- Other participants in the round included The Haskell Company’s venture capital arm, Dysruptek, Suffolk Technologies and STO Building Group
- Funding will be used to help ProPlanner grow its customer base, expand its go-to-market team and enhance platform
- ProPlanner was founded as Ipsum more than five years ago in Latin America, with Cemex Ventures as an early investor
ProPlanner, a web-based and collaborative construction technology platform, has raised $2.7 million in funding. Insight Partners led the round with participation from other backers including The Haskell Company’s venture capital arm, Dysruptek, Suffolk Technologies, STO Building Group and Thornton Tomasetti.
The San Francisco-based company will use the funding to grow its customer base, expand its go-to-market team, and enhance its platform’s capabilities.
ProPlanner is a collaborative cloud-based construction scheduling and planning platform utilized by general contractors on construction projects in over 10 countries, according to the press release. ProPlanner gives general contractors a web-based, easy-to-use platform to empower teams in the field to plan better and keep their projects on time.
“For too long construction teams have struggled to keep projects on time,” Franco Giaquinto, ProPlanner CEO, said in a statement. “As we dug into the problem, we learned they were using software that isn’t up to date with today’s needs and siloes information on desktops, resulting in schedules and lookaheads that are immediately stale and obsolete.”
ProPlanner was founded as Ipsum more than five years ago in Latin America. Cemex Ventures was an early investor.