1build is a technology company.
1build is a team of engineers, data scientists, and company builders working on AI that can run a construction company, allowing contractors to focus on building beautiful spaces.
1build has raised $15.2M across 2 funding rounds.
1build has raised $15.2M in total across 2 funding rounds.
1build has raised $15.2M in total across 2 funding rounds.
1build's investors include Allegion Ventures, Animo Ventures, ArcTern Ventures, Bling Capital, Core Innnovation Capital, Forum Ventures, Foundamental, Giant Ventures, Greycroft, KAAN Ventures, Khosla Ventures, MetaProp Ventures.
1build is a technology company building a real-time data platform that uses machine intelligence to convert building blueprints into material shopping lists and cost estimates, aiming to stabilize the construction supply chain.[1][4] It serves contractors, architects, builders, and material suppliers by creating a unified data model for the construction industry, enabling quick estimates from project location and square footage via an easy-to-use library of assemblies and integrations with supplier catalogs.[2][5] The platform solves inefficiencies in construction estimating by providing accurate, data-driven insights that help contractors improve profit margins and streamline workflows from design to purchasing.[1][2][4] With $14.2M in total funding, including a recent $14M round (and reports of up to $20M), revenue around $5.7M, and under 25 employees in Mountain View, California, 1build shows strong growth momentum in the digital construction sector.[1][3]
1build emerged from the need to digitize construction workflows, with founders leveraging expertise to connect architects, builders, and suppliers through a unified data model.[2] Headquartered at 800 W El Camino Real Ste 180 in Mountain View, California, the company has secured multiple funding rounds totaling $14.2M, reflecting early traction in a market ripe for disruption.[1] Key milestones include releasing "A Contractor’s Guide to Increasing Construction Profit Margins" in January 2022 and expanding API integrations for millions of construction materials, demonstrating pivotal steps toward market stability.[2][5]
1build rides the wave of digital transformation in construction, a $10T+ global industry plagued by estimating errors, supply chain disruptions, and low margins, where tech adoption lags other sectors.[1][2] Timing is ideal amid post-pandemic supply shortages and rising material costs, positioning 1build's real-time platform to capitalize on AI-driven PropTech trends like BIM (Building Information Modeling) and automated procurement.[4][5] Market forces such as labor shortages and sustainability demands favor data platforms that optimize resources; 1build influences the ecosystem by enabling better builder-supplier collaboration, potentially reducing waste and accelerating project timelines industry-wide.[1][2]
1build is poised for expansion with its funding fueling API growth and supplier partnerships, targeting larger enterprise contractors amid booming U.S. infrastructure spending.[1][3][5] Trends like AI advancements in generative design and real-time supply chain analytics will amplify its edge, while potential acquisitions by construction giants could scale its data model globally. As PropTech matures, 1build's stabilizing force in estimates could redefine profitability, evolving from niche innovator to ecosystem backbone—bringing the stability promised from day one.[1][2]
1build has raised $15.2M across 2 funding rounds. Most recently, it raised $15.0M Series A in September 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | $15.0M Series A | Allegion Ventures, Animo Ventures, ArcTern Ventures, Bling Capital, Core Innnovation Capital, Forum Ventures, Foundamental, Giant Ventures, Greycroft, KAAN Ventures, Khosla Ventures, MetaProp Ventures, Sand Hill Angels, SQN Venture Partners, Y Combinator, Zeno Ventures, John M. Mueller, Michael Ma, Oliver Friedrichs, Shane Neman, Tony Jamous | |
| Mar 1, 2020 | $150K Seed | ArcTern Ventures, Bling Capital, Core Innnovation Capital, Foundamental, Giant Ventures, KAAN Ventures, Khosla Ventures, Sand Hill Angels, SQN Venture Partners, Y Combinator, Zeno Ventures, John M. Mueller, Michael Ma, Shane Neman |