Firms that help builders get materials, remain compliant and communicate on the jobsite were the recipients of recent venture capital funding. Artificial intelligence, in particular, remains a point of interest for contractors as they seek to leverage the technology to gain a competitive edge over their peers.
Here are six construction technology-focused firms that recently raised investor cash.
Qbiq
$16 million
Tel Aviv, Israel-based architectural planning startup qbiq obtained $16 million in a Series A funding round, the company announced on Jan. 15. The round was led by New York City-based global software investor Insight Partners.
Qbiq’s software enables non-architects and architect users alike to immediately plan, visualize and optimize a given space, according to the release. With simple inputs that might include seat count or finish material requirements, qbiq says its artificial intelligence engine can generate a complete design package that includes optimized floor plans, 3D visualizations and quantity estimates.
With the investment, qbic will continue its drive to standardize automated architectural functionality in commercial real estate.
Jones
$15 million
New York City-based insurance verification software firm Jones raised $15 million in a Series B funding round, according to a Jan. 7 news release. Radnor, Pennsylvania-based growth equity firm NewSpring Capital led the round.
Jones is an AI-driven vertical software company that helps real estate and construction clients accelerate the collection of insurance certificates, endorsements and policies, per the release. It also helps builders verify compliance and integrates bi-directionally with key enterprise resource planning systems.
With the investment, the company plans to expand software workflows and deepen ERP integrations. It also plans to release what it calls “a suite of AI-powered agents,” or smart assistants that automate routine tasks, reduce manual workloads and offer autonomous decision-making.
Kraaft
$13.5 million
Paris-based construction communications firm Kraaft raised 13 million euros ($13.5 million) in a Series A funding round led by London-based investor Dawn Capital, according to EU Startups.
Kraaft bills itself as the “WhatsApp of construction,” according to the company’s website. Builders and craftspeople can exchange photos, messages and documents within the platform, and manage plans, permits and work orders.
In 2025, Kraaft plans to introduce new features, such as planning and time sheets for project management, along with API integrations for large services such as Procore, according to EU Startups.
GovSignals
$5.5 million
Washington, D.C.-based contract acquisition firm GovSignals completed a $5.5 million Seed funding round and launched what it says is the first AI-driven platform to automate the full process of finding and bidding on government contracts, according to Dec. 9 news release. The round was led by Unusual VC, a Menlo Park, California-based venture capital firm.
GovSignals claims to remove much of the time and complexity of government contracting with its AI engine that scans for new opportunities and flags relevant projects for users. The firm says the tool helps companies create compliant proposals — meaning they hit every requirement specified in the RFP — with just a few clicks, completing in minutes tasks a research team would need months to finish.
With the funding, GovSignals will invest in hiring and product development.
Ruck
$5 million
Provo, Utah-based materials marketplace Ruck, which refers to itself as “the DoorDash for construction professionals,” raised $5 million in a Seed funding round, according to a Jan. 4 LinkedIn post from CEO Lee Chang. The round was led by two investment firms — Chicago-based Snak Venture Partners and Miami-based Animo Ventures.
Ruck acts as a last-mile marketplace for construction materials based on a builder’s geographic area, according to the company’s website. Builders in Utah, Arizona and Nevada can order through local stores, and Ruck claims its couriers will deliver the items in as fast as two hours.
In 2025, the company plans to expand its services to Idaho, Colorado and Texas, according to its website.
CodeComply.AI
$2 million
Miami-based compliance startup CodeComply.AI completed a $2 million Seed round led by Winter Park, Florida-based Govo Venture Partners, the investment firm announced on Jan. 15.
The company uses AI to help architects, contractors, developers and permit expediters submit plans that the firm says are fully compliant with building codes. It also equips public building departments with tools to review plans more swiftly and efficiently, per the release.
CodeComply.AI was co-founded by Patrick Murphy, a former congressman and the CEO of another AI-driven firm — the estimating and takeoff software company Togal.AI.
“By harnessing the power of artificial intelligence, we can eliminate the backlog of construction projects waiting for approvals and accelerate construction to address the housing crisis head-on,” Murphy said in the release.
