Outbuild, a San Francisco, CA-based provider of construction scheduling and planning software, has raised $11 million in Series A funding.
Investors
The round was led by Sway Ventures, with participation from Hilti Venture, Trimble Ventures, BGV, and Zacua Ventures.
Sway Ventures is a U.S.-based venture capital firm that invests in early to mid-stage technology companies, focusing on transformative enterprise and consumer solutions. With a multi-strategy approach across private equity, credit, and impact, Sway Ventures serves as both funder and partner in industry transformation and category creation.
Outbuild Use of Funds
The funds will support Outbuild’s goal to double its commercial growth by Fall 2025, expand its team, and enhance its product roadmap with new AI-driven features.
About Outbuild
Founded in 2021, Outbuild offers cutting-edge scheduling and planning software designed to enhance project management in the construction industry. The platform provides real-time insights and project analytics through customizable dashboards, enabling construction professionals to optimize scheduling, increase efficiency, and reduce delays. Outbuild has over 4,000 active projects across 10 countries and clients like Greystar and Skender.
Funding Details
Company: Outbuild
Raised: $11.0M
Round: Series A
Funding Date: November 2024
Lead Investor: Sway Ventures
Additional Investors: Hilti Venture, Trimble Ventures, BGV, Zacua Ventures
Company Website: https://www.outbuild.com/
Software Category: Project Management
Source: https://www.prnewswire.com/news-releases/outbuild-secures-11-million-in-series-a-funding-a-key-step-in-supporting-on-time-completion-for-construction-projects-globally-302303225.html