BuildAI
Latest round
- Seed
Last raised
- Jun 2021
Total raised
- $1.5M
Investors
- 5
About BuildAI
BuildAI is a technology company focusing on optimizing crane operations for construction projects. Founded by Kristian Butcher, the company is based in Australia.BuildAI offers a suite of advanced software solutions designed to enhance the efficiency and safety of crane operations within the construction industry. Their core product, Critical Path Optimisation Software, automates tracking of project activities and re-forecasting, which is critical for managing timelines and resource allocation. Another key offering, CraneCast, provides remote visibility and transparency across multiple construction sites, enabling project teams to maintain real-time insights into operations. These tools facilitate data-driven decision-making, optimize material movements, and enhance logistics management.BuildAI generates revenue through subscription-based models for its software solutions, allowing clients to access ongoing updates and support. Transactions typically occur on a B2B basis, where construction companies integrate BuildAI's products into their existing workflows to improve operational efficiency. The pricing structure is based on tiered subscription plans, which provide varying levels of access to features like automated insights and real-time monitoring capabilities. Flagship products like the Critical Path Optimisation Software and CraneCast are central to the company’s revenue model, as they address critical pain points in construction management. The company is developing new products aimed at providing even greater insights into construction operations, although specific release dates have not been disclosed. Additionally, BuildAI is targeting expansion into new geographic markets, particularly in Europe and the Asia-Pacific regions, to meet the rising demand for construction technology solutions.
Who invested in BuildAI
5 investors across 1 round
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Funding rounds
Seed
Jun 28, 2021
Amount
$1.5M
Investors
Questions about BuildAI
Who invested in BuildAI?
BuildAI has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has BuildAI raised?
BuildAI has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did BuildAI last raise money?
BuildAI's most recent round on record is a Seed, in Jun 2021.
What does BuildAI do?
BuildAI is a technology company focusing on optimizing crane operations for construction projects.
Where is BuildAI headquartered?
BuildAI is headquartered in Australia.
Which VCs invest in companies like BuildAI?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back software companies at BuildAI's stage. Their profiles are linked below.
VCs backing software startups at Seed
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