BuiltUp Ventures Invests in Trusstor and StructShare

BuiltUp Ventures, a Tel Aviv- and New York-based investor in early-stage Israeli proptech companies, made financial commitments to Trusstor and StructShare, two Israeli construction tech startups.

Led by Omri Sorek, CEO & Co-Founder, Trusstor is a next generation command and control system powered by real-time location and site condition sensors, creating a safer and more productive working environment for the construction industry. The system provides valuable insights for construction site management, including real-time monitoring of all site resources, accelerating response time to unplanned events and enforcement of health and safety regulations.

Co-founded by Arik Davidi and Or Lakritz, StructShare has created an online platform that automates the entire purchasing and material handling workflows for contractors, while connecting suppliers and streamlining communication. Driven by artificial intelligence and smart algorithms, the system helps make procurement processes more time and cost effective.

Led by Oded Eliashiv, Principal and Founding Managing Partner, BuiltUp Ventures invests in innovative, early-stage property technology (proptech) startups. The venture capital firm utilizes a hands-on approach and longstanding industry expertise to increase its partner companies’ opportunities for success.

Additional companies BuiltUp Ventures has invested in over the last two years include MyTower, SolidBlock, Augmind, Innovesta, and Everflow.

FinSMEs

22/10/2020

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