Versatile — Finder

About

Versatile addresses inefficiencies in construction, particularly with managing cranes and jobsite productivity, which can lead to delays, overtime, and suboptimal resource use. Versatile develops a hardware and software solution that collects data on crane activities, providing real-time insights to optimize crane usage, track site productivity, and improve decision-making.

Classification

Sector

Industrial TechnologiesProcess Automation & Intelligence Systems

Core Technology

Data StorageCloudCommunicationsIOTArtificial IntelligenceMachine Learning

Target Customer

Real Estate & ConstructionConstruction

Business Model

B2B

Tags

saasartificial-intelligencebig-data-analyticssafetymachine-learningiotconstructionmanagement-solutionscloudreal-estateproductivityindustry-4.0sensors

Funding & Events

Sep 2021

B Round $80M

Insight Partners (Lead), Rob Phillpot, Entrée Capital, Conductive Ventures, Tiger Global Management, Robert Bosch Venture Capital, Leigh Jasper

Nov 2016

Non-equity $33K

Feb 2019

Pre-Seed $2M

Urban Innovation Fund, Lagziel family, Root Ventures

Feb 2018

Pre-Seed $1M

Lagziel family, Urban Innovation Fund, URBAN-X

Dec 2020

A Round $20M

Insight Partners (Lead), Robert Bosch Venture Capital, Root Ventures, Rob Phillpot, Conductive Ventures, Entrée Capital, Leigh Jasper

Aug 2019

Seed $5.5M

Robert Bosch Venture Capital (Lead), Leigh Jasper, Conductive Ventures, Rob Phillpot, Root Ventures

News (12)

Feb 5, 2024 ·

www.calcalistech.com

growth-positive

Contech startup Versatile appoints Eishay Smith as new CEO | CTech

Management ChangesLayoffsExpand

Sep 14, 2021 ·

en.globes.co.il

growth-positive

Israeli AI construction optimization co Versatile raises $80m

InvestmentExpand

Dec 4, 2020 ·

builtworlds.com

growth-positive

With $20 Million Round Led by Insight Partners & Joined by London's Entree Capital, Meirav Oren's Versatile May Be Construction's Most Global Startup - BuiltWorlds

PartnersInvestment

Dec 3, 2020 ·