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§ Private Profile · Menlo Park, CA, USA
Reconstruct is a technology company.
Reconstruct provides a capital asset lifecycle management platform that offers comprehensive virtual site visibility over time for the construction industry. Its core product enables remote quality control, progress monitoring, and facilities assessment by leveraging 3D reality mapping and digital twin solutions. The platform delivers actionable analytics, allowing construction managers to make informed decisions throughout a project's duration.
The company was founded in 2016 by Derek Hoiem and Mani Golparvar Fard. They established Reconstruct with the insight that advanced visual data capture and analysis could significantly enhance oversight and efficiency in complex construction environments, moving beyond traditional methods to offer a persistent, accurate digital record of site conditions. This foundation focused on transforming how construction progress is documented and understood.
Reconstruct primarily serves construction managers and stakeholders involved in large capital projects who require detailed, ongoing insight into site developments. The company's vision is to empower the construction sector with unparalleled virtual intelligence, enabling better oversight, reducing costly delays, and improving overall project outcomes from conception through to asset management. They aim to be the definitive solution for virtual construction site intelligence.
Reconstruct has raised $25.3M across 2 funding rounds.
Reconstruct has raised $25.3M in total across 2 funding rounds.
Reconstruct has raised $25.3M across 2 funding rounds. Most recently, it raised $17.3M Series B in July 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 8, 2021 | $17.3M Series B | JON Elliott | Asia Pacific Land, Cultivation Capital, William Schlacks, Serra Ventures, SHoP Architects, STO Building Group, Syska Hennessy, Thornton Tomasetti | Announced |
| May 1, 2019 | $8M Series A | Cultivation Capital | Serra Ventures, Seyen Capital | Announced |
Reconstruct has raised $25.3M in total across 2 funding rounds.
Reconstruct's investors include Jon Elliott, Asia Pacific Land, Cultivation Capital, William Schlacks, Serra Ventures, SHoP Architects, STO Building Group, Syska Hennessy, Thornton Tomasetti, Seyen Capital.
# High-Level Overview
Reconstruct is a SaaS-based capital asset lifecycle management (CALM) platform that specializes in remote quality control and progress monitoring for the construction industry.[1][2] Founded in 2015 and headquartered in Menlo Park, California, the company develops Visual Command Center™, a digital twin solution that transforms reality capture data into walkable, mappable, timestamped 3D models of construction projects.[2]
The company serves property owners, builders, inspectors, and construction stakeholders across North America, Asia, the Middle East, and Australia.[2] Reconstruct solves a fundamental problem in construction management: the inability to remotely visualize and monitor project progress without costly, time-consuming site visits. Its customers report a 50% improvement in on-time completion, a 30% reduction in time to report field-level progress, and a 50% reduction in necessary site visits by project executives.[2] With $25.4 million in total funding across four rounds and $14.1 million in annual revenue, the company demonstrates strong growth momentum, having tripled its customer base and product capabilities in recent years.[3]
# Origin Story
Reconstruct was founded in 2015 by a team focused on solving construction's visibility challenge.[2] The company emerged during a period when construction technology was beginning to embrace digital transformation, but most solutions remained fragmented—offering only point solutions rather than integrated platforms. Under the leadership of CEO Zak MacRunnels, Reconstruct developed its core technology around the insight that construction stakeholders needed a unified source of truth for project data accessible from anywhere.[1]
The company gained significant traction during the COVID-19 pandemic, when remote work became essential. Rather than struggling with lockdowns, Reconstruct tripled its growth in 2020 and maintained this growth rate into 2021, demonstrating that its remote-first approach addressed a genuine market need.[3] This early success positioned the company as a leader in the emerging reality capture and digital twin space for construction.
# Core Differentiators
# Role in the Broader Tech Landscape
Reconstruct operates at the intersection of three powerful trends: the reality capture market, digital twin adoption, and construction technology modernization. The reality capture market—encompassing 3D scanning, photogrammetry, LiDAR, and laser scanning—is transforming how industries visualize and manage physical assets.[1] Reconstruct has been recognized as a Challenger in the reality capture landscape, competing alongside established players like Trimble, Autodesk, and Hexagon.[1]
The timing is critical: construction remains one of the least digitized industries, with persistent inefficiencies in project visibility and coordination. As capital asset owners increasingly demand remote visibility and data-driven decision-making, Reconstruct's platform addresses a structural gap in the market. The company's focus on AI and machine learning deployment signals its ambition to move beyond visualization into predictive analytics and autonomous project management—positioning it as an infrastructure play in the broader digital transformation of the built environment.
# Quick Take & Future Outlook
Reconstruct is well-positioned to capture significant market share as construction firms accelerate digital adoption. The company's recent funding round in May 2025, focused on accelerating AI and ML capabilities, suggests a strategic pivot toward intelligence-driven features that could deepen customer lock-in and expand use cases beyond progress monitoring into predictive scheduling, risk mitigation, and asset optimization.[1]
The key question for Reconstruct's future is whether it can scale its platform across the full construction lifecycle—from pre-construction planning through facilities management—while maintaining its ease of use. If successful, the company could evolve from a specialized monitoring tool into an essential operating system for construction management, influencing how the entire industry plans, executes, and maintains capital projects. The convergence of remote work expectations, AI maturation, and construction's digital lag creates a rare window for a platform to become foundational infrastructure.