GreenLite, an Austin, TX-based-based technology company that streamlines construction and development, is announcing its official public launch along with $8M in seed funding.
The round was led by Trust Ventures with participation from LiveOak Ventures, and Chicago Ventures.
The company will use the funds to build out its go-to-market team, expand to new markets across the US, and further enhance its software and services platform in service to customers.
Led by James Gallagher, CEO, and Ben Allen, COO, GreenLite provides a platform that makes getting a construction permit fast, predictable, and transparent. Its software allows customers to collaborate with engineers, architects, contractors, and stakeholders to reduce risk, keeping everyone on the same page. Users submit for building permits in minutes via a guided workflow. GreenLite’s team of multidisciplinary experts work to ensure applications are code compliant, complete and meet all submission requirements. GreenLite’s in-house team prevents unnecessary delays and serves as a partner to help development teams understand and clarify next steps. The platform also provides real-time updates from a central dashboard to replace late-night phone calls, texts and fragmented emails – giving customers predictability in forecasting when they can start construction – and open.
They’ve already supported hundreds of businesses – including five of the top 10 largest global retailers, franchises, EV charging networks, and small businesses – to empower faster openings that support local community development. Some of its innovative, early customers include iconic brands like Chick-fil-A, Chipotle, and Dominos.
FinSMEs
31/10/2023