Planera Raises $5.4M in Seed Funding

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Planera, a San Jose, CA-based construction tech startup, raised $5.4M in Seed funding.

Backers included Sorenson Ventures, and Firebolt Ventures.

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

Founded in November 2021 by Nitin Bhandari, CEO, Planera a visual scheduling and planning solution that helps construction companies build, analyze, and optimize schedules to increase profitability. Its collaborative digital whiteboard can create resource-loaded CPM schedules for the construction industry. With Planera, users can generate comprehensive schedules in hours, identifying opportunities to reduce risk and improve project profitability. Real-time collaboration mean all stakeholders can contribute to the schedule, saving time and improving the overall quality of the schedule. 

Prior to creating Planera, Bhandari was the founder of Zenlabs, which was a company that used screentime monitoring and wellness tools to promote online mindfulness and combat the digital attention crisis. Zenlabs was acquired by Life360 in 2019, and Bhandari joined Life360 as their Vice President of Strategic Initiatives. Previously, Bhandari was the founder and CEO of Skyfire, which was acquired by Opera Software.

FinSMEs

17/05/2023