SiteAware: Closes $15M Series B Funding

SiteAware Closes $15M Series B Funding

• SiteAware, a Hoston, TX-based Digital Construction Verification (DCV) technology, raised $15m in Series B funding round
• The round was led by Vertex Ventures Israel, with participation from existing investors Robert Bosch Venture Capital GmbH, Axon Ventures, Oryzn Capital, The Flying Object, and lool Ventures
• The company will use the funds to accelerate continued growth and establish DCV as a new technological standard across the US construction industry
• The company provides a DCV platform that streamlines construction and prevents errors by generating in-process actionable insights through complete verification of the building’s structure, shell and interiors
• Its purpose-built digital twinning technology, combined with its proprietary AI, verifies each installed element against the building plans in real time
• Field teams receive actionable insights in real time, allowing them to prevent errors and ensure that everything is built according to plans