Foresite Technology Solutions, LLC, a Costa Mesa, Calif.-based technology company focused on the construction industry, raised $8m in financing round.
The round was led by Gallant Capital Partners.
The company intends to use the funds to deploy its construction platform to support builders and trades in driving efficiencies, safety, quality, training and regulatory compliance directly at the jobsite.
Led by John Gillett, founder and CEO, Foresite is a construction platform that provides intelligent profitability management for field operations, serving builders, trade contractors, manufacturers, and insurers, in addition to control over critical operational processes. Users access preconfigured content-based solutions such as workforce efficiency and productivity, logistics, safety, quality control, and regulatory compliance, rapidly driving process optimization at the jobsite.
The company, which was founded in June, 2021, will deploy its flagship product in the third quarter of 2022.
FinSMEs
30/06/2022