GreenLite

GreenLite

Permit management and code compliance services

Overview

GreenLite Technologies helps builders and real estate developers manage building permits. It combines expert compliance reviews, full-service permit management, and proprietary software to reduce delays and costs in the permitting process. The core products include Permit Management, Private Plan Review, and Code Compliance, serving clients from builders to building departments. The company uses Atlas, a real-time permit tracking platform that shows the status of every permit in a portfolio in one place, replacing scattered emails and spreadsheets. It also uses LiteTable, an intelligent plan review tool that embeds building code knowledge directly into the review workflow. By pairing seasoned permitting expertise with its technology, GreenLite offers a comprehensive service that navigates the complexities of permits more efficiently and transparently than traditional methods.

About GreenLite

Simplify's Rating
Why GreenLite is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Government & Public Sector

Enterprise Software

Real Estate

Company Size

51-200

Company Stage

Series B

Total Funding

$86M

Headquarters

New York City, New York

Founded

2022

Simplify Jobs

Simplify's Take

What believers are saying

  • Series B $49.5M from Insight Partners funds expansion into lodging and clean energy.
  • Trusted by 100 Fortune 500 firms like Walgreens, achieving 75% faster approvals.
  • 15-day permits with zero revisions proven on 45 projects.

What critics are saying

  • Insight Partners demands strain 50-employee team, causing breakdowns in 6-12 months.
  • Austin cities slash referrals prioritizing public control in 12-18 months.
  • FieldAI's $405M crushes GreenLite's AI review market share in 12-18 months.

What makes GreenLite unique

  • GreenLite combines AI-powered LiteTable with expert Private Plan Review for code stamping.
  • Atlas provides real-time permit tracking across client portfolios, replacing emails.
  • Proprietary database integrates plans, zoning, and jurisdiction-specific compliance patterns.

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Funding

Total Funding

$86M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$49.5M
GreenLite
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Commuter Benefits

Paid Vacation

Unlimited Paid Time Off

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

-4%
AInvest
Sep 18th, 2025
GreenLite Technologies Raises $49.5M Funding

Six construction tech firms raised a total of $110 million in venture capital. GreenLite secured $49.5 million for its AI-powered permitting review software, and Mechasys raised $23 million for its projected reality technology. DroneDeploy received $15 million and reached break-even. FieldAI previously raised $405 million in August. Other firms involved include CEMEX Ventures and Hinge Health.

Greenville Business Magazine
Sep 15th, 2025
GreenLite Raises $49.5M for AI Permitting

GreenLite has raised $49.5 million in a Series B funding round led by Insight Partners, with participation from Energize Capital and existing investors. The funds will be used to expand GreenLite's AI-powered construction permitting solutions into new verticals such as lodging, logistics, and clean energy infrastructure. GreenLite's technology accelerates permit timelines by 75% and is trusted by nearly 100 Fortune 500 companies. The company was founded in 2022 and has 50 employees.

VC News Daily
Sep 17th, 2024
GreenLite Raises $28.5M Series A

GreenLite, a construction technology company, announced a $28.5 million Series A funding round led by Craft Ventures, with participation from 53 Stations, Trust Ventures, and LiveOak Ventures. The funds will be used to enhance its technology platform, expand into new markets, and deepen work with local government agencies. This raise comes less than a year after GreenLite's launch from stealth.

PR Newswire
Sep 17th, 2024
GreenLite Raises $28.5M to Privatize Permitting for Developers and Regulatory Authorities

NEW YORK, Sept. 17, 2024 /PRNewswire/ - GreenLite, a construction technology company making permitting faster and more predictable for builders, developers, and municipalities, today announced its Series A raise of $28.5 million, led by Craft Ventures with participation from 53 Stations, Trust Ventures, and LiveOak Ventures.

ExploreBit
Nov 1st, 2023
GreenLite Raises USD 8M Seed Funding

GreenLite raises USD 8M seed funding.

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