BiltOn, a construction operations and risk management software provider based in New York City, has successfully raised $15 million in a Series B funding round.
The investment round was led by PSG Equity, with participation from Titan Capital and 97212 Ventures. As part of the deal, Jeff Wilpon, founding partner and CEO of Sterling Project Development, has joined BiltOn’s advisory board.
The newly acquired capital will support BiltOn’s plans to expand its operations across the U.S. and further enhance its platform’s capabilities.
Founded by Omer Slavin, who serves as the CEO, BiltOn offers a platform designed to help owners and general contractors monitor labor, safety, and compliance throughout the construction process. The company focuses on streamlining project management by centralizing data and improving oversight.
Since its inception in 2018, BiltOn has broadened its range of tools to address key challenges in the construction sector. The platform includes features such as 3D facial recognition for workforce verification, automated payroll tracking, daily reporting tools, safety checklists, incident management, and permit and certification tracking. These tools are accessible via both web and mobile platforms, allowing users to manage various project aspects remotely.
Currently, BiltOn supports over 1,200 construction firms across more than 3,000 active projects worldwide. The platform caters to several industry sectors, including civil, industrial, commercial, residential, and healthcare construction. As part of its continued growth, BiltOn has expanded its team to over 70 employees. Some of its notable clients include general contractors like Consigli, Rudin, Hunter Roberts, SD Builders, and OKO Group.
The platform integrates with widely used construction management systems such as Procore and Autodesk. In addition, it aligns with the New York City Department of Buildings’ standards, enabling seamless data management and regulatory compliance.
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By Proptechbuzz
By Ravi Kumar