Tuesday, June 25, 2024
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HomeTech NewsTraceAir, a construction software startup targeting land development projects, raises $25M

TraceAir, a construction software startup targeting land development projects, raises $25M

Seattle-based startup TraceAir announced a $25 million Series B funding round to boost its project management software used by home builders and land developers.

  • Founded in 2015, TraceAir aims to improve efficiency and automation by surveying project data with drones that can be analyzed by its software platform.
  • PeakSpan Capital led the round, which included participation from Flashpoint Venture Capital and other existing investors.
  • The company was co-founded by Maria KhokhlovaDmitry KorolevAlexander Solovyev, and Nikita Ushakov. Korolev, TraceAir’s CEO, previously led a facilities monitoring company called the Karlsson Project.

Source

geekwire.com

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