TraceAir Secures $25M in Series B Funding

TraceAir, a site intelligence software provider based in Seattle, WA, has raised $25 million in Series B funding. The funding round was led by PeakSpan Capital, with additional participation from Flashpoint Venture Capital and other existing investors.

The newly acquired funds will be utilized to develop and launch new products aimed at enhancing land development and homebuilding workflows. The focus will be on integrating predictive analytics to increase efficiency and automation within the industry.

TraceAir was co-founded by Maria Khokhlova, Dmitry Korolev, Alexander Solovyev, and Nikita Ushakov. The company specializes in construction site analysis and management solutions for land development and homebuilding. Their platform captures 3D project data, helping construction teams save time and reduce the risk of errors and delays.

TraceAir’s software is utilized by leading industry companies, including DR Horton, Howard Hughes, and Lennar.

---

If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.

Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.