BuildVision, a Charleston, NC-based provider of a commercial construction procurement platform, raised $10M in Series A funding.
The round was led by Norwest Venture Partners with participation from existing investor Crosslink Capital. Sean Jacobsohn, partner at Norwest Venture Partners, will join BuildVision’s board.
The company intends to use the funds to accelerate development of its cloud-native procurement platform with new product and engineering hires, new artificial intelligence (AI)-powered automations, expand adoption among the top 100 ENR contractors and grow build supplier and OEM partnerships.
Led by CEO Mike Powers and CTO Christophe Prakash, BuildVision provides a digital-first platform that enables construction companies to aggregate demand across projects, access competitive pricing, mitigate risk through supplier diversification and procurement standardization, manage relationships at scale and achieve cost savings.
FinSMEs
27/03/2025