Sitewire, a San Francisco, CA-based provider of a cloud and mobile construction finance platform, raised $3.17M in Seed funding.
The round was led by Zacua Ventures, with Argonautic, Great Wave, and Hamilton Ventures also participating.
The company intends to use the funds to support the expansion of its platform, enhance its network of partners, and bolster its presence in key homebuilding markets.
Led by CEO Bryan Kester, Sitewire is a provider of a construction finance platform that helps lenders and institutional asset managers track project progress, automate work verification, and speed up payments. By combining AI, real-time visual media, financial tracking and expert input, it ensures that funds flow the same day, keeping construction projects on time and on budget.
FinSMEs
18/09/2024