BiltOn News
2 articles
growth-positive
BiltOn, founded by ex-Sayeret Matkal officers, nets $15M Series B for construction site platform | CTech
BiltOn, formerly known as Beti, has raised $15 million in a Series B funding round led by PSG Equity, with participation from Titan Capital and 97212 Ventures. The company, which provides digital workforce and safety management solutions for construction sites, has seen significant revenue growth in the U.S. market. BiltOn covers 70% of the Israeli construction market and plans to expand further into the U.S. market. The platform is used by over 1,200 companies across 3,000 worksites worldwide. The investment will be used to accelerate deployment among construction companies in the U.S. BiltOns platform has been shown to reduce fatal accidents and insurance premiums through its safety management algorithm.
InvestmentExpandCustomersPartners
growth-positive
Contech startup founded by ex-Sayeret Matkal officers raises $11 million | CTech
Beti, a cloud-based construction site management software, has announced an $11 million strategic growth investment round led by PSG, with participation from 97212 Ventures. The company provides construction developers and general contractors with a one-stop-shop solution for site management, focusing on safety, labor management, and quality assurance. Beti plans to use the investment to accelerate its growth strategy, expanding into key East Coast cities such as Philadelphia and Miami, as well as business hubs across New Jersey and Connecticut.
InvestmentExpand
