How Much Did PlanGrid Raise? Funding & Key Investors

PlanGrid, a construction productivity software, has transitioned to Autodesk Build, offering enhanced features for project management. The platform allows General Contractors, Subcontractors, and owners to access project plans, issues, photos, forms, and more in real-time.

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 allows General Contractors, Subcontractors, and owners to access project plans, issues, photos, forms, and more in real-time. It has been integrated into Autodesk Build, which combines the best features of PlanGrid and BIM 360.

Operating within the construction management software industry, PlanGrid offers additional features such as meetings and schedule tools, asset and model-based tracking, cost controls, risk analysis, and more robust RFIs and submittals. The software is available on iOS, Android, and Windows platforms.

How Much Funding Has PlanGrid Raised?

1. Seed Round
   • Amount Raised: $1.1M
   • Date: May 2012
   • Lead Investors: -
2. Series A
   • Amount Raised: $18M
   • Date: July 2014
   • Lead Investors: Sequoia Capital
3. Series B
   • Amount Raised: $50M
   • Date: November 2015
   • Lead Investors: Tenaya Capital
4. Secondary Market
   • Amount Raised: -
   • Date: September 2017
   • Lead Investors: -

PlanGrid has raised a total of $69.1M in funding.

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 to become industry leaders.
  • Investment Focus Areas: Technology, healthcare, consumer services, financial services, energy.
  • Notable Investments: Apple, Google, Airbnb.
• 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, electronics, energy.
  • Notable Investments: HubSpot, Palo Alto Networks, Zuora.

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