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 Dec 31, 2023, the latest employee count at Adaptive is 14.

Is Adaptive a funded company?

Adaptive is a funded company, having raised a total of $26.4M across 3 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 A round on Jul 16, 2024, with participation from 7 investors. Its primary sector is Construction Tech. In United States, the Construction Tech sector has seen $881M in funding in 2026 to date.

Where does Adaptive rank among its competitors?

Adaptive ranks 3rd amongst 35 active competitors, of which 14 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Flex, which secured $60M in Dec, 2025.

Who are the top competitors of Adaptive?

Adaptive's top competitors include Flex, Levelset and PayKeeper. Among them, Flex secured the most recent funding round in December, 2025.

Adaptive - 2026 Company Profile, Team, Funding & Competitors

Adaptive is a series A company based in New York City (United States), founded in 2021 by Henry Bradlow, Matt Calvano and Francisco Enriquez. It operates as a Provider of AI-powered financial management platform for construction industry professionals. Adaptive has raised $26.4M in funding from Andreessen Horowitz and Emergence Capital. The company has 35 active competitors, including 14 funded and 4 that have exited. Its top competitors include companies like Flex, Levelset and PayKeeper.

Company Details

Provider of AI-powered financial management platform for construction industry professionals. The platform unifies financial operations between field and accounting. It automates accounts payable and job costing. The platform also offers real-time work-in-progress tracking and billing. It manages lien waivers, insurance, and other documents. The platform provides integration with accounting products and comprehensive reporting.

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

Key Metrics

Founded Year

2021

Location

New York City, United States

Stage

Series A

Total Funding

$26.4M in 3 rounds

Latest Funding Round

Series A, Jul 16, 2024, $*****

Investors

Andreessen Horowitz & 11 more

Ranked

3^rd among 35 active competitors

Employee Count

14 as on Dec 31, 2023

Similar Companies

Flex & 38 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 3 rounds. Its first funding round was on Aug 2021. Its latest funding round was a Series A round on Jul 16, 2024 for $*****. 7 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:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 16, 2024	4494502	Series A	7450900	1813525	8040613	2371538
Jul 07, 2022	9479141	Seed	1100830	1168358	3824958	Third Kind Venture Capital & 3 more
Aug 2021	5818196	Seed	9376285	9172156	5418980	7312864

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View details of Adaptive's funding rounds and investors

The founders of Adaptive are Henry Bradlow, Matt Calvano and Francisco Enriquez. 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
Francisco Enriquez: Co-Founder & CFO 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	3y 8m
cbmibbq	Independent board member	-	Current	3y 3m
dxkxqwk	Independent board member	-	Current	6y 4m

View details of Adaptive's Founder profiles and Board Members

Adaptive's employee count trend

Adaptive has 14 employees as of Dec 23. Here is Adaptive's employee count trend over the years:

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Top competitors of Adaptive include Flex, Levelset and PayKeeper. 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	$114M	Portage, Florida Funders & 14 others	65/100
2nd	Levelset 2005, New Orleans (United States), Acquired	B2B payments platform for construction payments	$48.4M	Horizons Ventures, Knollwood Investment Advisory ... & 10 others	53/100
3rd	Adaptive 2021, New York City (United States), Series A	Provider of AI-powered financial management platform for construction industry professionals	$26.4M	BoxGroup, Andreessen Horowitz & 10 others	50/100
4th	PayKeeper 2004, South Jordan (United States), Seed	Provider of condition-based payment processing and escrow management execution engine	$3.24M	-	47/100
5th	Beam 2022, San Francisco (United States), Series A	Provider of construction and financial management software with AI assistance	$15M	Zigg Capital, Accel & 5 others	44/100
6th	Constrafor 2019, Manhattan (United States), Series A	Provider of construction payment management, risk mitigation, and financing solutions	$27.8M	NFX, FinTech Collective & 11 others	43/100
7th	Flashtract 2017, Auburn (United States), Acquired	Online billing automation software for the construction industry	$16.3M	Addition, Shine Capital	42/100
8th	SquareDash 2022, Dallas (United States), Series A	Payment processing and lending for insurance restoration contractors	$20M	FINTOP, Hustle Fund & 4 others	38/100
9th	Harbr 2016, Halifax (Canada), Seed	SaaS-driven project payment management solution for construction professionals	$1.75M	Highline Beta, Montreal FinTech Station & 18 others	35/100
10th	Licify 2017, Monterrey (Mexico), Seed	Provider of a platform for managing construction supply chain and finances	$3.4M	Accion, Brick & Mortar Ventures & 4 others	32/100