After raising $16 million last year, Israeli construction tech startup Buildots has raised $30 million in Series B funding led by Lightspeed Venture Partners. The company’s previous investors also participated in the round. The company has raised $46 million total, with offices in London and Tel Aviv. The technology is based on artificial intelligence computer vision technology. The construction industry accounts for about 13% of the world’s GDP and employs hundreds of millions of workers. Yet productivity in the industry has lagged behind other sectors for over 20 years.
After spending six months on construction sites, founder and CEO Meirav Oren realized that one area where efficiency fails is control. The construction industry largely relies on multiple entities and processes, which may be the cause of some of its inefficiencies. Buildots’ technology uses AI algorithms to validate images and identify gaps in scheduling, design, and construction.
Monitor construction sites
The construction industry is a big market for anxnr construction technology. Startups are finding ways to disrupt the industry and make it more scalable and cost-effective. In November, Mosaic Building Group raised $44 million from Tiger Global Management to build a software platform for residential construction. The company has launched two product lines that use artificial intelligence to improve efficiency and profitability. Buildots’ software combines computer vision with edge devices and a mobile app to monitor construction sites around the clock. The startup claims 30 construction industry clients.
Felicis Ventures invests in companies that redefine core and frontier markets. Its portfolio companies include Fitbit, Gingko Bioworks, Planet Labs, and Vicarious. The firm also makes angel investments and focuses on early stage companies. Founded in 2005, Felicis has offices in San Francisco, Austin, and Dublin.
Nayya, a leading insurance benefits management and experience platform, has closed $11 million in Series A funding led by Felicis Ventures. The company was also supported by other early investors, including Guardian Life, the largest mutual life insurance company in the United States. The funding round also saw participation from Cameron Ventures, which partnered with a Fortune 500 insurance company.
Generating revenue
Felicis Ventures has less than $150 million in assets under management and operates seven private funds. Its portfolio companies typically have institutional VC investments, are entering their respective markets, and have a high likelihood of generating revenue. This group has invested in more than 350 companies and h
LinearB is a software delivery intelligence startup based in Tel Aviv and Los Angeles. The company raised $16 million in Series A funding led by Battery Ventures. The company aims to improve the efficiency of software development hertube projects through workflow automation. The company’s software is currently used by more than 1,500 development teams.
Hosting a Discord channel
The startup’s product management tools will help developers increase their productivity and align engineering and business leaders. The company is promoting its tools to developers, hosting a podcast on the topic and hosting a Discord channel for dev leaders. As a result, it has received more than $16 million in venture funding.
Orange County social media startup LinearB has raised $16 million in Series A funding. The money is going to help the company develop its social media platform and encourage its members to be healthier. The company previously raised $51 million in debt financing. The new funding will help it expand and continue to develop its Dragen technology.
Personetics is a global provider of AI-based personalization and customer engagement solutions for financial institutions. The company has just raised $75 million in growth funding from investors including Warburg Pincus, Lightspeed Ventures, Sequoia Capital, and Nyca Partners. The company uses proprietary AI software to analyze venturebeat financial and behavioral data to create a personalized customer experience. The company plans to use this technology to help banks understand their customers better.
Financial institutions
Personetics is a global provider of AI-based personalization and customer engagement solutions for financial institutions. The company has just raised $75 million in growth funding from investors including Warburg Pincus, Lightspeed Ventures, Sequoia Capital, and Nyca Partners.
The company uses proprietary AI software to analyze financial and behavioral data to create a personalized customer experience. The company plans to use this technology to help banks understand their customers better.
With a comprehensive platform for benefits decisions, Nayya has simplified benefits administration for both business owners and employees. The company offers a personalized experience that considers an employee’s financial, mental, and physical needs. It helps employees choose the right plan in as little as 10 minutes. In addition to making onboarding and benefits administration easier, Nayya allows employers to migrate eligible employees to the best plans.
While Nayya has primarily focused on healthcare, it has branched out to other services. It now provides recommendations and administrative assistance for other benefits, including pensions and student loans. It also offers ancillary services such as mental health. The company’s algorithmic recommendations engine is also useful for individual consumers.
The right choices
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Vanta helped Nayya get ready for SOC 2 and HIPAA audits. Vanta’s customizable policy templates helped Nayya develop policies that restricted access to sensitive data. In addition, the company was able to develop recovery plans. The audit period spanned from September 15 to December 15. Nayya’s SOC 2 report was sent to insurers that originally requested it and to new potential clients in January.
The penelitian terhadap Minat Belajar Murid Kelas V SD Negeri Tanetea Kab. Gowa. Its aim is to provide a quality education to students in the province. However, it is also important to provide a supportive environment for the student. It will help him to build strong relationships with students, and help him develop social skills.
Remarks
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