Logo
Saturday, 21 May 2022
Logo
The News and Media Division of The Insight Partners
Wednesday, 06 May 2020 12:00 pm

StructionSite Provides Free Access to Site Capture Platform to Help Construction Companies Quickly Document Their Jobsites During COVID-19

The ConTech Company Recently Secured $7 Million Series A Financing Led by D20 Capital

newsImage
 

StructionSite, the automated site capture software that uses cameras and artificial intelligence to automatically track installs on a construction site, has been doing its part to aid the construction industry in a time of uncertainty. Following the reports of worldwide site shutdowns and restricted jobsite access due to the COVID-19 outbreak, StructionSite announced it would offer free access to its site documentation platform for 60 days to any company that needs to quickly document their jobsites during this time.

Companies that choose to stop using the platform after 60 days will have the ability to fully export their project data (drawings and hyperlinked 360 photos) to an offline format for archiving.

According to Ted Jennings, Senior VDC Manager at Barton Malow, "Throughout the COVID pandemic there have been multiple challenges thrown at construction projects. One challenge that Barton Malow was faced with was photographic documentation for jobsites. Documenting existing conditions across many of our sites in the most organized and efficient way became a large priority. With the help of StructionSite, their platform has provided Barton Malow with the best solution for detailed, easily accessible photo navigation and comparison." He added that, as an additional benefit, "the ease of accessibility through StructionSite's intuitive user interface allows teams to remotely view their projects."

"As the construction industry experiences a new set of challenges as a result of COVID-19, our partners at StructionSite are increasing the ability to track progress on-site, helping contractors avoid risk while keeping projects moving," said Kris Lengieza, Sr. Director of Business Development at Procore. "Connecting into the Procore platform provides one place for project teams to work together with an integrated set of construction applications that are mobile-ready for the field."

StructionSite also just announced that it has secured a $7 million Series A round of financing. The round was led by D20 Capital, with participation from Prelude, CEMEX Ventures, 500 Startups, Obayashi Corporation, and several industry-defining Angel Investors. With roots in the construction industry, the founding team is intimately aware of the many challenges that the industry faces, and the company plans to use this funding to continue its efforts to build innovative products that provide solutions to some of those pain points.

That dedication is felt by many of StructionSite's customers as well as industry leaders, as the company has seen exceptional customer growth over the course of the last year, coupled with a significant increase in strategic partnerships with standout construction technology companies. Now trusted by 75% of the ENR Top 20 construction companies in North America, StructionSite continues to deliver on its promise to help contractors reduce rework, improve communication, and mitigate risk. According to Kaushal Diwan, National Director of Innovation at DPR Construction, "StructionSite has been an invaluable solution for many DPR projects, especially during the COVID crisis. It has really helped those crews quickly document projects."

In the wake of this pandemic and beyond, StructionSite's platform is able to give distributed project teams complete, 360-degree access to the jobsite at any time, from any device. By simply walking the site while recording 360-degree video with their VideoWalk® functionality, a wealth of in-the-moment project knowledge is gained that can be shared across disparate teams during the course of construction. With SmartTrack®, StructionSite's upcoming product, image data is quantified using computer vision and machine learning, allowing project teams to easily see and visualize the daily status of work completed for specific trades.

Tags StructionSite COVID-19 Construction Software Artificial Intelligence Automation Lockdown ConTech Company D20 Capital

Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


Smarter Decisions with Smart News

Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.

media@smartmarketnews.com | sales@smartmarketnews.com

Contact Us
Subscribe to our newsletter
Get the latest in your inbox weekly Sign up for the fully charged newsletter

A PHP Error was encountered

Severity: Notice

Message: Undefined index: csrf_token

Filename: include/footer.php

Line Number: 149

Backtrace:

File: /home/smartmarketnews/public_html/application/views/include/footer.php
Line: 149
Function: _error_handler

File: /home/smartmarketnews/public_html/application/views/news_details.php
Line: 798
Function: view

File: /home/smartmarketnews/public_html/application/controllers/News_controller.php
Line: 227
Function: view

File: /home/smartmarketnews/public_html/index.php
Line: 315
Function: require_once

">
Follow Us:
© The News and Media Division of The Insight Partners 2019 | All Rights Reserved | Privacy Policy