When was Provision founded?

Provision was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Provision located?

Provision is headquartered in Toronto, Canada.

How many employees does Provision have?

As of May 31, 2026, the latest employee count at Provision is 49.

Is Provision a funded company?

Provision is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jul 01, 2022.

When was the latest funding round of Provision?

Provision's latest funding was a $***** Seed round on Jul 01, 2022, with participation from 1 investor.

Where does Provision rank among its competitors?

Provision ranks 10th amongst 124 active competitors, of which 10 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Pirros, which secured $2M in Aug, 2023.

Who are the top competitors of Provision?

Provision's top competitors include Swapp, Gryps and Photoruction. Among them, Pirros secured the most recent funding round in August, 2023.

Provision - 2026 Company Profile, Funding & Competitors

Company Details

AI-powered PDF reader for document management. It uses artificial intelligence to understand the contents of documents, making it easy to search for and find important information.

Website: useprovision.com
Email ID: *****@getprovision.co

Key Metrics

Founded Year

2021

Location

Toronto, Canada

Stage

Seed

Total Funding

$500K in 1 round

Latest Funding Round

Seed, Jul 01, 2022, $*****

Investors

Team Ignite Ventures & 1 more

Ranked

10^th among 124 active competitors

Employee Count

49 as on May 31, 2026

Similar Companies

Swapp & 144 more

View Provision's full profile

Provision has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on Jul 01, 2022 for $*****. 1 investor participated in its latest round. Provision has 2 institutional investors.

Here is the list of recent funding rounds of Provision:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2022	3346688	Seed	2615402	4628856	5935448	4974149

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View details of Provision's funding rounds and investors

Provision's employee count trend

Provision has 49 employees as of May 26. Here is Provision's employee count trend over the years:

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Top competitors of Provision include Swapp, Gryps and Photoruction. Here is the list of Top 10 competitors of Provision, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Swapp 2019, Tel Aviv (Israel), Series A	AI-based provider of multimedia documentation management solutions	$18.5M	Point72 Ventures, Entree Capital & 6 others	52/100
2nd	Gryps 2019, New York City (United States), Series A	Documentation solutions for the construction industry	$7.7M	LDV Capital, Pear VC	49/100
3rd	Photoruction 2016, Chuo City (Japan), Series B	Provider of end-to-end documentation solutions for the construction industry	$13.3M	SMBC Venture Capital, Mizuho Bank & 15 others	46/100
4th	StructionSite 2016, San Francisco (United States), Acquired	Provider of SaaS-driven construction site photo documentation platform	$25M	500 Global, CEMEX Ventures & 6 others	44/100
5th	Pirros 2022, Los Angeles (United States), Seed	Provider of a management system designed for architects and engineers	$2M	FundersClub, Twenty Two Ventures & 4 others	41/100
6th	Dfmsystems 2005, Dublin (Ireland), Acquired	Provider of digital safety files and structured building manuals platform	-	-	37/100
7th	Green Badger 2013, Augusta (United States), Seed	Provider of web-based documentation software for managing green construction projects	$1.12M	Shadow Ventures, Village Capital & 4 others	36/100
8th	Building Regulations 2014, London (United Kingdom), Unfunded	App-based building regulation document platform	-	-	36/100
9th	STAVEE 2018, Prague (Czech Republic), Unfunded	SaaS-driven electronic construction diary	-	-	35/100
10th	Provision 2021, Toronto (Canada), Seed	AI-powered PDF reader for document management	$500K	Team Ignite Ventures, Y Combinator	34/100