Suffolk Technologies
Suffolk Technologies, established in 2019 and headquartered in Boston, is a venture capital investment firm focused on the built environment. It invests in early and growth-stage startups across real estate, architecture, engineering, construction, and smart cities, with a particular interest in proptech companies working on automation, sustainability, and other innovative solutions. The firm leverages its parent company, Suffolk Construction's, industry expertise and network to support and accelerate the growth of its portfolio companies. Suffolk Technologies aims to foster a more productive and sustainable future by deploying capital, resources, and networks to help daring founders scale their technologies.
Paces is developing a data platform aimed at enhancing the profitability and feasibility of green infrastructure projects. By gathering and analyzing data from over 3,500 U.S. counties, Paces offers actionable insights that include environmental, permitting, zoning, interconnection information, and competition risks. The platform also provides modeled signals such as climate risks, profitability forecasts, and parcel rankings, allowing stakeholders to make informed decisions about specific land parcels and green infrastructure assets. This comprehensive approach helps to de-risk the development and operation of renewable projects, ultimately facilitating faster project development and improved financial returns for developers and investors.
Handle
Venture Round in 2023
Handle, Inc. is a software company that specializes in managing personal workflows through an integrated application. The software facilitates collaboration across to-do lists, emails, and calendars to streamline task management. Handle's technology is particularly focused on the construction industry, providing solutions for credit and finance teams within Fortune 500 material suppliers and contractors. The platform addresses challenges such as late payments and access to capital by automating tasks related to lien management, deadline tracking, and document management. This enables clients to expedite payments to contractors and suppliers. Founded in 2011 and based in La Jolla, California, Handle was previously known as handl, inc. before rebranding in 2012.
PLOT combines Logistic Mapping, Delivery Coordination, and Lead Time Management to take away the arduous and low-level tasks that Construction teams hate.
CalcTree
Pre Seed Round in 2022
CalcTree is a developer of a calculation management platform designed to enhance collaboration among engineering teams by integrating designs and calculations. The platform addresses the inefficiencies and complexities inherent in traditional engineering design and construction processes, which often involve multiple disciplines such as architecture and civil, mechanical, electrical, and geotechnical engineering. By adopting a building information model, CalcTree helps clients minimize time and errors in their projects, ensuring that all data sets are connected and easily accessible. This approach not only streamlines workflows but also reduces the fragmentation of information, providing a more organized and efficient environment for engineering professionals.
Kojo is a cloud-based construction management software company that provides an all-in-one platform for contractors to manage their material and inventory needs. Founded in 2018 and based in San Francisco, Kojo's system focuses on streamlining materials management and procurement processes, enhancing profitability for construction companies. By integrating various stakeholders, including field teams, procurement, and distributors, Kojo simplifies the supply chain through automation, facilitating the ordering and tracking of materials. This approach enables contractors to ensure timely delivery of materials to job sites, thereby improving operational efficiency.
Outbuild
Venture Round in 2022
Outbuild is a developer of web-based construction scheduling and planning software aimed at enhancing project management in the construction industry. The platform facilitates the creation of detailed construction schedules, enabling trade partners to outline their daily and weekly activities while effectively managing resources. By promoting improved coordination among stakeholders throughout all phases of a construction project, Outbuild helps general contractors deliver projects on time and within budget. The software incorporates agile methodologies, allowing clients to plan ahead, assign tasks, and monitor progress with real-time insights, thereby providing a comprehensive overview of project status and areas for improvement.
Pulley is a dedicated platform designed specifically for construction permitting, aimed at streamlining the permitting process for developers, contractors, and architects. By offering purpose-built workflows and localized requirements, Pulley addresses the complexities and bottlenecks that often delay construction projects. The software provides users with a comprehensive overview of the permitting process, including monitoring review times to ensure deadlines are met. This functionality enables businesses to expedite the acquisition of permits for a wide range of projects, from single-family homes to intricate commercial developments. As a trusted partner in multiple markets, Pulley enhances efficiency and reduces costs associated with construction permitting.
Kojo is a cloud-based construction management software company that provides an all-in-one platform for contractors to manage their material and inventory needs. Founded in 2018 and based in San Francisco, Kojo's system focuses on streamlining materials management and procurement processes, enhancing profitability for construction companies. By integrating various stakeholders, including field teams, procurement, and distributors, Kojo simplifies the supply chain through automation, facilitating the ordering and tracking of materials. This approach enables contractors to ensure timely delivery of materials to job sites, thereby improving operational efficiency.
Kojo is a cloud-based construction management software company that provides an all-in-one platform for contractors to manage their material and inventory needs. Founded in 2018 and based in San Francisco, Kojo's system focuses on streamlining materials management and procurement processes, enhancing profitability for construction companies. By integrating various stakeholders, including field teams, procurement, and distributors, Kojo simplifies the supply chain through automation, facilitating the ordering and tracking of materials. This approach enables contractors to ensure timely delivery of materials to job sites, thereby improving operational efficiency.
nPlan Limited specializes in artificial intelligence-driven software for construction project management. Established in 2017 and based in London, the company develops a platform that leverages machine learning to enhance schedule certainty by identifying risks and suggesting optimal execution paths. Its technology analyzes an extensive dataset of construction schedules, enabling clients to understand uncertainties and risks associated with their projects. By detecting gaps in task performance patterns, nPlan's solution provides statistical risk attribution for individual activities and offers recommendations to mitigate residual issues. This approach allows clients to effectively manage risks and capitalize on opportunities within their construction projects.
CalcTree is a developer of a calculation management platform designed to enhance collaboration among engineering teams by integrating designs and calculations. The platform addresses the inefficiencies and complexities inherent in traditional engineering design and construction processes, which often involve multiple disciplines such as architecture and civil, mechanical, electrical, and geotechnical engineering. By adopting a building information model, CalcTree helps clients minimize time and errors in their projects, ensuring that all data sets are connected and easily accessible. This approach not only streamlines workflows but also reduces the fragmentation of information, providing a more organized and efficient environment for engineering professionals.
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