StructShare Technologies Overview
StructShare streamlines the purchasing of building materials by connecting field, accounting, and procurement teams in a seamless, cloud-based platform. StructShare aims to replace error-prone manual purchasing workflows with a fully digital solution designed specifically for trade contractors, enabling them to easily transition into more efficient materials purchasing and management.
Cumulative Funding Raised Over Time ($)
Latest News
הסטארטאפ הישראלי StructShare נרכש בעשרות מיליוני דולרים
growth-positive
I’m proud to announce that StructShare (Acquired by Trimble Inc.) has been acquired by Trimble Inc.(NASDAQ: TRMB), the global leader in construction technology.
StructShare, a company specializing in construction materials management, has been acquired by Trimble Inc., a leader in construction technology. This acquisition marks a significant milestone for StructShare, allowing it to join forces with Trimbles expansive ecosystem and cutting-edge AI capabilities. The acquisition is seen as a positive step forward in transforming the construction materials and supply chain industry. StructShare, now operating under the name Trimble Materials, aims to scale its impact further with the support of Trimble. The announcement highlights the resilience and dedication of StructShares team in overcoming various challenges and achieving this milestone.
Acquired-by
growth-positive
StructShare secures $8 million to digitize the construction supply ecosystem | CTech
StructShare, a construction procurement and inventory platform, has raised $8 million in funding. The Israeli startup aims to improve supply chain inefficiencies using digital tools and data analysis. The funding round was led by KOMPAS, with participation from SeedIL and CEMEX Ventures. StructShare has developed a software solution that automates procurement processes and has experienced 300% year-on-year customer growth across 20 states and 15 trades.
Investment
growth-positive
StructShare Launches Deep Procore Integration
StructShare, a provider of purchasing and material management software, has announced an integration with Procore, a construction management software provider. The integration aims to enhance efficiency for specialty trades and self-performing general contractors by automating the material management cycle. The integration will allow for automatic synchronization of purchase orders, invoices, and updates to project financials and budgets in Procore. This partnership aligns with Procores vision and is expected to increase efficiency and profitability for Procores customers in the specialty trade market. StructShares platform has been well-received by trade contractors, with high customer satisfaction and significant time and cost savings reported.
Partners
growth-positive
https://www.finsmes.com/2020/10/builtup-ventures-invests-in-trusstor-and-structshare.html
BuiltUp Ventures has made financial commitments to Trusstor and StructShare, two Israeli construction tech startups. Trusstor provides a command and control system for the construction industry, while StructShare offers an online platform for procurement processes. BuiltUp Ventures is an investor in early-stage property technology (proptech) startups and has previously invested in companies like MyTower, SolidBlock, Augmind, Innovesta, and Everflow.
Investment
| Sector | Industrial Technologies |
Funding
| Total funding | $8M |
| Last funding | $8M |
| Stage | Acquired |
| Rounds | 3 |
| Investors | 5 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | structshare.com |
| App Store | App Store |
| Google Play | Google Play |
Locations
Yigal Alon St 65, Tel Aviv-Yafo, Israel
New York, NY, USA
Photos & Videos
2 item(s)
