Beck Technology, a Dallas, TX-based provider of a preconstruction platform for contractors, received an investment from Pamlico Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Norbert Orth, Beck Technology empowers the construction industry to make project decisions through the preconstruction data lifecycle. Clients, ranging from local, regional, and global construction firms, use the Destini platform to conceptualize and estimate projects with speed, precision, and customization. It features the Destini Estimator estimating software, a purpose-built platform created for preconstruction and cost estimating professionals, and DESTINI Bid Day, a bid-leveling software incorporating historical bid info and risk assessment in an estimate.
Norbert Orth, a senior software executive with deep construction technology experience, will join Beck Technology as CEO. President Stewart Carroll, CTO Mike Boren, and the rest of the management team will maintain ownership in Beck Technology and continue to lead day-to-day operations. Peter Beck, chairman and founder of Beck Technology, will also maintain ownership in the Company.
The company serves over 200 customers.
FinSMEs
09/11/2023