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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.
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Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Seed
Total Funding
$5.4M in 2 rounds
Latest Funding Round
Ranked
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
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Kwant.ai's founders and board of directors

Founder? Claim Profile
The founders of Kwant.ai are Eli Borton, Niran Shrestha and Timothy Axness.
Here are the details of Kwant.ai's key team 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:
Employee count trend for Kwant.ai
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Powerplay
Powerplay
2020, Bengaluru (India), Series A
Provider of SaaS-driven communication and collaboration software for construction professionals
$15.6M
72/100
2nd
Logo for BuildOps
BuildOps
2018, Santa Monica (United States), Series C
Software solution for facility management and commercial contractors
$226M
70/100
3rd
Logo for OpenSpace
OpenSpace
2017, San Francisco (United States), Series D
Provider of visual intelligence platform for construction site management solutions
$199M
70/100
4th
Logo for Buildots
Buildots
2018, Tel Aviv (Israel), Series D
AI-enabled field management solutions for the construction sector
$166M
68/100
5th
Logo for XYZ Reality
XYZ Reality
2017, London (United Kingdom), Series A
Provider of cloud-based augmented reality software for construction professionals
$34.5M
67/100
6th
Logo for Fieldwire
Fieldwire
2013, San Francisco (United States), Acquired
Provider of a cloud-based collaboration platform for construction project teams
$40.4M
65/100
7th
Logo for PlanGrid
PlanGrid
2011, San Francisco (United States), Acquired
Provider of collaboration on web and mobile for field construction
$18M
64/100
8th
Logo for Fyld
Fyld
2019, London (United Kingdom), Series B
Provider of an AI platform for fieldwork operations management
$79.2M
63/100
9th
Logo for Hyphen Solutions
Hyphen Solutions
1998, Addison (United States), Series A
Collaboration and scheduling software for home construction sector
-
62/100
10th
Logo for Trunk Tools
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
Logo for Kwant.ai
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

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