
Sitewire is a construction finance platform designed to streamline the draw management process for lenders and institutional asset managers. The platform helps users track progress, verify work, and expedite payments by integrating AI, real-time visual media, financial tracking, and expert input. Sitewire aims to ensure same-day fund disbursement, keeping construction projects on schedule and within budget. It is utilized by a significant portion of the top 50 private lenders and major institutional players in private credit, while also supporting emerging lenders in scaling their operations efficiently. The company emphasizes its US-based team, providing high levels of support across all time zones. Sitewire's core offerings include real-time budget and draw management, same-day virtual draw inspections, onsite inspection tracking, progress monitoring, pre-close virtual walkthroughs, draw insurance, and payments/reconciliation.

Sitewire is a construction finance platform designed to streamline the draw management process for lenders and institutional asset managers. The platform helps users track progress, verify work, and expedite payments by integrating AI, real-time visual media, financial tracking, and expert input. Sitewire aims to ensure same-day fund disbursement, keeping construction projects on schedule and within budget. It is utilized by a significant portion of the top 50 private lenders and major institutional players in private credit, while also supporting emerging lenders in scaling their operations efficiently. The company emphasizes its US-based team, providing high levels of support across all time zones. Sitewire's core offerings include real-time budget and draw management, same-day virtual draw inspections, onsite inspection tracking, progress monitoring, pre-close virtual walkthroughs, draw insurance, and payments/reconciliation.
Sector: Construction monitoring & payments platform
Product focus: Draw management, virtual inspections, payments/reconciliation
Team size (reported): Approximately 15 employees
Recent funding: Seed round announced Sep 17, 2024
Construction draw management and payments for lenders and institutional asset managers
Construction monitoring & payments
Pre-seed round recorded with announced date
Seed round announced; four investors listed
“Four investors listed for Seed (including Zacua Ventures, Great Wave Ventures, Hamilton Ventures, Argonautic Ventures)”