Adaptive
CompanyThe construction industry has a slow payments problem. Studies have found that it takes anywhere from two to three months on average for construction companies to get paid, due to factors such as delays, multiple payment layers and cost overruns.
Date
Jul 15, 2024
Category
construction
Lead investor
a16z
Stage
Series A
Size
$19M
Thrive Capital
Obvious Ventures
J.P. Morgan
Altimeter Capital
Benchmark
Accel
Left Lane Capital
Initialized Capital
Bain Capital Ventures
Activant Capital