Assignar, a Denver, Colorado-based provider of a cloud construction operations platform for infrastructure contractors & projects, raised $20m in Series B funding.
The round was led by Fifth Wall, with participation from Tola Capital and Ironspring Ventures.
The company intends to use the funds to grow its business in North America and double its team by hiring for roles across all departments and also plans to invest in R&D and product development to further develop its core platform.
Founded in 2014 by Sean McCreanor and Marko Tomic, Assignar is a cloud-based construction operations platform that helps self-perform general and subcontractors improve productivity and operations, such as labor, crew and equipment management, resource loaded scheduling, field data, timesheets and more. The solution works with hundreds of customers, ranging from multinational, multi-billion dollar companies to specialist contractors with as few as five crews. Customers operate in infrastructure, road, rail, civil, utilities and other construction disciplines. The company has offices in Denver, Colorado and Sydney, Australia.
FinSMEs
19/05/2021