Bobyard, a San Francisco–based construction technology company, has raised $35 million in its Series A round. The startup uses AI models to automate construction takeoffs and estimates, helping contractors prepare bids with greater speed and accuracy.
The round was led by 8VC, with participation from Pear VC, Primary Venture Partners, Tishman Speyer, RXR, Caffeinated Capital, and Merrick Ventures.
8VC, founded in 2015 and headquartered in Austin, invests in “transformative technology and life sciences companies.” The firm launched its sixth fund in 2025, totaling $998 million.
The company intends to use the new funding to strengthen its AI models, broaden its product capabilities, and expand into more construction trades. It will also grow its engineering and go-to-market teams as demand for automated estimating tools continues to rise.
Founded in 2023 by Michael Ding, Bobyard provides an AI platform designed to assist contractors with takeoffs and estimates. Its proprietary computer-vision models read blueprints “like seasoned estimators,” automating up to 70% of the takeoff workflow. This allows contractors to generate bids in minutes instead of hours.
Based in San Francisco, the platform initially focused on landscaping and is expanding into drywall, electrical, HVAC, plumbing, and framing. The company serves contractors across the United States.
Company: Bobyard, Inc.
Round: Series A
Amount Raised: $35.0M
Date: December 2025
Lead Investor: 8VC
Other Investors: Pear VC, Primary Venture Partners, Tishman Speyer, RXR, Caffeinated Capital, Merrick Ventures
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