Join, a decision-making platform for architecture, engineering and construction, has raised $16m from Series A round, reported TechCrunch.
This funding round was led by SignalFire, and has seen participation from Ironspring Ventures, Metaprop, Building Ventures and Standard Investments.
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Following the Series A round, the company has so far raised $30m.
The proceeds from the round will be used for expanding its market base and product.
The platform was launched by Zukoski, Drew Wolpert, Jim Forester, Ye Wang in 2017.
Zukoski looks at Join as a replacement for workflows such as those based on emails and excel that several construction firms come to rely on to make decisions about their projects.
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By GlobalDataAccording to Zukoski, Join takes data from estimating tools and offers them in a convenient manner so that firms can evaluate the impact of pre-construction decisions. For instance, stakeholders can ask “what if” questions to understand the cost impact of an option on their business in real time.
Besides visualization tools, the platform offers timeline and budget planners, and insights based on past performance of projects.
Through a dashboard, the platform provides data in real time, and information for firms to view and take action in case of potential warning signs.
About 50 customers are claimed to have used the platform for healthcare facilities, research centres, housing complexes, etc.
Zukoski stated the Covid-19 pandemic has made construction companies adopt technology and new approaches to work.
“As a whole, the construction industry is slower to adopt new technology, so there is a lot of room for growth with customers.”
The company expects to increase its team size from 52 to 75 by next year.
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Image: Join is a decision-making platform for architecture, engineering and construction. Credit: Hands off my tags! Michael Gaida from Pixabay.
