VERSATILE
Versatile is a construction technology company that provides an AI-powered hardware and software solution to connect field operations with office decisions. Their non-intrusive system collects valuable jobsite production data from crane operations, enabling earlier demobilization of cranes, avoidance of overtime, and tracking of site productivity. The solution generates daily reports from thousands of data points within the pick cycle, providing insights to positively impact safety, construction scheduling, and task efficiency. Versatile aims to transform construction into a controllable manufacturing process, trusted by top construction firms in North America.
VERSATILE
Versatile is a construction technology company that provides an AI-powered hardware and software solution to connect field operations with office decisions. Their non-intrusive system collects valuable jobsite production data from crane operations, enabling earlier demobilization of cranes, avoidance of overtime, and tracking of site productivity. The solution generates daily reports from thousands of data points within the pick cycle, providing insights to positively impact safety, construction scheduling, and task efficiency. Versatile aims to transform construction into a controllable manufacturing process, trusted by top construction firms in North America.
TL;DR
Sector: Construction technology (AI + hardware + SaaS)
Product: Non-intrusive crane-mounted hardware with SaaS analytics for jobsite productivity and safety
Employees: 325
Total funding: USD 108,530,000
Headquarters / offices: Los Altos (CA), Boca Raton (FL), Tel Aviv
Company Overview
Problem Domain
Construction site productivity, safety, and scheduling visibility
Industry
Construction technology
Funding Track Record
USD 20,000,000
Series A participants included Bosch Ventures, Root Ventures, and Conductive Ventures.
Company reported a Series B on this date.
Approximately USD 8,500,000
Includes a reported USD 5,500,000 seed as part of prior funding before Series A.
Investor Signal
“Investors named in coverage include Insight Partners, Entree Capital, Robert Bosch Venture Capital, Root Ventures, Conductive Ventures, and later investors listed include Tiger Global Management and Bosch Ventures.”