HomeUSAPlanera Secures $13.5M in Series A Funding

Planera Secures $13.5M in Series A Funding

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Planera

Planera, a San Jose, CA-based provider of a construction CPM scheduling and planning solution, raised $13.5M in Series A funding.

The round was led by Sierra Ventures, with participation from Sorenson Capital, Brick and Mortar Ventures, Prudence VC and Firebolt Ventures.

The company intends to use the funds to accelerate the development and deployment of its innovative, collaborative, and visual planning tools, addressing the needs of general contractors (GCs), specialty subcontractors, and the wider construction sector.

Led by CEO Nitin Bhandari, and CTO Erik Swenson, Planera provides a full CPM-based scheduling and planning platform for the construction industry. With a multi-level whiteboard, it enables all stakeholders to create, review, and optimize schedules. The company addresses scheduling needs in all three phases: pursuit, pre-construction, and project execution.

Advanced features include built-in schedule quality audit, real-time progress tracking and Monte Carlo risk simulation.

FinSMEs

27/08/2024

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