Staff Software Engineer
AdaptiveSalary not specified
- Full Time
- Senior (5 to 8 years)
About Adaptive
Adaptive.build offers a financial management platform designed for the construction industry, featuring automated bookkeeping, cash flow management, vendor compliance, and real-time budgeting integrated with Quickbooks. It helps builders and remodelers manage job costs, maximize profits, and gain project visibility by simplifying tasks like bill payments and budget tracking. Unlike competitors, Adaptive.build focuses specifically on the unique financial challenges of construction projects, providing a comprehensive solution that saves time and improves accuracy. The company's goal is to enhance financial performance for its users through efficient management tools, operating on a subscription model.
New York City, New YorkHeadquarters
2022Year Founded
$25.5MTotal Funding
SERIES_ACompany Stage
Consulting, Financial ServicesIndustries
51-200Employees
Benefits
Equity compensation
401k match
Risks
Procore Technologies' FedRAMP authorization could threaten Adaptive's market share.
The slow payment cycle in construction may impact Adaptive's financial stability.
Reliance on Quickbooks integration poses risks if service disruptions occur.
Differentiation
Adaptive offers automated bookkeeping and cash flow management for construction businesses.
The platform integrates with Quickbooks for streamlined financial operations.
Adaptive allows users to create a draw with cost backup in under a minute.
Upsides
Adaptive closed a $19M Series A to enhance construction finance with AI.
The platform addresses slow payments, a $273 billion issue in construction.
Integration with AI tools can improve budgeting and forecasting accuracy.
Funding
Total raised$25.53 M
Latest valuation$95.00 M
StageSERIES_A