
Field Materials is an AI-powered procurement platform designed for the construction industry. It streamlines the material and equipment procurement process by automating the handling of purchase orders, delivery slips, invoices, and inventory management. The platform leverages AI to process documents, eliminate manual data entry, and identify errors in vendor invoices, aiming to save companies 5-10% on material costs. Key features include tracking orders, automated quote analysis, material requests via a mobile app, and AI-driven invoice validation. Field Materials integrates with various accounting software such as Procore, Sage, Viewpoint, and QuickBooks. The company serves multiple construction trades, including mechanical, electrical, framing, civil, concrete, and insulation contractors, and also caters to vendors. Founded by serial entrepreneurs with prior successful exits, the company emphasizes transparency, excellence, and perseverance, with a mission to bring state-of-the-art AI to construction procurement.

Field Materials is an AI-powered procurement platform designed for the construction industry. It streamlines the material and equipment procurement process by automating the handling of purchase orders, delivery slips, invoices, and inventory management. The platform leverages AI to process documents, eliminate manual data entry, and identify errors in vendor invoices, aiming to save companies 5-10% on material costs. Key features include tracking orders, automated quote analysis, material requests via a mobile app, and AI-driven invoice validation. Field Materials integrates with various accounting software such as Procore, Sage, Viewpoint, and QuickBooks. The company serves multiple construction trades, including mechanical, electrical, framing, civil, concrete, and insulation contractors, and also caters to vendors. Founded by serial entrepreneurs with prior successful exits, the company emphasizes transparency, excellence, and perseverance, with a mission to bring state-of-the-art AI to construction procurement.
What they do: AI-powered procurement platform for construction materials and equipment
Product strengths: Automates extraction from quotes, matches POs/delivery slips/invoices, integrates with construction ERPs
Scale metrics: $900M+ processed; 17,000+ projects; 21,000+ vendors (company metrics)
Funding: Total reported funding $18.65M; Series A announced Apr 30, 2025
Founded / HQ: Founded Jan 2022; U.S. (Charlotte, North Carolina reported)
Construction procurement friction: manual data entry, invoice mismatches, inefficient PO/AP workflows, and material cost leakage.
2022
Construction technology / Procurement software
10500000.00
Series A announced Apr 30, 2025 with reported participation from Blumberg Capital, DivcoWest, Superseed Ventures, and s16vc
“Backed by multiple venture investors including Navitas Capital, Blumberg Capital, DivcoWest, Superseed Ventures, and s16vc”