Ontraccr Technologies Secures $1.2M in Seed Funding for Construction Management Software

Ontraccr Technologies Secures $1.2M in Seed Funding for Construction Management Software

Ontraccr Technologies, headquartered in Vancouver, Canada, has successfully closed a seed funding round of $1.2 million. The funding was contributed by LAB Ventures and Buildtech Ventures. This injection of capital is earmarked for expanding operational capacities and extending market penetration, particularly within various industry segments and further into the US market.

Under the leadership of Syed Ahmed, CEO, and co-founder, Ontraccr offers a no-code platform tailored to the intricacies of the construction industry. This platform is engineered to streamline business operations through automation. Its primary feature is a no-code automation design, meticulously crafted to address the specific needs of construction companies. Ontraccr’s adaptable platform ensures that construction businesses of all sizes can customize and optimize their operations, avoiding the one-size-fits-all pitfall common to many other platforms.

Moreover, Ontraccr specializes in facilitating the smooth transition of businesses into digital operations. The platform simplifies the technological landscape for construction companies by consolidating multiple tools into a single, integrated solution.

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