# PULLEY STUDIOS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pulley-studios

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.withpulley.com
- Total disclosed funding: $54M
- Latest round: Series B (Jul 13, 2022)
- Investors on record: 10

## About

Pulley Studios, Inc. is a technology firm specializing in a construction permitting platform that simplifies the permitting process for project teams across various sectors, enhancing project efficiency and collaboration.Founded in 2021 in San Francisco, US, Pulley Studios, Inc. operates in the construction technology sector, providing a platform for managing construction permits. The company has successfully completed three funding deals to date, with the latest being a Series B round in July 2022, raising USD 40.00 mn led by Founders Fund with participation from Stripe. The founder, Mark Erdmann, has a history of entrepreneurial ventures, although details of other companies are not provided.Pulley offers a comprehensive construction permitting platform designed to streamline the permitting process for project teams in retail, architecture, contracting, and development. Users can access tailored permit plans, submit applications, manage fees, and monitor permit statuses in real time. The platform's functionalities include automated workflows for city feedback responses and centralized permit tracking across jurisdictions, serving a diverse clientele in the United States.Pulley's revenue model is based on a subscription structure, allowing unlimited users to collaborate on projects via the platform. Clients pay annual or monthly fees for access to services like real-time permit monitoring and automated workflows. This subscription model caters to a broad array of construction and development projects, focusing on efficient permit management.Looking ahead, Pulley plans to enhance its platform with new features designed to further streamline the permitting process. The recent Series B funding of USD 40.00 mn will support these developments. The company aims to expand into new geographic markets, specifically targeting the East Coast of the US by the end of 2023, thereby broadening its client base and operational reach.

## Funding rounds

- Series B, Jul 13, 2022, $40M — Founders Fund, Stripe
- Seed, Jun 2, 2022, $4.4M — BoxGroup, Susa Ventures, Fifth Wall Ventures, South Park Commons, Suffolk Construction
- Series A, Oct 21, 2020, $10M — General Catalyst Partners, Caffeinated Capital, 8VC, Stripe

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- Caffeinated Capital (https://capitalatlas.ai/funds/caffeinated-capital) — Series A
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A
- Stripe — Series A, Series B
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed
- Susa Ventures (https://capitalatlas.ai/funds/susa-ventures) — Seed
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Seed
- South Park Commons (https://capitalatlas.ai/funds/south-park-commons) — Seed
- Suffolk Construction — Seed
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series B
