# SiteAware

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

- Industry: Construction
- Headquarters: Houston, US
- Website: www.siteaware.com
- Total disclosed funding: $25M
- Latest round: Series B (Jan 26, 2022)
- Investors on record: 9

## About

SiteAware Inc. is a technology company specializing in an AI-powered Quality Management Platform designed for the construction industry, offering real-time verification of construction elements to enhance project accuracy and compliance.Founded in 2015 in Houston, US, SiteAware Inc. focuses on delivering innovative solutions for the construction sector. The company was established by Ori Aphek and has successfully completed four funding deals, including a Series B round in January 2022, raising USD 15.00 mn led by Vertex Ventures Israel, with participation from various investors. The company's headquarters is located in Houston, and it has expanded its operations to major cities across the United States and Canada.SiteAware specializes in an AI-powered Quality Management Platform tailored for the construction industry. This platform provides comprehensive verification of construction elements in real-time, addressing deviations across structures, envelopes, and interior construction. By leveraging advanced data analytics, SiteAware enables stakeholders—ranging from general contractors to project managers—to monitor project performance, manage trade partners, and ensure compliance with design specifications. The platform's features include real-time concrete verification, layer-by-layer façade verification, and clearance checks before closing walls, thereby minimizing costly rework and enhancing project execution quality. SiteAware's customer base spans major metropolitan areas across the United States, including Austin, Los Angeles, San Francisco, and New York, as well as Calgary in Canada, serving a diverse range of clients, from general contractors to developers across various large-scale construction projects.SiteAware generates revenue through a subscription-based model for its Quality Management Platform, allowing clients to access various features and functionalities depending on their needs. This structure supports business-to-business transactions, where companies in the construction sector subscribe to the platform for ongoing access to its verification capabilities and data analytics. Revenue transactions are facilitated through tiered pricing plans, which may include options for different levels of service, such as basic verification functions or more advanced features tailored to larger enterprises. The platform's services provide significant value by enhancing project efficiency and accuracy, driving demand from clients looking to maintain competitive advantages in the construction landscape. Specific details regarding pricing or revenue figures have not been disclosed.In January 2022, SiteAware Inc. raised USD 15.00 mn in Series B funding to accelerate growth and establish Digital Construction Verification (DCV) as a new technological standard across the US construction industry. The company plans to leverage this funding to enhance its platform capabilities and expand into new geographical markets, with a focus on increasing its presence in additional cities across North America. Specific new product features are currently in development, aiming for release in the near term to enhance the user experience and broaden the range of services offered.

## Funding rounds

- Series B, Jan 26, 2022, $15M — Vertex Ventures Israel, Robert Bosch Venture Capital, lool ventures, Horizon Capital, Kluz Ventures, Axon Ventures
- Series A, Oct 8, 2020, $10M — Robert Bosch Venture Capital, lool ventures, Power Capital, Horizon Capital, Kluz Ventures, Axon Ventures
- Seed, Dec 9, 2016 — Battery Ventures, Global Brain, lool ventures, Horizon Capital

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Seed
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Seed
- lool ventures (https://capitalatlas.ai/funds/lool-ventures) — Seed, Series A, Series B
- Horizon Capital — Seed, Series A, Series B
- Robert Bosch Venture Capital (https://capitalatlas.ai/funds/robert-bosch-venture-capital) — Series A, Series B
- Power Capital (https://capitalatlas.ai/funds/power-capital) — Series A
- Kluz Ventures (https://capitalatlas.ai/funds/kluz-ventures) — Series A, Series B
- Axon Ventures — Series A, Series B
- Vertex Ventures Israel (https://capitalatlas.ai/funds/vertex-ventures-israel) — Series B