
Sitewire is a construction finance platform designed to streamline the draw process for lenders and institutional asset managers. It offers an all-in-one solution featuring same-day virtual inspections, onsite inspection tracking, and comprehensive management software. The platform aims to speed up draws, reduce risk, and improve relationships by providing real-time budget and draw management, progress monitoring, and payment reconciliation. Sitewire is utilized by over a third of the top 50 private lenders and major institutional players in private credit, as well as supporting emerging lenders in scaling their operations. The company emphasizes its US-based team for high-level service and support across all time zones. Their business model is SaaS, with products including Budget & Draw Management, Pre-Close Virtual Walkthroughs, Same-Day Draw Inspections, Construction Site Health Checks, Draw Insurance & Loss Protection, and Payments & Reconciliation.

Sitewire is a construction finance platform designed to streamline the draw process for lenders and institutional asset managers. It offers an all-in-one solution featuring same-day virtual inspections, onsite inspection tracking, and comprehensive management software. The platform aims to speed up draws, reduce risk, and improve relationships by providing real-time budget and draw management, progress monitoring, and payment reconciliation. Sitewire is utilized by over a third of the top 50 private lenders and major institutional players in private credit, as well as supporting emerging lenders in scaling their operations. The company emphasizes its US-based team for high-level service and support across all time zones. Their business model is SaaS, with products including Budget & Draw Management, Pre-Close Virtual Walkthroughs, Same-Day Draw Inspections, Construction Site Health Checks, Draw Insurance & Loss Protection, and Payments & Reconciliation.
What they do: Construction loan draw management platform with virtual inspections, budget & draw management, and payments/reconciliation
Headquarters / ops: Lafayette, California; operations in Fresno, CA and Jackson, MS
Customers: Used by over a third of the top 50 private lenders and major institutional private credit players
Team size: Approximately 15 employees
Recent funding: Seed round (~$3.2M) in Sep 2024; total funding reported ~$3.17M
Construction finance / construction loan draw management and site verification
Fintech / Construction Tech
Pre-Seed round reported Nov 2022
3200000.00
Seed round participants reported to include Argonautic Ventures, Zacua Ventures, Great Wave Ventures, Hamilton Global Opportunities
“Seed led by Zacua Ventures with participation from Argonautic Ventures, Great Wave Ventures, and Hamilton Global Opportunities”