Reconstruct, a Serra Capital III portfolio company, has closed a $2.4M seed round of funding, led by Serra Ventures. The company has also brought on Silicon Valley veteran Zak MacRunnels as the new CEO.
Reconstruct is a software-as-a-service construction technology company that integrates three things simultaneously: reality capturing, building information modeling (BIM) and project scheduling. They have several major customers, including Gilbane, Turner, and Clayco.
Tomislav Žigo, the Vice President of Virtual, Design, and Construction at Clayco Corporation, says “The real-time insight into progress and productivity rates, risk management, visual intelligence and schedule verification that Reconstruct provides in a comprehensive way, enables our largest commercial construction projects to capitalize on the immense value of data analysis automation. Reconstruct leads the new ‘ABC’ of Construction Tech: AI, BIM, Computer Vision taken to new heights.”