Assignar Secures $20 Million To Expand Its Operations Platform For Infrastructure Contractors & Projects

May 19, 2021•about 4 years ago

Amount Raised

$20 Million

Denver

Description

Assignar, a cloud-based construction operations platform for heavy civil & infrastructure self-perform general and subcontractors, today announces that it has raised $20 million in Series B funding. The round was led by Fifth Wall, the largest venture capital firm focused on technology for the global real estate industry, with a repeat investment from Tola Capital and a new investment from Ironspring Ventures. Fifth Wall Partner, Vik Chawla joins the board as part of this round.

Company Information

Company

Assignar

Location

Denver, Colorado, United States

About

Founded in 2014 by Sean McCreanor and Marko Tomic, Assignar is a cloud-based construction operations platform that helps self-perform general and subcontractors improve productivity and operations, such as labor, crew and equipment management, resource loaded scheduling, field data, timesheets and more. The company was born out of Sean's construction business while he was trying to solve problems of scale related to the office and the field. Assignar works with hundreds of customers, ranging from multinational, multi-billion dollar companies to specialist contractors with as few as five crews. Assignar's customers operate in infrastructure, road, rail, civil, utilities and other construction disciplines. The company has offices in Denver, Colorado and Sydney, Australia and is backed by Fifth Wall, Ironspring Ventures, Our Innovation Fund (OIF) and Tola Capital. For more information, visit www.assignar.com.

Funding Insights

Based on industry data

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