{"id":34624,"date":"2026-03-12T02:55:27","date_gmt":"2026-03-12T09:55:27","guid":{"rendered":"https:\/\/essential.construction\/news\/6-contech-firms-raise-a-combined-126m\/"},"modified":"2026-03-12T02:55:27","modified_gmt":"2026-03-12T09:55:27","slug":"6-contech-firms-raise-a-combined-126m","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/6-contech-firms-raise-a-combined-126m\/","title":{"rendered":"6 contech firms raise a combined $126M"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><br \/>\n        <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.constructiondive.com\/static\/img\/play.svg?313321260226\" alt=\"-\"><br \/>\n        Listen to the article<br \/>\n        <span class=\"text-to-speech__button__audio-length\">8 min<\/span><br \/>\n    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/text-to-speech.divecdn.com\/newspost\/814452\/2026-03-11_16.16.04\/contech-funding-fyld-sensera-xbuild-moab-payra.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/contact\/\" target=\"_blank\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<p><span><span><span><span><span><span>Artificial intelligence as a <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/builders-ai-transform-businesses-survey\/807555\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>construction technology offering is red-hot<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>. Solutions that incorporate AI to perform reality capture tasks, create project estimates and track progress on the jobsite have continued to catch venture investors\u2019 eyes and pull in funding.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Here are six noteworthy construction startups that received high volumes of investor cash to start 2026.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<h3 class=\"standard-heading\"><span><span><span><span><span>Fyld<\/span><\/span><\/span><\/span><\/span><\/h3>\n<p><span><span><span><span><span>$41 million<\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>London-based reality capture software provider Fyld has <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/resources.fyld.ai\/resources\/fyld-raises-41-million-series-bto-transform-the-future-of-infrastructure-field-work\" target=\"_blank\"><span><span><span><span><span><span><span><span>raised $41 million in a Series B<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> funding round, the firm announced on Feb. 18. The round was led by Energy Impact Partners LP. European growth equity specialist Partech also participated through its growth impact fund.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Fyld\u2019s software turns short videos, taken by workers on the jobsite, into actionable data, according to the announcement. The software uses AI to identify safety, quality and delivery risks in the footage before they escalate. Customers have used Fyld\u2019s software to decrease serious worksite injuries and incidents by up to 48%, according to the news release.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Last year, the company added Omaha, Nebraska-based Kiewit and Columbia, Missouri-based Emery Sapp &amp; Sons as customers. It also ended 2025 with 82% year-over-year growth, per the firm. Fyld expects to generate more than 40% of its total revenue in the U.S. by the end of 2026.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<h3 class=\"standard-heading\"><span><span><span><span><span>Sensera Systems<\/span><\/span><\/span><\/span><\/span><\/h3>\n<p><span><span><span><span><span>$27 million<\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Sensera Systems, a Golden, Colorado-based jobsite capture firm, <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.businesswire.com\/news\/home\/20260226051597\/en\/Sensera-Systems-Closes-%2427M-Series-B-Funding-Round\" target=\"_blank\"><span><span><span><span><span><span><span><span>raised $27 million in a Series B<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> funding round, according to a Feb. 26 announcement. The round was led by 10 Atlantic Group, with additional investment by Egis Capital Partners and MUUS Asset Management.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The company\u2019s offering, SiteCloud, helps contractors stay ahead of OSHA violations before they turn into injuries, fatalities or citations, according to its website. Users capture images from a jobsite and upload them to SiteCloud, where the offering\u2019s AI will interpret the inputs and flag safety concerns <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/osha-enforcement-violations-death-on-the-jobsite-construction\/634308\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>emphasized by OSHA\u2019s Fatal Four<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Contractors who utilize the software will receive a morning brief detailing safety and weather conditions, summaries of site security events and weekly project progress overviews.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Going forward, the company will use the funding to fuel its growth and innovation in AI-powered jobsite intelligence, per the news release.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<h3 class=\"standard-heading\"><span><span><span><span><span>XBuild<\/span><\/span><\/span><\/span><\/span><\/h3>\n<p><span><span><span><strong><span><span>$19 million<\/span><\/span><\/strong><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>San Francisco-based XBuild, which provides AI-based estimating software, <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/xbuild-raises-19m-series-a-launches-ai-powered-residential-roofing-estimate-product-302664721.html\" target=\"_blank\"><span><span><span><span><span><span><span><span>raised $19 million in a Series A<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> funding round, according to a Jan. 20 news release. The round was led by N47, while Rackhouse Ventures and Andreessen Horowitz participated.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>XBuild uses what it calls an \u201cAI-native\u201d estimating platform to solve key pain points across the building lifecycle. With a focus on roofing, features include an AI-chat based estimation system, where users can upload a measurement report or describe the project and receive an estimate based on the input in under 15 minutes.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The software also includes e-sign and payments functionality, and a business dashboard that tracks deal size, margin visibility, sales win rates and pipeline values.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>With the funding, XBuild plans to create the first \u201cvibe coding\u201d estimating platform across construction trades, including concrete, landscaping, painting, insulation and HVAC. The term refers to an AI assistant being the primary generator of code with human guidance, rather than a person writing each line of code individually.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<h3 class=\"standard-heading\"><span><span><span><span><span>Moab<\/span><\/span><\/span><\/span><\/span><\/h3>\n<p><span><span><span><span><span>$16 million<\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Moab, a New York City-based startup that aims to create a modern operating system for the construction rental industry, launched out of stealth with a <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.globenewswire.com\/news-release\/2026\/02\/17\/3239423\/0\/en\/Moab-Emerges-From-Stealth-as-the-First-Modern-Operating-System-for-Equipment-Rental-and-Dealership-Businesses.html\" target=\"_blank\"><span><span><span><span><span><span><span><span>combined $16 million in Seed and Series A funding<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, according to a Feb. 17 announcement.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Both rounds were $8 million and led by Elad Gil, founder and CEO of venture capital firm Gil Capital, with significant investment from Ironspring Ventures. Angel investors Karim Atiyeh, co-founder and CTO of fintech startup Ramp, and Dave Yuan, founder of growth equity firm Tidemark, also participated.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<section class=\"storylines-carousel-wrapper hide-small show-large\" id=\"desktop-carousel\"\/>\n<p><span><span><span><span><span><span>Moab aims to create an updated operating system that will replace decades-old software, according to the firm. Many businesses, per Moab, rely on on-premise infrastructure and workflows that weren\u2019t designed for modern scale, real-time data or operational volatility.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The platform is designed for mid-market and enterprise customers that run complex fleets and require end-to-end reliability, per Moab, rather than point solutions. Moab projects that it will manage more than $2.5 billion in transaction volume annually while overseeing more than $4 billion of fleet assets next year.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>With the funding, the firm plans to continue investing in product development and to scale its engineering and go to market teams.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<h3 class=\"standard-heading\"><span><span><span><span><span>Payra<\/span><\/span><\/span><\/span><\/span><\/h3>\n<p><span><span><span><span><span>$15 million<\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Payra, a business-to-business payments and accounts receivable firm for firms on legacy enterprise resource planning systems, has raised a <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.businesswire.com\/news\/home\/20260218544563\/en\/Payra-and-Edison-Partners-Announce-%2415M-Growth-Investment-to-Modernize-Accounts-Receivable-for-Americas-Heartland-Businesses\" target=\"_blank\"><span><span><span><span><span><span><span><span>growth equity investment of $15 million<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> from Edison Partners, according to a Feb. 18 announcement from the growth equity firm.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Nashville, Tennessee-based Payra helps construction and building supplier companies modernize their cash collection from within their existing ERP systems, per Edison Partners. These systems can include Trimble Viewpoint, Foundation, Sage and Netsuite. Via AI integration, Payra helps end users set up a self-serve portal for customers, add new accounts in less time and set up automated payment reminders.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Some of Payra\u2019s targeted customers include construction suppliers, concrete producers, lumber yards, HVAC distributors and other industrial businesses, according to the announcement. Payra claims that customers have achieved 20% reductions in days sales outstanding \u2014 how long it takes a company to collect payment after a credit sale. It also boasts a 75% decrease in past-due invoices and significant time savings through automated cash application.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Payra will use the funding to grow its product capabilities, deepen ERP integration partnerships and scale go-to-market efforts across construction and industrial verticals, per the release.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<section class=\"storylines-carousel-wrapper show-small hide-large\" id=\"mobile-carousel\"\/>\n<h3 class=\"standard-heading\"><span><span><span><span><span>Brickanta<\/span><\/span><\/span><\/span><\/span><\/h3>\n<p><span><span><span><span><span>$8 million<\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Brickanta, a provider of AI-based software based in Stockholm <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.brickanta.com\/blog-posts\/brickanta-seed-announcement\" target=\"_blank\"><span><span><span><span><span><span><span><span>raised $8 million in a Seed funding round<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, according to a Jan. 27 news release. The round was led by Northzone, along with a host of angel investors from across the construction, real estate, AI and technology fields.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Brickanta\u2019s software provides an AI-based operating system for contractors\u2019 preconstruction workflows \u2014 bid analysis, cost estimation and procurement, according to the news release. It analyzes project documentation and bid packages against industry standards and best practices to find gaps and problems, according to the company\u2019s website.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>With the tools, Brickanta claims that procurement teams can generate category-specific RFP bundles, a notoriously tedious process, in 15 minutes.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Brickanta is initially focused on scaling across Europe to leverage shared building standards, such as the <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/single-market-economy.ec.europa.eu\/sectors\/construction\/eurocodes_en#:~:text=Eurocodes%20are%20a%20series%20of%2010%20European,design%20of%20buildings%20and%20other%20civil%20engineering\" target=\"_blank\"><span><span><span><span><span><span><span><span>Eurocodes<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, construction standards that provide a common approach to building on the continent. Since the close of the funding round, the company has quadrupled its team and expanded engineering, product and forward-deployed delivery.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<div class=\"editor-note\">\n<p><em>Correction: This story has been updated to reflect Sensera Systems&#8217; goals for its usage of the Series B funding.<\/em><\/p>\n<\/div><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/contech-funding-fyld-sensera-xbuild-moab-payra\/814452\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Listen to the article 8 min This audio is auto-generated. Please let us know if you have feedback. Artificial &#8230; <a title=\"6 contech firms raise a combined $126M\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/6-contech-firms-raise-a-combined-126m\/\" aria-label=\"Read more about 6 contech firms raise a combined $126M\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-34624","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/34624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=34624"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/34624\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=34624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=34624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=34624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}