Builders FirstSource secures $25.3 million in a funding round to enhance its AI capabilities in the construction process.
Amount Raised
$25.3 Million
Round Type
Venture - Series Unknown
Description
Builders FirstSource has received $25.3 million to evolve from a building-products distributor to an essential operating partner. This investment will aid in leveraging AI to improve productivity and reduce costs in the construction cycle. The company aims to automate workflows and connect fragmented construction data. The partnership focuses on integrating various construction documents into a unified platform.
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Based on industry dataBuilders FirstSource raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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