Attentive.ai has secured $30.5 million in Series B funding, led by Insight Partners, to enhance its AI platform for the construction industry. This funding, totaling $48 million, will drive the development of new tools and support global expansion. The company’s flagship product, Beam AI, serves over 1,200 contractors, automating the labor-intensive process of preconstruction takeoffs while ensuring quality through human verification. This method enhances accuracy, allowing firms to bid confidently and increase productivity without extra staffing. CEO Shiva Dhawan emphasizes that the goal is to make AI integral to preconstruction workflows, transforming project estimations and collaboration. Strong investor interest highlights the potential for digital transformation in construction. Attentive.ai aims to expand its offerings beyond takeoffs, targeting infrastructure projects worldwide, positioning itself as a leader in construction technology automation. For more updates on AI innovations and venture capital trends, explore our venture capital news section.
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