensuring projects are staffed with the right talent at the right time.
Rivet Work’s solutions help businesses reduce costs and improve operational efficiency by leveraging data to optimize staffing and reduce turnover. Their focus on human resources in construction aims to alleviate industry-specific challenges, helping companies maintain a steady workforce. With its strong funding and innovative solutions, Rivet Work is shaping the future of workforce management in the construction sector.
7. Billy
- Founded: 2020
- Location: Brooklyn, New York, USA
- Industry: Construction, Insurance
- Number of Employees: 1-10
- Last Funding Amount: $4.5M (Latest Round: March 29, 2024)
- Total Funding Amount: $11.25M
Billy, located in Brooklyn, New York, offers innovative insurance solutions tailored specifically for the construction industry. The company’s platform is designed to simplify and automate the insurance process, helping construction businesses access affordable, customized coverage quickly and efficiently. Billy streamlines insurance workflows, providing a seamless experience for contractors and businesses to manage their coverage needs.
By focusing on the unique needs of the construction sector, Billy removes traditional barriers to acquiring and managing insurance. The company’s focus on technology and customer-centric solutions aims to modernize and democratize the insurance industry, helping businesses stay protected without unnecessary complexity. With strong funding and a clear vision, Billy is set to reshape insurance for the construction world.
8. Teleo
- Founded: December 2019
- Location: Palo Alto, California, USA
- Industry: Construction, Fleet Management
- Number of Employees: 11-50
- Last Funding Amount: $7M (Latest Round: November 21, 2024)
- Total Funding Amount: $28.2M
Teleo, based in Palo Alto, California, is a leader in the fleet management space, providing cutting-edge AI-powered solutions for autonomous construction vehicles. The company’s technology enables the remote operation of construction fleets, enhancing efficiency, safety, and productivity on job sites. Teleo’s platform is revolutionizing how construction businesses manage their fleet operations, reducing the need for human intervention while increasing operational precision.
Through the use of advanced AI and teleoperation tools, Teleo empowers construction teams to remotely control machinery, ensuring safer work environments and more streamlined project management. The company’s innovative solutions aim to transform the construction industry’s approach to automation, positioning Teleo as a key player in the future of fleet management.
9. Buildforce
- Founded: September 2019
- Location: Houston, Texas, USA
- Industry: Construction, Industrial
- Number of Employees: 11-50
- Last Funding Amount: $1.99M (Latest Round: May 2, 2024)
- Total Funding Amount: $12.43M
Buildforce, based in Houston, Texas, focuses on revolutionizing the construction industry through its innovative industrial workforce management solutions. The company’s platform connects construction professionals with the right job opportunities, streamlining the hiring process and ensuring that projects have the right talent at the right time. By leveraging technology to address workforce shortages, Buildforce helps both construction businesses and skilled workers thrive in a rapidly changing industry.
With a focus on improving productivity and reducing operational inefficiencies, Buildforce is reshaping the workforce landscape in construction, providing solutions that benefit both employers and employees. Their mission is to create a more effective, reliable, and sustainable workforce for the modern construction world.
10. Clearstory.build
- Founded: May 1, 2018
- Location: San Francisco, California, USA
- Industry: Construction, Information Technology
- Number of Employees: 11-50
- Last Funding Amount: $16M (Latest Round: June 27, 2024)
- Total Funding Amount: $33.8M
Clearstory.build is a technology-driven company based in San Francisco, California, that focuses on transforming the construction industry through innovative solutions. With a strong emphasis on harnessing the power of information technology, Clearstory.build streamlined project management, enhancing collaboration and communication across construction teams. Their platform integrates digital tools to improve workflow efficiency, ensuring projects are completed on time and within budget.
By combining construction expertise with cutting-edge technology, Clearstory.build aims to improve productivity, reduce delays, and drive sustainability in the construction sector. The company has been at the forefront of digitizing construction processes, making it easier for professionals to manage complex projects while delivering high-quality results.
Conclusion
The $10M to $50M raised by 10 high-growth construction startups is setting the stage for a major industry transformation. With innovations in AI, automation, and sustainable building practices, these companies are driving efficiency, reducing costs, and paving the way for smarter, more sustainable construction projects.
FAQs
Q. Why is the construction industry focusing on innovation and technology?
Answer: The construction industry is traditionally slow to adopt new technologies. However, innovations like AI, automation, and smart building solutions are helping to overcome challenges such as project delays, cost overruns, workforce shortages, and sustainability concerns. These technologies are improving productivity, safety, and overall project efficiency.
Q. Are these construction startups focused on residential or commercial construction?
Answer: The startups mentioned in the blog focus on both residential and commercial construction. Some specialize in affordable housing (e.g., United Homes Group), while others focus on improving project management and supply chain solutions, which can apply to both residential and commercial projects.
Q. How do construction startups benefit contractors and builders?
Answer: Construction startups offer contractors and builders access to advanced technologies that simplify project management, scheduling, procurement, and workforce management. These solutions help save time, reduce costs, and improve collaboration among teams, leading to more successful project outcomes.