Buildots raises $130 million in late-stage funding to expand its AI-powered construction management platform, bringing total capital raised to $297 million. Its computer-vision software turns site video into live project representations and compares progress with schedules and 3D building models to identify completed work, deviations and potential delays. The company plans to expand in North America and Europe, cover more construction stages and give executives portfolio-wide project intelligence.
Buildots raises $45 million in a Series D round to expand its AI-powered construction-progress platform. The Chicago startup processes images from 360-degree cameras mounted on managers’ hard hats to track project progress and flag potential delays; its clients include Intel and around 50 construction firms. Led by Qumra Capital, the round brings Buildots’ total funding to $166 million, and the company plans to use the proceeds to cover more stages of construction.