About Ingenius.Build
Ingenious.Build offers software solutions that enhance Construction Administration (CA) in the construction industry. The platform automates tasks like budgeting, cost management, and change order management, allowing for better collaboration among teams and real-time insights for decision-making. Unlike competitors, Ingenious.Build provides a comprehensive suite of features that support bidding, procurement, and portfolio management, including multi-currency functionality for international projects. The company's goal is to streamline construction processes, reduce risks, and save time for clients in the Architecture, Engineering, Construction, and Operations (AECO) sector.
Chicago, IllinoisHeadquarters
2016Year Founded
$56.4MTotal Funding
SERIES_ACompany Stage
Industrial & Manufacturing, Enterprise SoftwareIndustries
51-200Employees
Risks
Facing competition from established players like Procore and Autodesk.
Economic uncertainties may impact demand for construction management software.
Potential data privacy concerns with international market expansion.
Differentiation
Ingenious.Build offers a cloud-based platform with real-time collaboration features.
The platform integrates seamlessly with other construction software, enhancing usability.
Ingenious.Build specializes in automated budgeting and cost management for the AECO industry.
Upsides
Raised $37M in Series A funding to accelerate growth and product development.
Increased adoption of digital twins enhances project visualization and management.
5G technology improves connectivity and data accuracy for Ingenious.Build's platform.
Funding
Total raised$56.42 M
Latest valuation$185.00 M
StageSERIES_A
SERIES A
10/31/2023$37
$185.00 MLATE VC
3/31/2021$16
$45.50 MEARLY VC
1/31/2020$2
$20.00 M