PermitFlow Closes $5.5M Seed Funding Round

PermitFlow, a San Jose, CA-based provider of construction permit application and management software for builders and owners, raised $5.5M in Seed funding.

The round was led by Initialized Capital, with participation from PlanGrid, Procore, Bluebeam, Thumbtack, Opendoor, Zillow, and Mighty Buildings.

The company intends to use the funds to expand operations and its development efforts and business reach.

Founded in 2021 by Samuel Lam and Francis Thumpasery, PermitFlow is a construction permit application and management platform for builders and owners. The company works to streamline and simplify construction permitting in the United States. Its software reduces time to permit while standardizing municipalities’ building permit submittal process in a single platform and support permitting end-to-end including permit research, application preparation, submission, and monitoring.

In the near-term, the company is focused on further streamlining its customers’ permitting experience via increased automation and additional integrations while building out add-on software and support to serve permitting-related needs.

FinSMEs

09/05/2023