Ontraccr Technologies, a Vancouver, Canada-based construction management software provider, closed a $1.2m seed funding round.
Backers included LAB Ventures and Buildtech Ventures.
The company intends to use the funds to expand operations and its business reach into more industry segments, and further into the US market.
Led by Syed Ahmed, CEO and co-founder, Ontraccr is a no-code platform engineered for the construction industry, designed to streamline business operations through automation. Ther primary feature is a no-code automation design, specifically crafted to meet the needs of construction companies. The adaptable platform ensures that construction businesses of all sizes can adjust and optimize their operations, avoiding the one-size-fits-all trap that many other platforms fall into.
Ontraccr also focuses on helping businesses transition smoothly into digitizing their operations. The platform simplifies the technological landscape for construction companies by consolidating multiple tools into a single, integrated solution.
FinSMEs
11/03/2024