Total amount raised
$69.1 Million
Latest funding date
2017-09-14
Location
PlanGrid has successfully raised significant funding over multiple rounds, evolving into a comprehensive construction productivity platform. The software offers real-time access to project plans, issues, photos, and more, ensuring seamless collaboration for General Contractors, Subcontractors, and owners.
Keep reading to explore the intricacies of PlanGrid's fundraising journey and the investors backing this innovative platform.
What Is PlanGrid?
PlanGrid is a cloud-based construction productivity software that provides real-time access to project plans, issues, photos, forms, and more. It has been integrated into Autodesk Build, which combines features from PlanGrid and BIM 360, offering enhanced tools for construction management.
PlanGrid operates within the construction management and productivity software industry. It is available on web, iOS, Android, and Windows platforms, making it accessible for general contractors, subcontractors, and owners to collaborate seamlessly.
How Much Funding Has PlanGrid Raised?
- Seed Round
- Amount Raised: USD 1,100,000
- Date: May 2012
- Series A
- Amount Raised: USD 18,000,000
- Date: July 2014
- Lead Investors: Sequoia Capital
- Series B
- Amount Raised: USD 50,000,000
- Date: November 2015
- Lead Investors: Tenaya Capital
- Secondary Market
- Date: September 2017
PlanGrid has raised a total of USD 69,100,000 over its funding rounds.
Key Investors
- Sequoia Capital
- Details: Sequoia Capital is a prominent venture capital firm based in Menlo Park, California. They have a long history of investing in early-stage companies that have grown into industry leaders.
- Investment Focus Areas: Technology, healthcare, consumer services
- Notable Investments: Apple, Google, WhatsApp
- Tenaya Capital
- Details: Tenaya Capital is a venture capital firm that focuses on investing in high-growth technology companies. They are known for their strategic support and long-term investment approach.
- Investment Focus Areas: Software, internet, communications
- Notable Investments: HubSpot, Palo Alto Networks, Zuora
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