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§ Private Profile · Oakland, CA, USA
StructionSite is a technology company.
StructionSite delivers an intelligent project tracking software platform designed to automate reality capture for construction teams. Its core offering combines cameras and artificial intelligence to facilitate comprehensive site documentation, track installed work, and monitor project progress across all phases through web and mobile applications. This technological approach provides a streamlined method for collecting visual data and transforming it into actionable insights for project management.
The company was founded in 2016 by Matt Daly, Phillip Lorenzo, and Dan Zito. Their collective insight stemmed from recognizing the inefficiencies inherent in traditional manual construction site inspections and documentation processes. They envisioned a solution that would digitize and automate these critical functions, offering a high-value system that reduces effort while improving the accuracy and accessibility of project information.
StructionSite serves a broad range of construction professionals, including general contractors and trade partners, by equipping them with sophisticated tools for site intelligence. The company's long-term vision centers on building a robust, low-effort production tracking solution that leverages site documentation to provide profound insights, empowering users to make more informed and effective decisions throughout the construction lifecycle.
StructionSite has raised $18.5M across 3 funding rounds.
StructionSite has raised $18.5M in total across 3 funding rounds.
StructionSite has raised $18.5M in total across 3 funding rounds.
StructionSite's investors include Christine Tsai, GS Futures, John Boktor, D20 Capital, CEMEX Ventures, Obayashi Corporation, Social Starts, WND Ventures.
StructionSite has raised $18.5M across 3 funding rounds. Most recently, it raised $10.0M Other Equity in January 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 19, 2022 | $10M Venture Round | — | Christine Tsai, GS Futures, John Boktor | Announced |
| Mar 1, 2020 | $7M Series A | — | D20 Capital | Announced |
| Jan 7, 2019 | $1.5M Seed | CEMEX Ventures | Obayashi Corporation, Social Starts, WND Ventures | Announced |
StructionSite is a construction technology company that builds Intelligent Project Tracking software using cameras, 360° videos, and AI to automate onsite work tracking and documentation.[1][2][3] It serves construction project managers, general contractors, and subcontractors by solving the inefficiencies of manual progress tracking, which often leads to errors, delays, cost overruns, and disputes through real-time visibility, accurate photo-backed records, and integration with project management tools.[1][2][4] Founded in 2016 and headquartered in Oakland or San Francisco, California, the company raised $41.94M before being acquired by DroneDeploy in October 2022, reflecting strong growth momentum in digitizing job site management.[1][3]
StructionSite was founded in 2016 by Matt Daly and Philip Lorenzo, who drew from their firsthand experience walking job sites with paper drawings and highlighters to track progress manually.[6] The idea emerged from recognizing the construction industry's outdated practices in a trillion-dollar sector resistant to change, prompting them to create a digital solution for 360° video tours enhanced by AI.[1][6] Early traction built through digitizing site records, evolving into AI-driven tracking tools like SmartTrack®, with pivotal growth via $41.94M in funding and the 2022 acquisition by DroneDeploy.[1][3][6]
StructionSite rides the wave of construction tech digitization, leveraging AI, computer vision, and digital twins to disrupt a trillion-dollar industry historically slow to adopt tech due to manual processes.[3][6] Timing aligns with rising demand for real-time data amid labor shortages, supply chain issues, and disputes, fueled by market forces like drone integration (post-DroneDeploy acquisition) and proptech growth.[1][6] It influences the ecosystem by enabling accurate progress tracking, reducing overruns, and powering platforms like Trimble, while competing with firms like Propeller and Pix4D in AI-driven site management.[1]
Post-2022 acquisition by DroneDeploy, StructionSite's tech will likely expand within a drone-AI powerhouse, enhancing cloud-based mapping and analytics for construction, mining, and beyond.[1] Trends like AI automation, 3D BIM integration, and environmental sensor fusion will shape its path, potentially scaling to global projects with even faster capture via drones.[1][3][6] Its influence may evolve from standalone tracker to core component in unified construction platforms, solidifying leadership in intelligent job site documentation amid industry-wide digital transformation.[1][2]