Ingenius.Build

Ingenius.Build

AECO-focused construction administration software.

Overview

Ingenious.Build offers a subscription software platform for the AECO industry that automates construction administration. It centralizes budgeting and cost management, bidding and procurement, portfolio management, and change order workflows with digital requests and customizable approvals. It differentiates itself by providing an end-to-end CA workflow in one place, with real-time insights and multi-currency support for international projects. Its goal is to save time, reduce financial and operational risks, and improve decision-making by automating administrative tasks.

About Ingenius.Build

Simplify's Rating
Why Ingenius.Build is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Real Estate

Company Size

51-200

Company Stage

Series A

Total Funding

$42.5M

Headquarters

Chicago, Illinois

Founded

2016

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Simplify's Take

What believers are saying

  • AI risk prediction demand boosts platforms integrating predictive analytics into workflows.
  • Modular construction's 12-15% growth enables specialized procurement modules.
  • ESG compliance trend creates opportunities for sustainability metrics integration.

What critics are saying

  • Procore's 40% market share locks enterprise clients, diverting subscriptions.
  • Autodesk's AI analytics cause client churn with 20% YoY growth.
  • Oracle's BuildOps acquisition steals mid-market deals via enterprise sales.

What makes Ingenius.Build unique

  • INGENIOUS.BUILD integrates financials, tasks, and communications in one centralized platform.
  • Automated workflows streamline RFIs, submittals, scheduling, and cost controls seamlessly.
  • Multi-currency portfolio management supports international AECO projects effectively.

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Funding

Total Funding

$42.5M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$37M
Ingenius.Build

Benefits

Unlimited Paid Time Off

Paid Sick Leave

Home Office Stipend

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

0%
FinSMEs
Nov 17th, 2023
Ingenious.Build Raises $37M In Series A Funding

Ingenious.Build, a Nashville, TN-based technology company specializing in project management software for real estate development and construction, raised $37M in Series A funding.The round was led by Morpheus Ventures and Navitas Capital alongside Koch Real Estate Investments, with participation from American Family Ventures, JLL Spark Global Ventures and Crow Holdings.The company intends to use the funds to accelerate its growth trajectory focusing on advancing product features, further expanding market reach and enhancing client support infrastructure.Led by Nick Carter, CEO and Founder, Ingenious.Build is a technology company specializing in project management software for real estate development and construction. By leveraging data, automation, end-to-end project management, and real-time insights, it empowers organizations and all stakeholders to manage projects with precision and reduced risk.Platform tools include:Fully automated platformMobile accessibility – iOS & AndroidCloud-based real-time collaborationIntegrations with other construction softwareThe company serves Real Estate Development and Construction organizations worldwide, with a presence in North America, Europe, Asia, and the Middle East.FinSMEs17/11/2023

Securities and Exchange Commission
Nov 10th, 2023
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

TechCrunch
Nov 21st, 2020
Affirm, Airbnb, C3.ai, Roblox, Wish file for tech IPO finale of 2020

For some of the most awaited Silicon Valley tech companies of the decade, this week looked good enough to file for IPOs

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