Buildots Inc., a construction software startup helping Intel Corp. build fabs faster, today announced that it has raised $45 million in late-stage funding.

Qumra Capital led the Series D investment. It was joined by OG Venture Partners, TLV Partners, Poalim Equity, Future Energy Ventures and Viola Growth. The round brings Buildots’ total outside funding to $166 million.

During construction projects, quality assurance professionals actively monitor the building work for potential errors and delays. Chicago-based Buildots offers a cloud platform that promises to ease the task. The software helps quality assurance teams quickly access the building data needed for their work.

According to Buildots, an artificial intelligence assistant called Dot makes it possible to retrieve technical information with natural language prompts. A worker could, for example, ask about the status of the electric wiring in a new building. Dot can also retrieve more granular data about individual construction activities.

Another tool in Buildots’ interface allows users to access images of the building section they wish to review. The platform also brings up the section’s floor plan, as well as a list of outstanding construction tasks. Buildots can point out if there are any errors that may lead to building defects down the line.

Alongside quality issues, the platform identifies project delays. An analytics dashboard tracks the speed at which each construction activity is being carried out to determine whether deadlines will be met. Buildots can, for example, calculate the average number of sprinklers that are being installed per week.

The platform also promises to ease a number of related tasks. A spreadsheet-like interface section allows managers to track payments to the subcontractors involved in a construction project. Additionally, the platform aggregates high-level project metrics such as the total number of construction tasks completed during a given month.

Buildots collects project data by analyzing footage from 360-degree cameras attached to construction managers’ hard hats. According to the company, the information is processed by internally developed AI models that it trained on millions of construction-related data points.

The company says its platform has been adopted by about 50 construction companies. Additionally, Intel is using the software to support its fab network expansion efforts. Buildots claims to have helped the chipmaker avoid about four weeks’ worth of construction delays per fab and reduce costs in the process.

“We’re already seeing a shift from project-by-project tech adoption to long-term enterprise agreements, with multiple seven-figure deals signed so far this year,” said Buildots co-founder and Chief Executive Officer Roy Danon.

The startup will use the proceeds from its latest funding round to grow its presence in North America. Additionally, it plans to develop new AI features that can forecast the future performance of construction projects based on historical data. 

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