About Construction Tech sector in United States
The Construction Tech sector in United States comprises 4.9K companies, including 926 funded companies having collectively raised $36.1B in venture capital money and private equity. Out of these, 591 are Series A+ funded, and 13 have achieved unicorn status.
Construction Tech sector in United States has seen 298 acquisitions and 42 IPOs. This represents almost 6.9% of all such companies - which is higher than the 4.0% exit rate of tech companies in general.
This sector includes companies providing technology solutions or tech enabled services that help in executing any construction project from design to completion including field management.
Construction Tech sector is also known as ConTech.
Tools that help in executing any construction project from design to completion. Includes marketplaces or platform for procuring physical and human resources needed for a construction project like equipment, materials, and skilled professionals. Latest building technologies like 3D printing, robotics and modular construction that reduces the dependency on human labor and execute projects in shorter time span with lower cost are also included. Companies involved in services, consultancy, construction or design, home improvements/renovation, home automation, construction materials/suppliers, facilities/property management, and real estate technology are excluded.
Top Construction Tech Companies in United States
There are 4,904 Construction Tech startups in United States which include Matterport, Procore, ServiceTitan, Trimble, OpenSpace. Out of these, 926 startups are funded, with 591 having secured Series A+ funding, and 13 achieving unicorn status.
2026 has seen the creation of 206 Construction Tech startups in United States. Over the past 10 years, an average of 217 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Massachusetts Institute of Technology and University of California (Berkeley).
Here is the list of top Construction Tech startups in United States
1. Matterport
Provider of 3D digital twin solutions for various industry applications. It offers tools for corporate real estate, design and construction, and facilities management. The company's solutions integrate with platforms like Procore and Autodesk. It facilitates property marketing through immersive 3D tours, floor plans, and print-quality photos.
Key facts about Matterport
- Founded Year: 2011
- Location: Sunnyvale (United States)
- Stage: Acquired
- Total Funding till date: $163M
- Investors: Qualcomm Ventures, DCM Ventures and 41 Others
- Latest Funding Round: Series D, Jul 24, 2020, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 3,311 Competitors
2. Procore
SaaS-driven project management software for construction professionals. The platform offers features like document management, project management, bid management, tender management, field productivity management, design coordination, accounting integration, invoice management, portfolio management, and more.
Key facts about Procore
- Founded Year: 2003
- Location: Carpinteria (United States)
- Stage: Public
- Total Funding till date: $406M
- Investors: Iconiq Capital, Tiger Global Management and 31 Others
- Latest Funding Round: Series I, Apr 30, 2020, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 2,836 Competitors
3. ServiceTitan
Developer of business management software for residential and commercial contractors. The platform provides tools for dispatching, scheduling, call booking, invoicing, and reporting to help trade contractors optimize operations. Additional features include artificial intelligence integration for field diagnostics, automated prospecting, and building load calculations. These digital resources assist companies in managing customer interactions, inventory, and sales pipelines through a centralized system.
Key facts about ServiceTitan
- Founded Year: 2007
- Location: Glendale (United States)
- Stage: Public
- Total Funding till date: $1.1B
- Investors: Thoma Bravo, ICONIQ Growth and 26 Others
- Latest Funding Round: Series G, Jun 30, 2021, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 2 of 3,324 Competitors
4. Trimble
Developer of hardware and software for construction geospatial and transportation. Products include three-dimensional modeling software, positioning systems, and project management tools for infrastructure and building design. Offerings facilitate data analytics, field layout, and machine control for earthmoving and paving operations. Systems support supply chain visibility, fleet maintenance, and freight routing for logistics management. Additional tools provide structural analysis, fabrication planning, and financial management for project workflows.
Key facts about Trimble
- Founded Year: 1978
- Location: Sunnyvale (United States)
- Stage: Public
- Investors: Demtech, Advisor Group and 6 Others
- Latest Funding Round: Grant (prize money), Jun 01, 2023, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 1 of 1,819 Competitors
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5. OpenSpace
Developer of visual intelligence software for construction project site monitoring. The platform capture the reality of sites with smartphones, 360° cameras, and drones, and turn that reality into real-time, actionable intelligence and simpler workflows. It provides tools for task management, documentation, and coordination among project teams. The system integrates with existing construction management software to facilitate information sharing and progress tracking throughout the building lifecycle.
Key facts about OpenSpace
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Series D
- Total Funding till date: $199M
- Investors: Lux Capital, Alkeon Capital Management and 31 Others
- Latest Funding Round: Series D, Aug 09, 2022, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 1 of 161 Competitors
Companies founded year-on-year in the Construction Tech sector in United States
206 new startups have been founded so far in 2026 in the Construction Tech sector in United States. 284 Construction Tech startups in United States were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 206 |
2025 | 184 |
2024 | 153 |
2023 | 200 |
2022 | 161 |
2021 | 207 |
2020 | 284 |
2019 | 276 |
2018 | 270 |
2017 | 230 |
Stage-wise distribution of Construction Tech sector companies in United States
Out of the total 4,904 Construction Tech companies in United States, 926 have secured funding. Among them, 591 have reached Series A or higher, and 447 to Series B or beyond.
Founded - 4,904
Funded - 926
Series A+ - 591
Series B+ - 447
Series C+ - 387
Company Stage | No. of companies |
|---|---|
Founded | 4,904 |
Funded | 926 |
Series A+ | 591 |
Series B+ | 447 |
Series C+ | 387 |
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Funding Trends in the Construction Tech sector in United States
Total funding year-on-year in the Construction Tech sector in United States
The Construction Tech sector in United States saw a total funding of more than $32.1B in the last 10 years. The most amount of funding was in 2021 at more than $6.69B. There has been a total funding of $4.51B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $4.51B |
2025 | $1.73B |
2024 | $1.39B |
2023 | $1.42B |
2022 | $3.62B |
2021 | $6.69B |
2020 | $1.33B |
2019 | $2.55B |
2018 | $6.62B |
2017 | $2.25B |
Recent Funding Rounds in Construction Tech in United States
In the year 2026, till September 2026, Construction Tech companies in United States have raised $4.51B in equity funding across 77 rounds.
In the same period last year (i.e. till September 2025), Construction Tech companies in United States had raised $1.17B across 85 rounds.
So, 2026 has seen a 284.19% rise in funding in Construction Tech companies in United States as compared to 2025.
Here are some recent, important funding rounds in Construction Tech companies in United States:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series D | 9448 | Sep 29, 2026 | ||
Series A | 3771 | Sep 18, 2026 | - | |
Series B | 8198 | Sep 17, 2026 | ||
Series A | 2664 | Sep 16, 2026 | and 3 more | |
Seed | 1141 | Sep 10, 2026 |
Top Investors in Construction Tech in United States
Y Combinator is the top investor in Construction Tech companies in United States based on number of companies invested.
Here are some top investors in Construction Tech companies in United States:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
New York City (United States) | ||
Sunnyvale (United States) | ||
Atlanta (United States) | ||
San Francisco (United States) |
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M&A activity in Construction Tech sector in United States
In the year 2026, till August 2026, 8 acquisitions happened in Construction Tech sector in United States. Last year, in 2025, a total of 24 acquisitions happened in Construction Tech sector in United States.
Here are some recent, important acquisitions in Construction Tech sector in United States:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Aug 24, 2026 | ||
Business Acquisition | Aug 24, 2026 | ||
Business Acquisition | Aug 19, 2026 | ||
Business Acquisition | Apr 13, 2026 | ||
Business Acquisition | Mar 26, 2026 |
Acquisition trends in Construction Tech sector in United States
Here are the acquisition trends in Construction Tech sector in United States:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 8 |
2025 | 24 |
2024 | 23 |
2023 | 23 |
2022 | 33 |
2021 | 35 |
2020 | 21 |
2019 | 14 |
2018 | 24 |
2017 | 22 |
IPOs in Construction Tech in United States
In the year 2026, till July 2026, 3 IPOs happened in Construction Tech sector in United States.
Here are some recent, important IPOs in Construction Tech sector in United States:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jul 20, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Mar 02, 2026 | New York Stock Exchange (NYSE) | |
Jan 23, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Dec 12, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
May 20, 2021 | New York Stock Exchange (NYSE) |
Colleges which produce the most Construction Tech companies in United States
Companies founded by alumni from top colleges in the Construction Tech in United States
Most number of Construction Tech startups in United States have been founded by alumni from Stanford University, Massachusetts Institute of Technology and University of California (Berkeley).
College | No. of companies |
|---|---|
Stanford University | 50 |
Massachusetts Institute of Technology | 36 |
University of California (Berkeley) | 28 |
Harvard University | 23 |
Cornell University | 18 |
University of Pennsylvania | 16 |
University of California (Los Angeles) | 15 |
Columbia University | 13 |
Carnegie Mellon University | 12 |
Harvard Business School | 11 |
Total funding in Construction Tech companies founded by alumni from top colleges in United States
In the last 10 years, Stanford University graduates' Construction Tech companies in United States have raised the most funding among top colleges. University of Pennsylvania alumni are second, and Massachusetts Institute of Technology alumni are third.
College | Total Funding |
|---|---|
Stanford University | $2.23B |
University of Pennsylvania | $770M |
Massachusetts Institute of Technology | $659M |
Wharton School | $397M |
Cornell University | $396M |
IIT Madras | $385M |
Carnegie Mellon University | $360M |
Harvard University | $357M |
University of California (Berkeley) | $315M |
University of Toronto | $242M |
Top News in Construction Tech in United States
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Bluebeam Expands AI-Powered Bluebeam Max to Students and Educators WorldwideGlobeNewswire•Sep 24, 2026•Bluebeam
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UDig and Ferguson Launch Sales Cockpit to Streamline Counter SalesPHCP Pros•Sep 22, 2026•Ferguson, UDig
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Morpholio Trace for Business Launches, Streamlining Purchasing and Deployment for FirmsGlobeNewswire•Sep 10, 2026•Vectorworks
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Sunbelt Rentals Raises Annual Outlook After Record First QuarterShareprices•Sep 09, 2026•Sunbelt Rentals
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CleanFiber Files for Exempt Offering to Raise $9 Million in New Fundingintelligence360•Aug 26, 2026•CleanFiber
