BiltOn (fka Beti), a NYC-based construction operations & risk management software provider, closed a $15m Series B funding round.
The round was led by PSG Equity, with additional participation from Titan Capital and 97212 Ventures. As part of this funding, Jeff Wilpon, founding partner and CEO of Sterling Project Development, joined Beti’s advisory board.
The company intends to use the funds to expand nationally, and enhance its suite of platform features.
Led by Omer Slavin, founder, and CEO, BiltOn is a construction operations & risk management software platform that empowers owners and general contractors to track and manage labor, safety, and compliance challenges during construction and in the future.
Since its founding in 2018, BiltOn has rapidly expanded its platform to empower owners and general contractors in managing workforce, safety, and compliance during the construction process. With both web and mobile accessibility, the platform offers a range of tools, including 3D facial recognition for workforce verification, automated time tracking for payroll, daily logs, incident reporting, safety checklists, permit management, and certification tracking. These features aim to centralize data and improve project oversight, helping users navigate complex regulatory requirements.
Currently, BiltOn supports over 1,200 construction companies across more than 3,000 active job sites globally. The platform serves a wide range of construction verticals, including civil, industrial, commercial, residential, and healthcare sectors. Since launching in the U.S., the company has experienced growth and expanded its team to more than 70 employees. Among its clients are some prominent general contractors such as Consigli, Rudin, Hunter Roberts, SD Builders, and OKO Group.
BiltOn integrates seamlessly with widely used construction management tools such as Procore and Autodesk. The platform also complies with New York City Department of Buildings standards, offering a streamlined approach to managing project data and meeting regulatory requirements.
FinSMEs
22/10/2024