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
Scale Venture Partners
Tola Capital
Goldman Sachs
Sequoia
Bain Capital Ventures
Lerer Hippeau
Valor Equity Partners
Dragonfly
NEA
Khosla Ventures
Sam Altman