FField Materials provides an AI-powered platform for construction procurement, accounts payable automation, and inventory management. Its AI agents read vendor documents, extract data, and automatically drive workflows across purchasing, inventory, AP, and prefab operations, all while integrating with major construction ERP systems. The product ties together procurement, invoicing, and stock management in one platform, reducing manual data entry and speeding up processes. Field Materials differentiates itself by its deep focus on construction workflows and ERP integrations, serving 16 trades, 36 states, and 4 countries with a platform that handles large purchasing volumes (over $2B annually). Founded in 2022 and backed by $21M+ in venture funding, the company aims to help construction teams buy smarter, pay faster, and manage inventory more efficiently across projects.
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Industries
Company Size
51-200
Company Stage
Series A
Total Funding
$18.7M
Headquarters
Charlotte, NC
Founded
2022
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Total Funding
$18.6M
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Funded Over
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Field Materials launches AI agents for material purchasing and AP work. Field Materials - the leading construction procurement AI platform processing over $2 billion in material purchases annually - has released AI automation agents that function as office employees working 24/7. Article content provided by Field Materials. Field Materials, the leading construction AI procurement platform has released AI agents that run around the clock to perform purchasing and AP tasks. 41% of today's construction workforce will hit retirement age by 2031. When a purchaser or AP specialist with 30+ years in the trade walks out the door, most of thier knowledge is gone. Field Materials agents perform the tasks you give them, so that your company's knowledge is no longer stored in one person's head. You describe in plain English how you do things, and the agent follows your instructions. Agents can message human users for clarifications and can also collaborate with other agents. For example, the new agents can rely on data extraction agents to read supplier paperwork. Thist capability came out of 4 years of work on document extraction, trained on paperwork from over 25,000 suppliers. A quote for rooftop units, a spiral duct order delivery slip, an AP invoice - all have different formats, and the agents are trained to process all of them. Agents today can process field requisitions and send them to the right supplier or the contractor's warehouse. They can verify invoice accuracy and approve the ones that have no issues, or flag the ones that need a human look. Agents can also reorder shop inventory when it drops below a set point. While some ERPs recently added AI chatbot capabilities, there is a big difference when compared to the Field Materials agents. The agents are deterministic, while AI chatbots halucinate. Agents are procurement specialists - they know how to compare supplier quotes, how to process POs, delivery tickets, supplier invoices. And they leverage the integrations with all major construction ERPs, so they can read a project budget and write a PO or an AP invoice back into the ERP. The company works with contractors in 36 states and 3 continents. Customers include Dynamic Systems, Silicon Valley Mechanical, and Worth & Company. Have a question for Field Materials? Contact Field Materials here. Field Materials is the world's first material purchasing software powered by AI. Our web and mobile apps streamline contractors' material procurement from analyzing quotes to managing orders and deliveries to the construction site. We help contractors cut 90% of PO processing time and save 5-10% in materials costs by auto-verifying invoices against POs Oct 23, 2026 - Products & Services Update
How Field Materials hit $1.3 billion in construction sales. May 4, 2026 * How smart AI tools helped a startup reach a huge milestone. * Why the massive data center boom is changing how builders buy supplies. * How this software saves valuable time on everyday paperwork. * What is next for this growing company in the near future. Building huge projects takes a lot of parts and planning. Right now, a clever tech startup called Field Materials is seeing amazing success. They help builders buy what they need using smart AI tools. Recently, they passed a massive $1.3 billion in total order volume. This is a huge jump from last year. A big reason for this growth is the massive push to build new data centers. The company's leaders see this as just the start. "A billion dollars is an important milestone," said Eldar Sadikov, the co-founder and CEO. "But the opportunity ahead is bigger. Commercial material purchasing in the U.S. alone is a $300B+ market. And the data center surge is pushing it higher." He also noted that builders are changing how they think. "The data center boom didn't just bring us customers," Sadikov said. "It changed the conversation. Contractors aren't asking whether to automate anymore, they're asking how fast we can get them live." A big data center push. Spending on new tech buildings is huge right now. In the U.S. alone, spending on new data centers hit an estimated $61 billion recently. Big companies like Amazon and Microsoft are pouring money into new infrastructure. Because of all this work, contractors need a better way to manage their jobs. Field Materials offers a platform that makes ordering supplies much simpler and keeps projects on track. Saving valuable time. In the past, builders had to handle orders and invoices by hand. This took a lot of effort and caused delays. Now, Field Materials uses smart tech to fix this problem. Their system links up with common construction accounting programs. It cuts the time spent on paperwork by a full 90 percent. This helps top builders keep their projects moving. They now help over 100 contractors across many different countries handle their daily needs. Reaching new goals. The startup is growing faster than ever. Started in 2022 by two Stanford graduates, the team has already raised over $20 million to build their platform. Their sales volume is growing fast every single quarter. In fact, they expect to pass $2 billion in just a few months. To keep up with all the new work, they plan to hire more staff and release even more helpful tools this year.
Field Materials, a SMACNA Silver Associate Member, has partnered with the New Horizons Foundation to release a first-of-its-kind benchmarking survey to reveal both the best practices used by the mechanical contractors in procurement as well as sources of administrative burden caused by procurement.
Field Materials, developer of a digital software platform designed to democratize the procurement of construction materials, raised $10.5 million of Series A venture funding in a deal led by Navitas Capital.
Field Materials has secured $10 million in Series A funding to enhance its AI platform for the construction industry. The funding will enable the company to double its team, focusing on improving material and equipment procurement processes. The construction materials and equipment rental market in the US is valued at $600 billion, yet it still relies on outdated methods like phone calls and manual data entry. Field Materials aims to address this issue with its AI solution.
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We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
51-200
Company Stage
Series A
Total Funding
$18.7M
Headquarters
Charlotte, NC
Founded
2022
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Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs