Buildots, a construction tech startup founded in 2018, is changing how construction managers track and oversee projects. With its AI-powered platform, the company is bridging the gap between on-site reality and project management tools, allowing managers to stay informed in real time. The system uses 360-degree cameras mounted on workers’ hard hats to capture images, providing managers with a comprehensive view of the construction site. Not only does it track progress, but it also forecasts potential delays and risks, helping managers make data-driven decisions, a significant leap from relying on inconsistent or delayed information from various sources.
The platform’s ability to predict risks before they escalate into costly problems is transformative for construction teams. Buildots’ clients, including major players like Intel and around 50 construction firms, are already benefiting from the system. CEO Roy Danon highlights how the platform empowers stakeholders to make informed decisions based on real, measurable data. This innovation is changing the construction industry, especially as managers and executives now have a clearer picture of their projects and can better assess risks like contractor billing or performance issues.
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To accelerate its growth, Buildots raised $45 million in a Series D funding round, bringing its total funding to $166 million. This new capital will help the company expand its platform across more stages of the construction lifecycle, using historical data to further optimize construction project performance. Buildots plans to increase its focus on R&D and expand its North American operations, further strengthening its presence in the AI construction space.
The competition is intensifying as other AI-driven startups like BeamUp and Versatile also offer solutions to the construction industry. However, Buildots stands out with its operations-focused platform that tackles performance management and site tracking, a crucial feature for construction projects. As the construction industry increasingly embraces AI, Buildots’ approach is gaining traction, with the funding validating the market demand for transformation in this sector.
With over 230 employees, Buildots is growing rapidly, aiming to position itself as a leader in the construction tech space. The company is confident that its AI platform will continue to reshape how construction projects are managed, ultimately improving efficiency, reducing risks, and delivering better outcomes for the industry.
