March 27, 2025
Cloud-native platform offers contractors a single solution for data-driven sourcing, purchasing and financing of strategic equipment
CHARLESTON, S.C., March 27, 2025 /PRNewswire/ — BuildVision, a commercial construction procurement platform, today closed on a $10 million Series A round of funding led by Norwest Venture Partners with participation from existing investor Crosslink Capital. This round brings the total funding raised to $13.8 million. BuildVision will use this round to accelerate development of its cloud-native procurement platform with new product and engineering hires, drive greater artificial intelligence (AI)-powered automation, expand adoption among the top 100 ENR contractors and grow build supplier and OEM partnerships.
“Construction is one of the largest industries still plagued by inefficient, manual procurement. BuildVision is tackling this head-on with a digital-first platform that brings structure, transparency and automation to a historically fragmented process,” Sean Jacobsohn, partner at Norwest Venture Partners, who will join BuildVision’s board. “BuildVision offers a unique value proposition that helps contractors simplify the procurement process, offering more visibility, which drives down costs, reduces risk and speeds up construction timelines. We look forward to working with the team as they position BuildVision to become the dominant player in the multi-billion enterprise construction software market.”
Unlock Cost Savings and Faster Procurement with Data-Driven Process
Contractors have traditionally relied on local subcontractors and distributors to source and procure engineered building systems—a fragmented, relationship-driven process that adds unnecessary markups and delays. BuildVision eliminates inefficiencies by connecting contractors directly with manufacturers and suppliers on a single, cloud-native platform. Read rest here.