Buildots Secures $16 Million to Give Construction a Tech‑Boost
Funding Details
In a bold move, Buildots has locked in a total of $16 million—a $3 million seed plus a whopping $13 million Series A. The influx is set to power up AI-driven insights for construction crews worldwide.
Who’s Backing It
- TLV Partners (lead)
- Innogy Ventures
- Tidhar Construction Group
- Ziv Aviram, co‑founder of Mobileye & OrCam
- Zvika Limon, Magma Ventures
- Benny Schnaider & Avigdor Willenz, serial entrepreneurs
- Gil Geva, chairman of Tidhar
The Problem in Construction
Despite all the hard hats and progress trucks, the industry still leans heavily on painfully manual record‑keeping. Managers juggle hundreds of thousands of tasks, and the average mega‑project ends up being 30‑plus percent over budget and 40 % late. Not exactly the level of precision you’d expect.
Buildots’ Solution
Enter hard‑hat‑mounted cameras that snap everything from flickering lights to borderline‑mismatched sockets during regular site walks. The smart software instantly compares each snap to the original design model—so if an outlet is crooked, it pops up on the dashboard (complete with the photo) and can be fixed, right then. No more costly “oops‑moment” weeks later.
As CEO Roy Danon puts it, “Automatic process control was a myth—until AI and computer vision made it a reality.”
How the Dashboard Works
- Shows overall progress broken down by trade
- Highlights loose ends that still need tying up
- Integrates seamlessly with existing construction management tools
Who Built It
Founded in 2018 by Roy Danon, Aviv Leibovici, and Yakir Sundry—all ex‑Talpiot heroes (the Israeli Defense Forces’ top creative unit)—the company now boasts a team of 35 engineers, researchers, and business pros. Current clients include two of Europe’s top ten construction firms and Israel’s largest builder. Plans are afoot to roll out to the U.S. next year.
What Investors are Saying
TLV’s managing partner, Shahar Tzafrir, highlighted a $1.6 trillion opportunity to close the productivity gap. Meanwhile, Tidhar’s Gil Geva noted, “We went from customer to investor because Buildots proved we could solve what many thought unconquerable.”
Moving Forward
The fresh capital will turbocharge product refinement, expand into new regions, and ultimately help managers keep projects on time and on budget—one AI‑powered snapshot at a time.
