When was Paces founded?

Paces was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Paces located?

Paces is headquartered in Brooklyn, United States.

Who is the current CEO of Paces?

James Mcwalter of Paces. They have also founded 1 company.

How many employees does Paces have?

As of Apr 30, 2026, the latest employee count at Paces is 73.

Is Paces a funded company?

Paces is a funded company, having raised a total of $12.9M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 02, 2022.

When was the latest funding round of Paces?

Paces' latest funding was a $***** Series A round on Jul 30, 2024, with participation from 3 investors. Its primary sector is Construction Tech. In United States, the Construction Tech sector has seen $979M in funding in 2026 to date.

Where does Paces rank among its competitors?

Paces ranks 6th amongst 1785 active competitors, of which 166 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was MatX, which secured $500M in Feb, 2026.

Who are the top competitors of Paces?

Paces' top competitors include Procore, Powerplay and BuildOps. Among them, MatX secured the most recent funding round in February, 2026.

Paces - 2026 Company Profile, Team, Funding & Competitors

Company Details

Platform for evaluating sites for renewable project development. It uses modeling and data points to help developers make decision related to renewable projects. It also provides analyzing solutions.

Website: www.paces.com/
Social

Key Metrics

Founded Year

2022

Location

Brooklyn, United States

Stage

Series A

Total Funding

$12.9M in 2 rounds

Latest Funding Round

Series A, Jul 30, 2024, $*****

Investors

Resolute Ventures & 16 more

Ranked

6^th among 1785 active competitors

Employee Count

73 as on Apr 30, 2026

Similar Companies

CONXAI & 69 more

View Paces' full profile

Paces has raised a total funding of $12.9M over 2 rounds. Its first funding round was on Jun 02, 2022. Its latest funding round was a Series A round on Jul 30, 2024 for $*****. 3 investors participated in its latest round. Paces has 11 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Paces:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 30, 2024	3228493	Series A	2267085	9115404	3954948	8228694
Jun 02, 2022	3718963	Seed	9952664	3048297	Resolute Ventures	Y Combinator & 10 more

Access funding benchmarks and valuations. Sign up today!

View details of Paces's funding rounds and investors

The founders of Paces are James Mcwalter and Charles Bai. James Mcwalter is the CEO of Paces.

Here are the details of Paces' key team members:

James Mcwalter: CEO & Co-Founder of Paces.
Charles Bai: Co-Founder & CTO of Paces.
Contact Info: 1 email address

View details of Paces's Founder profiles and Board Members

Paces' employee count trend

Paces has 73 employees as of Apr 26. Here is Paces's employee count trend over the years:

Uncover Paces' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Paces include Procore, Powerplay and BuildOps. Here is the list of Top 10 competitors of Paces, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Procore 2003, Carpinteria (United States), Public	SaaS-driven project management software for construction professionals	$406M	Iconiq Capital, Tiger Global Management & 26 others	79/100
2nd	Powerplay 2020, Bengaluru (India), Series A	Provider of SaaS-driven communication and collaboration software for construction professionals	$15.6M	Accel, India Quotient & 12 others	72/100
3rd	BuildOps 2018, Santa Monica (United States), Series C	Software solution for facility management and commercial contractors	$226M	Fika Ventures, Meritech & 30 others	70/100
4th	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	Insight Partners, Redpoint Ventures & 7 others	63/100
5th	MatX 2022, Mountain View (United States), Series B	Project management solutions for the construction sector	$620M	Spark Capital, Jane Street & 8 others	63/100
6th	Paces 2022, Brooklyn (United States), Series A	Platform for evaluating sites for renewable project development	$12.9M	Navitas Capital, Y Combinator & 15 others	52/100
7th	Volue 2020, Oslo (Norway), Public	Provider of data, forecasts, and software for energy market participants	$54M	Luxor Capital Group, TA & 11 others	62/100
8th	Viewpoint 1976, Newcastle Upon Tyne (United Kingdom), Acquired	Provider of construction enterprise resource planning and project management software	$86M	Updata, CPP Investments & 2 others	61/100
9th	Hyphen Solutions 1998, Addison (United States), Series A	Collaboration and scheduling software for home construction sector	-	GreyLion Capital, Stone Point Capital & 3 others	61/100
10th	Bobyard 2023, Cupertino (United States), Series A	Provider of AI-based software solutions for project management	$73.9M	8VC, Primary Venture Partner & 5 others	60/100