# Assignar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/assignar

- Industry: Software
- Headquarters: Denver, US
- Website: www.assignar.com
- Total disclosed funding: $29M
- Latest round: Series B (May 20, 2021)
- Investors on record: 4

## About

Assignar Inc. delivers contractor operations software that enhances efficiency and communication within the construction industry, focusing on real-time data management and process automation to optimize project oversight and compliance.Founded in 2014 in Denver, US, Assignar specializes in contractor operations software for the construction sector. The company was co-founded by Marko Tomic and Sean McCreanor, who also serves as the CEO. Assignar has successfully completed 5 deals, with the latest being a Secondary Stock Purchase of USD 16.5 mn on November 8, 2021, involving investors such as Fifth Wall Ventures and Tiger Global Management. The total amount raised by the company amounts to USD 20.00 mn.Assignar provides a comprehensive suite of contractor operations software designed to enhance efficiency and communication across the construction industry. Its core product enables real-time data management and facilitates seamless communication between field operations and office administration. By automating processes like scheduling, time tracking, and compliance reporting, Assignar aims to eliminate manual inefficiencies and improve productivity. The platform serves over 800 clients in sectors including heavy civil, demolition, excavation, concrete, and electrical across North America, Australia, and New Zealand.Assignar generates revenue through a subscription-based model, which allows clients to access tailored software solutions for construction management on a recurring basis. The subscriptions include functionalities like crew scheduling, time tracking, and compliance management, with pricing based on the scale of operations and number of users. This model fosters long-term relationships with clients, enabling ongoing updates and support for the latest features and compliance tools.Following the recent funding round in November 2021, Assignar plans to utilize the USD 16.5 mn raised to enhance its product offerings and expand into new geographic markets. The focus will be on developing new features aimed at improving operational efficiency further and targeting growth in North America and the Asia-Pacific region. The funding will also support efforts to strengthen partnerships within the construction industry to integrate Assignar’s solutions into broader workflows.

## Funding rounds

- Series B, May 20, 2021, $20M — Tola Capital, Fifth Wall Ventures, IronSpring Ventures
- Series A, Oct 23, 2018, $6.2M — Tola Capital, OIF Ventures
- Series A, Jul 6, 2017, $3M — OIF Ventures

## Investors

- OIF Ventures (https://capitalatlas.ai/funds/oif-ventures) — Series A
- Tola Capital (https://capitalatlas.ai/funds/tola-capital) — Series A, Series B
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series B
- IronSpring Ventures (https://capitalatlas.ai/funds/ironspring-ventures) — Series B