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Agave provides a unified API designed to integrate disparate software systems within the construction industry. The platform streamlines financial operations by connecting field, finance, and project data, eliminating manual double-entry. It leverages AI to optimize accounting workflows, delivering real-time financial visibility to both field and back-office personnel.
Founded in 2021 by Tom Reno, Pooria Azimi, and John Zucchi, the co-founders share significant experience. They collaborated at Graphiq, later acquired by Amazon, and continued at Amazon. This deep understanding of data integration challenges in construction's fragmented software landscape directly informed Agave's inception.
Agave serves construction companies and contractors aiming for efficiency and accuracy in financial management. By offering a central integration point, Agave aims to establish a single source of truth for construction data. Its vision is to transform financial data flow within the construction ecosystem, empowering businesses with actionable insights and seamless operational connectivity.
Agave Partners has 1 tracked investment across 1 company. The latest tracked deal is $542.0M Other Equity / Series D in Ascend Elements in September 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 12, 2023 | Ascend Elements | $542.0M Other Equity / Series D | Meghan Sharp, Mohammed AL Sowaidi, Temasek | Joseph W. Craft III, Alumni Ventures, AT ONE Ventures, BHP Ventures, Fifth Wall, Hitachi Ventures, Mirae Asset, Tenaska |