Slate has raised $6.0M in total across 1 funding round.
Slate's investors include Bennett Siegel, Alumni Ventures, CapitalX, Charge Ventures, Craft Ventures, Max Ventures, Trace Cohen, Robin Li, Surface Ventures, TitletownTech, Tusk Venture Partners, Ellie Wheeler.
Slate Technologies is an AI-powered software company founded in 2020 and headquartered in San Mateo, California, that builds a platform unifying data from construction tools like Procore, Autodesk, BIM, and field systems to deliver real-time project insights, predictive analytics, and risk mitigation.[1][2][3] It serves construction teams in the Architecture, Engineering, and Construction (AEC) industry, solving data silos, rework, delays, and profitability risks by automating workflows, preserving institutional knowledge, and providing a Virtual Decision Assistant for smarter decisions.[1][2][3] The platform has shown strong growth momentum, doubling revenue quarterly since starting SaaS revenue in January 2025, backed by U.S. patents and partnerships with firms like Skanska.[1][2][3]
Slate Technologies was founded in 2020 by CEO Trevor Schick and a team of industry experts and data technologists from renowned institutions, aiming to revolutionize decision-making in construction through AI.[1][2][6] The idea emerged from recognizing construction's data fragmentation across siloed systems, leading to inefficiencies; early focus was on connecting scheduling, BIM, ERP, and field data for predictive insights.[1][3] Pivotal moments include securing patents for system integration, launching the SaaS platform with rapid revenue growth (doubling each quarter from January 2025), and evolving technology from predictive models to agentic AI for real-time processing and recommendations.[2]
Slate rides the AI-in-construction wave, capitalizing on AEC's digital transformation amid labor shortages, rising costs, and demands for efficiency in a $10T+ global market.[1][2][3] Timing aligns with maturing tools like Procore and Autodesk, plus generative AI advances enabling agentic systems for real-time decisions—Slate's evolution from predictive ensembles to AI agents exemplifies this.[2] Market forces like supply chain disruptions and sustainability pressures favor its risk mitigation and progress tracking, influencing the ecosystem by partnering with leaders like Skanska to standardize data-driven practices and reduce industry waste.[3]
Slate is poised for expansion with its revenue trajectory, growing AI capabilities, and global focus, potentially dominating AEC analytics as AI agents become standard for project controls.[2][3] Trends like multimodal AI integration and climate-resilient building will shape its path, amplifying influence through more enterprise partnerships and ecosystem integrations. As construction digitizes, Slate's data unification positions it to turn industry complexity into scalable advantages, echoing its founding vision of smarter, faster builds.[1][2]
Slate has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in February 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2023 | $6.0M Seed | Bennett Siegel, Alumni Ventures, CapitalX, Charge Ventures, Craft Ventures, Max Ventures, Trace Cohen, Robin Li, Surface Ventures, TitletownTech, Tusk Venture Partners, Ellie Wheeler, Jared Hyatt, Matt Turk |
