SiteAware, a Hoston, TX-based Digital Construction Verification (DCV) technology, raised $15m in Series B funding round.
The round was led by Vertex Ventures Israel, with participation from existing investors Robert Bosch Venture Capital GmbH, Axon Ventures, Oryzn Capital, The Flying Object, and lool Ventures.
The company will use the funds to accelerate continued growth and establish DCV as a new technological standard across the US construction industry.
Founded in 2015 by Zeev Braude, CEO, SiteAware provides a DCV platform that streamlines construction and prevents errors by generating in-process actionable insights through complete verification of the building’s structure, shell and interiors. Its purpose-built digital twinning technology, combined with its proprietary AI, verifies each installed element against the building plans in real time. Field teams receive actionable insights in real time, allowing them to prevent errors and ensure that everything is built according to plans.