Battery Ventures led a $40 million Series B in Miter, a construction payroll and workforce software company, lifting its total raised to $78 million. The round is larger than all of Miter's earlier funding combined and pays for a push from paying crews into contractors' payables, safety and project data.
Reality
- Evidence30
- Adoption55
- Hype gap+25
- Incentives85
- Confidence45
buildOne report1 publisher NavigateAI's new contracts price a saving that weather and crew composition also move
Paying for outcomes sounds cleaner than paying for tokens until someone has to price the counterfactual, and the measurement that would make NavigateAI's cut defensible has to be run inside the builder buying it.
Reality
- Evidence40
- Adoption15
- Hype gap+45
- Incentives70
- Confidence50
Adaptive has raised $30m led by Tidemark to build agents that go and collect the job facts sitting in schedules and daily logs. More than 750 contractors already run their project accounting on it.
Reality
- Evidence34
- Adoption44
- Hype gap+26
- Incentives86
- Confidence46
buildOne report1 publisher Ironsite raised $30.8M for its construction AI built on hard-hat camera footage
The Form D behind the closed round counts convertible securities that had already converted as half of the $30,792,485 total. The data source the money funds is a camera worn by each worker all day.
Reality
- Evidence58
- Adoption
- Not scored
- Hype gap+20
- Incentives62
- Confidence55
The $130 million round is all primary equity at an estimated $1 billion valuation, so roughly 13 percent of the company changed hands, and the recurring revenue it is priced against is described only as tens of millions of dollars.
Perspective Coverage
3 publishers
- Builder
- Builder 35%
- Operator
- Operator 28%
- Investor
- Investor 37%
Reality
- Evidence42
- Adoption61
- Hype gap+34
- Incentives79
- Confidence63
Buildots doubled its customer count to more than 100 firms before raising $130M
The Tel Aviv company says AI data centre schedules are part of what is driving demand, and that contractors are signing multiyear deals covering whole portfolios of projects.
Reality
- Evidence30
- Adoption45
- Hype gap+25
- Incentives85
- Confidence55