Buildup, a Palo Alto, CA-based mobile collaboration and task management platform for construction jobsites, raised $7m in Series A funding.
Backers included TLV Partners, UpWest Labs, 01Ventures, Abstract Ventures, as well as Check founders Guy Goldstein and Ahikam Kaufman. As part of the financing, Eitan Bek, Managing Partner at TLV Partners, will join the Buildup board of directors.
The company intends to use the funds to expand its engineering, sales, and marketing teams, while continuing to build out its product offering for construction projects.
Led by CEO Oren Cohen and CTO Yael Sherman, Buildup is a jobsite collaboration platform for construction companies, including developers, general contractors, subcontractors, and property managers. Available on mobile devices and the web, the platform enables companies to identify and resolve tasks and issues with features including dynamic punchlists, easy task creation, automated task sequencing, quality control mechanisms, project insights, subcontractor performance analysis, etc.
FinSMEs
22/11/2017