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.
Specification
Date
Jul 15, 2024
Category
construction
Lead investor
a16z
Stage
Series A
Size
$19M
Upfront Ventures
Khosla Ventures
HF0
Matrix Partners
Kindred Ventures
Bain Capital Ventures
IVP
First Round Capital
Canaan Partners
Sequoia