Overview

Pulley offers a software platform that simplifies the permitting process for real estate development projects. It caters to developers involved in both mixed-use and single-family residential projects. The platform allows users to map out the permitting process, track review times, and submit applications directly to city reviewers with a single click. This user-friendly interface promotes effective team collaboration, ensuring that applications are prepared accurately to minimize delays and enhance approval chances. Pulley operates on a subscription model, providing clients with ongoing access to tools for tracking permit statuses, managing revisions, and receiving updates on review progress. By serving as a centralized source for all project-related information, Pulley helps clients stay organized and informed, ultimately aiming to streamline the permitting process and reduce the risk of costly delays.

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Simplify's Take

What believers are saying

• Increased adoption of digital twins can enhance Pulley's platform capabilities.
• AI-driven document automation tools can streamline Pulley's application processes.
• Growing interest in sustainable building practices may boost demand for Pulley's services.

What critics are saying

• Emerging competitors could capture market share with lower prices or additional features.
• Changes in local government permitting processes could require costly software updates.
• Economic downturns could reduce the number of new development projects, impacting revenue.

What makes Pulley unique

• Pulley offers a dedicated platform specifically for construction permitting.
• Pulley's platform includes localized requirements and embedded expertise for faster permitting.
• Pulley provides a 'single source of truth' for project-related information.

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Funding

Total Funding

$4.4M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:

BoxGroup

Notable Investors:

BoxGroup

$4,400,000

Seed

Jun 2022

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.

Seed Funding Comparison

Above Average

Industry standards

Ind Avg. $3.3M

$500k

$1.5M

$2M

$2.3M

$3M

$4.4M