Israeli startup SiteAware raised $10m for its AI-powered construction verification software, which will help it expand in the U.S. market. The startup's platform can digitally scan buildings under construction and develop 3D models, which are compared against the plans to flag problems that arise during construction.
- SiteAware, formerly known as Dronomy, says its system uses AI to record and find discrepancies in the plans vs. actual construction in real-time before they become too costly. It claims it can save contractors, developers, and homebuyers millions of dollars.
- It uses autonomous drones and software to capture the site data and 3D design files to create a 3D model. AI algorithms trained on 100k construction databases compare this to site documents and send the information to analytics dashboards, which include performance and risk metrics.
- The $10m Series A funding round was led by Axon and Robert Bosch Venture Capital, along with existing investors including Lool Ventures, Oryzn Ventures, The Flying Object, and Power Capital Venture.
- Other companies that use AI in construction site reporting include HoloBuilder, Buildots, and OpenSpace.