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Attentive Inc. Secures $7M Series A Funding Led By Vertex Ventures SEA&I

Feb 08, 2024almost 2 years ago

Amount Raised

$7 Million

WilmingtonSoftware

Investors

Tenacity VenturesInfo Edge VenturesPeak Xv PartnersVertex Ventures Southeast Asia And India

Description

Attentive Inc. announced the successful close of its Series A funding round of $7M led by Vertex Ventures Southeast Asia and India. Existing investors, Peak XV Partners, and InfoEdge Ventures also participated in the round. Tenacity Ventures will also come onboard the cap table through a secondary investment

Company Information

Company

Attentive

Location

Wilmington, Delaware, United States

About

Attentive.ai is your go-to partner for AI-based takeoffs, transforming how construction and field services professionals work. Our platform, Beam AI, helps preconstruction, estimating, and sales teams with 100% automated AI-based takeoffs, saving up to 90% of their time and enabling them to submit 2X more bids without adding headcount.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers