11 recent contech funding announcements

Companies focused on software and technology for construction firms have received millions of dollars in investor funding over the past few months.

The industry saw a record $2.1 billion in funding pumped into its coffers last year, and contractors are adopting technology at a faster rate thanks in part to the pandemic. Investors have taken note, and continue to pour money into the sector.

Read on to find out which firms generated the most capital.

ConstructSecure

$96 million

Burlington, Massachusetts-based construction software company ConstructSecure announced on Jan. 24 that it had raised $96 million in growth equity in a round led by Summit Ventures, according to a press release.

The platform supports contractors through the planning and operations phases of builds through a risk-assessment platform. While the program started out that way, according to the release, it has since expanded to help contractors find partners and subcontractors through

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