Kwant.ai - About the company
Kwant.ai is a seed company based in New York City (United States), founded in 2014 by Eli Borton, Niran Shrestha and Timothy Axness. It operates as a Developer of an AI enabled digital twin based construction analytics platform. Kwant.ai has raised $5.4M in funding from investors like Serra Ventures, Fairstead and Martinson Ventures. The company has 504 active competitors, including 90 funded and 49 that have exited. Its top competitors include companies like Powerplay, BuildOps and OpenSpace.
Company Details
Developer of an AI enabled digital twin based construction analytics platform. It provides project management, BIM, and progress tracking solutions and uses the internet of things and artificial intelligence technology. It also features automatic time cards, payroll integration, LPWAN network, and gateways. It performs analytics on man-hours, safety incidents, time delays, and cost overruns to optimize decision-making.
- Website
- www.kwant.ai/
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Seed
Total Funding
$5.4M in 2 rounds
Latest Funding Round
Investors
Ranked
60th among 504 active competitors
Employee Count
35 as on Jul 01, 2024
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Kwant.ai's funding and investors
Kwant.ai has raised a total funding of $5.4M over 2 rounds. Its first funding round was on Jun 13, 2017. Its latest funding round was a Seed round on Mar 29, 2022 for $*****. 7 investors participated in its latest round. Kwant.ai has 16 institutional investors.
Here is the list of recent funding rounds of Kwant.ai:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 29, 2022 | 3534300 | Seed | 3118147 | 8393000 | 4977068 | 4567969 |
Jun 13, 2017 | 3363661 | Seed | 7426263 | 6510248 | 5105214 |
View details of Kwant.ai's funding rounds and investors
Kwant.ai's founders and board of directors
Founder? Claim ProfileHere are the details of Kwant.ai's key team members:
- Eli Borton: Co-Founder & COO of Kwant.ai.
- Niran Shrestha: Co-Founder of Kwant.ai.
- Timothy Axness: Co-Founder of Kwant.ai.
View details of Kwant.ai's Founder profiles and Board Members
Kwant.ai's employee count trend
Kwant.ai has 35 employees as of Jul 24. Here is Kwant.ai's employee count trend over the years:
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Kwant.ai's Competitors and alternates
Top competitors of Kwant.ai include Powerplay, BuildOps and OpenSpace. Here is the list of Top 10 competitors of Kwant.ai, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of SaaS-driven communication and collaboration software for construction professionals | $15.6M | 72/100 | ||
2nd | BuildOps 2018, Santa Monica (United States), Series C | Software solution for facility management and commercial contractors | $226M | 70/100 | |
3rd | OpenSpace 2017, San Francisco (United States), Series D | Provider of visual intelligence platform for construction site management solutions | $199M | 70/100 | |
4th | AI-enabled field management solutions for the construction sector | $166M | 68/100 | ||
5th | XYZ Reality 2017, London (United Kingdom), Series A | Provider of cloud-based augmented reality software for construction professionals | $34.5M | 67/100 | |
6th | Fieldwire 2013, San Francisco (United States), Acquired | Provider of a cloud-based collaboration platform for construction project teams | $40.4M | 65/100 | |
7th | PlanGrid 2011, San Francisco (United States), Acquired | Provider of collaboration on web and mobile for field construction | $18M | 64/100 | |
8th | Fyld 2019, London (United Kingdom), Series B | Provider of an AI platform for fieldwork operations management | $79.2M | 63/100 | |
9th | Hyphen Solutions 1998, Addison (United States), Series A | Collaboration and scheduling software for home construction sector | - | 62/100 | |
10th | Trunk Tools 2021, New York City (United States), Series B | Provide software for project leaders to address the skilled labor shortage and align workers incentives | $70M | 61/100 | |
60th | Kwant.ai 2014, New York City (United States), Seed | Developer of an AI enabled digital twin based construction analytics platform | $5.4M | 43/100 |
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Kwant.ai's Investments and acquisitions
Kwant.ai has made no investments or acquisitions yet.
Reports related to Kwant.ai
Here is the latest report on Kwant.ai's sector:
News related to Kwant.ai
•
Kwant AI Raises $3.9 Million Seed Round to Revolutionize Workforce Management for Industrial Job SitesRad AI•Mar 29, 2022•Kwant.ai, , The Pearl Fund, 7BC Venture Capital and 4 others
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