When was Adaptive founded?

Adaptive was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Adaptive located?

Adaptive is headquartered in New York City, United States.

Who is the current CEO of Adaptive?

Matt Calvano of Adaptive. They have also founded 1 company.

How many employees does Adaptive have?

As of Aug 31, 2026, the latest employee count at Adaptive is 117.

Is Adaptive a funded company?

Adaptive is a funded company, having raised a total of $26.4M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 2021.

When was the latest funding round of Adaptive?

Adaptive's latest funding was a $***** Series B round on Sep 17, 2026, with participation from 6 investors.

Where does Adaptive rank among its competitors?

Adaptive ranks 4th amongst 50 active competitors, of which 13 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Flex, which secured $70M in Jul, 2026.

Who are the top competitors of Adaptive?

Adaptive's top competitors include Flex, PayKeeper and Constrafor. Among them, Adaptive secured the most recent funding round in September, 2026.

Adaptive - 2026 Company Profile, Team, Funding & Competitors

Adaptive is a series B company based in New York City (United States), founded in 2021 by Henry Bradlow and Matt Calvano. It operates as a Developer of artificial intelligence software for automated construction project accounting. Adaptive has raised $26.4M in funding from Andreessen Horowitz and Emergence Capital. The company has 50 active competitors, including 13 funded and 3 that have exited. Its top competitors include companies like Flex, PayKeeper and Constrafor.

Company Details

Developer of artificial intelligence software for automated construction project accounting. This system integrates with existing resource planning platforms to manage back-office workflows such as change order processing, bill approvals, lien waivers, and job costing. It reads daily logs, meeting transcripts, and emails to flag potential changes and draft documentation with cost analysis. By automating administrative tasks, the software provides financial visibility and reduces manual data entry for construction firms and project developers. The solution supports expense tracking, draw management, and subcontractor commitment monitoring to improve operational efficiency and maintain financial accuracy across active projects.

Website: www.adaptive.build/
Phone Number: +1 **********

Key Metrics

Founded Year

2021

Location

New York City, United States

Stage

Series B

Total Funding

$26.4M in 4 rounds

Latest Funding Round

Series B, Sep 17, 2026, $*****

Investors

Andreessen Horowitz & 11 more

Ranked

4^th among 50 active competitors

Employee Count

117 as on Aug 31, 2026

Similar Companies

Flex & 53 more

View Adaptive's full profile

Adaptive is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ADAPTIVE REAL ESTATE, INC. CIN: 863516933 , United States, Active	Dec 31, 1999	-	30 (As on Dec 31, 2024)	-

Adaptive has raised a total funding of $26.4M over 4 rounds. Its first funding round was on Aug 2021. Its latest funding round was a Series B round on Sep 17, 2026 for $*****. 6 investors participated in its latest round. Adaptive has 11 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Adaptive:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 17, 2026	6306361	Series B	6120069	4845443	8935266	3044815
Jul 16, 2024	6379335	Series A	2079101	4639524	5027486	Definition & 5 more
Jul 07, 2022	9593210	Seed	2070984	1307167	Andreessen Horowitz	Third Kind Venture Capital & 3 more

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View details of Adaptive's funding rounds and investors

The founders of Adaptive are Henry Bradlow and Matt Calvano. Matt Calvano is the CEO of Adaptive.

Here are the details of Adaptive's key team members:

Henry Bradlow: Co-Founder & CTO of Adaptive. They serve on the board of 1 company.
Contact Info: 1 email address
Matt Calvano: Co-Founder & CEO of Adaptive.
Contact Info: 1 email address

Adaptive's Board of Directors

Adaptive's board has 3 active members. Henry Bradlow, Francisco Wallace Enriquez and Matthew Ryan Calvano are independent board members.

Here is the list of Adaptive's board of directors:

Name	Type	Representing	Status	Duration
Henry Bradlow	Independent board member	-	Current	4y 0m
xrpzvsh	Independent board member	-	Current	3y 4m
lhadfde	Independent board member	-	Current	4y 3m

View details of Adaptive's Founder profiles and Board Members

Adaptive's employee count trend

Adaptive has 117 employees as of Aug 26. Here is Adaptive's employee count trend over the years:

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Top competitors of Adaptive include Flex, PayKeeper and Constrafor. Here is the list of Top 10 competitors of Adaptive, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flex 2020, Miami (United States), Series B	Internet digital bank for business banking	$184M	Portage, Titanium Ventures & 18 others	59/100
2nd	PayKeeper 2004, South Jordan (United States), Seed	Provider of condition-based payment processing and escrow management execution engine	$3.24M	-	46/100
3rd	Constrafor Manhattan (United States), Series A	Provider of cloud based risk management and construction growth software	$27.8M	FinTech Collective, NFX & 11 others	44/100
4th	Adaptive 2021, New York City (United States), Series B	Developer of artificial intelligence software for automated construction project accounting	$26.4M	Emergence Capital, Andreessen Horowitz & 10 others	42/100
5th	SquareDash 2022, Dallas (United States), Series A	Provider of satellite imagery based residential roof replacement and inspection	$20M	FINTOP, Hustle Fund & 4 others	39/100
6th	Flashtract 2017, Auburn (United States), Acquired	Developer of cloud software for construction billing and payment management	$16.3M	Addition, Shine Capital	38/100
7th	Licify Mexico, Seed	Provider of a platform for managing construction supply chain and finances	$3.4M	Accion, Brick & Mortar Ventures & 4 others	36/100
8th	Harbr 2016, Halifax (Canada), Seed	SaaS-driven project payment management solution for construction professionals	$1.75M	Highline Beta, Montreal FinTech Station & 18 others	34/100
9th	E-Komplet 2012, Aalborg (Denmark), Acquired	Construction project and payment management solution	-	-	33/100
10th	ProjectPAY 2017, Perth (Australia), Funding Raised	Online payment software for the construction industry	-	Springboard Enterprises, Ukri	29/100