INDUS.AI (Acquired by Procore Technologies)

Construction Intelligence: Build with Confidence

Add To Watchlist
General Information
Company Name
INDUS.AI (Acquired by Procore Technologies)
Founded Year
2017
Location (Offices)
San Francisco, United States +2
Founders / Decision Makers
Navin Kaminoulu - Co-Founder and COO Babak Salimi - VP of Marketing Widienc Ieidi - Growth Marketing Andrey Yruski - CTO Arthur Pazdan - VP of Customer Success
Number of Employees
8
Industries
AI, SaaS, Construction +1
Funding Stage
Series A
Social Media

INDUS.AI (Acquired by Procore Technologies) - Company Profile

INDUS.AI (Acquired by Procore Technologies)

INDUS.AI offers a construction intelligence platform that enables developers, project managers, and general contractors to optimize labor, equipment, and materials, thus ensuring that construction projects stay on budget. The software utilizes a proprietary machine vision neural network to accurately recognize over 100 types of construction equipment and activities, using live video streams from secure IP cameras to identify inefficiencies on construction sites.

Founded in 2017, INDUS.AI has garnered substantial attention in the AI, SaaS, Construction, and Machine Learning sectors. The company's last investment round, a $8.00M Series A investment on 18 September 2019, attracted notable investors including Foundamental, Spero Ventures, BootstrapLabs, GroundBreak Ventures, Millennium New Horizons, UP2398, and Bossanova Investimentos.

With offices in San Francisco and Toronto, the acquisition by Procore Technologies further solidifies INDUS.AI's position as a leader in utilizing advanced real-time project controls for enhancing construction efficiency and accuracy.

Taxonomy: Construction Intelligence, SaaS Platform, Computer Vision, Construction Analytics, Real-time Project Controls, Construction Management, Construction Safety, Productivity Optimization, Construction Surveillance, Analytics Intelligence, Real-time Visibility, Efficiency Improvement

Funding Rounds & Investors of INDUS.AI (Acquired by Procore Technologies) (2)

View All
Funding Stage Amount No. Investors Investors Date
Series A $8.00M 7
Foundamental, investor in INDUS.AI (Acquired by Procore Technologies)'s Series A round Spero Ventures, investor in INDUS.AI (Acquired by Procore Technologies)'s Series A round BootstrapLabs, investor in INDUS.AI (Acquired by Procore Technologies)'s Series A round GroundBreak Ventures, investor in INDUS.AI (Acquired by Procore Technologies)'s Series A round Millennium New Horizons, investor in INDUS.AI (Acquired by Procore Technologies)'s Series A round UP2398, investor in INDUS.AI (Acquired by Procore Technologies)'s Series A round
Bossanova Investimentos 		18 Sep 2019
Seed Round $3.70M 3
Spero Ventures, investor in INDUS.AI (Acquired by Procore Technologies)'s Seed Round round BootstrapLabs, investor in INDUS.AI (Acquired by Procore Technologies)'s Seed Round round Creative Destruction Lab, investor in INDUS.AI (Acquired by Procore Technologies)'s Seed Round round
24 Jul 2018

Latest News of INDUS.AI (Acquired by Procore Technologies)

View All

No recent news or press coverage available for INDUS.AI (Acquired by Procore Technologies).

Similar Companies to INDUS.AI (Acquired by Procore Technologies)

View All
BuildEffective - Similar company to INDUS.AI (Acquired by Procore Technologies)
BuildEffective Eliminate Chaos, Deliver Results!
Arventek - Similar company to INDUS.AI (Acquired by Procore Technologies)
Arventek Gaze the Future from the Skies!
Evercam - Construction Visibility - Similar company to INDUS.AI (Acquired by Procore Technologies)
Evercam - Construction Visibility Helping construction companies to communicate better and be more efficient.
SafeGuard Applied Innovation LTD - Similar company to INDUS.AI (Acquired by Procore Technologies)
SafeGuard Applied Innovation LTD If you can predict it, You can prevent it.
koppla - Similar company to INDUS.AI (Acquired by Procore Technologies)
koppla We turn chaos into ease! The intuitive scheduling tool for construction.
Circle Decoration Circle Decoration

Want to dive deeper into INDUS.AI (Acquired by Procore Technologies)? Join now to access exclusive insights and find similar companies like this — powered by AI analytics.

Register Now